India Haematology Analyzer Market to grow at a Substantial Rate During the Forecast Period
Rising prevalence of blood
disorder is expected to drive the growth of India haematology analyzer market
during the forecast period.
According
to TechSci Research report, “India Haematology Analyzer Market By Product Type
(Instruments, Reagents & Consumables and Services), By Price Range
(High-End Hematology Analyzers, Mid-Range Hematology Analyzers, Low-End
Hematology Analyzers), By End User (Hospital Laboratories, Commercial Service
Providers, Government Reference Laboratories, Research and Academic Institutes),
By Application (Anemia, Blood Cancer, Hemorrhagic Conditions, Infection Related
Conditions, Immune system related conditions and Others), By Automation
(Automatic Hematology Analyzers v/s Semiautomatic Hematology Analyzers), By
Company, By Region, Forecast & Opportunities, FY2027”, the India haematology analyzer market is expected to grow
at a substantial rate during the forecast period. Increasing preferences
towards high sensitivity haematology testing in the country is projected to act
as major market driving factor. Moreover, introduction of basic cytometry
techniques analyzer in the market is further expected to fuel the market growth
through FY2027. Furthermore, incorporation of hematology analyzers with flow
cytometry is estimated to boost India haematology analyzer market growth. However,
high cost of hematology analyzers might hamper the growth of India haematology
analyzer market in the years to come. Furthermore, product recalls along with
slow adoption of advanced haematology instruments are some other factors which
might act as major impediments to the growth of India haematology analyzers
market through FY2027.
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The India haematology analyzer market is segmented based on product
type, price range, end user, application, automation, company, and region.
Based on product type, the market can be fragmented into instruments, reagents
& consumables and services. Out of which, the services segment is projected
to register high growth rate in the market which can be accredited to rising adoption
of POC testing hematology analyzers in the country. Besides, launch of
technologically advanced hematology products coupled with availability of a
wide range of services from major hematology providers are some other factors
responsible for the growth of the segment.
Sinduri Biotech, Qtech Scientific
India Pvt. Ltd., Robonik India Pvt. Ltd., HD Consortium India Pvt. Ltd.,
Mindray India Medical Pvt. Ltd., Sysmex India Pvt. Ltd., Inorbvict Healthcare
India Private Limited,
Trivitron Healthcare Pvt. Ltd., Adonis Biotech Private Limited, Bioline
Technologies and others are some of the leading players operating
in India haematology analyzer market. Companies operating in the market are
using organic strategies such as product launches & enhancements,
partnerships, research agreements and mergers and acquisitions in order to
strengthen their product portfolios and maintain a competitive position in the
market.
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“India haematology analyzer market is
expected to witness steady growth during the forecast period on account of ongoing
technological advancements in haematology analyzers and reagents by major
market players. Along with this, increasing public awareness and growing establishment
of diagnostic laboratory chains are further forecasted to bode well for the
growth of haematology analyzer market in the country. Moreover, growing healthcare
expenditure by the government is further expected to create lucrative
opportunities for the market growth of India haematology analyzer market over
the next five years.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based India management consulting firm.
“India Haematology Analyzer Market By Product Type
(Instruments, Reagents & Consumables and Services), By Price Range
(High-End Hematology Analyzers, Mid-Range Hematology Analyzers, Low-End
Hematology Analyzers), By End User (Hospital Laboratories, Commercial Service
Providers, Government Reference Laboratories, Research and Academic Institutes),
By Application (Anaemia, Blood Cancer, Hemorrhagic Conditions, Infection
Related Conditions, Immune system related conditions and Others), By Automation
(Automatic Hematology Analyzers v/s Semiautomatic Hematology Analyzers), By
Company, By Region, Forecast & Opportunities, FY2027”, has evaluated the future growth potential of India haematology
analyzer market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in India haematology analyzer market.
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