Harrisburg, NC -- (SBWIRE) -- 10/21/2020 -- The Global Hematology Diagnostic Devices And Equipment Market Research Report 2020-2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global hematology diagnostic devices and equipment market was valued at about $1.9 billion in 2018 and is expected to grow to $2.35 billion at a CAGR of 5.5% through 2022.
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Top Companies in the Global Hematology Diagnostic Devices And Equipment Market: Abbott Diagnostics, Beckman Coulter, Bio-Rad Laboratories, Drucker Diagnostics , Horiba Ltd and Other
Markets Covered: 1) By Product: Instruments, Consumables 2) By End User: Hospitals, Specialized Diagnostic Centers, Specialized Research Institutes 3) By Instruments: Analyzers, Flow cytometers, Others 4) By Consumables: Reagents, Stains, Others 5) By Application: Drug Testing, Auto Immune Disease, Cancer, Diabetes Mellitus, Infectious Disease, Other Applications
Hematology diagnostic devices are driven by the increase in the prevalence of blood disorders. Hematology diagnostic devices are widely used in order to identify the type of blood disorder. Blood disorder is a condition which is impacting the count of the blood cells like red blood cells, white blood cells, platelets, etc. Blood disorder affecting millions of people each year across the world irrespective of age, race, and sex. 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% is men.
Product recall is one of the major problems that the companies are facing. Product recalls is the process of returning the faulty devices which can be due to the errors in the manufacturing of the device. Because of the faulty devices tests conducted in the diagnostic centers may get affected. Example, In 2018, Becton Dickinson (BD) and Company recalled Vacutainer EDTA Blood Collection Tubes because they are affecting the test due to the chemical interference of test tubes with the blood samples. This recall was classified as Class I recall, the most serious type of recall, by the Food and Drug Administration (FDA). Such product recalls can negatively affect market growth.
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-Analytical Tools: The Global Hematology Diagnostic Devices And Equipment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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