Hemoglobin A1c testing is used to monitor and determine the level of Hemoglobin A1c with help of blood glucose data measured over two to three months. Its other popular names include glycosylated Hemoglobin test, glycated hemoglobin test and glycohemoglobin test. An intelligence report titled, “Hemoglobin A1c Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.
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Multiple factors including increased demand for diagnostic tools, rising old age population and highly prevalent diabetes cases drive the growth of hemoglobin A1c testing market.
Global hemoglobin A1c testing market is expected to grow at ?9% CAGR during the forecast period 2019 – 2027. This market can be segmented into many technologies including ion-exchange high performance liquid chromatography (HPLC) , direct enzymatic assay and boronate affinity chromatography of which HPLC segment held largest global market share in 2018 and is further anticipated to maintain its dominance. Amongst the various distribution channel operating in global market, laboratory setting segment dominated global market in the past year and is expected to continue doing so owing to the rapid growth in demand of automated hemoglobin A1c testing analyzers and numerous laboratories equipped with enhanced diagnostic care services.
China and India witness rapid market growth
North America leads global Hemoglobin A1c testing market owing to various factors including increased direct enzyme essay technique’s demand, advanced HPCL technologies and rising adoption of chromatographic devices in various medical facilities such as hospitals, clinic and diagnostic labs. Europe is projected to be second-largest market. Asia pacific witnessed population growth, increased awareness regarding testing solutions and greater demand for automated diagnostic instruments and tools, which makes it a very prominent region in global hemoglobin A1c market. Moreover, fast paced medical device industry in developing economies such as China and India contribute in the region’s market growth.
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Major stake holders profiled in global hemoglobin A1c testing market include Abbott Laboratories, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., Sebi, tosh Corporation and Siemens Healthineers.
Global hemoglobin A1c testing market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Global hemoglobin A1c testing market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global hemoglobin A1c testing market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on hemoglobin A1c testing.
An insightful and deep-dive assessment of the competitive assessment of the Global hemoglobin A1c testing market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global hemoglobin A1c testing market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Global hemoglobin A1c testing market: Research Methodology
Primary sources and secondary sources propel intelligence report on Global hemoglobin A1c testing market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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