Blood Testing Devices Market Growth, Top Key Players, and Regional Forecast by 2031

The Blood Testing Devices Market size is expected to reach US$ 64.55 Billion by 2031. The market is anticipated to register a CAGR of 8.7% during 2025-2031.

The report is segmented by Product (Diabetes Analyzer, Coagulation Analyzer, Blood Analyzer, and Hematology Analyzer), Test Type (Glucose test, A1C test , Thyroid Function Test, Creatinine Test, Coagulation Test, Full Blood Count, Direct LDL test, and Others), and End User (Hospitals & Clinics, Diagnostic Centers, and Homecare). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Blood Testing Devices Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

1. Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
2. Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
3. Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Blood Testing Devices Market Segmentation Product

1. Diabetes Analyzer
2. Coagulation Analyzer
3. Blood Analyzer
4. Hematology Analyzer

Test Type

1. Glucose test
2. A1C test
3. Thyroid Function Test
4. Creatinine Test
5. Coagulation Test
6. Full Blood Count
7. Direct LDL test
8. Others

End User

1. Hospitals & Clinics
2. Diagnostic Centers
3. Homecare

Geography

1. North America
2. Europe
3. Asia-Pacific
4. South and Central America
5. Middle East and Africa

Blood Testing Devices Market: Strategic Insights

Blood Testing Devices Market Growth Drivers

1. Increasing prevalence of chronic diseases: In the last 25 years, the incidence of chronic diseases has increased worldwide owing to lifestyle changes, which result in an increase in the number of surgeries. For instance, colorectal cancer is one of the most commonly found and lethal cancers developed in individuals due to the combined influence of genetic and environmental factors. According to the World Health Organization (WHO), colorectal cancer was identified as the third most common cancer and the second highest death-causing cancer, with ~1,926,425 global cases in 2022. The prevalence of chronic diseases such as diabetes, cancer, and cardiovascular disease is increasing globally, leading to a growing need for diagnostic testing.
2. Growing demand for point-of-care testing: Point-of-care testing (POCT) devices allow physicians or health care providers to administer tests in the patientReport Scope

   Blood Testing Devices Market Regional Insights

   The regional trends and factors influencing the Blood Testing Devices Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Blood Testing Devices Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

   Blood Testing Devices Market Report Scope

   By Test Type

   • Glucose test
   • A1C test
   • Thyroid Function Test
   • Creatinine Test
   • Coagulation Test
   • Full Blood Count
   • Direct LDL test
   • Others

   By End User

   • Hospitals & Clinics
   • Diagnostic Centers
   • Homecare

   Europe

   • UK
   • Germany
   • France
   • Russia
   • Italy
   • Rest of Europe

   Asia-Pacific

   • China
   • India
   • Japan
   • Australia
   • Rest of Asia-Pacific

   South and Central America

   • Brazil
   • Argentina
   • Rest of South and Central America

   Middle East and Africa

   • South Africa
   • Saudi Arabia
   • UAE
   • Rest of Middle East and Africa

   Report Attribute	Details
   Market size in 2024	US$ XX Billion
   Market Size by 2031	US$ 64.55 Billion
   Global CAGR (2025 - 2031)	8.7%
   Historical Data	2021-2023
   Forecast period	2025-2031
   Segments Covered	By Product Diabetes Analyzer Coagulation Analyzer Blood Analyzer Hematology Analyzer
   Regions and Countries Covered	North America US Canada Mexico
   Market leaders and key company profiles	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.

   
   

   Blood Testing Devices Market Players Density: Understanding Its Impact on Business Dynamics

   The Blood Testing Devices Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

   
   
   
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