During the projected period 2022 to 2032, the Haptoglobin Reagent market is expected to grow at a CAGR of 7%. In 2022, Haptoglobin Reagent Market was held at around US$ 3 Billion.
Haptoglobin testing is used to determine the amount of Haptoglobin in the blood using Haptoglobin Reagents and kits, and rising anaemia cases necessitate testing, increasing demand for Haptoglobin Reagents.
The liver manufactures Haptoglobin, which binds with haemoglobin, a type of protein found in red blood cells, and this plays an important part in bodily functioning, propelling the sales of Haptoglobin Reagents around the world.
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According to various anaemia studies, hemolytic anaemia accounts for about 5% of all anaemia. As a result, the demand for Haptoglobin Reagents is expected to skyrocket in the future years.
Advent of Telehealth and Virtual Care to Create Tailwind for the Haptoglobin Reagent Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Haptoglobin Reagent market.
Key Haptoglobin Reagent Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Haptoglobin Reagent market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Haptoglobin Reagent Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Haptoglobin Reagent market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Haptoglobin Reagent Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Haptoglobin Reagent market. As per the survey, Haptoglobin Reagent sales will project steady growth over the forecast period.
- Haptoglobin Reagent Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Haptoglobin Reagent market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Haptoglobin Reagent Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Haptoglobin Reagent market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Haptoglobin Reagent market.
Some of the prominent market players are profiled by FMI are:
Sekisui Diagnostics (Sekisui Chemical), Randox Laboratories, Beckman Coulter Inc. (Danaher Corporation), Kamiya Biomedical Company, ADALTIS S.r.l., SDIX, LLC, Lab Mark A.s., Abbott Laboratories, IBL International (Tecan Group Ltd.), Analytik Jena AG, and others.
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Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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