Hematology Diagnostics Market Size, Share & Trends Analysis Report By Product (Instrument, Consumables), By Test Type (Blood Count, Platelet Function, Hemoglobin, Hematocrit), And Segment Forecasts, 2018 - 2025

Published: Dec, 2018 | Pages: 98 | Publisher: Grand View Research
Industry: Healthcare | Report Format: Electronic (PDF)

The global hematology diagnostics market size is expected to reach USD 9.39 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.85% over the forecast period. Increasing prevalence of blood disorders coupled with adoption of automated testing processes are projected to propel the market growth.

Automation of hematology diagnostics process have led to reduced turnaround time thereby accelerating the overall treatment regimen. Furthermore, automation has also led to reduced administrative errors and overall costs of diagnostic tests. Thus, it is expected to boost growth of the hematology testing market in the forthcoming years.

Dominance of hematology analyzers can be attributed to the presence of fully-automated analyzers which are objective, have high-throughput, and are cost-effective. Furthermore, these hematology analyzers can also detect atypical results and can improve measurable parameters such as red cell distribution width, platelet distribution, Reticulocyte (RET) counts, and nucleated red cells counts.

The advent of Point-Of-Care (PoC) hematology testing devices has led to improved diagnostic and patient outcomes. These devices are user-friendly and are available for use outside the hospital settings. This is anticipated to increase the acceptability and accessibility of hematology testing which, in turn, is anticipated to propel market growth.

Product recall and intense market competition leading to price wars are anticipated to hinder market growth. In 2018, Becton Dickinson (BD) and Company recalled Vacutainer EDTA Blood Collection Tubes owing to chemical interference with certain tests. This recall was classified as Class I recall, the most serious type of recall, by the Food and Drug Administration (FDA), thereby indicating that the use of these devices may cause serious injuries or death. Such product recalls can negatively affect the market growth.

Further key findings from the report suggest:

• Consumables emerged as the largest segment owing to increasing testing and diagnosis of blood disorders

• Diagnostic labs segment is projected to expand at a lucrative CAGR over the forecast period owing to high prevalence of blood disorders

• North America held the dominant market share in 2017 owing to favorable reimbursement scenario and presence of sophisticated technological facilities

• Asia Pacific is projected to witness swift growth during the forecast period owing to the rising healthcare expenditure coupled with focus on quality healthcare infrastructure

• Few of the key players in hematology testing market include Beckman Coulter, Inc.;Abbott Laboratories; F. Hoffmann-La Roche Ltd.; Siemens Healthineers; Mindray Medical International Limited; and Sysmex Corporation.

