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Global Hematology Analyzers and Reagents Market Will Grow at a CAGR of Almost 6% during 2019-2023 | Technavio


Technavio has announced the release of their research report on the
global hematology analyzers and reagents market for the forecast period
2019-2023. This hematology analyzers and reagents market analysis report
segments the market by end-user (hospitals and diagnostic centers, blood
bank centers, and others) and geography (Asia, Europe, North America,
and ROW).

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The global hematology analyzers and reagents market will post at a CAGR of almost 6% during 2019-202 ...

The global hematology analyzers and reagents market will post at a CAGR of almost 6% during 2019-2023 (Graphic: Business Wire)

Global hematology analyzers and reagents market size will grow by USD
1.08 billion during 2019-2023, at a CAGR of almost 6%. Healthcare
professionals prefer automation over manually intensive tasks as it
helps them to save time and minimize human error. This is resulting in
an increased purchase volume of automated hematology analyzer systems.
These systems require fewer reagent turnover to maximize walk-away time
and maximize efficiency. Such benefits will improve laboratory
productivity and generate quick results for complete blood count

Rising demand for blood banks

The demand for blood and blood components such as RBCs and plasma is
increasing with the growing need for blood transfusions. This will drive
the need for blood banks that test, and store the inflow of blood units
from blood donations. These blood banks run tests on donated blood and
then store them in blood bank refrigerators for immediate or later usage
at hospitals and other end-users. This increase in the number of blood
banks will result in an increased demand for hematology analyzers and
reagents as they are used to conduct screening tests for infectious
diseases and blood typing and serological tests for blood plasma.

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"The increasing focus of manufacturers on providing a complete
hematology solutions portfolio including automated analyzers, reagents,
calibrators, and controls will drive hematology analyzers and reagents
market growth in North America. Additionally, the growing trend for
providing education and training on the diagnosis and treatment of blood
disorders to clinicians and scientists will also drive the growth of the
market in North America", says an analyst at Technavio.

The concentration of vendors with efficient supply chain management is
high in developed countries such as the US, which ensures timely
delivery of hematology analyzers to end-users. The efficient supply of
hematology analyzers and reagents is driving its adoption rate in
various healthcare and diagnostic centers and blood banks. Additionally,
numerous vendors have a strong distribution network in countries such as
Canada, which will further facilitate market growth.

snapshot of the report
for a more detailed overview of
the market and the segmentation covered in this report

This hematology analyzers and reagents industry research report provides
an in-depth analysis of the major drivers, upcoming trends, and
challenges that will impact market growth over the forecast period. The
report analyzes the competitive landscape and offers details on several
hematology analyzers and reagents manufacturers including:

  • Abbott
  • Bio-Rad Laboratories
  • Danaher
  • F. Hoffmann-La Roche Ltd.
  • Sysmex Corporation

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

About Technavio

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