Various factors are adding to the global HbA1c testing market growth. Such factors, according to the new MRFR report, include investment in R&D for novel drugs, improved drug delivery, sedentary lifestyle, obesity, and improper diet. Besides, increasing geriatric population, rising prevalence of diabetes, increased scope of medical tourism, growing awareness to manage diabetes, proliferated diagnostic laboratories, especially in remote locations of China and India, and demand for handheld analyzers are also adding market growth.
The global HbA1c testing market is likely to touch USD 1,992.44 million at a 12.24% CAGR between 2019- 2025, as per Market Research Future's (MRFR) new report. HbA1c or hemoglobin A1c test is a blood test used to diagnose and monitor type 1 & type 2 diabetes. This is a protein that links with sugars like glucose that is found in red blood cells. Patients having diabetes have a high level of HbA1c in their body as this form during the process called glycosylation that includes glucose conversion into glycogen, especially for storage purposes.
Key Players
Eminent players profiled in the global HbA1c testing market report include Tosoh India Pvt. Ltd. (India), Rapid Diagnostics Group of Companies (India), Trinity Biotech PLC (Ireland), CPC Diagnostics Pvt. Ltd. (India), DiaSys Diagnostic Systems GmbH (Germany), PTS Diagnostics (US), Agappe Diagnostics Ltd (India), EKF Diagnostics (UK), Transasia Bio-Medicals (India), Siemens Healthineers (US), Danaher Corporation (US), F. Hoffmann-La Roche Lt (Switzerland), ARKRAY, Inc. (Japan), and Abbott Laboratories (US).
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Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global HbA1c testing market report based on end user, technology, and product.
By Products
Kits & Instruments
Reagents
By Technology
TINIA
Enzymatic Assay
Ion-Exchange HPLC
Others
By End user
Diagnostic Laboratories
Hospitals and Clinics
Others
Regional Analysis
Based on the region, the HbA1c testing market report covers the recent trends & growth opportunities across Europe, the Asia Pacific (APAC), the Americas, Latin America, and the Middle East & Africa (MEA). Among these, the Americas will dominate the market over the forecast period for the joint ventures by private and public organizations in Canada & US, awareness campaigns, and research.
The global HbA1c testing market in Europe is predicted to hold second-largest share over the forecast period for various strategic activities encompassed by prominent players in the region, such as agreements and partnerships and increasing use of advanced diagnostic devices and tools.
The global HbA1c testing market in the Asia Pacific region is predicted to develop at the fastest pace during the forecast period. The rising per capita disposable income and developing healthcare infrastructure are adding market growth.
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The global HbA1c testing market in Latin America and the MEA is likely to have steady growth during the forecast period due to limited access to healthcare. Meanwhile, the accessibility of new advanced treatment and increasing awareness about healthcare are likely to boost the market growth.
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