Tuesday, May 26, 2020

Global Haematology Testing System Market on a Steady Growth Trail; PMR Provides Projections in Light of COVID-19 Pandemic in its New Revised Report

COVID-19 pandemic has turned out to be a major growth determinant in the industrial automation sector. With the integration of digital infrastructure to monitor and control public health, industrial automation has taken a new shape. This crisis has enhanced the value of IT and digital transformation across different sectors and industries.

The medical devices industry in the past decade has witnessed unprecedented growth owing to improved and innovative technologies and the development of state-of-the-art infrastructural facilities. Technologies such as 3D printing offer market players a plethora of growth opportunities in the field of personalized medicine. Faster regulatory approvals and consistent R&D activities have had a positive impact on the medical devices as well as pharmaceutical industry. 

Hematology is a central part of in-vitro diagnostics, it is applicable for both critical and routine testing. Haematology testing systems fundamentally differ from each other in sample throughput rate as well as in total number of blood samples analysed & measured. Haematology testing system is used to carry out common blood tests such as blood chemistry tests, complete blood count (CBC), blood enzyme tests and other tests. Newly manufactured haematology testing systems streamlines workflow by eliminating the majority of manual steps commonly performed to maximize productivity.

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For e.g. new systems are well acquainted with top advantages such as, it integrates haematology workflow, from high-throughput complete blood count (CBC) analysis to automated slide making and staining, it segregates microcytic anemias with advanced technology, capitalize on the effectiveness of costly platelet transfusions with exact results the very first time even at very low platelet levels, provides standard flow cytometry peroxidase procedure for optimum results and other top features for accurate results within no time. Utilization of practical automation in haematology testing systems, high volume research facilities and laboratories are accomplishing ideal patient administration, streamlined work process and more noteworthy profitability, without vast track-based frameworks, costly stains or reflex testing.

Haematology Testing System Market: Drivers and Restraint

Newly manufactured haematology testing systems have become complex and high-tech along with user-friendly and easy in operation, driving the global market. These more up to date haematology systems, which are totally computerized, can process numerous more test samples every hour. New advances, especially in the region of mechanization, have upgraded both security and blood accessibility. As of late, numerous manufacturers have acquainted a few cutting edge systems in replacement with first-, second-, and even third-generation haematology systems. Laboratories select haematology testing system and reagents on basis of patient population, reliability, service, precision, accuracy budgetary constraints, current and anticipated scope of laboratory services, etc. Automation of new devices, adoption of haematology systems in high volume laboratories by Sysmex & Abbott and blood sample testing required for large number of blood-related disorders in developing nations coupled with rising diagnostic test procedures is also a major driver in haematology testing system market. One of the restraint in haematology testing system market is high cost and low adoption of advanced and automated haematology testing system and reagents in emerging and under developed countries. While other restraints include product recall and fierce competition amongst the manufacturers posing pressure for cost reduction in the U.S. and Europe region.

Haematology Testing System Market: Segmentation

The global haematology testing system market is classified on the basis of product type, distribution channel and geography.

Based on product type, the global haematology testing system market is segmented into the following:

By Product Type

  • Standalone Devices
  • Bench-top Devices

Based on end users, the global haematology testing system market is segmented into the following:

By End User

  • Hospitals
  • Clinics
  • Specialized Diagnostic Centers
  • Research Institutes
  • Others

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Haematology testing system Market: Overview

Expansion of precise, flexible and user-friendly technologies that are cost-effective has been a trend in haematology testing system market. Advancement in research has led to more professional demands and capabilities in units of testing. Speed-to-market and competitive cost have been one of the primary drivers in the development of Haematology testing system and reagents market.

Haematology testing system Market: Regional Overview

The haematology testing system market is classified on basis of regions into, North America, Latin America, Europe, Asia Pacific and MEA. North America is the largest market for haematology testing system due to easy adoption of highly advanced laboratory analyzers. While haematology testing systems market has seen a steady increase and has potential to prosper in countries like Japan, China, India, etc. Development in healthcare facilities, increasing prevalence in blood and blood related disorders such as cancer, growing health awareness among population, increase in number of highly advanced diagnostic clinics and many such factors contribute to increase in Haematology testing system market in emerging nations.

Haematology testing system Market: Key Players

Some of the key players in haematology testing system market include Abbott, Siemens AG, Beckman Coulter Inc., HORIBA, Ltd, Sysmex Corporation, Abaxis, Hoffmann-La Roche Ltd and others.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, U.K, Spain, France, Russia, Poland, Nordic countries, BENELUX)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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