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Point Of Care Coagulation Testing Market Report
Global Point-of-Care Coagulation Testing Market, Dynamics, and Market Analysis
Global Point-of-Care Coagulation Testing Market, By Type (Instruments, Consumables), Application (Hospitals and Private Clinics, Homecare), and Region - COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Point-of-Care Coagulation Testing market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The Global Point-of-Care Coagulation Testing Market is expected to grow from USD xx billion in 2020 to USD xx billion by 2026 at a CAGR of over x% during the forecast period.
Figure: Global Point-of-Care Coagulation Testing Market Size, 2020-2026 (USD Billion)
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A point-of-care coagulation test is used to monitor anticoagulation to prevent severe adverse reactions which may result in critical conditions like thrombosis or haemorrhage. The instruments used for point of care coagulation testing are lower end and less complex designed as a backup for the central coagulation laboratory or physician office laboratories.
Key players operating in the global Point-of-Care Coagulation Testing Market are-
Growing emphasis on the development of advanced point of care coagulation testing which is easy to handle and operate is likely to create significant growth opportunities for the market players.
Based on end user, the market has been segmented into hospitals and private clinics and homecare.
The hospitals & private clinics segment accounted for the largest market share in 2020 due to its availability of skilled staff and necessary infrastructure. The homecare segment is projected to register healthy growth during the review period due to increasing healthcare costs.
Geographically, the market in North America accounted for the largest market share of around 40% in 2020 and is projected to continue its dominance during the review period.
The covid-19 outbreak affected the growth of the Point-of-care coagulation testing market short period of time as due to supply chain disruptions amid lockdown; the product availability in the market was hampered. Additionally, according to studies, the Covid-19 patients were at high risk of developing venous blood clots and other complications related to blood clotting, which, in turn, has driven the demand for point of care coagulation testing.
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The following is a list of the customers that the Global point-of-care coagulation testing market aims to convert the most:
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Abbott Laboratories (The U.S), Danaher Corporation (The U.S), Diagnostica Stago SAS (France), F. Hoffmann-La Roche AG (Switzerland), Helena Laboratories Corporation (The U.S), iLine Microsystems SL (Spain), Medtronic Plc (The U.S), Micropoint Bioscience Inc. (The U.S), Siemens Healthineers AG (Germany) and Sysmex Corporation (Japan) are among the key players in the point-of-care coagulation tasting market.
North America accounted for the largest share of point-of-care coagulation testing market in 2020.
Asia-pacific is expected to grow at the fastest CAGR in the point-of-care coagulation testing market during the forecast period.
Growing emphasis on the development of advanced point of care coagulation testing, increasing number of patients having bleeding disorders, changing haemostatic balance in the people with increasing age are the factors driving the growth of point-of-care coagulation testing market.
The hospitals & private clinics segment accounted for the largest share in the point-of-care coagulation testing market in 2020.
Point-of-care coagulation testing manufacturers, Point-of-care coagulation testing suppliers, Point-of-care coagulation testing distributors, Organizations, Government bodies are the target audience in the point-of-care coagulation testing market.
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