Jersey City, New Jersey, May 12, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Point-of-Care Coagulation Testing Devices Market” By Device Type (Anticoagulation Monitoring Devices, Platelet Function Monitoring Devices, Viscoelastic Function Monitoring Devices, and Other Monitoring Devices), By End User (Hospitals and Clinics, Home Care and Others ), and By Geography. According to Verified Market Research, the Global Point-of-Care Coagulation Testing Devices Market was valued at USD 1.61 Billion in 2020 and is projected to reach USD 2.77 Billion by 2028, growing at a CAGR of 7.05% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=146329
Browse in-depth TOC on “Point-of-Care Coagulation Testing Devices Market”
202 - Pages
126 – Tables
37 – Figures
Global Point-of-Care Coagulation Testing Devices Market Overview
The growing demand for the Global Point-of-Care Coagulation Testing Devices Market, and consequently the growth of the entire market can be attributed to the increasing number of bleeding disorders cases around the globe. It is estimated that 1 in every 1000 people have a bleeding disorder, as of 2014. It was estimated that in 2018, Hemophilia affected 400,000 people globally, with an estimated presence of 1 in 5000 male births for Hemophilia A and 1 in 30000 births for Hemophilia B.
The significant advantages of Point-of-Care Coagulation devices against conventional lab testing further propel market growth. COVID-19 has resulted in the Global Point-of-Care Coagulation Testing Devices Market witness a sudden spike in its growth. This growth can be ascribed to various medical organizations prescribing Thombroelastography (TEG) testing for those affected by COVID 19. This is done to prevent the formation of blood clots, which can give rise to further complications.
Another growth driver is the savings one can manage on hospitalization expenses for home treatment of diseases like hemophilia when they use POCCT Devices instead of central laboratory testing. A cost of 300,000 to 500,000 is incurred by the patients of Hemophilia in the country which places a huge economic pressure. Moreover, the major players in the market are coming up with technologically improved products in a bid for people to improve the adoption of POCCT Devices in a homecare setting.
Key Developments in Point-of-Care Coagulation Testing Devices Market
• In April 2018, Roche - a Swiss multinational healthcare company, announced the launch of the CoaguChek® Vantus system, a self-testing device, enabled with the wireless reporting of INR results.
• HemoSonics, LLC, in March 2019, announced that its innovative Quantra Hemostasis Analyzer platform and its initial QPlus cartridge have been granted de novo marketing authorization by the FDA, and are now available for sale in the U.S.
• Coagulation Sciences LLC partnered with Enercon Technologies Inc. to be its contract manufacturing partner for its Multiple Coagulation Test System, in January 2018.
The major players in the market are F.Hoffman-La Roche Ltd., Siemens Healthineer AG, Abbott Laboratories, Medtronic plc, Sienco, Inc., Micropoint Bioscience, Inc., Hemosonics, LLC, Haemonetics Corporation, Koninklijke Philips N.V., Werfen among others.
Verified Market Research has segmented the Global Point-of-Care Coagulation Testing Devices Market On the basis of Device Type and End User and Geography.
- Point-of-Care Coagulation Testing Devices Market by Device Type
- Anticoagulation Monitoring Devices
- Platelet Function Monitoring Devices
- Viscoelastic Function Monitoring Devices
- Other Monitoring Devices
- Point-of-Care Coagulation Testing Devices Market by End User
- Hospitals and Clinics
- Home Care
- Others
- Point-of-Care Coagulation Testing Devices Market by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Coagulation Testing Market by Type (Instruments and Consumables), by Application (Activated Clotting Time (ACT), Thrombin Time (TT), Partial Thromboplastin Time (PTT), Activated Partial Thromboplastin Time (APTT), and Prothrombin Time (PT)), by End User (Hospitals, Clinical Laboratories, and Point-Of-Care Testing), by Geography, Forecast, 2020-2027
Coagulation-Hemostasis Analyzer Market by Test (Prothrombin Time Testing, Fibrinogen Testing, Activated Clotting Time Testing, and Others), by Product (Clinical Laboratory Analyzers, Consumables, Reagents, and Others), by Patient care Settings (Clinical Laboratories, Point-Of-Care Testing, and Others), by Technology (Optical Technology, Mechanical Technology, Electrochemical Technology, and Others), by Geography, Forecast, 2020-2027
Blood Coagulation Analyzer Market by Technology (Optical/ Mechanical/ Electrochemical Technology), by End User (Hospitals, Blood Banks, Others), by Geography, Forecast, 2020-2027
Blood Culture Tests Market by Product (Instruments, Blood Culture Media, Assay Kits & Reagents, and Blood Culture Accessories), by Technology (Polymerase Chain Reaction (PCR), Microarrays, Culture-Based Technology, and Proteomics Technology), by Application (Bacteremia, Fungemia, and Mycobacterial Detection), by Geography, Forecast, 2020-2027
Top medical protective clothing manufacturers becoming more advanced in the European market
Visualize Point-of-Care Coagulation Testing Devices Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.