Market Overview:
The global hemoglobin testing devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of anemia, rising awareness about early diagnosis and treatment of anemia, and technological advancements in hemoglobin testing devices. Based on type, the global hemoglobin testing devices market can be segmented into equipment and consumables. The equipment segment is further sub-segmented into handheld meters, desktop meters, analyzers/laboratories instruments, and others. The consumables segment is further sub-segmented into test strips, lancets/needles, control solutions/calibrators, collection tubes & cups blood gas syringes), Others). Based on application type Hemoglobin Testing Devices Market can be classified as hospitals clinics laboratories home care settings blood banks others) .Geographically ,the global hemo globin testing device smarket has been divided into North America Latin America Europe Asia Pacific Middle East & Africa) .Some of the key players operating in this market are Abbott Laboratories (US), Roche Diagnostics (Switzerland), Siemens Healthcare Diagnostics Inc.(US), Beckman Coulter Inc.(US), Bio-Rad Laboratories Inc.(US).
Product Definition:
A hemoglobin testing device is a medical device used to measure the amount of hemoglobin in the blood. Hemoglobin is a protein molecule found in red blood cells that binds to oxygen and helps transport it throughout the body. A decrease in hemoglobin levels can indicate anemia, which can be caused by various factors such as iron deficiency, malnutrition, or chronic diseases. Hemoglobin testing devices are used to diagnose and monitor anemia and other conditions that may cause low hemoglobin levels.
Equipment:
Equipment is used for the collection of blood samples and its analysis to determine the level of hemoglobin in the blood. The equipment used includes hematology analyzers, centrifuges, tubes, reagent strips and other testing kits. Hemoglobin is an essential part of the red blood cells which carry oxygen from lungs to body tissues.
The growth factor affecting market segmentation has been done on the basis of technology type which includes manual & automated systems.
Consumables:
Consumables are the instruments or devices that are used by healthcare professionals to obtain and analyze the blood sample. It includes reagents, kits, controls & calibrators, hemoglobinometers (in-vitro), and other consumables like liquids & sera. The hematology testing market is segmented on the basis of consumables as well as services offered by various companies in different regions across globe.
Application Insights:
Based on the application, the global market is segmented into hospitals, clinics, laboratories, home care settings, blood banks and others. The hospitals segment dominated the overall industry in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of chronic diseases that require regular monitoring and hemoglobin testing for diagnostics purposes. In addition, an increase in hospital-based diagnostic centers has also positively influenced product demand over the forecast period.
The clinics segment is expected to witness significant growth over the forecast period owing to an increase in lifestyle disorders that require regular checkups and medical attention at a time convenient for patients. Moreover, increasing awareness about early detection of diseases coupled with rising disposable income levels will further propel industry growth during this period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to favorable reimbursement policies, high awareness levels about blood donations, and increasing prevalence of chronic diseases that require regular monitoring of hemoglobin level. The U.S., in particular, is one of the most lucrative markets for medical devices as it has a well-developed healthcare infrastructure and a large patient pool with high unmet needs pertaining to chronic diseases.
Asia Pacific is expected to register the fastest CAGR during the forecast period owing to factors such as improving healthcare facilities due to increased government spending on health care and rising incidence rates of various types 1 & 2 diabetes in this region that requires regular monitoring of hemoglobin level for proper treatment planning purposes.
Growth Factors:
- Increasing prevalence of anemia: The increasing prevalence of anemia is one of the key growth drivers for the hemoglobin testing devices market. According to a study by the World Health Organization (WHO), approximately 1.62 billion people were affected by anemia in 2013, and this number is estimated to reach 1.85 billion by 2030. This growing population base is expected to drive demand for hemoglobin testing devices in the coming years.
- Rising awareness about anemia: There is a growing awareness among people about anemia and its associated health risks. This has led to increased demand for diagnostic tests for diagnosing anemia, which in turn is driving growth of the hemoglobin testing devices market.
