High Penetration of POCT Devices in Developed Economies Drives Global Coagulation Testing Market


Published Date : Mar 14, 2017

Albany, New York, March 14, 2017: MarketResearchReports.biz recently announced the addition a new research report to its ever-increasing online repository. The research report, titled “Global Coagulation Testing Market 2017-2021,” provides a clear understanding of the various factors governing the trajectory of the global market. The report also provides an evaluation of the segments in the global coagulation testing market along with offering a valuable insight into their strengths, weaknesses, opportunities, and threats. The publication is a well-researched documentation of the historical milestones of the global market along with an examination of the present-day market status. 

According to the research report, the global coagulation testing market is projected to progress at a CAGR of 6.43% during the forecast period of 2017 and 2021. The growth of the overall market will be due to the increasing adoption of POCT devices in various developed countries of the world. The market is also expected to benefit from the high incidence of coagulation disorders, which is also fueling the demand for coagulation testing devices. Furthermore, technology advancements in sensors technology has introduced better and easy-to-use devices, which has given this market an additional boost. 

The emergence of e-commerce and online marketing services is expected to drive this market further in the coming years. The improving popularity of disposable coagulation testing products is also projected to work in favor of the global market. Lastly, high preference for physician for coagulation tests in various pre and post-surgical proceedings is anticipated to be an emerging trend in the global coagulation testing market. 

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Despite the head strong market drivers and trends, the global coagulation testing market is likely to witness a few hurdles as well. Currently, the exorbitant price of fully-automated hemostasis equipment is expected to challenge the growth of the overall market. The poor data management and EHR connectivity are also projected to have an adverse impact on the progress of the global coagulation market. Furthermore, the stiff regulatory reforms have considerably hampered the availability of these devices across the globe. 

The research report segments the global coagulation testing market in the basis of product, end user, and geography. The products available in the overall market are consumables and instruments. On the basis of end users, the market is divided into home care, private clinics, and hospitals. Geographically, the global coagulation testing market is divided into the Americas, Asia Pacific, the Middle East and Africa, and Europe. The report describes the factors impacting and influencing each one of these segments with absolute clarity. 

Some of the leading players in the global coagulation testing market are Helena Laboratories, HemoSonics, Roche Diagnostics, Alere, Accriva Diagnostics, Siemens Healthcare, CoaguSense, Diagon, iLine Microsystems, Abbott Laboratories, Medtronic, Micropoint Bioscience, and Sysmex. The research report provides a thorough assessment of these companies along with an explanation of their financial outlook, research and development activities, expansion plans, and strategic mergers and acquisitions. The research report also details the competitive landscape present in the global and the intensity of the competitive rivalry. 

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