(Health-NewsWire.Net, October 12, 2017 ) The Latin America Coagulation/Hemostasis Analyzer Market was worth USD 310 million in 2016 and estimated to be growing at a CAGR of 9.31%, to reach USD 480 million by 2021. Coagulation testing methods detail the methods used for checking hemostasis systems. Hemostasis is the process in which bleeding is stopped from a blood vessel. Coagulometer is the apparatus which is used in the medical laboratories to deduce the functioning of coagulation systems. Most of the methods used in laboratories today were developed more than fifty years ago.
The methods for analysing coagulation systems can broadly be divided into global tests and local tests. Global tests produce results for the entire clotting cascade. Examples of global tests are Thrombodynamics test, Thromboelastography and Thrombin generation test. They play a pivotal role in the initial phase of diagnostics by providing a detailed analysis of coagulation cascade. Local tests produce the results of different components of blood coagulation cascade. Examples of local testing include Partial Thromboplastin time and Prothrombin time test.
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The Latin America Coagulation/Hemostasis Analyzer market is driven by growing number of people suffering from chronic blood disorders, growing geriatric population, poor lifestyle choices, increasing incidence of chronic diseases and rising foreign investments among others. Rapid expansion of hospitals and healthcare centres is also pushing the growth of this market in developing nations of Latin America.
The Latin America Coagulation/Hemostasis Analyzer market is divided on the basis of test into ACT, aPTT, d dimer testing, platelet function test, prothrombin time testing, anti-factor Xa test, heparin and protamine dose response test for ACT, fibrinogen testing and other coagulation tests. Prothrombin time testing has the largest market share in this segment and is also the fastest growing due to increasing automation of this process in laboratories. On the basis of product, the market is divided into PoC testing analyzers and clinical laboratory analyzers. Clinical laboratory analyzers has the largest market in this segment. By end users, the market is categorized into clinical laboratories, PoC and others. Clinical laboratories has the largest share in the segment. By technology, the market is segmented into electrochemical, optical, mechanical and other technologies. Optical segment has the largest market share and is also the fastest growing in this segment.
Key points from TOC:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Leaders' Analysis
Market Outlook and Investment Opportunities
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The Latin America Coagulation/Hemostasis Analyzer market is divided based on geography into Brazil, Argentina, Chile and other parts of region. The market in the region is still in the emergent phases. Factors such as rising foreign investments, huge patient base and poor lifestyle choices are expected to propel the market growth in the region.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Some of the major players in the market include Siemens AG (Germany), Thermo Fisher Scientific Inc. (U.S.), Roche Diagnostics (Switzerland), Alere Inc. (U.S.), Sysmex Corporation (Japan), Helena Laboratories (U.S.), Instrumentation Laboratory (U.S.), International Technidyne Corporation (U.S.), Nihon Kohden Corporation (Japan) and Diagnostica Stago (France).
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