Hematology describes a branch of medicine, which deals with the diagnosis, treatment and prevention of diseases associated with blood, immunology, vascular systems, bone marrow, and hemostasis. Hematological tests can identify various blood related diseases, leukemia, anemia, blood cancers, autoimmune disorders and others. Hematology constitutes many in vitrodiagnostic techniques such as hemostasis, molecular diagnostics, histology, blood analysis, flow cytometry, which helps to measure various parameters in blood with a higher precision at comparatively lower cost. The market is predicted to show a great potential owing to increasing usage of hematology analyzers and reagents and increasing blood donation campaigns both in developed and developing countries.
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Major factors such as increasing prevalence of blood related disorders, rising use of automated hematology instruments by diagnostics laboratories, Rising R&D expenditure, advancement in technologies, increasing use of flow cytometry in hematology testing are fuelling the growth of the global hematology market. Slow adoption of the advanced hematology analyzers/instruments in the emerging countries, recall of hematology products, and high cost are restricting the growth of the global hematology market.
Hematology Market Forecast Report (2018-2023)
The Hematology Market was worth $ xxx Billion in 2018 and estimated to reach $ xxx Million by the end of 2023 with a growing potential of xxx %.
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Hematology Market Segmentation
Based on Products, the market is segmented into Hematology Analyzers, Hematology Reagents, Flow Cytometers, Hematology cell counters, Slide Stainers, Coagulation Analyzers, Hematology Testing, Centrifuges, Hemoglobinometers and others. Hematology Analyzers are further segmented into Automated and semi automated analyzers. Hematology reagents are further segmented into products and consumables. Based on Application, the market is segmented into Infectious diseases, Cancer, Cardiovascular disorders, Blood Screening, Diabetes, HIV, Auto immune diseases and others. Based on end users, the market is segmented into Hospitals, Clinics, Diagnostic laboratories, Research and Development centers, and others. Based on Geography, the Hematology market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
North America dominates the global hematology market due to availability of a large number of diagnostic centers. Increasing R&D expenditure is also propelling the growth of the North America hematology market. Asia is predicted to witness highest growth rate due to improving healthcare infrastructure and expenditure.
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Major Players:
The major companies dominating this market for its products and services 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
- Mindray Medical International Limited.
Key Developments in the Market
- November 2017 – Sysmex Acquired CLIA Waiver for New Automated Hematology Analyzer, the First Automated Hematology Analyzer to Receive Such Approval.
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