According to a new report, published by KBV research, The Global Platelet Aggregation Devices Market size is expected to reach $1.1 billion by 2030, rising at a market growth of 5.5% CAGR during the forecast period.
In cardiovascular medicine, these devices have emerged as indispensable tools. They help doctors figure out how well antiplatelet medications work for patients. By checking the effectiveness of these medications, these devices help healthcare providers make smart choices, stopping blood clot issues and improving results for people with heart problems. The adoption of these devices is widespread across diverse healthcare settings, including hospitals, diagnostic laboratories, and research institutions. These devices play a pivotal role in hemostasis assessment, guiding therapeutic decisions for conditions ranging from bleeding disorders to cardiovascular diseases. Global adoption reflects a recognition of the clinical significance of platelet function testing in tailoring treatment approaches and optimizing patient outcomes.
Additionally, several factors contribute to the increased adoption of these devices. The increasing incidence of cardiovascular diseases, the heightened recognition of bleeding disorders, and the focus on precision medicine collectively highlight the significance of platelet function evaluation. Additionally, advancements in technology, automation, and the integration of platelet aggregation testing into routine clinical practice contribute to the expanding footprint of these devices.
The Consumables & Accessories segment is registering a CAGR of 4.8 % during the forecast period. Consumables and accessories are integral to the testing process in platelet aggregation devices. These include reagents, assay kits, cuvettes, and other disposable components necessary for platelet function assessments. As platelet aggregation tests are routinely performed in clinical settings, the consistent need for these consumables drives sustained demand. Thus, there will be increased demand in the segment.
The Research & Academic Institutes segment led dominated the Global Platelet Aggregation Devices Market by End-Use in 2022; thereby, achieving a market value of $456.4 Million by 2030. Research institutions and academic establishments have been at the forefront of studying platelet function and its implications in various health conditions. The increasing prevalence of cardiovascular diseases, bleeding disorders, and other platelet-related conditions has fueled research initiatives aimed at understanding and improving platelet aggregation. Hence, these factors will assist in the expansion of the segment.
The Research segment is growing at a CAGR of 5.1 % during the forecast period. Platelet aggregation devices play a vital role in drug discovery, helping researchers assess the impact of medications on platelet function. Pharmaceutical companies and research institutions often utilize these devices to study antiplatelet drugs and their efficacy. Therefore, the segment will expand rapidly in the coming years.
Full Report: https://www.kbvresearch.com/platelet-aggregation-devices-market/
The North America region dominated the Global Platelet Aggregation Devices Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $402.2 Million by 2030. The Europe region is anticipated to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 6.2% during (2023 - 2030).
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