The point-of-care coagulation testing market share growth by the hospitals and clinics segment will be significant for revenue generation. Hospitals and clinics hold the largest share of the global point-of-care coagulation testing market, owing to the significant use of point-of-care coagulation testing analyzers during perioperative procedures for the timely determination of coagulopathies (bleeding disorders) and hemostatic functions in patients.
The potential growth difference for the point-of-care coagulation testing market between 2020 and 2025 is USD 1.49 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The growing geriatric population and growing technological innovations in point-of-care testing are some of the key market drivers. However, factors such as lack of trained professionals will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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The point-of-care coagulation testing market report is segmented by End-user (hospitals and clinics and homecare) and Geography (North America, Europe, Asia, and ROW). North America will be the leading region with 46% of the market's growth during the forecast period.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
The POC coagulation testing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
- Abbott Laboratories - The company offers coagulation testing products under the brand names of Cholestech LDX and Afinion.
- Danaher Corp. - The company offers coagulation testing products under the brand name Hemocue.
- DIAGNOSTICA STAGO SAS - The company offers coagulation testing products under the brand name STA Satellite.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Coagulation Testing Market -The coagulation testing market size is expected to reach a value of USD 1.15 billion, at a CAGR of 7.16%, during 2021-2025. Download a free sample now!
Point of Care Diagnostics Market -The point of care diagnostics market size has the potential to grow by USD 10.69 billion during 2020-2024. However, the market's growth momentum will decelerate during the forecast period. Download a free sample now!
Point-of-Care Coagulation Testing Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 8.41% |
Market growth 2021-2025 |
USD 1.49 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.97 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 46% |
Key consumer countries |
US, UK, Germany, China, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Abbott Laboratories, Danaher Corp., DIAGNOSTICA STAGO SAS, F. Hoffmann-La Roche Ltd., Helena Laboratories Corp., iLine Microsystems SL, Medtronic Plc, Micropoint Bioscience Inc., Siemens AG, and Sysmex Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
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Technavio Research
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SOURCE Technavio
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