According to the report Middle East and Africa Hematology Market, published by Market Data Forecast, the market is projected to reach USD xx billion by 2021, at a CAGR of xx% from 2016 to 2021.
Hematology is a branch of medicine. It is followed to study the cause of blood related diseases, diagnose and treat the disease.
It is also involved with the prevention of those diseases. It majorly deals with diseases which result in abnormalities related to production of blood and its components.
The components include haemoglobin, all types of blood cells, platelets, blood proteins, blood vessels and mechanism of coagulation.
Some of the diseases include leukemia, lymphoma and other blood related cancers.
The various laboratory tests involved with the study are performed by medical laboratory scientists. Medical professional who is involved in the care and treatment of patients with blood related diseases are called hematologist.
They undergo extensive training in this field followed by a medical degree to be able to certify as a hematologist. In most of the places, they themselves conduct the laboratory experiments as well.
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Middle East and Africa Hematology Market: Drivers and Restraints
Middle East and Africa Hematology market is majorly driven by factors such as rising occurrence of blood related disorders and increased use of automated hematology instruments for diagnostic purposes. Rising expenditure on research and development of advanced technologies, increasing use growing popularity for flow cytometry in hematology testing are also expected to drive the market.
However, slow adoption rate of the advanced hematology analyzers and instruments in the emerging nations, recall of hematology products, and high cost are inhibiting the market growth.
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Latin America Hematology Market: Segmentation
- Hematology Analyzers
- Hematology reagents
- Flow cytometers
- Hematology cell counters
- Slide stainers
- Coagulation Analyzers
- Hematology testing
- Hemoglobin meters
- Infectious diseases
- Cardiovascular diseases
- Blood Screening
- Autoimmune disorders
By End Users
- Diagnostic Laboratories
- Research and development centers
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Middle East and Africa Hematology Market: Overview
Based on products, hematology analyzers and reagents are expected to lead the market due to the increasing usage of them in blood testing. Also, with the increasing blood donation drives all over the region, use of analyzers and reagents has increased significantly.
Based on application, infectious diseases and cancer hold the largest market share. Blood screening and diabetes tests are expected to be the fastest growing segments due to the increasing awareness of people regarding the ailments of blood.
Based on end users, diagnostic laboratories are the largest segment owing to the increasing blood related disorders and population.
Middle East and Africa Hematology Market: Region-wise Outlook
The market has been geographically segmented into Middle East and Africa. Africa region leads the market in this region due to the increasing prevalence of many infectious diseases caused by microorganisms and cancers related to blood.
The growth in Middle East region is somewhat less compared to that of Africa.
Key Questions Answered
- What is the current and future Hematology market outlook in Middle East and Africa? What trends are affecting the Middle East and African market?
- What is the competitive landscape and market share of major players in the Hematology market in Middle East and Africa?
- What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
- What challenges are restraining the growth of the Hematology market? How will emerging technologies answer these challenges?
- What are the unmet needs with the Hematology currently on the market? How will emerging technologies fulfill these unmet needs?
Middle East and Africa Hematology Market: Key Players
Major companies dominating the Middle East and Africa Hematology market are Siemens AG Healthcare, Johnson & Johnson, Beckman Coulter, Inc., Abbott Laboratories, Thermo Fisher Scientific, Roche, HORIBA Ltd., Sysmex Corporation, Bio-Rad Laboratories Inc., Boule Diagnostics AB, and Mindray Medical International Limited.
Reasons to access Middle East and Africa Hematology Market report:
- Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), 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
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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