Discover trends, market shifts, and competitive outlooks for the coagulation markers industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Has The Coagulation Markers Market Size Shifted, And What Is the Outlook Through 2034?

The market for coagulation markers has seen robust expansion in previous years. The market, which was valued at $1.16 billion in 2024, is expected to reach $1.25 billion by 2025, showcasing a compound annual growth rate (CAGR) of 7.1%. Factors contributing to this growth during the historical period include a higher frequency of cardiovascular diseases, an increase in older populations, a surge in surgical operations, early detection and awareness, government policies and financial backing, and a growing healthcare framework.

Expectations are high for robust expansion in the coagulation markers market over the next few years, with predictions of growth to $1.63 billion by 2029. This equates to a compound annual growth rate (CAGR) of 6.9%. This expected growth during the forecast period is primarily due to factors such as the increased prevalence of chronic illnesses, the rising trend of personalized medicine, a growing worldwide population, escalating healthcare costs, and growth in up-and-coming markets. Noteworthy trends for the forecast period encompass the utilization of artificial intelligence and machine learning, discovery of new biomarkers, advanced point-of-care technologies, automating laboratory processes, wearable health tech, remote telehealth and monitoring, as well as sustainable diagnostic procedures.

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What are the Fundamental Drivers and Innovations Shaping the Coagulation Markers Market?

The increase in blood disorder incidents is anticipated to fuel the expansion of the coagulation markers market in the future. Blood disorders encompass a variety of conditions that hinder the normal functioning of the blood. The rising incidences of blood disorders can be attributed to older demographics, heightened awareness, and enhanced diagnostic abilities. Coagulation markers are instrumental in diagnosing and managing blood disorders, as they can evaluate clotting function, detect abnormalities, and monitor the efficacy of treatments for conditions like hemophilia and thrombosis. In May 2024, for example, the Leukaemia Foundation, an Australian-based non-profit organization, said that approximately 135,000 people in Australia are presently living with blood cancer or a blood disorder. It’s projected that this figure will rise to over 275,000 by 2035. Consequently, the escalating prevalence of blood disorders is propelling the growth of the coagulation marker market.

How Is the Coagulation Markers Market Segmented?

The coagulation markers market covered in this report is segmented –

1) By Product: D-Dimer Assay, Fibrinogen Assay

2) By Sample Type: Plasma, Whole Blood Sample, Other Sample Types

3) By Technology: Fluorescence Immunoassay, Enzyme-Linked Immuno Sorbent Assay (ELISA), Rapid Test, Particle Enhanced Immunoturbidimetric Assay

4) By Application: Deep Venous Thrombosis (DVT), Pulmonary Embolism (PE), Disseminated Intravascular Coagulation (DIC), Trauma, Other Applications

5) By End User: Hospital, Specialty Clinics, Academic And Research Institute, Diagnostics Laboratories

Subsegments:

1) By D-Dimer Assay: ELISA-Based D-Dimer Assay, Lateral Flow Immunoassay D-Dimer Test, Chemiluminescent Immunoassay D-Dimer Test

2) By Fibrinogen Assay: Clauss Fibrinogen Assay, Functional Fibrinogen Assay, Automated Fibrinogen Assay

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Which Regions Are Driving the Next Phase of the Coagulation Markers Market Growth?

North America was the largest region in the coagulation markers market in 2024. The regions covered in the coagulation markers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Current Market Growth and Trends in the Coagulation Markers Industry?

Top corporations in the coagulation markers industry are striving to create advanced tech-based solutions, such as D-dimer kits, to enhance the efficiency and precision of diagnosing conditions associated with blood clots. D-dimer kits are diagnostic devices that gauge the amount of D-dimer, a protein fragment produced when a blood clot dissolves. This assists in the detection and evaluation of clot-related issues like deep vein thrombosis and pulmonary embolism. For example, Bionote Inc., a biotech firm based in the US, rolled out Vcheck D-dimer 5Tests/Kit in July 2024. This immunodiagnostic tool, designed for veterinary use, offers 5 tests within each kit to identify D-dimer levels – an indicator of blood clot formation and dissolution. This tool is beneficial for diagnosing thrombosis, sepsis, and DIC in veterinary settings.

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How Is the Coagulation Markers Market Defined and What Are Its Core Parameters?

Coagulation markers refer to measurable substances in the blood that indicate the status of blood coagulation or clotting processes. These markers are essential in diagnosing and monitoring various coagulation disorders, assessing the risk of bleeding or thrombosis, and guiding appropriate treatment strategies.

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