Key Takeaways from Analyst
The platelet aggregation devices industry is expected to experience steady growth over the forecast period driven by the increasing demand for platelet function testing across hospitals and diagnostic labs. Rising prevalence of cardiovascular diseases along with growing geriatric population prone to chronic conditions will also augment the adoption of platelet aggregation devices.
The market prospects are likely to be challenged by the high costs associated with platelet function testing in contrast to conventional coagulation tests. Additionally, limitations regarding the standardization and validation of test results obtained from various platelet analyzers can negatively impact the market expansion to an extent.
North America commands the largest share in the platelet aggregation devices space supported by well-established healthcare infrastructure and early technology adoption. Meanwhile, Asia Pacific shows most lucrative opportunities for market players owing to increasing healthcare spending, expanding medical tourism industry, and continuous economic development in countries like China and India.
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