 Table of Contents

Chapter 1 Research Test typeology
                 1.1 Information procurement
                 1.2 Information or Data Analysis
                 1.3 Market Formulation & Validation
Chapter 2 Executive Summary
                 2.1 Market Snapshot
Chapter 3 Market Variables, Trends & Scope
                 3.1 Market segmentation & scope
                     3.1.1 Market Driver Analysis
                         3.1.1.2 Growing incidence of chronic conditions
                         3.1.1.3 Technological advancement
                         3.1.1.4 Increasing awareness of blood disorders
                     3.1.2 Market Restraint Analysis
                         3.1.2.1 Product recalls
                         3.1.2.2 High cost of products
                 3.2 Penetration & growth prospect mapping
                 3.3 Hematology Testing market - SWOT Analysis, By Factor (political & legal, economic and technological)
                 3.4 Industry Analysis - Porter's
Chapter 4 Product Estimates & Trend Analysis
                 4.1 Hematology Testing market: Product movement analysis
                 4.2 Instruments
                     4.2.1 Hematology instruments market, 2014 - 2025 (USD Million)
                 4.3 Consumables
                     4.3.1 Hematology consumables market, 2014 - 2025 (USD Million)
Chapter 5 Test Type Estimates & Trend Analysis
                 5.1 Hematology Testing market: Test movement analysis
                 5.2 Blood count
                     5.2.1 Blood count market, 2014 - 2025 (USD Million)
                 5.3 Platelet function
                     5.3.1 Platelet function testing market, 2014 - 2025 (USD Million)
                 5.4 Hemoglobin
                     5.4.1 Hemoglobin market, 2014 - 2025 (USD Million)
                 5.5 Hematocrit
                     5.5.1 Hematocrit market, 2014 - 2025 (USD Million)
Chapter 6 End-use Estimates & Trend Analysis
                 6.1 Hematology Testing market: End-use movement analysis
                 6.2 Hospitals
                     6.2.1 Hospitals market, 2014 - 2025 (USD Million)
                 6.3 Diagnostic labs
                     6.3.1 Diagnostic labs market, 2014 - 2025 (USD Million)
                 6.4 Others
                     6.4.1 Others market, 2014 - 2025 (USD Million)
Chapter 8 Regional Estimates & Trend Analysis
                 8.1 Hematology Testing market share by region, 2017 & 2025
                 8.2 North America
                     8.2.1 North America Hematology Testing market, 2014 - 2025 (USD Million)
                     8.2.2 U.S.
                         8.2.2.1 U.S. Hematology Testing market, 2014 - 2025 (USD Million)
                     8.2.3 Canada
                         8.2.3.1 Canada Hematology Testing market, 2014 - 2025 (USD Million)
                 8.3 Europe
                     8.3.1 Europe Hematology Testing market, 2014 - 2025 (USD Million)
                     8.3.2 U.K.
                         8.3.2.1 U.K. Hematology Testing market, 2014 - 2025 (USD Million)
                     8.3.3 Germany
                         8.3.3.1 Germany Hematology Testing market, 2014 - 2025 (USD Million)
                 8.4 Asia Pacific
                     8.4.1 Asia Pacific Hematology Testing market, 2014 - 2025 (USD Million)
                     8.4.2 Japan
                         8.4.2.1 Japan Hematology Testing market, 2014 - 2025 (USD Million)
                     8.4.3 China
                         8.4.3.1 China Hematology Testing market, 2014 - 2025 (USD Million)
                 8.5 Latin America
                     8.5.1 Latin America Hematology Testing market, 2014 - 2025 (USD Million)
                     8.5.2 Brazil
                         8.5.2.1 Brazil Hematology Testing market, 2014 - 2025 (USD Million)
                     8.5.3 Mexico
                         8.5.3.1 Mexico Hematology Testing market, 2014 - 2025 (USD Million)
                 8.6 MEA
                     8.6.1 MEA Hematology Testing market, 2014 - 2025 (USD Million)
                     8.6.2 South Africa
                         8.6.2.1 South Africa Hematology Testing market, 2014 - 2025 (USD Million)
                     8.6.3 Saudi Arabia
                         8.6.3.1 Saudi Arabia Hematology Testing market, 2014 - 2025 (USD Million)
Chapter 9 Competitive Landscape
                 9.1 Strategy framework
                 9.2 Company Profiles
                     9.2.1 Abbott
                         9.2.1.1 Company Overview
                         9.2.1.2 Financial Performance
                         9.2.1.3 Product Benchmarking
                         9.2.1.4 Strategic Initiatives
                     9.2.2 Beckman Coulter
                         9.2.2.1 Company Overview
                         9.2.2.2 Financial Performance
                         9.2.2.3 Product Benchmarking
                         9.2.2.4 Strategic Initiatives
                     9.2.3 Sysmex Corporation
                         9.2.3.1 Company Overview
                         9.2.3.2 Financial Performance
                         9.2.3.3 Product Benchmarking
                     9.2.4 Horiba
                         9.2.4.1 Company Overview
                         9.2.4.2 Financial Performance
                         9.2.4.3 Product Benchmarking
                         9.2.4.4 Strategic Initiatives
                     9.2.5 Bio-Rad Laboratories
                         9.2.5.1 Company Overview
                         9.2.5.2 Financial Performance
                         9.2.5.3 Product Benchmarking
                         9.2.5.4 Strategic Initiatives
                     9.2.6 Siemens Healthcare
                         9.2.6.1 Company Overview
                         9.2.6.2 Financial Performance
                         9.2.6.3 Product Benchmarking
                     9.2.7 F. Hoffmann-La Roche Ltd
                         9.2.7.1 Company Overview
                         9.2.7.2 Financial Performance
                         9.2.7.3 Product Benchmarking
                         9.2.7.4 Strategic Initiatives
                     9.2.8 Mindray
                         9.2.8.1 Company Overview
                         9.2.8.2 Financial Performance
                         9.2.8.3 Product Benchmarking
                         9.2.8.4 Strategic Initiatives
                     9.2.9 Nihon Kohden
                         9.2.9.1 Company Overview
                         9.2.9.2 Financial Performance
                         9.2.9.3 Product Benchmarking
                     9.2.10 EKF Diagnostics
                         9.2.10.1 Company Overview
                         9.2.10.2 Financial Performance
                         9.2.10.3 Product Benchmarking

