Press release
Hemoglobin A1c Testing Devices Industry to Witness Massive Growth (2024-2031) | Bio-Rad Laboratories, Inc., Abbott Laboratories, A.Menarini Diagnostics Ltd., Roche Diagnostics
Global Hemoglobin A1c Testing Devices Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2024-2031.Hemoglobin A1c testing devices measure the percentage of hemoglobin A with glucose attached in the blood, a key indicator for monitoring blood glucose levels. This test helps assess whether the body produces enough insulin and how effectively cells absorb it. Elevated hemoglobin A1c levels indicate high average blood glucose levels over the past few months, which can signal the onset of diabetes-a condition that, if uncontrolled, can cause serious organ damage.
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Market Dynamics:
The rising prevalence of diabetes globally is driving the demand for routine blood glucose monitoring, which in turn is boosting the market for hemoglobin A1c testing devices. According to the WHO, around 422 million people worldwide have diabetes, with the majority living in low- and middle-income countries, and 1.5 million deaths annually are directly linked to the disease. As diabetes cases continue to increase, advancements in hemoglobin A1c testing devices, along with the growing prevalence of chronic diseases, are expected to further propel market growth.
Segment Covered in the Hemoglobin A1c Testing Devices Market:
By Device Type: Handheld Devices, Bench-Top Devices
By Technology: Boronate Affinity Chromatography, Immunoassay, Ion-exchange High-performance Liquid Chromatography (HPLC), Direct Enzymatic Assay, Others
By End-Users: Hospitals, Clinics, Laboratories, Others
Top Major Key Players
• Bio-Rad Laboratories Inc.
• Abbott Laboratories
• A.Menarini Diagnostics Ltd.
• Roche Diagnostics
• Diazyme Laboratories Inc.
• EKF Diagnostics Holdings Plc
• PTS Diagnostics
• Siemens Healthineers
• ARKRAY Inc.
• Meril Life Sciences Pvt. Ltd
Regional Analysis:
The global Hemoglobin A1c Testing Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Hemoglobin A1c Testing Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Hemoglobin A1c Testing Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Related Reports
High-performance Liquid Chromatography (HPLC) Market: https://www.datamintelligence.com/research-report/high-performance-liquid-chromatography-market
Immunoassay Market: https://www.datamintelligence.com/research-report/immunoassay-market
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