Report Code: A15373 | Pages: NA | Mar 2023 | 742 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Hemostasis Diagnostics Market
Request Now !Hemostasis diagnostics devices assist in the detection of hemostatic abnormalities that result in excessive bleeding. During hemostasis, blood turns from liquid to a gelatinous form. Hemostasis is a protective process used by the body after an injury to reduce blood loss and stop blood flow. This is followed by three more steps: Vasoconstriction, platelet plug creation, and blood coagulation. Hemostasis aids in the diagnosis and treatment by assisting in determining of the underlying cause of various conditions. The concept of automation has been extended to hemostasis diagnostics, which is less labor demanding, faster, and simpler to use. Examples of current technologies are automated blood coagulation analyzers, flow cytometers, microarrays, and PCRs.
COVID-19 Impact Analysis
During the early phase of the COVID-19 pandemic, there was no availability of specific diagnostic tests to detect the virus in patients. Alternative diagnostic tests were used initially that were not very effective. This unavailability of the specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global markets. These players achieved an edge over other diagnostics players capitalizing on the opportunity from the demand for COVID-19 diagnostic tests, which, in turn, helps them in maintaining their revenues in such a crisis. Owing to such factors, COVID-19 is expected to have a significant impact on the hemostasis diagnostics market.
Top Impacting Factors
Market Trends
New Product Launches to Flourish Hemostasis Diagnostics Market
In April 2020, Hemonetics announced the acquisition of next-generation whole blood coagulation testing system developer Enicor for an undisclosed amount. Munich, Germany-based Enicor develops the ClotPro system designed for viscoelastic diagnostics touted to offer more assays than any other hemostasis analyzer on the market. As per Haemonetics, ClotPro is set to be coupled with its TEG 5000 hemostasis analyzer and TEG 6s hemostasis analyzer with site-of-care technology.
In July 2020, Sysmex Corporation launched new products in the hemostasis field: the Automated Blood Coagulation Analyzers CN-6500/CN-3500.
Coagulation diseases affect the body's ability to clot blood. These disorders have the potential to cause bleeding or thrombosis. A multitude of causes can contribute to coagulatory disorders. These disorders can be acquired or developed.
Some of the most prevalent coagulation diseases that can cause bleeding are platelet dysfunction, von Willebrand disease, and hemophilia. In addition, disseminated intravascular coagulation, vitamin K insufficiency, and other clotting factor abnormalities are causes of coagulation disorders that can result in bleeding. These factors are expected to benefit the global hemostasis diagnostics market during the forecast period. According to the National Hemophilia Foundation, hemophilia A is four times more frequent than hemophilia B. Hemophilia affects around 20,000 persons in the U.S.
Key Benefits of Report
Questions Answered in Hemostasis Diagnostics Market Report
Hemostasis Diagnostics Market Report Highlights
Aspects | Details |
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By Product Type |
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By Test Type |
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By End User |
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Key Market Players | Abbott Laboratories, F. Hoffmann-La Roche Ltd., Nihon Kohden Corporation, Thermo Fisher Scientific Inc., Danaher Corporation, Sysmex Corporation, Siemens Healthineers, Alere Inc., Instrumentation Laboratory, Grifols S.A |
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