Blood testing is crucial for the diagnosis of various chronic diseases such as cancer, HIV/AIDS, diabetes, anemia and coronary heart disease. It is one the routine examinations and does not require special preparation. There are various types of blood test recommended by the healthcare provider to analyze the components of blood and determine the presence of diseases. Glucose test, creatinine test, coagulation test and full blood count are common blood tests done in hospitals and diagnostic centers.
The blood testing devices market is expected to grow significantly in the coming years, owing to the key factors such as increasing demand for portable and handled blood testing devices and growing demand of diagnostic testing. Other factors governing the growth of the market are increasing number of patients with chronic disease such as diabetes, kidney diseases and other. Additionally, integration of software application with blood testing devices will enhance the growth opportunities in the blood testing devices market.
The “Global Blood Testing Devices Market Analysis to 2025” is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global blood testing devices market with detailed market segmentation by product, test type, end user, and geography. The global blood testing devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global blood testing devices market is segmented on the basis of product, test type, and end user. On the basis of product, the market is segmented into diabetes analyzer, coagulation analyzer, blood analyzer and hematology analyzer. On the basis of test type, the market is segmented into glucose test, A1C test, thyroid function test, creatinine test, coagulation test, full blood count, direct LDL test and others. On the basis of end users, the market is segmented into hospitals & clinics, diagnostic centers, homecare and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global blood testing devices market based on product, test type and end user. It also provides market size and forecast till 2025 for overall blood testing devices market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The blood testing devices market report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America holds the largest share in the blood testing devices market with US being the largest contributor to the market growth. In North America, new product launches by key players and availability of various types of technologically advanced analyzer and other instruments are the key factors driving the growth of the market. In Asia Pacific, the market is expected to exhibit potential growth due to rising emphasis on early diagnosis of disease and growing awareness about point-of-care testing blood testing. India, Japan and China are expected to be the major countries contributing to the growth of the market due to developing healthcare sector, huge demand for diagnostic services and rising prevalence of diseases.
The blood testing devices market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The blood testing devices market report also includes the profiles of blood testing devices manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the blood testing devices market are Abbott, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd, Siemens AG, Trinity Biotech Plc., BioMerieux S.A., Luminex Corporation, Thermo Fisher Scientific, Inc., Getein Biotech, Inc., Goldsite Diagnostics Inc and others.