Albany, NY -- (SBWIRE) -- 01/25/2017 -- Transparency Market Research presents this most up-to-date research on "Erythrocyte Sedimentation Rate (ESR) Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024"
Erythrocyte sedimentation rate (ESR) can be defined as the rate at which red blood cells or erythrocytes sediment in a period of one hour. ESR is usually measured in millimeter per hour (mm/hr) and a value above 100 mm/hr indicates a disease condition, such as a disease that causes inflammation, active infection, cancer, heart disease, kidney disease, blood disease, diabetes, and collagen vascular disease. However, ESR is a non-specific test for inflammation and is used in conjunction with other tests such as C-reactive protein. Normal ESR result does not rule out the possibility of inflammation. Similarly, an elevated ESR without any symptoms of the disease does not aid in making any medical decision. ESR analyzers are devices employed to measure the sedimentation rate of erythrocytes for an accurate reading. Automated ESR analyzers need to comply with the 2011-published Clinical and Laboratory Standards Institute (CLSI) guidelines for measuring ESR. The analyzer works on the basic principle of Westergren's method followed to determine ESR.
The ESR analyzers market can be segmented based on modality, end-user, and region. In terms of modality, the market can be segmented into automatic analyzers, semi-automatic analyzers, and manual analyzers. Based on end-user, the ESR analyzers market can be segmented into hospitals, diagnostic laboratories, and academic institutions. In terms of region, the ESR analyzers market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
ESR is one of the basic hematology tests performed to identify various disease conditions, which would contribute to the growth of the ESR analyzers market. Technological upgrades leading to the development of automated ESR analyzers from manual ESR analyzers would also contribute to the growth of the market. In addition, the increasing number of infections leading to various health hazards would contribute to the rising number of ESR tests, which in turn would drive the ESR analyzers market in the near future. However, the non-specificity of the tests and the necessity for other tests to be performed to confirm the diseased condition could have a negative impact on the ESR analyzers market, as demand for specific tests increases. Furthermore, false negative results of ESR due to the effect of drugs such as oral contraceptives, dextran, methyldopa, penicillamine procainamide, theophylline, vitamin A, aspirin, cortisone, and quinine also make ESR less desirable, thereby impacting the growth of the ESR analyzers market.
Browse Global Strategic Business Report:
Automatic analyzers are expected to dominate the ESR analyzers market during the forecast period, owing to their abilities to enhance the workflow and turnaround time. Diagnostic laboratories and hospitals are expected to be the leading segments of the ESR analyzers market. Geographically, North America is expected to be the major market for ESR analyzers. Growth of the market in the region can be attributed to the well-developed health care infrastructure in the region. Asia Pacific is expected to witness the highest growth rate during the forecast period, owing to increasing infections, evolution of new diseases, and poor sanitation conditions which lead to increased infections among the population. In addition, government focus on enhancing the health care infrastructure and providing better health care facilities to the population contribute to the growth of the ESR analyzers market in Asia Pacific.
Leading players in the ESR analyzers market include Sysmex, R&R Mechatronics International B.V., TRANSASIA Bio Medicals Ltd., Diesse Diagnostica Senese Spa, Vital Diagnostics, Caretium Medical Instruments Co, Limited, Grifols, S.A., Beckman Coulter, Inc., ALCOR Scientific, Inc., Thermo Fisher Scientific, Perlong Medical, BPC Biosed Srl, and SFRI.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
Download Exclusive Brochure of This Report: