South & Central America Coagulation Analyzers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product (Clinical Laboratory Analyzers and Point-of-care Testing Analyzers), Test (Prothrombin Time Testing, Fibrinogen Testing, Activated Clotting Time Testing, Activated Partial Thromboplastin Time Testing, D-Dimer Testing, Platelet Function Tests, Anti-Factor XA Tests, Heparin and Protamine Dose Response Tests for ACT, and Others), Technology (Optical Technology, Mechanical Technology, Electrochemical Technology, and Other Technologies), and End Users (Hospitals, Clinical Laboratories, Point-of-Care Testing, and Others)
The South & Central America coagulation analyzers market is expected to grow from US$ 266.50 million in 2022 to US$ 380.05 million by 2028. It is estimated to grow at a CAGR of 6.1% from 2022 to 2028.
Rising Incidence of Cardiovascular Diseases Drives the South & Central America Coagulation Analyzers Market
Cardiovascular diseases (CVD) cause millions of deaths every year in worldwide including South & Central America. The major causes of CVD’s are hypertension, obesity and diabetes. The cases of diabetes are increasing in the region. For instance, according to the company BioMed Central Ltd in October 2020, 16.8 million individuals were affected by diabetes mellitus (DM) in Brazil, making it one of the top 10 countries regarding DM prevalence. Further, according to International Diabetes Federation, globally 537 million people have diabetes out of which more than 33 million people in the International Diabetes Federation (IDF) South and Central America Region by 2045, the cases will grow to 49 million. People with diabetes are more prone to the risk for heart disease in which cardiac surgeries are required where coagulation analyzers are widely used to monitor blood clotting status.
The prevalence of hypertension has been linked to the aging population in Brazil. The Brazilian Institute of Geography and Statistics (IBGE) estimates that, by 2060, people over 65 years will account for 25.5% of the total population. The growing geriatric population is expected to result in a high prevalence of hypertension, leading to a rise in demand for cardiovascular surgeries such as angioplasty and coronary artery bypass surgery to monitor information about blood clotting status. Similarly, CVDs are growing in Argentina, for instance, In 2020, as per the World Health Organization, coronary heart disease causes 48,765 deaths in Argentina.
A coagulation test can help prevent potentially heart attack-causing blood clots. A coagulation analyzer is used during coronary artery bypass surgery and angioplasty to monitor information about blood clotting status. Thus, the increasing incidence of cardiovascular diseases results in growing the demand of coagulation analyzers in turn driving the growth of South & Central America coagulation analyzers market.
South & Central America Coagulation Analyzers Market Overview
The South & Central America coagulation analyzers market is segmented into Brazil, Argentina, and the Rest of South & Central America. The South & Central America coagulation analyzers market is expected to witness significant growth during the forecast period due to factors such as the growing cardiovascular diseases along with increasing diabetes, hypertension, and growing aging population in the region.
According to World Heart Federation, non-communicable diseases such as cardiovascular disease accounts for 74% of total deaths in Brazil. According to Global Burden Study (GBD) and Brazilian Unified Health System, cardiovascular disease was the leading cause of death in Brazil in 2019. Due to growing aging population in Brazil, the prevalence of cardiovascular disease is increasing each year. According to the same source, GBD 2019, the number of ischemic heart disease (IHD) has reached to 4 million in 2019. Further, about 171,246 deaths were reported due to IHD which accounts for 43% of cardiovascular deaths and 12% of total deaths in Brazil in 2019. Thus, growing cardiovascular disease in Brazil is driving the coagulation analyzers growth. Similarly, according to Argentine Society of Cardiology, in 2019, cardiovascular disease is the leading cause of death which contributes to 30% of deaths. Further, according to World Health Organization, in 2020, coronary heart disease in Argentina has reached 48,765 which accounts for 17.64% of total deaths. About 95,826 deaths were due to cardiovascular disease out of 336,823 of total deaths happened in Argentina. Thus, growing cardiovascular diseases in Argentina are driving the growth of market.
South & Central America Coagulation Analyzers Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Coagulation Analyzers Market Segmentation
The South & Central America coagulation analyzers market is segmented into product, test, technology, end users, and country.
Based on product, the South & Central America coagulation analyzers market is segmented into clinical laboratory analyzers and point-of-care testing analyzers. The clinical laboratory analyzers segment held the larger South & Central America coagulation analyzers market share in 2022.
Based on test, the South & Central America coagulation analyzers market is segmented into prothrombin time testing, fibrinogen testing, activated clotting time testing, activated partial thromboplastin time testing, d-dimer testing, platelet function tests, anti-factor xa tests, heparin and protamine dose response tests for act, and others. The prothrombin time testing segment held the largest South & Central America coagulation analyzers market share in 2022.
