Coagulation Testing Market - Global Industry Analysis, Size and Growth, 2023
Coagulation Testing Market © vijay mishra
The increasing prevalence of various blood clotting disorders, such as deep vein thrombosis (DVT), hemophilia and thrombophilia, and growing aging population around the world are the predominant growth drivers for the global coagulation testing market. Additionally, the technological advancements in coagulation testing devices and initiatives taken by various government associations to raise awareness about various blood disorders and its management are also driving the growth of the market. The increasing numbers of mergers and acquisitions is one of the major trends observed in the market. In terms of testing service providers, hospitals hold the largest share in the global coagulation testing market.
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The stringent regulations for the approval of coagulation testing devices, high cost of fully automated hemostasis equipment, and risk of side-effects associated with blood testing are restraining the growth of the global market. Moreover, the lack of awareness about innovative and advanced applications of coagulation testing devices and slow adoption of advanced hemostasis instruments are also hindering the growth of the market, especially in the developing countries. However, the countries such as China and India are expected to witness considerable growth during the forecast period, due to growing geriatric population and increasing incidences of blood clotting disorders.
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Some of the major players operating in the global coagulation testing market include Alere Inc., Thermo Fisher Scientific Inc., Sysmex Corporation, Siemens AG, F. Hoffmann-La Roche AG, Abbott, Axis-Shield Diagnostics Ltd., Danaher Corporation, Becton, Dickinson and Company, Bio/Data Corporation, and Chrono-Log Corporation.
Explore Report at: https://www.psmarketresearch.com/market-analysis/coagulation-testing-market
The stringent regulations for the approval of coagulation testing devices, high cost of fully automated hemostasis equipment, and risk of side-effects associated with blood testing are restraining the growth of the global market. Moreover, the lack of awareness about innovative and advanced applications of coagulation testing devices and slow adoption of advanced hemostasis instruments are also hindering the growth of the market, especially in the developing countries. However, the countries such as China and India are expected to witness considerable growth during the forecast period, due to growing geriatric population and increasing incidences of blood clotting disorders.
Explore Report Sample at: https://www.psmarketresearch.com/market-analysis/coagulation-testing-market/report-sample
Some of the major players operating in the global coagulation testing market include Alere Inc., Thermo Fisher Scientific Inc., Sysmex Corporation, Siemens AG, F. Hoffmann-La Roche AG, Abbott, Axis-Shield Diagnostics Ltd., Danaher Corporation, Becton, Dickinson and Company, Bio/Data Corporation, and Chrono-Log Corporation.