Global Coagulation Testing Market - Forecasts From 2018 to 2023

The global coagulation testing market is projected to grow at a CAGR of 7.65%, increasing from US$1,955.420 million in 2017 to US$3,042.760 million in 2023. Coagulation is the blood’s ability to clot and prevent excessive bleeding. Coagulation testing refers to the measure of blood’s ability to clot, and the time it takes to clot. Clotting disorders can cause excessive bleeding or may lead to clot formation and can be fatal in either of the two scenario. Thus, coagulation tests are done to assess the blood clotting function in patients. The global coagulation testing market is expected to witnessing significant growth during the giving forecast period owing to the rising prevalence of the blood disorders. Development of high-sensitivity POC coagulation testing techniques will also augment the coagulation testing market during the given forecast period. However, high cost of the instruments coupled with the dearth of skilled work force might restrain the market for coagulation testing during the given time frame.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global coagulation testing market value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global coagulation testing market.

Major industry players profiled as part of the report are Diagnostica Stago, S.A.S., Sekisui Medical Co., Ltd. and Tcoag Ireland Ltd. among others.

Segmentation

By Test Type

Prothrombin Time Testing
Fibrinogen Testing
Activated Clotting Time Testing
Platelet Function Tests
Other

By End Users

Hospitals and Clinics
Diagnostic Centres
Ambulatory Care Centres

By Geography

North America
United States
Canada
Others

South America
Brazil
Argentina
Others

Europe
United Kingdom
Germany
France
Others

Middle East and Africa
Saudi Arabia
UAE
Israel
Others

Asia Pacific
China
India
Australia
South Korea
Others