all report title image

SICKLE CELL ANEMIA TESTING AND SCREENING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Sickle Cell Anemia Testing and Screening Market, By Testing Method (Hemoglobin Electrophoresis, High-Performance Liquid Chromatography (HPLC), Point-of-Care Tests, Genetic Testing, and Others), By Age Group (Newborn Screening, Ages 1 to 25, and Ages 26 and Above), By Sector (Government Labs, Private Labs, Corporate Labs, and PPP), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Nov 2024
  • Code : CMI7523
  • Pages :130
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Sickle Cell Anemia Testing and Screening Market Size and Trends

The global sickle cell anemia testing and screening market is estimated to be valued at USD 465.2 Mn in 2024 and is expected to reach USD 1,028.1 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 12% from 2024 to 2031.

Sickle Cell Anemia Testing and Screening Market Key Factors

To learn more about this report, Request sample copy

The increasing prevalence of sickle cell anemia globally primarily drives the market growth. Various players in the market like PerkinElmer, Inc. are focusing on new product launches, especially Point-of-Care (POC) testing kits for sickle cell screening. This is expected to boost the market growth over the forecast period.

Sickle Cell Anemia Testing and Screening Market Concentration By Players

To learn more about this report, Request sample copy

Top Strategies followed by Sickle Cell Anemia Testing and Screening Market

  • Established Players: Leading companies in the global sickle cell anemia testing and screening market extensively focus on research and development to innovate high-performance products. For instance, Abbott Laboratories invested over US$ 1 billion in R&D last year to launch cutting-edge diagnostics tools and tests with improved accuracy and faster turnaround times. Thermo Fisher Scientific similarly spends 8-9% of its annual revenue on R&D and acquired advanced genetic testing startup New England Biolabs to expand its product portfolio.
  • Mid-Level Players: Medium sized companies in the market aim to provide quality and cost-effective testing kits and solutions to target price-sensitive consumers globally. For example, PerkinElmer offers affordable point-of-care screening tests priced 10-15% lower than leading brands to boost access in developing nations. Luminex Corporation partners with local diagnostic product manufacturers in Asia Pacific and Latin America to jointly develop low-cost flow cytometers for disease screening.
  • Small-Scale Players: New entrants focus on developing specialized products for niche customer groups and diseases. Blueprint Genetics is concentrating on generating genetic sequencing data for rare childhood illnesses. Cergentis focuses only on preimplantation genetic testing for infertility clinics. These strategies help smaller players target unmet needs and gradually build market share.

Emerging Startups in the Global Sickle Cell Anemia Testing And Screening Market

Innovative Technologies: Emerging startups are introducing advanced technologies to disrupt the industry. For example, Hemosure is developing a non-invasive, handheld diagnostic device using electrochemical smart sensors and microfluidics to detect sickle cell disease from a single drop of blood. Genome Diagnostics uses AI and machine learning algorithms to analyze genomic data and clinically interpret complex mutations with 95% accuracy. Such innovative technologies can transform sickle cell screening processes and make them more affordable and accessible worldwide.

Market Contribution: Startups also address specific market needs not met by larger players. SickleCell–Tec focuses on developing prenatal screening kits for sickle cell disorder tailored for African communities in the U.K. Another startup OneBlood is launching a direct-to-consumer genetic screening service compatible with ethnic diets to encourage testing uptake in the Middle East.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.