Market Overview

Global Hemoglobin Testing Market 2018-2022 | Growing Preference for Home Care Settings to Drive Demand | Technavio

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The global hemoglobin testing market 2018-2022 is expected to post a
CAGR of more than 8% during the forecast period, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global hemoglobin testing market from 20 ...

Technavio has published a new market research report on the global hemoglobin testing market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the growing incidence
of diabetes worldwide. The diabetes epidemic is spreading worldwide.
Apart from developed countries, the prevalence of diabetes is growing
significantly in the Middle East countries such as Iran. The increase in
the number of diabetic patients is mainly due to a sedentary lifestyle,
obesity, and lack of physical activity, which is creating a huge demand
for effective and advanced hemoglobin testing devices to monitor blood
glucose levels.

This market research report on the global
hemoglobin testing market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the growing preference for home
care settings as one of the key emerging trends in the global hemoglobin
testing market:

Global hemoglobin testing market: Growing
preference for home care settings

Over the past few years, the demand for home care testing, where the
patient can test the blood glucose levels at home, is increasing. The
factors contributing to the rising demand for homecare testing include
faster results, no waiting period between sample collection and
analysis, and accurate results, all of which helps increase patient
throughput and aids in the better management of diseases.

"Healthcare providers support the use of test kits at home, which in
turn reduces the overall investigation time and visits to hospital
outpatient departments and diagnostic laboratories, Also, with the use
of blood testing device at home, a patient can control and easily manage
anemia and diabetes,"
says a senior analyst at Technavio for
research on in-vitro diagnostics.

Global hemoglobin testing market: Segmentation
analysis

This market research report segments the global hemoglobin testing
market by end-user (health centers, diagnostic laboratories, and others)
and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than
42%, followed by APAC and EMEA respectively. North America is a major
contributor to the region. The regional market is mainly driven by
factors such as the growth in the incidence of diabetes and the
availability of advanced analyzers. Moreover, the presence of
sophisticated healthcare infrastructure and growth in R&D activities are
likely to spur the demand for hemoglobin testing in the Americas.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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