Global Point-of-Care Coagulation Testing Market 2018-2022
About Point-of-Care Coagulation Testing
POC coagulation testing involves the use of devices and instruments for monitoring coagulation at hospitals, clinics, or at patient homes. Measurements of coagulation are important to diagnose blood clotting disorders.
Technavio’s analysts forecast the global point-of-care coagulation testing market to grow at a CAGR of 6.11% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global point-of-care coagulation testing market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Point-of-Care Coagulation Testing Market 2018-2022
Technavio recognizes the following companies as the key players in the global point-of-care coagulation testing market: Abbott, Danaher, F. Hoffmann-La Roche, Medtronic, Siemens, and Sysmex.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing focus toward personalized medicine. The development of whole genome technology, growing number of retail clinics, and companion diagnostics are resulting in an increased demand for personalized medicine. The growing focus on the development of personalized medicines is identified as one of the key trends that will gain traction in the point-of-care coagulation testing market.”
According to the report, one driver in the market is growing geriatric population. Globally, the aging population is gradually increasing. In 2015, people above 65 years represented approximately 7%-8% of the global population. During the forecast period, the aging population is estimated to grow by 50%-55%.
Further, the report states that one challenge in the market is lack of trained professionals. Effective translation of diagnostics from research to applications presents challenges. For instance, partial pressure of oxygen and carbon dioxide in blood requires extensive optimization before results can be interpreted correctly.
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