Market Overview:
The global hemoglobin meter market is expected to grow at a CAGR of 5.5% 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 meters. The global hemoglobin meter market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into bench-top hemoglobin meters and portable hemoglobin meters.
Product Definition:
Hemoglobin meter is a device used to measure the amount of hemoglobin in a blood sample. Hemoglobin meter is important because it helps in diagnosing various diseases.
Bench-top:
Bench-top hematology devices are used for the collection, processing, and display of blood parameters. The factors that propel their growth include growing prevalence of anemia and thalassemia along with increasing demand for point-of-care testing (POC) in emerging economies such as China & India. Furthermore, rising geriatric population base which is more prone to chronic diseases also contributes towards market growth.
Portable:
Portable is a device that helps in measuring the oxygen level in human blood. It consists of two parts, namely the sensor and an analyzer. The sensor is used to measure the amount of light, which is then converted into digital form by the analyzer.
Application Insights:
The hospitals segment dominated the global market in 2017. This is attributed to factors such as increasing prevalence of hematological disorders and growing awareness about hemoglobin testing among hospital professionals. Furthermore, a rise in the number of surgeries that require blood transfusions is also expected to contribute toward revenue growth over the forecast period.
Hemoglobinometers are used for measuring hemoglobin levels in patients suffering from anemia or other conditions requiring blood tests. These devices can be used on-site or off-site, depending upon where the sample needs to be analyzed; however, off-site analysis requires a separate transport medium for each sample type due to its sensitivity and volume capacity constraints. The on-site method involves collection of venous blood samples by inserting a needle into an arm vein and then taking it directly into the device without any additional steps required for analyzing it off site at another laboratory facility using automated equipment with compatible software installed within it (iLab 8400/8500).
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing prevalence of chronic diseases. The U.S. is one of the most developed countries with respect to healthcare infrastructure and services along with being among the top five nations in terms of GDP per capita at purchasing power parity (GDPPC). These factors are expected to boost demand for hematology products over the forecast period.
Asia Pacific is anticipated to be one of fastest-growing regions during the forecast period due to rising disposable income coupled with improving economic conditions leading toward a higher standard of living which result in improved health outcomes leading toward better diagnosis.
Growth Factors:
- Increasing prevalence of anemia: The increasing prevalence of anemia is one of the key growth drivers for the hemoglobin meter market. According to a study by World Health Organization (WHO), around 30% of the world’s population suffers from anemia, which is expected to increase to 45% by 2030. This will create a high demand for hemoglobin meters and drive the market growth during the forecast period.
- Rising awareness about early diagnosis and treatment: There is a growing awareness among people about early diagnosis and treatment of diseases, which is driving the demand for diagnostic devices such as hemoglobin meters. This will help in propelling market growth during the forecast period.
- Technological advancements: The technological advancements in hemoglobin meters are helping in expanding their applications across various end-use industries such as hospitals, clinics, research laboratories, etc., thereby fueling market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemoglobin Meter Market Research Report
By Type
Bench-top, Portable
By Application
Hospitals, Labs, Other
By Companies
Abbott, Siemens, Roche, Trinity Biotech, GREEN CROSS MEDIS, EKF Diagnostics, OSANG Healthcare, HUMAN Diagnostics, Erba Diagnostics, PTS Diagnostics, Liteon Technology, DiaSys Diagnostic, Convergent Technologies
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Hemoglobin Meter Market Report Segments:
The global Hemoglobin Meter market is segmented on the basis of:
Types
Bench-top, Portable
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, Labs, Other
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
- Siemens
- Roche
- Trinity Biotech
- GREEN CROSS MEDIS
- EKF Diagnostics
- OSANG Healthcare
- HUMAN Diagnostics
- Erba Diagnostics
- PTS Diagnostics
- Liteon Technology
- DiaSys Diagnostic
- Convergent Technologies
Highlights of The Hemoglobin Meter 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:
- Bench-top
- Portable
- By Application:
- Hospitals
- Labs
- Other
- 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 Meter 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?
A hemoglobin meter is a medical device used to measure the amount of hemoglobin in a blood sample. Hemoglobin meters are often used to diagnose and monitor conditions that affect the blood, such as anemia or sickle cell disease.
Some of the major companies in the hemoglobin meter market are Abbott, Siemens, Roche, Trinity Biotech, GREEN CROSS MEDIS, EKF Diagnostics, OSANG Healthcare, HUMAN Diagnostics, Erba Diagnostics, PTS Diagnostics, Liteon Technology, DiaSys Diagnostic, Convergent Technologies.
The hemoglobin meter market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hemoglobin Meter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hemoglobin Meter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hemoglobin Meter Market - Supply Chain
4.5. Global Hemoglobin Meter Market Forecast
4.5.1. Hemoglobin Meter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hemoglobin Meter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hemoglobin Meter Market Absolute $ Opportunity
5. Global Hemoglobin Meter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hemoglobin Meter Market Size and Volume Forecast by Type
5.3.1. Bench-top
5.3.2. Portable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hemoglobin Meter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hemoglobin Meter Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Labs
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hemoglobin Meter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hemoglobin Meter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hemoglobin Meter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hemoglobin Meter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hemoglobin Meter Demand Share Forecast, 2019-2026
9. North America Hemoglobin Meter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hemoglobin Meter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hemoglobin Meter Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Labs
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hemoglobin Meter Market Size and Volume Forecast by Type
9.7.1. Bench-top
9.7.2. Portable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hemoglobin Meter Demand Share Forecast, 2019-2026
10. Latin America Hemoglobin Meter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hemoglobin Meter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hemoglobin Meter Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Labs
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hemoglobin Meter Market Size and Volume Forecast by Type
10.7.1. Bench-top
10.7.2. Portable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hemoglobin Meter Demand Share Forecast, 2019-2026
11. Europe Hemoglobin Meter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hemoglobin Meter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hemoglobin Meter Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Labs
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hemoglobin Meter Market Size and Volume Forecast by Type
11.7.1. Bench-top
11.7.2. Portable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hemoglobin Meter Demand Share, 2019-2026
12. Asia Pacific Hemoglobin Meter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hemoglobin Meter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hemoglobin Meter Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Labs
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hemoglobin Meter Market Size and Volume Forecast by Type
12.7.1. Bench-top
12.7.2. Portable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hemoglobin Meter Demand Share, 2019-2026
13. Middle East & Africa Hemoglobin Meter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hemoglobin Meter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hemoglobin Meter Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Labs
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hemoglobin Meter Market Size and Volume Forecast by Type
13.7.1. Bench-top
13.7.2. Portable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hemoglobin Meter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hemoglobin Meter Market: Market Share Analysis
14.2. Hemoglobin Meter Distributors and Customers
14.3. Hemoglobin Meter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Roche
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trinity Biotech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GREEN CROSS MEDIS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EKF Diagnostics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OSANG Healthcare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HUMAN Diagnostics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Erba Diagnostics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PTS Diagnostics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Liteon Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DiaSys Diagnostic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Convergent Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
