HEMOSTASIS DIAGNOSTICS MARKET ANALYSIS

Regional Analysis

North America is the key growth engine in the global hemostasis diagnostics market

Regional segmentation of the Hemostasis Diagnostic Market by Coherent Market Insights comprises North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. According to the Centre for Disease Control and Prevention in 2015, the number of people with hemophilia in the U.S. is estimated to be 20,000.

This positions North America as the most dominant region in the global hemostasis diagnostics market, owing to the rise in installed instruments leading to higher sales of reagents and support services. According to The European National Registry of Congenital Coagulopathies in 2017, the number of people identified with hemostasis has increased from 7000 in 2000 to over 11,000 in 2015.

Therefore, the European market is expected to grow steadily boosting the demand for hemostasis diagnostics. Significant growth of markets in India, China, and Brazil is registering due to the rise in health care expenditure, higher affordability, improving technical capabilities and economic development. These markets are expected to attract global companies for capitalizing on the hemostasis diagnostics market opportunities.