List of Tables

TABLE 1 North America Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 2 North America Hematology testing market estimates and forecast by test type, 2014 - 2025 (USD Million)
TABLE 3 North America Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 4 U.S. Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 5 U.S. Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 6 U.S. Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 7 Canada Hematology testing market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 8 Canada Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 9 Canada Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 10 Europe Hematology testing market estimates and forecast by product, 2014 - 2025
TABLE 11 Europe Hematology testing market estimates and forecast by test type, 2014 - 2025
TABLE 12 Europe Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million) 
TABLE 13 U.K. Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 14 U.K. Hematology testing market estimates and forecast by test type, 2014 - 2025 (USD Million)
TABLE 15 U.K. Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 16 Germany Hematology testing market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 17 Germany Hematology testing market estimates and forecast by test type, 2014 - 2025
TABLE 18 Germany Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 19 Asia Pacific Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 20 Asia Pacific Hematology testing market estimates and forecast by test type, 2014 - 2025 (USD Million)
TABLE 21 Asia Pacific Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 22 China Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 23 China Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 24 China Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 25 Japan Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 26 Japan Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 27 Japan Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 28 Latin America other Hematology testing market estimates and forecast by products, 2014-2025 (USD Million)
TABLE 29 Latin America Hematology testing market estimates and forecast by test type, 2014 - 2025
TABLE 30 Latin America Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 31 Brazil Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 32 Brazil Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 33 Brazil Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 34 Mexico Hematology testing market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 35 Mexico Hematology testing market estimates and forecast by test type, 2014 - 2025
TABLE 36 Mexico Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 37 Middle East Asia Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 38 Middle East Asia Hematology testing market estimates and forecast by test type, 2014 - 2025 (USD Million)
TABLE 39 Middle East Asia Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 40 South Africa Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 41 South Africa Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 42 South Africa Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)
TABLE 43 Saudi Arabia Hematology testing market estimates and forecast by product, 2014 - 2025 
TABLE 44 Saudi Arabia Hematology testing market estimates and forecast by test type, (USD Million)
TABLE 45 Saudi Arabia Hematology testing market estimates and forecast by end-use, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market summary, 2017 (USD Million)
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT Analysis, By Factor (political & legal, economic, and social)
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Hematology testing market product outlook key takeaways
FIG. 16 Hematology testing market: product movement analysis
FIG. 17 Global instruments market, 2014 - 2025 (USD Million)
FIG. 18 Global analysers market, 2014 - 2025 (USD Million)
FIG. 19 Global flow cytometers market, 2014 - 2025 (USD Million)
FIG. 20 Global consumables market, 2014 - 2025 (USD Million)
FIG. 21 Global reagents market, 2014 - 2025 (USD Million)
FIG. 22 Hematology testing market test type outlook key takeaways
FIG. 23 Hematology testing market: test type movement analysis
FIG. 24 Global blood count market, 2014 - 2025 (USD Million)
FIG. 25 Global platelet market, 2014 - 2025 (USD Million)
FIG. 26 Global immunoglobulin market, 2014 - 2025 (USD Million)
FIG. 27 Global hematocrit market, 2014 - 2025 (USD Million)
FIG. 28 Hematology testing market end-use outlook key takeaways
FIG. 29 Hematology testing market: end-use movement analysis
FIG. 30 Global hospitals market, 2014 - 2025 (USD Million)
FIG. 31 Global diagnostic labs market, 2014 - 2025 (USD Million)
FIG. 32 Global other market, 2014 - 2025 (USD Million)
FIG.33 Regional market place: Key takeaways
FIG. 34 Regional outlook, 2017 & 2025
FIG. 35 North America Hematology testing market, 2014 - 2025 (USD Million)
FIG. 36 U.S. Hematology testing market, 2014 - 2025 (USD Million)
FIG. 37 Canada Hematology testing market, 2014 - 2025 (USD Million)
FIG. 38 Europe Hematology testing market, 2014-2025 (USD Million)
FIG. 39 U.K. Hematology testing market, 2014-2025 (USD Million)
FIG. 40 Germany Hematology testing market, 2014 - 2025 (USD Million)
FIG. 41 Asia Pacific Hematology testing market, 2014 - 2025 (USD Million)
FIG. 42 Japan Hematology testing market, 2014 - 2025 (USD Million)
FIG. 43 China Hematology testing market, 2014 - 2025 (USD Million)
FIG. 44 Latin America Hematology testing market, 2014 - 2025 (USD Million)
FIG.45 Brazil Hematology testing market, 2014 - 2025 (USD Million)
FIG.46 Mexico Hematology testing market, 2014 - 2025 (USD Million)
FIG. 47 MEA Hematology testing market, 2014 - 2025 (USD Million)
FIG.48 South Africa Hematology testing market, 2014 - 2025 (USD Million)
FIG. 49 Saudi Arabia Hematology testing market, 2014 - 2025 (USD Million)
FIG. 50 Strategy framework