Wilmington, Delaware, United States, July 25, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc.: As per a study by Transparency Market Research (TMR), the global point-of-care coagulation testing devices market is estimated to register growth at a CAGR of 5.4% during the forecast period, from 2022 to 2031.
The TMR report offers in-depth study on the growth drivers, growth opportunities, challenges, and key market segments in point-of-care (POC) coagulation testing devices market. The report also helps in understanding future market outlook for point-of-care (POC) coagulation testing devices.
Players in the point-of-care (POC) coagulation testing devices market are estimated to gain sizable sales opportunities in the clinics segment during the forecast period. The market growth is ascribed to many factors such as convenience of testing, faster results, preoperative testing, and incidences of chronic diseases, notes a point-of-care (POC) coagulation testing devices market demand analysis by TMR.
As per a report, in 2018, approximately 129 million adult population in the U.S. had been diagnosed with at least one chronic diseases. Moreover, 61 million adult population of them had one chronic health diseases and approximately 68 million had over two severe conditions.
A surge in cases of private clinics and increase in skilled professionals to carry out the tests are boosting the growth in the clinics segment of the market, which in turn, is creating lucrative opportunities in the point-of-care (POC) coagulation testing devices market.
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Point-of-Care (POC) Coagulation Testing Devices Market: Key Findings
- The market share for point-of-care (POC) coagulation testing devices market is estimated to reach a valuation of over US$ 3.06 Bn by the end of 2031. The prevalence of different critical health disorders including cancer and cardiovascular diseases is being increasing across the globe in the recent years. This factor is estimated to drive the sales growth in the point-of-care (POC) coagulation testing devices market during the forecast period.
- Key players in the point-of-care (POC) coagulation testing devices market are increasingly focusing on technology and product innovations. This aside, government authorities of several nations are increasing financial support for technological innovations. Such factors are expected to fuel the growth opportunities in the point-of-care (POC) coagulation testing devices market.
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Point-of-Care (POC) Coagulation Testing Devices Market: Growth Boosters
- Rise in the utilization of anticoagulant therapy across the healthcare industry of many developed nations in propelling the point-of-care (POC) coagulation testing devices market
- Increase in cases of blood clotting diseases across developed and developing nations in creating profitable opportunities in the market
- Surge in the adoption of POCT coagulation testing technology in developed nations is boosting the growth in the point-of-care (POC) coagulation testing devices market
Point-of-Care (POC) Coagulation Testing Devices Market: Reginal Analysis
- The point-of-care (POC) coagulation testing devices market in North America is prognosticated to attract sizable growth opportunities during the forecast period owing to many factors such as rise in the cases of cardiac disorders and increase in understanding pertaining to coagulation disorders among the regional populace
- The Asia Pacific point-of-care coagulation testing devices market is expected to expand at prominent pace due to several factors such as improved health care expenditure, rise in the acceptance of latest products, and advancements in the dynamics of the in vitro diagnostics industry
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Point-of-Care (POC) Coagulation Testing Devices Market: Key Players
Some of the key players profiled in the report are:
- Abbott Laboratories
- F. Hoffmann-La Roche AG
- Medtronic plc
- Siemens Healthineers
- HemoSonics, LLC
- Haemonetics Corporation
- Werfen
- Micropoint Bioscience, Inc.
- Koninklijke Philips N.V.
- Sienco, Inc.
Point-of-Care (POC) Coagulation Testing Devices Market Segmentation
- Product
- Instruments / Analyzers
- Consumables & Accessories
- Method
- PT / INR
- Viscoelastic Coagulation Monitoring
- Others (ACT, aPTT, etc.)
- End-user
- Hospitals
- Diagnostic Laboratories
- Clinics
- Others
- Regions Covered
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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