On the basis of geography, the market for global platelet aggregation devices is classified into North America, Europe, Latin America, Middle East & Africa and Asia Pacific.
Based on regions, North America is anticipated to have the major market share in the predicted period due to the rising prevalence of prolonged and disorders of bleeding and the increasing geriatric or the elderly population in this region, mainly in the United States. For example, devices for platelet aggregation are a lot used for the treatment in cardiovascular and bleeding disorders. As per the Centers for Disease Control and Prevention (CDC), an approximate 85% of the geriatric population in the U.S suffers from at least one chronic illness, and 60% have at least two of them. This consecutively, is anticipated to raise the need for the devices in platelet aggregation in this region.
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Asia Pacific is anticipated to experience strong development in the market for the devices in the platelet aggregation worldwide owing to the incidence of chronic ailments and increasing geriatric populace in this region. For example, the platelet aggregation gets reduced due to tumors which is called the tumor cell induced platelet aggregation or TCIPA. As per reports of cancer on recent trends provided by the Indian Council of Medical Research (ICMR), within five years, cancer cases in India would rise by 12% , with a 1.5 Mn estimated to get affected by non-communicable diseases by the year 2025,from 1.39 million in the year 2020.
Global Platelet Aggregation Devices Market Drivers_MI
Rising prevalence of CVDs (cardiovascular diseases) worldwide is anticipated to fuel the development of the market for the platelet aggregation in the predicted period. For example, devices for platelet aggregation are required for treating CVDs, resulting to anticipate a rise in the need of the devices for the platelet aggregation across the world. As per WHO (World Health Organization), cardiovascular diseases are the main reason of mortality rates worldwide and the cause of disability to a forecasted 17.9 Mn lives annually. Consecutively, is anticipated to raise the need of the devices for platelet aggregation worldwide.
Increasing problem in disorder from bleeding worldwide is anticipated to increase the market growth of the devices for the platelet aggregation worldwide in the predicted period. With increasing prevalence of disorders in bleeding, the need of the devices/systems for platelet aggregation is also rising, since they aid in diagnosis of bleeding disorders. The test for platelet aggregation is mainly done on individuals having bleeding problems. As per CDC, around 3 million people nationwide gets affected by disorders of bleeding, which is resulting in rise of need of the devices for platelet aggregation.
Global Platelet Aggregation Devices Market Opportunities_MI
Rise in need of the devices in platelet aggregation across the world is anticipated to give substantial opportunities for the market growth of the devices for the platelet aggregation. For example, with the rise in the problems of prolonged disorders in bleeding, the need of the devices for platelet aggregation is also rising with increased leap. Hart Bio in March 2020, declared its launch of ADP MEA and TRAP-6 MEA. ADP MEA and TRAP-6 MEA both are planned in the way to monitor and examine the platelet aggregation ability of the patients. ADP MEA is intended for the diagnosis of the platelet dysfunction or the normal functioning of the platelet in the blood for Multiple Electrode Aggregometry.
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Increase in the elderly population (geriatric) worldwide is anticipated to experience profitable opportunities of growth for the companies in the market for GPAD. For example, with age risk of chronic ailment rises like diabetes, heart diseases and cancer. Also, increasing geriatric population who has bleeding disorders is susceptible to risk of age-related comorbidities. As per WHO, by the end of 2030, every one in six person in the global will age around 60 years or more, and by the end of 2050, globally people’s population with age around 60 years and older will be twice the number (2.1 billion). This will fuel up the growth of the market.
Global Platelet Aggregation Devices Market Trends_MI
Aggregation systems are anticipated to develop in the predicted owing to certain issues like advancement in technology in the arena of the devices for the platelet aggregation. Since the advancements have touched the clinical usage, the need for these systems has also rise. Also, developments and expansions in future are anticipated to aid the growth of the market. This tendency is anticipated to last in the predicted period, pushing the market growth.
