Middle-East and Africa Blood Testing Market by Cancer Type (Complete Blood Count, Blood Chemistry Tests, Blood Enzyme Tests and Blood Clotting,) by Diseases, by Methods (Manual Blood Culture Testing and Automated Blood Culture Testing), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
The Middle-East and Africa Blood Testing Market was worth $4.22 billion in 2016 and estimated to be growing at a CAGR of 2.69%, to reach $4.83 billion by 2021.
Blood testing is a laboratory based examination that is performed in direct to conclude general state of health, occurrence of a bacteria or virus and to consider disease progression. It is usually performed by taking a small sample of blood from the patient’s body with the help of a needle or finger prick.
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Shift in focus of healthcare providers from treatment towards early exposure of diseases, particularly in fields of cardiovascular and endocrinology medicine, has poised the industry to observe lucrative growth during the forecast period.
Other notable drivers include the introduction of various innovative solutions that enable faster and accurate diagnosis by using plasma or serum screening methods. Restraints for the market include high cost of advanced blood culture techniques and lack of appropriate reimbursement policies.
The Middle-East and Africa blood testing market is segmented on the basis of type into Complete Blood Count, Blood Chemistry Tests, Blood Enzymes Tests and Blood Clotting Tests. Complete Blood Count segmented is further divided into Red Blood Cells, White Blood Cells, Haemoglobin, Hematocrit and Platelets.
Blood Chemistry Tests are bifurcated among Test for Electrolytes, Blood Glucose, Calcium and Test for Kidney Function. Blood Enzymes Tests are sub segmented into Troponin and Creatine Kinase.
Blood Clotting Tests Segment is segregated among Prothrombin time and Activated Partial Thromboplastin time and Blood Coagulation. On the basis of diseases the market is divided into Anaemia, Infection, Leukaemia, Hypokalemia, Kidney Disorders, Heart Attack and Coronary Heart Disease.
Based on Methods, market is bifurcated among Manual Blood Culture Testing and Automated Blood Culture Testing. Automated Blood Culture Testing division is further sub segmented into Automated Blood Culture System and Blood Culture Instruments.
Based on geography the Middle-East and Africa market is analysed under various countries Middle-East and Africa. Africa is leading the blood testing market and Middle-East is estimated to grow at highest CAGR in the forecast period.
Major players in this market are Bio-Rad Laboratories Inc. (U.S.), Siemens Healthcare (Germany), Grifols (Spain), Nanosphere Inc.
(U.S.), BioMérieux (France), Dickinson and Company (U.S.), Ortho Clinical Diagnostics Inc. (U.S.), Roche Diagnostics (Switzerland), Alere Inc.
(U.S.), Bruker Corporation (U.S.), Abbott Laboratories (U.S.), Thermo Fisher Scientific Inc. (U.S.) and Beckman Coulter (U.S.).
1) By Type
- Complete Blood Count
- Red Blood Cells
- White Blood Cells
- Blood Chemistry Tests
- Test for Electrolytes
- Blood Glucose
- Test for Kidney Function
- Blood Enzyme Tests
- Creatine Kinase
- Blood Clotting Tests
- Prothrombin time
- Activated Partial Thromboplastin time
- Blood Coagulation
2) By Diseases
- Kidney Disorders
- Heart Attack
- Coronary Heart Disease
3) By Methods
- Manual Blood Culture Testing
- Automated Blood Culture Testing
- Automated Blood Culture System
- Blood Culture Instruments
Reasons to access Middle East and Africa for Blood Testing Market Research Report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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