Overview and Scope
Hematology analyzers provide complete blood count (CBC) with a three-part differential white blood cell (WBC) count and can detect small cell populations to diagnose rare blood conditions, measure cell morphology.
Sizing and Forecast
The hematology analyzers and reagents market size has grown strongly in recent years. It will grow from $4.56 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increasing prevalence of chronic diseases, aging population, increased disease burden, rising prevalence of infectious diseases.
The hematology analyzers and reagents market size is expected to see strongly grown in the next few years. It will grow to $6.12 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to global health concerns, growing investment in hematology analyzer and reagent infrastructure, personalized medicine, expansion of remote monitoring. Major trends in the forecast period include advancements in technology, high-sensitivity testing, molecular hematology testing, automation and integration, point-of-care testing (poct), data analytics and artificial intelligence, digital hematology.
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Segmentation & Regional Insights
The hematology analyzers and reagents market covered in this report is segmented –
1) By Product: Hematology Analysers, Hemostasis Analysers, Plasma Protein Analysers, Hemoglobin Analysers, Erythrocyte Sedimentation Rate Analyser, Coagulation Analyser, Flow Cytometers, Slide Stainers, Differential Counters, Hematology Stains
2) By Applications: Anemias, Blood Cancers, Hemorrhagic Conditions, Infection Related Conditions, Immune System Related Conditions, Other Applications
3) By End User: Specialized Research Institutes, Hospitals, Specialized Diagnostic Centers, Other End Users
North America was the largest region in the hematology analyzers and reagents market in 2023. Western Europe was the second-largest region in the hematology analyzers and reagents market report. The regions covered in the hematology analyzers and reagents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The rising number of blood donations globally is driving the hematology analyzers and reagents market as hematology analyzers are used to test and screen blood in blood banks. Blood collected from donors through blood donation camps or bloodmobiles is sent to blood banks where hematology analyzers are used to screen and test the blood. These screening tests determine the blood type, analyze the blood plasma and detect infectious diseases. Blood banks are witnessing a huge outflow of blood to hospitals and other end-users and an inflow of blood from blood donations daily. According to the WHO, there was an increase of 7.8 million blood donations from voluntary unpaid donors. As the number of people donating blood increases, the demand for hematology analyzers and reagents increases, thereby driving the hematology analyzers and reagents market growth.
Key Industry Players
Major companies operating in the hematology analyzers and reagents market include Abbott Laboratories, Bio-Rad Laboratories, Horiba Ltd., Siemens AG, Sysmex Corporation, BioSystems Diagnostics Pvt. Ltd., Boule Diagnostics, Danaher Corporation, Diatron MI PLC, Drew Scientific, EKF Diagnostics, Mindray, Nihon Kohden, Ortho Clinical Diagnostics, Roche, Beckman Coulter, Bayer AG, Cholestech, Heska, Drucker, Instrumentation Laboratory, Abaxis Inc., Accriva Diagnostics, ACON, Diamond Diagnostics, ERBA Diagnostics, Hycel, Maccura Biotechnology Co. Ltd., Genrui Biotech Inc., A&T Corporation, Beijing Succeeder Technology Inc., Diagnostica Stago SAS
The hematology analyzers and reagents market report table of contents includes:
1. Executive Summary
2. Hematology Analyzers And Reagents Market Characteristics
3. Hematology Analyzers And Reagents Market Trends And Strategies
4. Hematology Analyzers And Reagents Market – Macro Economic Scenario
5. Global Hematology Analyzers And Reagents Market Size and Growth
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31. Global Hematology Analyzers And Reagents Market Competitive Benchmarking
32. Global Hematology Analyzers And Reagents Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hematology Analyzers And Reagents Market
34. Hematology Analyzers And Reagents Market Future Outlook and Potential Analysis
35. Appendix
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