Based on technology, the South & Central America coagulation analyzers market is segmented into optical technology, mechanical technology, electrochemical technology, and other technologies. The optical technology segment held the largest South & Central America coagulation analyzers market share in 2022.
Based on end users, the South & Central America coagulation analyzers market is segmented into hospitals, clinical laboratories, point-of-care testing, and others. The clinical laboratories segment held the largest South & Central America coagulation analyzers market share in 2022.
Based on country, the South & Central America coagulation analyzers market is segmented into the Brazil, Argentina, and the Rest of the South & Central America. The Rest of the South & Central America dominated the South & Central America coagulation analyzers market share in 2022.
Abbott Laboratories; Danaher Corp; F. Hoffmann-La Roche Ltd; Horiba Ltd.; Nihon Kohden Corp; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; Siemens Healthcare GmbH; Sysmex Corporation; and Thermo Fisher Scientific Inc are the leading companies operating in the South & Central America coagulation analyzers market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Coagulation Analyzer Market – By Product
1.3.2 South & Central America Coagulation Analyzer Market – By Test
1.3.3 South & Central America Coagulation Analyzer Market – By Technology
1.3.4 South & Central America Coagulation Analyzer Market – By End Users
1.3.5 South & Central America Coagulation Analyzer Market – By Country
2. South & Central America Coagulation Analyzer Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Coagulation Analyzer Market – Market Landscape
4.1 Overview
4.2 South and Central America – PEST Analysis
4.3 Expert Opinion
5. South & Central America Coagulation Analyzer Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Blood Disorders
5.1.2 Rising Incidence of Cardiovascular Diseases
5.2 Market Restraints
5.2.1 High Costs and Stringent Regulations Associated with Coagulation Analyzers
5.3 Market Opportunities
5.3.1 Increasing Organic and Inorganic Strategies by Key Players
5.4 Future Trends
5.4.1 Development of Point-of-Care (POC) Coagulation Analyzers
5.5 Impact Analysis
6. Coagulation Analyzer Market – South & Central America Analysis
6.1 South & Central America Coagulation Analyzer Market Revenue Forecast & Analysis
7. South & Central America Coagulation Analyzers Market Analysis – By Product Type
7.1 Overview
7.2 South & Central America Coagulation Analyzers Market Revenue Share, by Product Type (2021 and 2028)
7.3 Clinical Laboratory Analyzers
7.3.1 Overview
7.3.2 Clinical Laboratory Analyzers: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 System
7.3.3.1 Overview
7.3.3.2 System: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
7.3.4 Consumables
7.3.4.1 Overview
7.3.5 Consumables: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Point of Care Testing Analyzers
7.4.1 Overview
7.4.2 Point of Care Testing Analyzers: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Coagulation Analyzers Market Analysis – By Test
8.1 Overview
8.2 South & Central America Coagulation Analyzers Market Revenue Share, by Test (2021 and 2028)
8.3 Prothrombin Time Testing
8.3.1 Overview
8.3.2 Prothrombin Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Fibrinogen Testing
8.4.1 Overview
8.4.2 Fibrinogen Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Activated Clotting Time Testing
8.5.1 Overview
8.5.2 Activated Clotting Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.6 D-Dimer Testing
8.6.1 Overview
8.6.2 D-Dimer Testing : South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Activated Partial Thromboplastin Time Testing
8.7.1 Overview
8.7.2 Activated Partial Thromboplastin Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Platelets Function Testing
8.8.1 Overview
8.8.2 Platelets Function Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Coagulation Analyzers Market Analysis – By Technology
9.1 Overview
9.2 South & Central America Coagulation Analyzers Market Revenue Share, by Technology (2021 and 2028)
9.3 Optical Technology
9.3.1 Overview
9.3.2 Optical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Mechanical Technology
9.4.1 Overview
9.4.1.1 Mechanical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Electrochemical Technology
9.5.1.1 Overview
9.5.2 Electrochemical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Coagulation Analyzers Market Analysis – By End User
10.1 Overview
10.2 South & Central America Coagulation Analyzers Market Revenue Share, by End User (2021 and 2028)
10.2.1 Clinical Laboratories
10.2.1.1 Overview
10.2.1.2 Clinical Laboratories: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 Hospital
10.2.2.1 Overview
10.2.2.2 Hospital: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
10.2.3 Others
10.2.3.1 Overview
10.2.3.2 Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
11. South and Central America Coagulation Analyzers Market Analysis and Forecasts To 2028 – Country Analysis
11.1 Overview
11.1.1 South & Central America Coagulation Analyzers Market, by Country, 2021& 2028 (%)
11.1.1.1 Brazil: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.1.1 Brazil: South & Central America Coagulation Analyzers Market, by Product, 2019–2028 (USD Million)
11.1.1.1.1.1 Brazil: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers, 2019–2028 (USD Million)
11.1.1.1.2 Brazil: South & Central America Coagulation Analyzers Market, by Test, 2019–2028 (USD Million)
11.1.1.1.3 Brazil: South & Central America Coagulation Analyzers Market, by Technology, 2019–2028 (USD Million)
11.1.1.1.4 Brazil: South & Central America Coagulation Analyzers Market, by End Users, 2019–2028 (USD Million)
11.1.1.2 Argentina: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.1 Argentina: South & Central America Coagulation Analyzers Market, by Product, 2019–2028 (USD Million)
11.1.1.2.1.1 Argentina: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers, 2019–2028 (USD Million)
11.1.1.2.2 Argentina: South & Central America Coagulation Analyzers Market, by Test, 2019–2028 (USD Million)
