(PharmaNewsWire.Com, August 11, 2017 ) According to the report Europe Blood Testing, published by Market Data Forecast, the Europe market is projected to reach USD 17.21 billion by 2021, at a CAGR of 2.37 % from 2016 to 2021.
Blood Testing Market help doctors to check for certain diseases and medical conditions. They also help to check the functioning of your organs and show how well current treatments are working. Blood Tests have a variety of uses as like evaluating how well internal organs are working. They are of utmost importance in the diagnosis of diseases and medical conditions such as cancer, HIV, diabetes, Anemia, and coronary heart disease.
Detection of whether a person is at risk of heart disease is also done via blood tests and to assess the efficiency of medicine and blood clotting.
Laboratory workers draw the blood and analyze it. They use either the whole blood sample to count blood cells, or they can separate the blood cells from the fluid that contains them which is called plasma. This fluid is used to measure different substances present in the blood. The results can help detect any health problems in the early stages, to better judge whether treatments or lifestyle changes may work best.
Blood testing market growth is likely to propagate in the future as per current trends of increase in the global geriatric population. That, along with the increasing predominance of chronic diseases is boosting the demand for the solutions which are only possible with timely diagnostics through proper blood testing technologies. Technological advancements in the field of diagnostics have been made possible with increased government spending on healthcare as well as private investments, finances and grants for healthcare research. Lack of awareness and the unavailability of proper expert labor are probable to limit the market growth.
Blood Testing technique is a powerful biologic tool that can simplify the diagnosis of many infectious diseases and chronic diseases. The most common blood tests in the market include CBC (Complete Blood Count) which is a routine test to determine the complete number of red blood cells, platelets, and white blood cells present in your blood. Helps to diagnose Anemia or Infection. After that coagulation tests to measure how quickly your blood clots which has several medical applications. Blood Chemistry tests and lipid tests also help check the glucose and cholesterol levels respectively.
Europe Blood Testing Market: Region-wise Outlook
Based on geography the European market is analysed under the various countries namely - U.K., Germany, France, Italy and Spain. France and U.K. are the top emerging countries for the blood testing market in the Europe region.
Key Questions Answered
What are the major blood testing applications currently driving the market?
Which companies are currently dominating the market right now? What is the best market entry strategy to be followed for new entrants?
What is the competitive landscape scenario for the European blood testing market?
What are the latest technologies that are in the process of being developed that could have a significant impact on the market?
Which product segment is currently dominating in Europe? Which segments are expected to dominate in the next five years?
Europe Blood Testing Market: Key Players
Major players in this market are Bio-Rad Laboratories Inc., Siemens Healthcare, Grifols, Nanosphere Inc., BioMιrieux, Dickinson and Company, Ortho Clinical Diagnostics Inc., Roche Diagnostics, Alere Inc., Bruker Corporation, Abbott Laboratories, Thermo Fisher Scientific Inc., and Beckman Coulter.
Reasons to buy Europe Blood Testing Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y 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 macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), 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
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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