TechNavio recognizes the following companies as the key players in the Global Glycated Hemoglobin Testing Market: Abbott Laboratories, Alere Inc., Beckman Coulter Inc., and Roche Holdings AG.
Commenting on the report, an analyst from TechNavio’s team said: “POC HbA1c testing is an emerging trend in the Diagnostics Testing industry. The unavailability of spontaneous HbA1c test results is likely to affect the clinical decision making process, leading to delayed initiation of and adjustment to diabetes treatments. The failure to properly adjust treatments may cause patient incompliance and increase the risk of complications arising from the disease. Physicians are currently embracing POC HbA1c testing methods, in order to improve patient care and ensure speedy availability of HbA1c results during a patient visit. In addition, POC tests provide patient comfort and standardized laboratory-quality results that are easy to use. Hence, the growing use of POC HbA1c testing is becoming a significant tool for physicians to monitor and effectively treat diabetic patients. ”
According to the report, one of the major drivers in the market is the increasing incidence of diabetes among the population, creating a need for HbA1c testing methods to diagnose and monitor diabetes.
Further, the report states that one of the key challenges confronting the market is the presence of substitutes such as glucose meters, test strips, lancets, and continuous blood glucose meters, which are used to monitor diabetes.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-glycated-hemoglobin-testing-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio