![]() ![]() ![]() Therefore, the rising prevalence of chronic disorders such as anemia and diabetes will drive the hemoglobin a1c testing devices market. Hemoglobin A1c tests (HbA1c) are used to monitor glucose levels in diabetic patients and are recommended by the American Diabetes Association as a viable option for fasting blood glucose for diabetes diagnosis.For instance, in November 2022, according to the US Census Bureau, a US-based department of the Federal Statistical System, more than 34 million Americans have diabetes, with an additional 88 million at risk.Īdditionally, in December 2021, according to the IDF Diabetes Atlas 10th edition published by the International Diabetes Federation, a Belgium-based global diabetes community, diabetes afflicted 536,000 individuals in 2021, and by 2030, it is predicted to climb to 642,800.By 2045, it will reach 783,700 individuals globally. It uses various technologies such as chromatography, immunoassay, spectrophotometry, and others, and is utilized in various applications such as hospitals, clinics, laboratories, home care settings, blood banks, and others.Ī rising prevalence of chronic disorders such as diabetes is expected to propel the growth of hemoglobin testing.Diabetes is a chronic condition that arises when the pancreas does not create enough insulin or when the body does not utilize the insulin that is produced adequately. The main types of products in hemoglobin testing are reagents and consumables and equipment.The reagents and consumables segment in the hemoglobin testing market refers to the various chemical reagents and consumable products that are used in the process of hemoglobin testing. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Hemoglobin is a protein present in red blood cells that transports oxygen from the lungs to the tissues and organs of the body.Īsia-Pacific and North America were the largest region in the hemoglobin testing market in 2022.Asia-Pacific is expected to be the fastest-growing region in the forecast period. Hemoglobin testing is a medical procedure that measures the amount of hemoglobin in the blood. Only goods and services traded between entities or sold to end consumers are included. The hemoglobin testing market consists of revenues earned by entities by providing services such as hemoglobin-cyanide, vanzetti’s azide methemoglobin, reagent-less, non-invasive methods, and hemoglobin electrophoresis.The market value includes the value of related goods sold by the service provider or included within the service offering. The hemoglobin testing market is expected to reach $3.36 billion in 2027 at a CAGR of 7.26%. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The global hemoglobin testing market is expected to grow from $2.39 billion in 2022 to $2.54 billion in 2023 at a compound annual growth rate (CAGR) of 6.49%. ![]() Ltd., Immunostics Inc., LifeSign LLC, Medix Biochemica Oy AB, NanoenTek Inc., Nova Biomedical Corp, Quidel Corporation, and TCS Biosciences Ltd. , ACON Laboratories Inc., DiaSys Diagnostic Systems GmbH, EKF Diagnostics Holdings PLC, Epinex Diagnostics Inc., Erba Diagnostics Inc., Alere Inc., ARKRAY Inc., Beckman Coulter Diagnostics Ltd., Diazyme Laboratories Inc., Masimo Corp., Radiometer A/S, Sysmex Corporation, BIOMEDOMICS INC., Germaine Laboratories Inc., Hemosure Inc., Humasis Co. New York, J(GLOBE NEWSWIRE) - announces the release of the report "Hemoglobin Testing Global Market Report 2023". Hoffmann-La Roche AG, Bio-Rad Laboratories Inc., Daiichi Sankyo Inc. Major players in the hemoglobin testing market are Abbott Laboratories Inc., Bayer Medical Care Inc., Danaher Corp., Thermo Fisher Scientific Inc., F. ![]()
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