11.1.1.2.3 Argentina: South & Central America Coagulation Analyzers Market, by Technology, 2019–2028 (USD Million)
11.1.1.2.4 Argentina: South & Central America Coagulation Analyzers Market, by End Users, 2019–2028 (USD Million)
11.1.1.3 Rest of South & Central America: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.3.1 Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Product, 2019–2028 (USD Million)
11.1.1.3.1.1 Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers, 2019–2028 (USD Million)
11.1.1.3.2 Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Test, 2019–2028 (USD Million)
11.1.1.3.3 Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Technology, 2019–2028 (USD Million)
11.1.1.3.4 Rest of South & Central America: South & Central America Coagulation Analyzers Market, by End Users, 2019–2028 (USD Million)
12. Coagulation Analyzers Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Coagulation Analyzers Market
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 Abbott Laboratories
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Danaher Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Siemens Healthcare GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Thermo Fisher Scientific Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sysmex Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Horiba Ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nihon Kohden Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 F. Hoffmann-La Roche Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil: South & Central America Coagulation Analyzers Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil: South & Central America Coagulation Analyzers Market, by Test – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil: South & Central America Coagulation Analyzers Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil: South & Central America Coagulation Analyzers Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina: South & Central America Coagulation Analyzers Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers – Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina: South & Central America Coagulation Analyzers Market, by Test – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina: South & Central America Coagulation Analyzers Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 10. Argentina: South & Central America Coagulation Analyzers Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 11. Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Clinical Laboratory Analyzers – Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Test – Revenue and Forecast to 2028 (USD Million)
Table 14. Rest of South & Central America: South & Central America Coagulation Analyzers Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 15. Rest of South & Central America: South & Central America Coagulation Analyzers Market, by End Users – Revenue and Forecast to 2028 (USD Million)
Table 16. Recent Inorganic Growth Strategies in the Coagulation Analyzers Market
Table 17. Recent Organic Growth Strategies in the Coagulation Analyzers Market
Table 18. Glossary of Terms, South & Central America Coagulation Analyzers Market
LIST OF FIGURES
Figure 1. South & Central America Coagulation Analyzer Market Segmentation
Figure 2. South & Central America Coagulation Analyzer Market Segmentation, By Country
Figure 3. South & Central America Coagulation Analyzer Market Overview
Figure 4. Clinical Laboratory Analyzers Held Largest Share Of Type Segment In South & Central America Coagulation Analyzer Market
Figure 5. Brazil Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. South And Central America: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. South & Central America Coagulation Analyzer Market Impact Analysis Of Driver And Restraints
Figure 9. South & Central America Coagulation Analyzer Market – Revenue Forecast and Analysis – 2020- 2028
Figure 10. South & Central America Coagulation Analyzers Market Revenue Share, by Product Type (2021 and 2028)
Figure 11. Clinical Laboratory Analyzers: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. System: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Consumables: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Point of Care Testing Analyzers: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. South & Central America Coagulation Analyzers Market Revenue Share, by Test (2021 and 2028)
Figure 16. Prothrombin Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Fibrinogen Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Activated Clotting Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. D-Dimer Testing : South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Activated Partial Thromboplastin Time Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Platelets Function Testing: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. South & Central America Coagulation Analyzers Market Revenue Share, by Technology (2021 and 2028)
Figure 24. Optical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Mechanical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Electrochemical Technology: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. South & Central America Coagulation Analyzers Market Revenue Share, by End User (2021 and 2028)
Figure 29. Clinical Laboratories: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Hospital: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. South & Central America Coagulation Analyzers Market, by Key Country – Revenue (2022) (USD Million)
Figure 33. South & Central America Coagulation Analyzers Market, by Country, 2021& 2028 (%)
Figure 34. Brazil: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
Figure 35. Argentina: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
Figure 36. Rest of South & Central America: South & Central America Coagulation Analyzers Market – Revenue and Forecast to 2028 (USD Million)
Figure 37. Growth Strategies in the Coagulation Analyzers Market
- Abbott Laboratories
- Danaher Corp
- F. Hoffmann-La Roche Ltd
- Horiba Ltd.
- Nihon Kohden Corp
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Siemens Healthcare GmbH
- Sysmex Corporation
- Thermo Fisher Scientific Inc
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