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Market Driver – Increasing Prevalence of Coagulation DisordersThe global prevalence of coagulation disorders has been on the rise over the past few decades. Various chronic medical conditions that impair the body's natural blood clotting processes have become more common worldwide. Inherited bleeding disorders like hemophilia A and B affect over 400,000 people globally and the incidence of acquiring these genetic conditions is going up annually. Moreover, lifestyle-related illnesses such as liver disease, kidney failure, and cancer which disrupt the normal homeostasis of coagulation factors in the bloodstream have witnessed a rise coinciding with changing demographics and risk factors. As these patient populations expand, the need for frequent monitoring and management of their coagulation status will drive greater demand for hemostasis analyzers.
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