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

What is the Anticipated CAGR of the Platelet Aggregation Devices Market, and What Factors Will Drive It?

The market size of platelet aggregation devices has seen exponential growth in recent years. It is forecasted to rise from $0.83 billion in 2024 to $1.05 billion in 2025, representing a compound annual growth rate (CAGR) of 25.8%. The noteworthy growth in the previous period is accredited to the escalating prevalence of cardiovascular diseases, the upward trend in bleeding disorder cases, the enhanced awareness about health diagnostics, a rise in surgical procedures, and enhanced diagnostic accuracy.

The market for platelet aggregation devices is set to experience significant expansion in the coming years, predicted to reach a value of $2.59 billion by 2029, representing a compound annual growth rate (CAGR) of 25.4%. This growth trajectory through the forecast period is primarily driven by factors such as an ageing population, escalating demands for point-of-care testing, the surge in personalized medicine, and regulatory approvals and support, alongside the rise in chronic diseases. Key market trends expected during the forecast period features artificial intelligence’s inclusion in diagnostics, the emergence of portable platelet aggregation devices, heightened collaboration between biotech companies and healthcare service providers, the growing significance of data analytics in healthcare, and a shift towards diagnostics at home.

Download a free sample to assess the report’s scope and structure:

https://www.thebusinessresearchcompany.com/sample.aspx?id=15896&type=smp

What Are the Core Market Drivers Propelling Growth in the Platelet Aggregation Devices Industry?

The escalation in the prevalence of specific diseases of concern, called target diseases, is set to propel the growth of the platelet aggregation devices market. These target diseases – including cancer, cardiovascular diseases, and diabetes – carry a hefty weight on global health and are therefore prioritized in prevention, diagnosis, and treatment strategies. With their ability to early identify and effectively manage thrombotic risks, platelet aggregation devices play a crucial role in reducing the incidence of target diseases and forestalling severe complications such as heart attacks and strokes in susceptible individuals. For example, information released in February 2024 by the International Agency for Research on Cancer (IARC), a France-based cancer specialty agency under the World Health Organization (WHO), stated around 20 million new cancer incidences and 9.7 million related fatalities in 2022. Further projections anticipate a 77% surge to more than 35 million new cases by 2050. Lung cancer registered as the most common worldwide with 2.5 million new cases (12.4%), trailed by breast cancer in women (2.3 million cases, 11.6%), colorectal cancer (1.9 million cases, 9.6%), prostate cancer (1.5 million, 7.3%), and stomach cancer (970,000, 4.9%). Hence, the rising prevalence of these target diseases is fostering the expansion of the platelet aggregation devices market.

What Segment Types Define the Platelet Aggregation Devices Market Structure?

The platelet aggregation devices market covered in this report is segmented –

1) By Product: Reagents, Systems, Consumables And Accessories

2) By Type: Four Channel, Dual Channel, Eight Channel

3) By Technology: Optical, Impedance, Other Technologies

4) By Application: Clinical Applications, Research Applications, Cardiovascular Applications, Orthopedic Applications, Other Applications

5) By End-User: Standalone Hospitals, Diagnostic Laboratories, Research And Academic Institutes, Other End Users

Subsegments:

1) By Reagents: Platelet Aggregation Assay Reagents, Coagulation And Anticoagulation Reagents

2) By Systems: Platelet Aggregation Testing Systems, Automated Platelet Aggregation Systems

3) By Consumables And Accessories: Sample Collection Kits, Testing Plates And Cuvettes, Calibration Kits

Request customized data on this market:

https://www.thebusinessresearchcompany.com/customise?id=15896&type=smp

Which Regions Are Driving the Next Phase of the Platelet Aggregation Devices Market Growth?

North America was the largest region in the platelet aggregation devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the platelet aggregation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Strategic Trends Steering the Platelet Aggregation Devices Market Direction?

Key players in the platelet aggregation devices market are intensifying their efforts towards developing state-of-the-art solutions by introducing unique products such as the initial platelet pooling set aimed at stabilising the platelet supply in the U.S. and accommodating rising demands. A platelet pooling set is a sophisticated medical device used in plateletpheresis processes to aggregate and fortify platelets from numerous donors into a single unit for transfusion treatment. For instance, in February 2023, US-based TERUMO BCT INC., a firm specialising in blood components and cell technology, declared the endorsement of the IMUGARD WB Platelet Pooling Set by the US-based Food and Drug Administration (FDA). This product boasts an extended platelet shelf-life, a seven-day storage approval from the FDA, and facilitates the re-collection of platelets from whole blood donations—boosting adaptability and accessibility in the platelet aggregation devices market. This product launch symbolises a major technological progression by catering to the demand for enhanced platelet availability, effective supply management, and assisting the stretched U.S. platelet supply in meeting the growing need in critical medical practices such as chemotherapy and organ transplantation.

View the full report here:

https://www.thebusinessresearchcompany.com/report/platelet-aggregation-devices-global-market-report

What Is the Definition of the Platelet Aggregation Devices Market?

Platelet aggregation devices are specialized instruments used to measure the rate and extent to which platelets clump together, which is crucial for diagnosing and managing disorders related to blood clotting. These devices are used to assess the effectiveness of antiplatelet therapies, diagnose bleeding disorders, and evaluate platelet function in various clinical and research settings.

Purchase the full report and get a swift delivery:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15896

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at info@tbrc.info

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