Furthermore, with the rise in the problem of hemostasis disorders, the need of the devices for platelet aggregation is also rising with increased leap, across the world, since testing for platelet aggregation is vital for hemostasis/bleeding diagnosis. The disorder in bleeding is caused when there is a problem in the clotting of blood in the body. This tendency is anticipated to last in the predicted period, pushing the market growth.
Global Platelet Aggregation Devices Market Restraints_MI
Expensive pricing of the devices of the platelet aggregation and deficit of skilled professional is anticipated to hinder the market for GPAD. For example, though novel technologies, system, devices have intense effect on doctors, patients, and healthcare organizations, still the availability of skilled personnel falls short, as a career option for many details, resulting in the current deficiency. This is the main threat experienced of the devices for the platelet aggregation market, which hampers the market growth.
Global Platelet Aggregation Devices Market Segmentation_MI
The market for the global platelet aggregation device is classified into Product, Application, End User and Geography.
On the basis of product, the market of the devices for platelet aggregation devices is classified into System, Consumable, Reagents and Accessories. Among which, segment of systems is anticipated to control the market of devices for the platelet aggregation device in the predicted period and this is credited to the rise in accepting the new platelet aggregation devices. Aggregometers are used in determining the stick on capability of the platelets.
Reagent segment is anticipated to experience substantial development in the coming days and this is due to the rise in application of platelet aggregation reagents. The reagents are chosen based on method type over which the platelet aggregation system is done.
On the basis of application, the market for the global platelet aggregation devices is divided into Clinical Applications and Research Applications. The former is anticipated to control the market in the predicted period and this is accredited to the rise in R&D worldwide. Platelet aggregation is applied in many research related studies like screening of new medical preparations and toxicology.
On the basis of End User, the market is divided into Diagnostic Laboratories, Hospital and the other end users. Among which, Hospital segment is anticipated to control the market in the predicted period and this is credited to the rise in the number of surgeries. Devices for platelet aggregation are needed in detection of abnormalities in platelets in the hospitals.
Diagnostic Laboratories Segment is anticipated to experience substantial development in the coming days and this is due to the rise in the incidence of prolonged ailments across the world.
Global Platelet Aggregation Devices Market: Key Developments_MI
Haemonetics got the clearance from the U.S. Food and Drug Administration (FDA) in May 2019 to expand the use of TEG 6s Hemostasis Analyzer System in setting trauma in adults for cardiovascular surgery and cardiology techniques.
Aggredyne Inc. got the approval from the U.S. Food and Drug Administration (FDA) in April 2019 for AggreGuide A-100 ADP Assay testing cartridge an in vitro diagnostic device which is required to measure the several medication of antiplatelet that aims the platelet P2Y12 receptor.
Global Platelet Aggregation Devices Market: Key Companies Insights_MI
The market for the global platelet aggregation devices is very much competitive in nature. This is accredited to the increase in acceptance of or need of devices for the platelet aggregation, consequently, companies operating in the market are aiming for launching new products in the market.
The main companies in the market for the global platelet aggregation devices includes Sysmex Corporation, WerfenLife SA, Siemens Healthineers, Sentinel Ch. SpA, Haemonetics Corporation, Chrono-Log Corporation, Bio/Data Corporation, Aggredyne Inc., F. Hoffmann-La Roche Ltd., and Helena Laboratories Corporation, among others.
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Table of Contents:
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Geography
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing burden of bleeding disorders across the globe
- High cost of devices and shortage of skilled personnel
- Increase in demand for platelet aggregation devices
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- Market Dynamics
- Global Platelet Aggregation Devices Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- Global Platelet Aggregation Devices Market, By Product, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Consumables and Accessories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
- Global Platelet Aggregation Devices Market, By Application, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Clinical Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Research Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
- Global Platelet Aggregation Devices Market, By End User, 2017-2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Diagnostic Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Other End Users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2028,(US$ Mn)
- Introduction
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