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Asia Pacific Coagulation/Hemostasis Analyzer Market Analysis (2016-2021) – Market Data Forecast

The Asia Pacific Coagulation/Hemostasis Analyzer Market was worth USD 590 million in 2016 and estimated to be growing at a CAGR of 10.55%, to reach US
Mounika Chekuri | 08.09.2017
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Coagulation testing procedures describe a set of methods used for the checking hemostasis systems. Hemostasis is the process in which bleeding is stopped from a blood vessel. Coagulometer is the instrument which is used in the medical laboratories to analyse coagulation systems. Many of the methods which are used in laboratories today were developed more than fifty years ago.

All the methods for analysing coagulation systems can broadly be divided into two types, global tests and local tests. Global tests produce results for the whole clotting cascade. Examples of global tests include Thrombodynamics test, Thromboelastography and Thrombin generation test. They play an important role in the initial phase of diagnostics by producing a detailed analysis of the coagulation cascade. Local tests generate the results of different components of blood coagulation cascade. Examples of local testing include Prothrombin time test and Partial Thromboplastin time.

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The Asia-Pacific Coagulation/Hemostasis Analyzer market is driven by rising geriatric demographics, increasing number of people suffering from chronic blood disorders, rising incidence of chronic diseases, poor lifestyle choices and increase of foreign investments among others. Huge expansion of hospitals and healthcare centres is also propelling the growth of this market in developing nations of Asia-Pacific.
The Asia-Pacific Coagulation/Hemostasis Analyzer market is divided on the basis of test into ACT, aPTT, d dimer testing, platelet function test, prothrombin time testing, anti-factor Xa test, heparin and protamine dose response test for ACT, fibrinogen testing and other coagulation tests. Prothrombin time testing has the largest market share in this segment and is also the fastest growing due to increasing automation of this process in laboratories. On the basis of product, the market is divided into PoC testing analyzers and clinical laboratory analyzers. Clinical laboratory analyzers has the largest market in this segment. By end users, the market is categorized into clinical laboratories, PoC and others. Clinical laboratories has the largest share in the segment. By technology, the market is segmented into electrochemical, optical, mechanical and other technologies. Optical segment has the largest market share and is also the fastest growing in this segment.

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The Asia-Pacific Coagulation/Hemostasis Analyzer market is divided based on geography into India, China, South Korea, Australia and other parts in the region. Asia-Pacific market is the fastest growing in the world and has the third largest share after Europe region. Factors such as huge patient base, rising foreign investments and poor lifestyle choices is expected to propel the market growth in the region.
Some of the major players in the market include Siemens AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Roche Diagnostics (Switzerland), Alere Inc. (U.S.), Sysmex Corporation (Japan), Helena Laboratories (U.S.), Instrumentation Laboratory (U.S.), International Technidyne Corporation (U.S.), Nihon Kohden Corporation (Japan) and Diagnostica Stago (France).

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