Global Blood Testing Market Report, History and Forecast 2013-2025, Breakdown Data by Companies, Key Regions, Types and Application

City of Industry, CA -- (SBWire) -- 07/13/2018 --This report studies the Blood Testing market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A blood test is the analysis of blood sample performed in a laboratory and the blood is usually taken from the vein in the arm through a needle, or through a finger prick to determine patient's health status. Blood tests are very often used in health care to understand biochemical and physiological states, mineral content, pharmaceutical drug effectiveness, organ function, disease and also used in drug tests to detect drug abuse. Multiple tests for specific blood components are often grouped together into one test panel called as blood panel or blood work. The function of organs and how well a treatment is working can be determined by blood culture tests.

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Some major factors that have been anticipated to drive the market growth in the region include the presence of large patient population, continuously improving healthcare infrastructure coupled with the scope of expansion of clinical laboratories. Rapidly increasing elderly population will play a key role in driving the market growth in Japan as elderly population are more often undergo various blood tests. In Rest of the World (RoW) region, Latin America, Africa and Middle East are the major markets. Growing economy of Brazil, Mexico and South Africa is expected to be a prominent growth factor for blood testing market during upcoming years. Lacks of awareness and limited knowledge about advanced technology coupled with reluctance to adopt newer technology have been restraining the market growth in the region since long.

In 2017, the global Blood Testing market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.

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This report focuses on the global top players, covered

Abbott Laboratories

Bio-Rad Laboratories

F. Hoffmann La Roche

Siemens Healthineers

Market segment by Regions/Countries, this report covers

North America

Europe

China

Rest of Asia Pacific

Central & South America

Middle East & Africa

Market segment by Type, the product can be split into

Glucose

Lipid

BUN

A1C

CRP

Vitamin D

ALT

AST

Thyroid Stimulating Hormone

Market segment by Application, the market can be split into

Hospitals

Clinic and Diagnostic Centers

Others