Report Ocean recently published a new research report on the Bleeding Disorder Testing Market. In addition to prospective prospects, this study offers a historical analysis of growth, cost structure, revenue, market trends, and capacity (2023-2030). The following section offers comprehensive coverage of the Bleeding Disorder Testing Market across a number of market categories, in-depth research at the country level, and an assessment of the market’s key drivers, restraints, trends, and opportunities.
Global Bleeding Disorder Testing Market is valued at approximately USD 82.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2022-2029.
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Bleeding disorder is a condition that affects when the blood clotting process and resulting in excessive bleeding. This disorder is caused by the low levels of clotting protein that is present in blood. Bleeding disorder testing is a screening test that is performed to detect bleeding disorders in people who have not shown any symptoms of disease. Factors such as favorable reimbursement scenarios, rising integration of artificial intelligence and nanomaterials in testing and diagnosis, coupled with the growing healthcare expenditure are the chief driving factors for the market demand around the world.
The increasing prevalence and diagnosis of bleeding disorder among general population is acting as a catalyzing factor for the growth of the market. According to The Centers for Disease Control and Prevention, it was estimated that Hemophilia A affects 1 in 5,000 male births and nearly 400 babies are born with hemophilia A each year. Likewise, as per the World Federation of Hemophilia’s 2020 annual global survey, there were around 393,658 individuals worldwide recorded who suffer from bleeding disorders, which is an increase from about 287,066 in 2015. This surge occurs because of a rise in the disorder’s prevalence among diagnoses in the general population, thus, in turn, accelerates the market growth across the globe. Moreover, the rising introduction of new products, as well as the growing R&D investment by the key market players are presenting various lucrative opportunities over the forecasting years. However, the low adherence to guidelines and high cost of hemophilia drugs are hampering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bleeding Disorder Testing Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the market in terms of revenue, owing to the rising adherence to the guidelines for diagnosis of these disorders and the rising number of regulatory approvals. Whereas, the Asia Pacific is also expected to grow with the highest CAGR during the forecast period, owing to factors such as development of healthcare infrastructure in emerging countries, rising prevalence of bleeding disorder, and rising number of patient population in the market space.
Major market players included in this report are:
- F. Hoffmann-La Roche Ltd.
- Siemens Healthcare GmbH
- HORIBA Ltd.
- Sysmex Corporation
- Abbott
- Thermo Fisher Scientific Inc.
- Biomerica, Inc.
- Becton, Dickinson, and Company
- Quest Diagnostics
- Trinity Biotech Plc
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
Reagents & Consumables
Instruments
By Indication:
Hemophilia A
Hemophilia B
Von Willebrand Disease
Idiopathic Thrombocytopenic Purpura
Others
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By End-user:
Hospitals & Clinics
Diagnostic Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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This report answers the following key questions:
- How big is the market as a whole in 2021? What rate of market expansion is anticipated between 2022 to 2030?
- Which region would experience a high demand for goods in the years to come?
- What are the variables promoting the market’s expansion?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have the market players adopted?
With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Examined in the study are:
- Market behavior, risk, and opportunity levels
- An assessment of end-industry behavior and opportunity
- An anticipated timeline for industry recovery.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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