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The hematology diagnostic devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 9%, as per The Business Research Company’s market report!

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The Hematology Diagnostic Devices And Equipment Market Size In 2022 And Forecast
The global hematology diagnostic devices and equipment market grew from $1.64 billion in 2021 to $1.88 billion in 2022 at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The hematology diagnostic devices and equipment market is expected to grow to $2.72 billion in 2026 at a CAGR of 9.7%.

The hematology diagnostics devices and equipment market consist of sales of hematology diagnostics devices and related services. Hematology diagnostics instruments are used to diagnose diseases related to blood, vascular systems, bone marrow, autoimmune disorders, and hemostasis.

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Increase In The Prevalence Of Blood Disorders Is Driving The Growth Of The Hematology Diagnostic Devices And Equipment Market
E.g. As per the World Health Organization, Hemoglobin disorder is affecting 75% of the total births globally and the prevalence of Anemia is 12.7% in men.

Competitive Landscape And The Regional Analysis Of The Hematology Diagnostic Devices And Equipment Market
Major players in the hematology diagnostic devices and equipment market are Abbott Diagnostics, Beckman Coulter, Bio-Rad Laboratories, Drucker Diagnostics, Horiba Ltd, Instrumentation Laboratory Inc, Siemens Healthcare, Shenzhen Mindray Bio-Medical Electronics Co Ltd, F. Hoffmann-La Roche AG, and Thermo Fisher Scientific Inc.

Additionally, as per TBRC’s research – North America was the largest region in the hematology diagnostic devices and equipment market in 2021 holding the largest market share.

The Hematology Diagnostic Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hematology diagnostic devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the hematology diagnostic devices and equipment market.

Increasingly Investing In Automation Technology – A Key Trend In The Hematology Diagnostic Devices And Equipment Market
Companies in hematology diagnostic devices are increasingly investing in automation technology. Automation technology advancements are driving the demand for hematology analyzers and this automation will reduce the errors caused due to the manual practices in the diagnostic centers.

Hematology Diagnostic Devices And Equipment Market Segmentation By The Business Research Company

1) By Product: Instruments, Consumables

2) By End User: Hospitals, Specialized Diagnostic Centers, Specialized Research Institutes

3) By Instruments: Analyzers, Flow cytometers, Other Instruments

4) By Consumables: Reagents, Stains, Other Consumables

5) By Application: Drug Testing, Auto Immune Disease, Cancer, Diabetes Mellitus, Infectious Disease, Other Applications

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