- Technological advancements: The hemoglobin testing devices market is witnessing rapid technological advancements, with manufacturers introducing new products that are more accurate and easier to use than traditional methods such as spectrophotometry or nephelometry . This trend is likely to continue in the coming years, propelling growth of the hemoglobin testing devices market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemoglobin Testing Devices Market Research Report
By Type
Equipment, Consumables
By Application
Hospitals, Clinics, Laboratories, Home Care Settings, Blood Banks, Others
By Companies
Abbott, ACON LABORATORIES, Bayer Medical Care, Biorad, Danaher, EKF Diagnostics, PTS Diagnostics, Roche Diagnostics, Siemens, Thermo Fisher Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Hemoglobin Testing Devices Market Report Segments:
The global Hemoglobin Testing Devices market is segmented on the basis of:
Types
Equipment, Consumables
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Laboratories, Home Care Settings, Blood Banks, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- ACON LABORATORIES
- Bayer Medical Care
- Biorad
- Danaher
- EKF Diagnostics
- PTS Diagnostics
- Roche Diagnostics
- Siemens
- Thermo Fisher Scientific
Highlights of The Hemoglobin Testing Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Equipment
- Consumables
- By Application:
- Hospitals
- Clinics
- Laboratories
- Home Care Settings
- Blood Banks
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hemoglobin Testing Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hemoglobin testing devices are used to measure the amount of hemoglobin in a blood sample. Hemoglobin is a protein that carries oxygen throughout the body.
Some of the key players operating in the hemoglobin testing devices market are Abbott, ACON LABORATORIES, Bayer Medical Care, Biorad, Danaher, EKF Diagnostics, PTS Diagnostics, Roche Diagnostics, Siemens, Thermo Fisher Scientific.
The hemoglobin testing devices market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemoglobin Testing Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hemoglobin Testing Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hemoglobin Testing Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hemoglobin Testing Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hemoglobin Testing Devices Market Size & Forecast, 2018-2028
4.5.1 Hemoglobin Testing Devices Market Size and Y-o-Y Growth
4.5.2 Hemoglobin Testing Devices Market Absolute $ Opportunity
Chapter 5 Global Hemoglobin Testing Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hemoglobin Testing Devices Market Size Forecast by Type
5.2.1 Equipment
5.2.2 Consumables
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hemoglobin Testing Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hemoglobin Testing Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Laboratories
6.2.4 Home Care Settings
6.2.5 Blood Banks
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hemoglobin Testing Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hemoglobin Testing Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hemoglobin Testing Devices Analysis and Forecast
9.1 Introduction
9.2 North America Hemoglobin Testing Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hemoglobin Testing Devices Market Size Forecast by Type
9.6.1 Equipment
9.6.2 Consumables
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hemoglobin Testing Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Laboratories
9.10.4 Home Care Settings
9.10.5 Blood Banks
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hemoglobin Testing Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Hemoglobin Testing Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hemoglobin Testing Devices Market Size Forecast by Type
10.6.1 Equipment
10.6.2 Consumables
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hemoglobin Testing Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Laboratories
10.10.4 Home Care Settings
10.10.5 Blood Banks
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hemoglobin Testing Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hemoglobin Testing Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hemoglobin Testing Devices Market Size Forecast by Type
11.6.1 Equipment
11.6.2 Consumables
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hemoglobin Testing Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Laboratories
11.10.4 Home Care Settings
11.10.5 Blood Banks
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hemoglobin Testing Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Hemoglobin Testing Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hemoglobin Testing Devices Market Size Forecast by Type
12.6.1 Equipment
12.6.2 Consumables
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hemoglobin Testing Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Laboratories
12.10.4 Home Care Settings
12.10.5 Blood Banks
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hemoglobin Testing Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hemoglobin Testing Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hemoglobin Testing Devices Market Size Forecast by Type
13.6.1 Equipment
13.6.2 Consumables
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hemoglobin Testing Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Laboratories
13.10.4 Home Care Settings
13.10.5 Blood Banks
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hemoglobin Testing Devices Market: Competitive Dashboard
14.2 Global Hemoglobin Testing Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 ACON LABORATORIES
14.3.3 Bayer Medical Care
14.3.4 Biorad
14.3.5 Danaher
14.3.6 EKF Diagnostics
14.3.7 PTS Diagnostics
14.3.8 Roche Diagnostics
14.3.9 Siemens
14.3.10 Thermo Fisher Scientific
