Coagulation Analyzer Market Report by Testing Type (Prothrombin Time Testing (PT), Fibrinogen Testing, Activated Partial Thromboplastin Time Testing (APTT), Activated Clotting Time Testing (ACT), D-Dimer Testing, Platelet Function Testing, Anti-Factor Xa Testing, and Others), Product Type (Instruments/Analyzers, Reagents, Consumables, and Others), Technology Type (Optical Technology, Mechanical Technology, Electrochemical Technology, and Others), End User (Clinical Laboratories, Diagnostic Centers, Hospitals, and Others), and Region 2024-2032
The global coagulation analyzer market size reached US$ 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 5.8 Billion
Market Forecast in 2032
US$ 10.8 Billion
Market Growth Rate 2024-2032
7%
Coagulation, also known as hematology, is a process that enables the blood to create a clot to heal a wound. Physicians primarily use coagulation analyzers for quantifying and classifying blood cells. Different types of coagulation tests, such as PT, APTT, ACT, etc., are carried out for assessing blood clotting function in patients. Most of the hematology analyzers are capable of providing information about hemoglobin in red blood cells (RBCs), corpuscular data, platelet counts and hematocrit levels. However, some new machines have been developed to measure two specialized cell types, which include nucleated RBCs and immature white cells. At present, coagulation analyzers are experiencing a rise in their demand on account of consistent growth in the population suffering from blood disorders and lifestyle diseases.
Over the past decade, rapid advancements in technology and the introduction of new coagulation analyzer tests have led to an increase in the quality and efficiency of hemostasis laboratories. Some of the modern complex coagulators also possess high throughput, flexibility and reliability. Other than this, they provide improved accuracy and precision, and easy-to-use advanced software provided with in-built graphs and calibration curves. Moreover, there has been a significant rise in the prevalence of cardiac diseases and blood disorders, which has created the need for improved coagulation analyzers across the globe. Besides this, the sales of coagulation analyzers are positively being influenced by the increasing number of hospitals, diagnostic centers and research institutes established worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global coagulation analyzer market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on testing type, product type, technology type and end user.
Breakup by Testing Type:
Prothrombin Time Testing (PT)
Fibrinogen Testing
Activated Partial Thromboplastin Time Testing (APTT)
Activated Clotting Time Testing (ACT)
D-Dimer Testing
Platelet Function Testing
Anti-Factor Xa Testing
Others
Breakup by Product Type:
Instruments/Analyzers
Automated Analyzers
Semi-Automated Analyzers
Manual Analyzers
Reagents
Consumables
Others
Breakup by Technology Type:
Optical Technology
Mechanical Technology
Electrochemical Technology
Others
Breakup by End User:
Clinical Laboratories
Diagnostic Centers
Hospitals
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Abbott Laboratories, Roche Diagnostics (F. Hoffmann-La Roche Ltd.), Nihon Kohden, Sysmex Corporation, Siemens Healthineers Company, Thermo Fisher Scientific Inc., Helena Laboratories Corporation, DIAGNOSTICA STAGO, Instrumentation Laboratory Company, etc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Testing Type, Product Type, Technology Type, End User, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered
Abbott Laboratories, Roche Diagnostics (F. Hoffmann-La Roche Ltd.), Nihon Kohden, Sysmex Corporation, Siemens Healthineers Company, Thermo Fisher Scientific Inc., Helena Laboratories Corporation, DIAGNOSTICA STAGO and Instrumentation Laboratory Company
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global coagulation analyzer market was valued at US$ 5.8 Billion in 2023.
We expect the global coagulation analyzer market to exhibit a CAGR of 7% during 2024-2032.
The rising prevalence of cardiac diseases and blood disorders, along with the increasing adoption of coagulation analyzer, as they offer improved accuracy and precision and easy-to-use advanced software provided with in-built graphs and calibration curves, is primarily driving the global coagulation analyzer market.
The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective clotting deficiencies tests to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical equipment, thereby negatively impacting the global market for coagulation analyzer.
Based on the testing type, the global coagulation analyzer market can be segmented into Prothrombin Time Testing (PT), fibrinogen testing, Activated Partial Thromboplastin Time Testing (APTT), Activated Clotting Time Testing (ACT), D-dimer testing, platelet function testing, anti-factor Xa testing, and others. Currently, Prothrombin Time Testing (PT) holds the majority of the total market share.
Based on the product type, the global coagulation analyzer market has been divided into instruments/analyzers, reagents, consumables, and others. Among these, instruments/analyzers currently exhibit a clear dominance in the market.
Based on the technology type, the global coagulation analyzer market can be categorized into optical technology, mechanical technology, electrochemical technology, and others. Currently, optical technology accounts for the largest market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global coagulation analyzer market include Abbott Laboratories, Roche Diagnostics (F. Hoffmann-La Roche Ltd.), Nihon Kohden, Sysmex Corporation, Siemens Healthineers Company, Thermo Fisher Scientific Inc., Helena Laboratories Corporation, DIAGNOSTICA STAGO, Instrumentation Laboratory Company, etc.
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