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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