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Research details developments in the Middle East and Africa's coagulation/hemostasis analyzer market to reach USD 360 million by 2021

Research details developments in the Middle East and Africa's coagulation/hemostasis analyzer market to reach USD 360 million by 2021

The Middle East and Africa Coagulation/Hemostasis Analyzer Market was worth USD 220 million in 2016 and estimated to be growing at a CAGR of 9.93%, to reach USD 360 million by 2021.

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Coagulation testing methods include the methods which are used for checking hemostasis systems. Hemostasis is the process by which bleeding is stopped from a blood vessel.

Coagulometer is the apparatus used in the medical laboratories to analyse the functioning of coagulation systems. Many of the methods used in laboratories today were developed more than fifty years ago.

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All the methods for analysing coagulation systems can be divided into global tests and local tests. Global tests generate results for the whole clotting cascade.

Examples of global tests are Thrombin generation test, Thrombodynamics test and Thromboelastography. They play an important role in the primary phase of diagnostics by providing an in-depth analysis of coagulation cascade.

Local tests generate the results of various components of blood coagulation cascade. Examples of local testing include Partial Thromboplastin time and Prothrombin time test

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The driving factors of Middle East and Africa Coagulation/Hemostasis Analyzer market are rising geriatric demographics, poor lifestyle choices, increasing number of people suffering from chronic blood disorders, growing incidence of chronic diseases and rising foreign investments among others. High rate of expansion of hospitals and healthcare centres is also propelling the growth of this market in developing nations of Middle East and Africa.

The Middle East and Africa 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 Coagulation/Hemostasis Analyzer market in this region is divided based on geography into Middle East and Africa broadly. The market in the region is still in the emergent phases.

Factors such as poor lifestyle choices and growing foreign investments is expected to drive the market growth in the region.

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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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