Sarasota, FL, Feb. 09, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Global Platelet Aggregation Devices Market by Product (Systems, Reagents and Consumables & Accessories), by Application (Clinical and Research), by End-User (Standalone Hospitals, Diagnostic Laboratories, Research & Academic Institutes and Other End-Users): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022” . According to the report, the global platelet aggregation devices market accounted for USD 216.3 million in 2016 and is expected to reach USD 427.0 million by 2022, growing at a CAGR of around 20.1% between 2017 and 2022.
Platelets are a component of blood whose function is to form blood clots by sticking together along with the coagulation factors. The main function of platelets is to contribute to hemostasis: the process of stopping bleeding at the site of interrupted endothelium. In addition, they play a crucial role in the inflammation and other pathological situations in conjunction with other cells. With platelet disorders, there may be too many or too few platelets or platelets that do not function well. Some conditions cause changes in both the number and function of platelets. A platelet disorder causes the abnormality in blood clotting function. These disorders can be natural i.e. by birth or acquired during the lifetime due to another disease or condition. Platelet aggregation can be examined through specific tests which have to be conducted before a surgery to diagnose any abnormality in the platelet by using various platelet aggregation devices which in turn expected to fuel the growth in platelet aggregation devices market.
Browse through 45 Market Tables and 59 Figures spread through 110 Pages and in-depth TOC on “Global Platelet Aggregation Devices Market: By Type, Product, Application, Size, Share, Analysis, Segment and Forecast 2016 – 2022”.
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The major drivers for platelet aggregation devices market include increasing demand for platelet screening programs to identify diseases like HIV, Dengue etc. In addition, the market is also expected to fuel demand from the patient population undergoing antiplatelet therapy. Apart from this, increasing geriatric population globally coupled with the growing incidences of target diseases are also expected to boost this market in coming five years. Furthermore, the wide range of new applications of platelet aggregation devices such as assessment of surgical bleeding risk, identification of genetically acquired platelet defects etc. are also expected to drive the market growth within the forecast period. However, the high cost of purchase and limited scope at the level of end users are expected to hamper the market growth in coming five years. In spite of these restraints, research and development in the platelet devices market are expected to be an opportunity for this market in the forecast period.
Platelet aggregation product segment was dominated by platelet aggregation systems and accounted for the largest share of the global market in 2016 and expected to grow at a high rate of CAGR within the forecast period. Systems demand is expected to fuel by the increasing automation of platelet aggregation testing procedures. Furthermore, growing adoption & market preference for automated systems among diagnostic laboratories is also expected to create the demand for systems in this market in coming five years.
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The application segment is expected to lead to clinical applications due to increasing awareness among healthcare professionals about the benefits of platelet healthcare devices. In addition, the increasing incidences of the target diseases coupled with increasing the geriatric population globally are also expected to create the demand for platelet aggregation devices in clinical application in coming five years.
The largest market share of the global platelet aggregation devices market of the end-user segment is captured by the standalone hospitals and also expected to grow at a significant CAGR within the forecast period. The demand for platelet aggregation devices in standalone hospitals is expected to supplement by increasing patient population base for diseases such as bleeding disorders, cardiovascular diseases, and arthritis. Demand for these devices in standalone hospitals is expected to follow by the diagnostic laboratories owing to the increasing awareness among diagnostic technicians regarding the benefits of platelet aggregation devices in the diagnosis of various diseases.
North America is expected to witness the fastest growth in global platelet aggregation devices market in coming five years. In North America, U.S. had the largest market share for platelet aggregation devices. North American region has become lucrative destination for companies engaged in the manufacture, and distribution of platelet aggregation products owing to large patient population for target diseases; growing number of surgical procedures; increasing awareness among healthcare professionals about the benefits of platelet aggregation testing in disease diagnosis; significant number of patients undergoing cardiovascular surgeries; and increasing incidences of orthopedic, urological and bleeding disorders.
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Europe is expected to gain the second largest share in this market within the forecast period due to the presence of leading manufacturers of platelet aggregation devices in this region. In addition, a large number of people suffering from cardiovascular disease, neoplasms, and strokes are also expected to fuel the demand for platelet aggregation devices in this region in coming five years.
Asia Pacific is expected to one of the attractive markets for platelet aggregation devices within the forecast period. The growth in this region is expected to attribute by the increasing incidences of mosquito-borne diseases such as malaria and dengue.
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Latin America, Middle East, and South Africa are expected to show an above average growth due to increasing awareness among healthcare professionals related to the benefits offered by platelet aggregation testing in disease diagnosis.
The report presents comprehensive competitive outlook with company profiles of the key players operating in the global market. Key participants profiled in the report include Siemens AG, Helena Laboratories Corporation, Haemonetics Corporation, Accriva Diagnostics, F. Hoffman-La Roche Ltd, Helena Laboratories Corporation, Sysmex Corporation, Aggredyne, Inc., TEM Group, Sentinel Ch. S.P.A. among others.
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This report segments the platelet aggregation devices market as follows:
Global Platelet Aggregation Devices Market: Product Segment Analysis
- Systems
- Reagents
- Consumables & Accessories
Global Platelet Aggregation Devices Market: Application Segment Analysis
- Clinical Applications
- Research Applications
Global Platelet Aggregation Devices Market: End-User Segment Analysis
- Standalone Hospitals
- Research and Academic Institutes
- Diagnostic Laboratories
- Other End-Users
Global Platelet Aggregation Devices Market: Regional Analysis
- North America
- U.S.
- Europe
- U.K.
- France
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
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