Rising Demand for Disposable Coagulation Testing Products Spurring Growth in the Global Coagulation Testing Market: Technavio Report

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  • The key vendors in the Global Coagulation Testing Market 2014- 2018 are Abbott Laboratories, Danaher Corp., Roche Diagnostics and Sysmex Corp.

London, 08 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Coagulation Testing Market 2014- 2018.   An expansion of some of the economies in the Asia Pacific region is one of the main trends observed in this market. Governments in emerging countries are making efforts to improve healthcare infrastructure, which has benefited the Coagulation Testing market. The Global Coagulation Testing market is expected to grow at a CAGR of 5.62 percent during the period 2013-2018.

Coagulation testing helps in measuring the ability of blood to form a clot. Coagulation tests are performed in order to analyze clotting disorders such as hemorrhage and thrombosis. Coagulation testing analyzers play a major role in improving a patient’s quality of life. It helps in determining whether someone is suffering from a coagulation disorder.

“The demand for disposable coagulation testing products is growing rapidly as fixed coagulation testing devices are expensive and difficult to control at times because of the slower processing of data,” says Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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