Global Coagulation Analyzer Market to Surpass US$ 13.17 Billion by 2025

SEATTLE, Jan. 29, 2018 -- According to Coherent Market Insights, the global coagulation analyzer market was valued at US$ 2,481.7 million in 2017 and is projected to exhibit a CAGR of 9.7% over the forecast period (2017–2025).

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Key Trends and Analysis of the Coagulation Analyzer Market:
Introduction of new coagulation analyzers by manufacturers to perform various functions such as cap piercing, primary tube sampling, dilution, and automatic rerun is expected to boast growth of the market. For instance, in November 2015, Instrumentation Laboratory launched ACL TOP Family 50 series for mid- to high-volume clinical laboratories for routine to specialty assays, including clotting, chromogenic, and immunological assays. Moreover, in May 2016, Hoffmann-La Roche Ltd. launched CoaguChek INRange system — a Bluetooth enabled PT/INR home health device — in countries accepting the CE Mark that enable patients to check their coagulation status at home. Development of such devices contributes towards growth of coagulation analyzers market over the forecast period.

Anticoagulation Self-Monitoring Alliance and Anticoagulation Europe are taking initiatives to spread awareness of the ill-effects of anticoagulant therapy and have compelled lab technicians to monitor coagulant factors used during anticoagulant therapies. Furthermore, manufacturers are emphasizing on providing cost effective analyzers to small and medium-sized diagnostic laboratories. This is owing to these laboratories focusing on expanding in emerging economies such as India and China, which have less diagnostic centers, due to low disposable income and lack of infrastructure.

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Key Market Takeaways:

• A CAGR of 9.7% is expected during the forecast period (2017–2025), this is attributed to increasing adoption of handheld coagulation analyzers by clinical laboratories, which provides accurate results in low turnaround time.
• Increasing demand for testing reagents and kits by hospitals and other centers for diagnosis is expected to be factor for largest market share of these consumables in the coagulation analyzer market.
• Some of the major players in the global coagulation analyzer market include Siemens AG, Thermo Fisher Scientific Inc., Hoffmann-La Roche Ltd., Instrumentation Laboratory, Sysmex Corporation, Beckman Coulter, Inc. (Danaher), Diamond Diagnostics, International Technidyne Corporation, Nihon Kohden Corporation, and Alere Inc.

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