The global hematology testing market is expected to grow at a CAGR of approximately 5% during the period 2019−2025.
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Hematology Testing Market – Segmentation
Hematology Testing Market by Products
Hematology Testing Market by Tests
Hematology Testing Market by End-user
Hematology Testing Market – Dynamics
In recent years, the role of the laboratory in disease diagnosis and management has expanded, causing an overwhelming rise in testing demands. This is even applicable to hematology testing as the market is witnessing many novel innovations and technological breakthroughs in recent years. Further, to meet the increasing needs of hematology testing, analyzers and related consumables should not only deliver more clinical data than ever before but should also be easier to operate, alleviating overburdened cumbersome tasks of lab technicians. Vendors are responding to the unmet needs in hematology testing with technological evolutions in the areas of new product commercialization, clinic workflow, analytical advancements, and clinical information management. Globally, due to fast-moving product development, both niche manufacturers and large multinational companies introduced hematology analyzers and related consumables to provide unique solutions to evolving customer needs.
Key Drivers and Trends fueling Market Growth:
Hematology Testing Market – Geography
North America is expected to retain its dominance by 2025. In 2019, the region accounted for a share of 35% in the global hematology testing market owing to the increasing rate of patients suffering from blood disorders such as sickle cell anemia, thalassemia, anemia, leukemia, among others. The high acceptance of innovative and advanced hematology instruments and the availability of skilled laboratory professionals to operate and handle the highly automated advanced hematology devices in the market have collectively supported North America’s lead in the global market.
Hematology Testing Market by Geography
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