Global Hemoglobin A1c (HbA1c) Testing Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The hemoglobin A1c (HbA1c) testing market size has rapidly expanded, projected to grow from $1.66 billion in 2023 to $1.83 billion in 2024, with a compound annual growth rate (CAGR) of 10.4%. This growth during the historic period can be attributed to the rising prevalence of diabetes, increasing awareness and screening initiatives, government healthcare policies, the development of healthcare infrastructure, a growing aging population, enhanced diagnostic accuracy, and the adoption of point-of-care testing. The market is expected to reach $2.74 billion in 2028 at a CAGR of 10.6%. Factors contributing to this forecasted growth include the rising prevalence of lifestyle diseases, a focus on preventive healthcare, market expansion in emerging economies, increased personalized medicine, regulatory support, and advancements in telemedicine and remote monitoring. Key trends will encompass technological advancements, integration with digital health platforms, non-invasive testing innovations, and the growth of telehealth services.
The increasing prevalence of diabetes is expected to fuel the growth of the hemoglobin A1c (HbA1c) testing market. Diabetes is a chronic condition where the body struggles to properly regulate blood glucose levels due to inadequate insulin production or insulin resistance. The rising cases of diabetes are largely due to unhealthy diets, particularly high consumption of processed foods and sugary beverages, combined with sedentary lifestyles that involve minimal physical activity. Additionally, the aging population and family history of diabetes contribute to the heightened risk. HbA1c testing is crucial for monitoring long-term blood glucose control in individuals with diabetes by measuring average blood sugar levels over the past 2–3 months. For instance, data published by The Lancet in June 2023 projects that global diabetes cases will increase from 529 million in 2021 to 1.3 billion by 2050. Thus, the rising prevalence of diabetes is expected to significantly drive the growth of the hemoglobin A1c (HbA1c) testing market.
Get A Free Sample On The Hemoglobin A1c (HbA1c) Testing Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18632&type=smp
What Are The Key Trends That Influence Hemoglobin A1c (HbA1c) Testing Market Share Analysis?
Major companies in the hemoglobin A1c (HbA1c) testing market are concentrating on developing automated HbA1c analyzers, including high-performance liquid chromatography (HPLC) technology-based solutions, to enhance accuracy and efficiency in diabetes diagnosis and monitoring. HPLC technology-based solutions in HbA1c testing involve advanced methods for precisely measuring hemoglobin variants in blood to monitor long-term glucose control in diabetic patients. For example, in June 2021, Trivitron Healthcare Private Limited, an India-based healthcare and medical technology company, introduced the NANO H5 and NANO H110 analyzers. The NANO H5 is a compact, automated HPLC analyzer that provides quantitative determination of glycated hemoglobin (HbA1c) in human whole blood with a processing time of 130 seconds, facilitating rapid laboratory turnaround and the ability to process up to five samples simultaneously. The NANO H110 is another compact, automated HPLC analyzer featuring dual test modes for both HbA1c and Hb Variant detection, including advanced features like a barcode scanner and cap piercing, with a high sample loading capacity of 110 samples, making it suitable for medium- to large-sized laboratories.
Which Market Players Are Driving Growth In The Hemoglobin A1c (HbA1c) Testing Market?
Major companies operating in the hemoglobin A1c (HbA1c) testing market are Roche Holding AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers, Tosoh Corporation, Hitachi High-Technologies Corporation, Beckman Coulter Inc, Sysmex Corporation, Bio Rad Laboratories Inc, ARKRAY Inc, Randox Laboratories Ltd, Ortho Clinical Diagnostics, Agappe Diagnostics Ltd, SEKISUI Diagnostics LLC, Helena Laboratories, Transasia Bio Medicals Ltd, EKF Diagnostics, Trinity Biotech plc, HemoCue AB, CPC Diagnostics Pvt Ltd, PTS Diagnostics, Menarini Diagnostics srl, Diazyme Laboratories Inc, Osang HealthCare Co Ltd, Eurolyser Diagnostica GmbH, DiaSys Diagnostic Systems GmbH
How Is The Global Hemoglobin A1c (HbA1c) Testing Market Segmented?
The hemoglobin A1c (HbA1c) testing market covered in this report is segmented –
1) By Type: Laboratory Based Testing, Point Of Care (PoC) Testing
2) By Product Type: Instruments, Reagents, Kits
3) By Technology: Immunoassays, Chromatography, Enzymatic Assays, Boronate Affinity Chromatography, High Performance Liquid Chromatography, Other Technologies
4) By End User: Hospitals And Clinics, Diagnostic Laboratories, Homecare Settings, Other End Users
Read The Full Hemoglobin A1c (HbA1c) Testing Market Report Here
https://www.thebusinessresearchcompany.com/report/hemoglobin-a1c-hba1c-testing-global-market-report
The Hemoglobin A1c (HbA1c) Testing Global Market Report 2024 provides an overview of the hemoglobin a1c (hba1c) testingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hemoglobin a1c (hba1c) testing market forecast analyzes hemoglobin a1c (hba1c) testing market size, hemoglobin a1c (hba1c) testing market share, leading competitor and their market positions.
The Table Of Content For The Hemoglobin A1c (HbA1c) Testing Market Include
1. Hemoglobin A1c (HbA1c) Testing Market Executive Summary
2. Hemoglobin A1c (HbA1c) Testing Market Segments
3. Hemoglobin A1c (HbA1c) Testing Market Size And Template Market Growth Rate
4. Key Hemoglobin A1c (HbA1c) Testing Market Trends
5. Major Hemoglobin A1c (HbA1c) Testing Market Drivers
……
25. Key Mergers And Acquisitions In The Hemoglobin A1c (HbA1c) Testing Market
26. Top Hemoglobin A1c (HbA1c) Testing Companies
27. Hemoglobin A1c (HbA1c) Testing Market Opportunities And Strategies
28. Hemoglobin A1c (HbA1c) Testing Market, Conclusions And Recommendations
29. Appendix
Explore Similar Reports From The Business Research Company:
GMO Testing Market 2024
https://www.thebusinessresearchcompany.com/report/gmo-testing-global-market-report
Global Home Health Care And Residential Nursing Care Services Opportunities And Strategies Global Market Report 2024
Enteric Disease Testing Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/enteric-disease-testing-global-market-report
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model