Hematology Diagnostics Market Expanding at a CAGR of 6.9% during 2023-2028

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According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Hematology Diagnostics Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Hematology Diagnostics Market Analysis and Size

The Global Hematology Diagnostics Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2023-28.

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Some of the major players operating in the Hematology Diagnostics Market are Abbott Laboratories, Mindray Medical International, Siemens Healthneers, BioSystems, BioRad Laboratories, Horiba, Symex Corporation, Nihon Kohden Corpration, Danaher Corporation, F. Hoffman-La-Roche Ltd.

Hematology Diagnostics Market Growth Driver:

The prevalence of blood disorders like hemophilia, thalassemia, and anemia is rising, significantly impacting the demand for hematology diagnostics. For example, every year, anemia is identified in about 29% of women and 38% of pregnant women, according to the National Institutes of Health (NIH). Thus, the increasing prevalence of blood-related disorders around the globe is driving their adoption worldwide. Early diagnosis can reduce mortality rates by preventing the disorder's long-term negative impacts.

In addition, hematologic tests can also reliably diagnose blood glucose diseases like diabetes, hypotension, and hypoglycemia. Backed by these aspects, the adoption of such tests is burgeoning in nations with high diabetes prevalence, thereby propelling market growth in the long run.

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Market Segment and Geographical Analysis

By Product Type

  • Hematology Instruments
  • Hematology Analyzer
  • Fully-automated hematology analyzer
  • Semi-automated hematology analyzer
  • Flow cytometers
  • Others

By End User

  • Hospitals and Clinics
  • Diagnostic Laboratories
  • Academic Institute
  • Commercial Service Providers
  • Others

By Consumables

  • Reagents
  • Stains
  • Controls and Calibrations
  • Others

By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

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