Key Trends and Insights into the Hemoglobin A1c Testing Devices Market: Growth Rate and Opportunities to 2034
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How has the hemoglobin a1c testing devices market grown over the years?
The market size for hemoglobin a1c testing devices has seen rapid expansion recently. The market is set to grow from $1.88 billion in 2024 to $2.09 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.1%. This growth in the past period can be credited to comprehensive diabetes management programs, consistent innovation, advances in healthcare infrastructure, preventive healthcare measures, and growing trends in home healthcare.
What Is the forecasted market size and growth rate for the hemoglobin a1c testing devices market?
Anticipated to experience accelerated growth in the upcoming years, the market for Hemoglobin A1c testing devices is projected to reach $3.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.6%. The growth during the forecast period can be credited to the expansion of point-of-care testing, the introduction of home testing and self-monitoring mechanisms, a stronger emphasis on preventative healthcare, an aging population, and the further expansion of healthcare accessibility. Significant trends for the forecast period encompass ongoing innovation and cost reduction, a surge in diabetes cases, a shift towards point-of-care testing, technological growth, and the increased adoption of home healthcare and self-monitoring.
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What are the major factors driving growth in the hemoglobin a1c testing devices market?
The hemoglobin A1C testing devices market is predicted to expand due to the increasing occurrence of diabetes. Diabetes is a long-term metabolic syndrome that heightens glucose levels in the blood. Hemoglobin A1C tests provide crucial data on the average blood glucose levels in people, serving as a significant tool in diagnosing type 2 diabetes, pre-diabetes, and managing diabetes. This enables individuals to track their condition and assist in formulating treatment plans to prevent further complications. As an illustration, the Centers for Disease Control and Prevention, a national public health agency in the US, recorded about 37.3 million people or 11.3% of the American population afflicted with diabetes in 2022. As a result, this rise in the number of diabetes patients will stimulate the growth of the hemoglobin A1C testing devices market.
What key areas define the segmentation of the global hemoglobin a1c testing devices Market?
The hemoglobin A1c testing devices market covered in this report is segmented –
1) By Type: Bench Top Device, Handheld Device
2) By Technology: Ion-Exchange HPLC, Immunoassay, Boronate Affinity Chromatography, Direct Enzymatic Assay, Other Technologies
3) By End Use: Hospitals, Pharmaceuticals, Medical Devices, Laboratory Testing
Subsegments:
1) By Bench Top Device: Automated Hemoglobin A1C Analyzers, Laboratory-Grade Analyzers, Multi-Parameter Testing Devices
2) By Handheld Device: Portable Hemoglobin A1C Testers, Point-Of-Care Testing Devices, Smartphone-Integrated Testing Devices
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What are the top market players propelling the growth of the hemoglobin a1c testing devices industry?
Major companies operating in the hemoglobin A1c testing devices market include Arkray Inc, Abbott Laboratories, Polymer Technology Systems Inc, Bio-Rad Laboratories Inc, Menarini Group, F Hoffmann-La Roche AG, Siemens Healthineers AG, Tosoh Corporation, Trinity Biotech plc, Transasia Bio-Medicals Limited, Beckman Coulter Inc, Diazyme Laboratories Inc, EKF Diagnostics Holdings plc, HemoCue AB, OSANG Healthcare Co Ltd, Danaher, Bayer AG, Thermo Fisher Scientific Inc., PTS Diagnostics India Private Limited, Nova Biomedical, Randox Laboratories Ltd., ACON Laboratories Inc., DiaSys Diagnostic Systems GmbH, Erba Mannheim, Green Cross Medical Science Corp., Infopia Co. Ltd., TaiDoc Technology Corporation, Werfen, Zhejiang Orient Gene Biotech Co. Ltd.
What are the key trends shaping the future of the hemoglobin a1c testing devices market?
Leading firms in the hemoglobin A1C testing devices market are shifting their focus to producing innovative tools like at-home HbA1c test kits, giving patients more influence over their management of diabetes. The at-home HbA1c test kit is a medical gadget made for people to monitor their hemoglobin A1c (HbA1c) levels at home. To illustrate, OmegaQuant, LLC, an independent, CLIA-certified lab in the US, introduced an innovative HbA1c test in May 2022 that allows people to easily check their blood sugar levels at home. By just using a small blood sample obtained from a finger stick, this kit reveals person’s average blood glucose levels for the previous three months. The test results help users to determine the ideal levels for effective blood sugar management, enabling them to make conscious decisions about their diet and lifestyle.
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What regions are dominating the hemoglobin a1c testing devices market growth?
North America was the largest region in the hemoglobin A1C testing devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the hemoglobin A1C testing devices market during the forecast period. The regions covered in the hemoglobin a1c testing devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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