Health

Factors and Trends Impacting the Growth of the Adult Hemoglobinopathy Testing Market

Hemoglobinopathy is a common hereditary disease, encompassing genetic disease of hemoglobin mostly in the form of thalassemia or structural hemoglobin variants.

Underdeveloped countries of the Mediterranean region, Africa, and Southeast Asia have the highest occurrence of hemoglobinopathy disorders, especially sickle cell anemia and thalassemia.

Growing awareness regarding hemoglobinopathy disorders coupled with various private and public initiatives is fuelling the growth of the global adult hemoglobinopathy testing market.

According to the new report by Persistence Market Research (PMR), the global adult hemoglobinopathy testing market is estimated to slowly gain momentum in the coming years.

Gain More Insights about this Report

In terms of revenue, during the forecast period 2018-2026, the global adult hemoglobinopathy testing market is anticipated to reach a valuation of US$ 420.3 Mn by 2026, expanding at a moderate 3.9% CAGR.

Experts at PMR have studied the growth trajectory of the global adult hemoglobinopathy testing market, with comprehensive insights on the performance of the various regional markets. Europe is anticipated to be the most lucrative region for the hemoglobinopathy testing market, owing to the growing population migration.

To Remain ‘Ahead’ Of Your Competitors, Request for a Sample Here @ https://www.persistencemarketresearch.com/samples/24142

 

Since, hemoglobinopathy diagnosis is a complex and expensive process, with long-tern therapies to correct the disorder, costs associated with adult hemoglobinopathy testing further increases.

However, several insurance benefits from the Governments and inclusive reimbursement systems for diagnostic tests and treatments in the U.S and Europe, creates a favorable environment for the growth of the global hemoglobinopathy testing market.

However, lack of awareness- about the disorder and the treatment among certain sections, especially in underdeveloped and developing economies, is a major factor restricting the growth of the global hemoglobinopathy testing market.

Key players in the global hemoglobinopathy testing market have been channelizing efforts towards development of new technologies such as HPLC tandem mass spectrometric (LC MS/MS) and point of care testing.

Increased Immigration of High-Risk Population Contributing to Adult Hemoglobinopathy Testing Adoption

The World Health Organization has identified Sickle Cell Anemia as a global health problem, mostly prevalent in African and sub-Asian regions.

A large population, from the affected areas are migrating to Europe and North America, thereby increasing pool of newly diagnosed cases of hemoglobinopathy disorders. In the wake of increased migration, the adult hemoglobinopathy testing market is expected to swing up in northern and central Europe, particularly Germany.

Similarly, with increased migration from Asia, North America has witnessed an increase in the hemoglobinopathy detected cases, thereby, fuelling the hemoglobinopathy testing market over the forecast period.

In the lieu of increasingly hemogloinopathy genotypes, policy makers have been implementing several public health interventions including screening programs and genetic testing and counselling, which will further drive the global adult hemoglobinopathy testing market in the coming year.

For Critical Insights On The Adult Hemoglobinopathy Testing Market, Request For Customization Here @ https://www.persistencemarketresearch.com/request-customization/24142

Genetic & Molecular Testing to Propel Adult Hemoglobinopathy Testing Market; Diagnostic Advancements to Present Investment Opportunities

Since hemoglobinopathy is a genetic cure, there is no permanent cure it. However, to fight that, government and non-government policymakers are continually rolling out advance testing methods for hemoglobinopathy diagnosis, especially in underdeveloped and developing economies more prone to hemoglobinopathy, creating an opportunity for prenatal diagnostic testing and molecular testing.

Governments are developing adequate facilities for prenatal diagnosis along with establishments to manage existing hemoglobinopathy patients. Premarital and prenatal genetic testing for the sickle cell trait identification is rapidly gaining popularity in developed as well as developing countries.

Moreover, growing demand for rapid and accurate detection tests is expected to provide lucrative opportunities to new players in the adult hemoglobinopathy testing market coupled with research and development activities, further augmenting the adoption of hemoglobinopathy testing techniques.

Lack of early and precise detection in the Sub-Saharan African region results in early mortality in hemoglobinopathy patients.

Low-cost therapies, rapid POC diagnosis methods, and collaboration with government and NGOs for more novel diagnostic methods are likely to present investment opportunities to manufacturers in the global hemoglobinopathy testing market.

For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/24142

Company Profiles

  • Bio-Rad Laboratories, Inc.
  • Thermo Fisher Scientific Inc.
  • PerkinElmer Inc.
  • Chromsystems Instruments & Chemicals GmbH
  • BioMedomics, Inc
  • CapitalBio Technology Inc
  • Overview
  • Trinity Biotech
  • Streck, Inc .
  • Others

Explore Extensive Coverage of PMR`s Life Sciences & Transformational Health Landscape

Neuropathic Pain Market – Neuropathic Pain Market Segmented By Tricyclic Anti-Depressants Anticonvulsants, Serotonin–Norepinephrine Reuptake Inhibitor, Capsaicin Cream, Local Anaesthesia, Opioids, Steroids Drug Class by Diabetic Neuropathy, Trigeminal Neuralgia, Post-Herpetic Neuralgia, Chemotherapy-induced Peripheral Neuropathy Indication. For More Information

Uterine Cancer Diagnostic Testing Market – Uterine Cancer Diagnostic Testing Market Segmented By Endometrial Carcinoma, Uterine Sarcoma Cancer Type by Abdominal Ultrasound Scanning, Transvaginal Ultrasound Scanning, Endometrial Biopsy, Hysteroscopy, Dilation and Curettage, Complete Blood Count, CA125 Marker Blood Test. For More Information

About us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact us:

305 Broadway, 7th Floor
New York City, NY 10007
United States
Ph.no. +1-646-568-7751
E-mail id- [email protected]
Website: https://www.persistencemarketresearch.com

Yuvraj kore

Welcome to our blog! My name is Yuvraj Kore, and I am a blogger who has been exploring the world of blogging since 2017. It all started back in 2014 when I attended a digital marketing program at college and learned about the intriguing world of blogging. As I started to learn more about blogging, I realized that this platform has immense potential to share ideas, experiences, and knowledge with the world. The more I dived into it, the more passionate I became about blogging. My passion for blogging was fueled by the mentorship and guidance of Akshay Sir from Goa, who was instrumental in teaching me the ropes of this exciting world. Under his guidance, I honed my blogging skills and gained valuable experience, which I am happy to share with my readers.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button