Press release

Hematology Market: Growth Trends and Projections 2024-2031

Hematology Market: Growth Trends and Projections 2024-2031

 

 
Market Size
Hematology Market size was valued at USD 15.2 billion in 2022 and is estimated to reach USD 26.3 billion by 2031 and compound annual growth rate (CAGR) of 7.2% over the forecast period 2024-2031.

Hematology is a medical specialty that focuses on the diagnosis, treatment, and prevention of diseases related to blood, blood-forming organs, and blood diseases such as blood cancer, anemia, hemophilia, and blood clots. Hematological tests involve in vitro diagnostic techniques like hemostasis, molecular diagnostics, histology, blood analysis, and flow cytometry, which aid in identifying various blood-related diseases at a lower cost.

Hematology encompasses issues with red blood cells, white blood cells, platelets, and organs nourished by blood cells, including the lymph nodes, spleen, thymus, and lymphoid tissue. Hematology specialists utilize hematology instruments to test and determine plasma drug levels for both therapeutic and illicit drugs.

For More Insights Request Free Sample: https://www.datamintelligence.com/download-sample/hematology-market

Hematology Market Trends
Advancements in technology related to hematological analyzers are anticipated to propel market growth in the forecast period.

Anemia and iron deficiency are the most prevalent nutritional issues globally, affecting billions of individuals in both developed and developing countries. Various markers, including red blood cell (RBC) count, hematocrit, and total hemoglobin, are often used to diagnose anemia. Current hematology analyzers also measure erythrocyte characteristics such as mean corpuscular volume (MCV), mean corpuscular hemoglobin (MCH), and others.

However, most commercially available analyzers have several limitations. They are costly, require substantial bench space, and are heavy enough to restrict their use to a specific lab. This results in delayed results, making them less practical as point-of-care instruments for rapid clinical evaluation. Consequently, there is a demand for a portable and affordable hematological analyzer that can be used immediately. A technique known as cell tracking velocimetry (CTV) is used to quantify numerous hematological parameters from fresh human blood drawn from healthy donors and patients with sickle cell disease.

Furthermore, this system uses a combination of magnets and microfluidics to track the movement of thousands of red cells in a short time, based on the paramagnetic behavior of RBCs containing deoxyhemoglobin or methemoglobin when suspended in water after applying a magnetic field. This allows for the measurement of not only traditional RBC indices but also unique metrics that are only available for analyzers that examine erythrocytes on a cell-by-cell basis.

In addition, the use of CTV as a hematology analyzer can measure MCV, MCH, mean corpuscular hemoglobin concentration (MCHC), red cell distribution width (RDW), the percentage of hypochromic cells (an indicator of insufficient marrow iron supply reflecting recent iron reduction), and the correlation coefficients between these metrics. Therefore, CTV is a promising technology for blood testing at the point of care or in low-resource areas. Hence, these factors are expected to drive the market growth in the forecast period.

View full Report: https://www.datamintelligence.com/research-report/hematology-market

Market Segmentation

By Product Type
Hematology Analyzers
Flow Cytometers
Coagulation Analyzers
Slide Stainers
Centrifuges
Hemoglobinometers
Others

By Reagent Type
Coagulation Reagents
Flow Cytometery Reagents
Immuno-hematology Reagents
Others

By Application
Drug Testing
Auto-immune Diseases
Cancer
Diabetes Mellitus
Infectious Diseases
Others

By End user
Hospitals
Clinical Testing Institutes
Patient Self-testing
Diagnostic Centers
Others

Market Key Players
Major players are Abbott Laboratories, Sysmex Corporation, Danaher Corporation, Siemens Healthcare, Sigma Aldrich Corporation, Drucker Diagnostics, Bio-Rad Laboratories, Roche Diagnostics, Mindray Medical International Ltd, Horiba Ltd.

Trending Reports

Hemodynamic Monitoring Systems Market - https://www.datamintelligence.com/research-report/hemodynamic-monitoring-systems-market

Hemodialysis Bloodline Systems Market - https://www.datamintelligence.com/research-report/hemodialysis-bloodline-systems-market

Hematology Analyzers and Reagents Market - https://www.datamintelligence.com/research-report/hematology-analyzers-and-reagents-market

Haemodialysis Equipment Market - https://www.datamintelligence.com/research-report/haemodialysis-equipment-market

Contact Us:
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...