This report provides exclusive insights into the COVID-19 impact on the Platelet Aggregation Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Platelet Aggregation Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Platelet Aggregation Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on platelet aggregation devices market provides an in-depth analysis of segments and sub-segments in global as well as regional platelet aggregation devices market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional platelet aggregation devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global platelet aggregation devices market. According to the report the global platelet aggregation devices market is projected to grow at a CAGR of 22.5% over the forecast period of 2018-2024.
Platelets are blood cells responsible for forming clots to stop bleeding from the body. When a blood vessel is injured, platelets dash to that location and from clots at the injured place and prevents blood loss. For the accurate formation of clotting, an appropriate number of platelets are required. Platelet aggregation systems (also referred to as an aggregometer) can be used to determine how well platelets stick together. Such a test measures platelet aggregation with the use of a platelet antagonist, such as ADP, thrombin, and ristocetin.
Factor such as high output for pharmaceutical companies to screen targets for anti-platelet development, the basic test for guarding patients at high risk of bleeding prior to surgery, increases in platelets disorders such as thrombocythemia, growing acceptance for platelet treatment among cancer patients are driving the growth of platelet aggregation devices Market. In addition, on-going advancement in platelet aggregometer, coupled with the growing frequency of chronic diseases such as arthritis, asthma are facilitating the growth of the platelet aggregation devices market. Furthermore, the increase in numbers of aged people across the world is also boosting the growth of global platelet aggregation devices.
There is a positive demand for platelet aggregation devices among those who are going through anti-platelet treatment. The important forces for the growth of this device's market would depend on product features such as nominal blood sample volumes along with multiple clinical assessments, accurate control over the amount of platelet thrombus and spatial location, and simplified precise procedures. Moreover, demand for Platelet aggregation devices will be added leading with a wide range of new uses such as identification of hereditarily developed platelet defects, assessment of surgical bleeding risk and so on. On the other hand, the high cost of devices and lack of sufficient technical expertise are hampering the growth of the Platelet aggregation devices market.
Among the geographies, North America dominated the growth of the platelet aggregation devices market followed by Europe. Factors driving the growth in North America region for Platelet aggregation devices market are growing awareness among healthcare professionals about the advantages of platelet aggregation testing in disease diagnosis, and increasing frequency of bleeding disorders, and orthopedic. Some of the factors driving the growth of the Europe region for this market are growing amount of surgical procedures, the growing frequency of chronic diseases and the presence of leading manufacturers in this region.
The report on global platelet aggregation devices market covers segments such as product, application, and end-user. On the basis of product the global platelet aggregation devices market is categorized into systems, reagents, consumables, and accessories. On the basis of application the global platelet aggregation devices market is categorized into clinical applications and research applications. On the basis of end-user the global platelet aggregation devices market is categorized into hospitals, research, and academic institutes, diagnostic laboratories, and blood banks.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region.
The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global platelet aggregation devices market such as Siemens AG, Helena Laboratories Corporation, Haemonetics Corporation, Accriva Diagnostics, F. Hoffman-La Roche Ltd, Sysmex Corporation, Aggredyne, Inc., TEM Group, and Sentinel Ch. S.P.A.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global platelet aggregation devices market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of platelet aggregation devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the platelet aggregation devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the platelet aggregation devices market to understand the present and future trends in this market and formulate their strategies accordingly.