Hemostasis and coagulation analyzers are medical devices used to test coagulation factors in blood plasma. They help in monitoring blood coagulation disorders and management of anticoagulation therapies. Hemostasis and coagulation analyzers detect abnormalities related to hemostasis that may lead to excessive bleeding or thrombosis. Technological advancements have improved portability and results time of these analyzers enabling point-of-care diagnosis.
The Global Hemostasis/ Coagulation Analyzer Market is estimated to be valued at US$ 6.47 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Hemostasis/ Coagulation Analyzer Market Growth are Horiba Medical, Siemens Healthineers AG, Agappe Diagnostics Ltd, NIHON KOHDEN CORPORATION, Sysmex Corporation, F. Hoffmann-La Roche Ltd, Stago Group, Maccura Biotechnology Co., Ltd., Thermo Fisher Scientific Inc., Haemonetics Corporation, Genrui Biotech Co., Ltd., BIOLABO S.A.S, Erba Mannheim, Sclavo Diagnostics International, and Helena Laboratories Corporation.
The growing demand for point-of-care hemostasis testing is driving the market. Portable analyzers provide rapid results at the patient's bedside, ER, OR, and other locations to expedite clinical decision making.
Technological advancements like dry chemistry methods, microfluidics, and automated sample-to-result technologies are reducing complex manual tasks. New devices have enhanced throughput, usability, and data management features for busy healthcare settings.
Market Trends
Point-of-care testing trend continues to grow for decentralized healthcare models. New devices offer miniaturized assaysoutside conventional laboratories directly at the site of patient care.
Artificial intelligence and machine learning are being applied for tasks like automatic result interpretation, quality control, predictive maintenance, and remote diagnostics support. This helps maximize analyzer uptime for uninterrupted patient testing.
Market Opportunities
Emerging markets show strong growth potential driven by increasing access to healthcare and focus on non-communicable diseases. Local product assembly, innovative financingmodels, and regulatory approval strategies can help manufacturers tap opportunities.
Integration of hemostasis testingonto general chemistry and coagulation analyzer platformsprovides a one-stop solution for routine and specialized testing. This consolidatestesting workflow while reducing costs per reportable result.
Impact of COVID-19 on Hemostasis and Coagulation Analyzer Market Growth
The COVID-19 pandemic had a significant impact on the hemostasis and coagulation analyzer market. During the early stages of the pandemic, many diagnostic testing facilities shifted resources toward testing for SARS-CoV-2, resulting in postponement of routine testing including coagulation screening. Supply chain disruptions also caused shortages of reagents, consumables, and instruments needed for coagulation testing. This negatively impacted the market growth in 2020. However, as the role of coagulopathy in COVID-19 pathology became clear, demand for coagulation testing increased tremendously. Studies found high rates of elevated D-dimer and abnormal coagulation profiles in hospitalized COVID-19 patients. This led to widespread use of coagulation analyzers to monitor at-risk patients. Their ability to automate high-volume testing and generate rapid results was invaluable for managing hospitalized patients. Going forward, market players must focus on ensuring consistent supply chains and expanding production capacity to meet the rising demand driven by COVID-19. Telehealth solutions can also help address testing needs in rural areas.
Europe Currently Accounts for Largest Share in Hemostasis/ Coagulation Analyzer Market
Europe currently holds the largest share in the global hemostasis and coagulation analyzer market in terms of value. This is due to the large elderly population, rising prevalence of chronic diseases, increasing surgical procedures, and availability of advanced healthcare facilities across major European countries. Moreover, the presence of leading market players like Sysmex Corporation, Stago Group, F. Hoffmann-La Roche Ltd have boosted regional market growth through extensive R&D and new product launches. Germany, the UK, France, Italy dominate the European market owing to their well-developed healthcare systems and government support for diagnostic technologies. However, over the forecast period, Asia Pacific is expected to emerge as the fastest growing regional market. Factors such as growing medical tourism, improving access to healthcare, increasing healthcare expenditures are fueling demand across Asian countries especially China and India.
Get More Insights On This Topic: Hemostasis/Coagulation Analyzer Market
The Global Coagulation/Hemostasis Analyzer Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Coagulation/hemostasis analyzers are used to examine blood related disorders.
Hemostasis helps to stop bleeding, and coagulation are tests used to examine the hemostasis process.
Hemostasis is caused due to various deficiencies in individual platelets such as HELLP syndrome, which is due to pregnancy, or hemolytic-uremic syndrome (HUS), which is due to E. coli toxins.
Therefore these analyzers help in analyzing these disorders.
Congulometer is extensively used in medical laboratories for testing of this process.
According to market research report the global Coagulation Analyzer Market is projected to reach USD 5.0 billion by 2025 from USD 3.8 billion in 2020, at a CAGR of 5.7% between 2020 and 2025.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=197226392 Increasing prevalence of cardiovascular diseases and blood disorders and the rising geriatric population are expected to boost the growth of this market in the coming years.
Emerging economies such as Brazil, India and China are expected to provide a wide range of opportunities for players in the industry.
Clinical laboratories dominated the Coagulation Analyzer Market in 2019 On the basis of end user, the Hemostasis Analyzer Market is segmented into clinical laboratories, hospitals, and other end users.
In 2019, the clinical laboratories segment accounted for the largest share of the market.
Clinical laboratory analyzers dominated the Coagulation Analyzer Market in 2019 Based on product, the Hemostasis Analyzer Market is segmented into clinical laboratory analyzers and point-of-care testing analyzers.
