Hematology Market Company Growth Production Analysis, Key Market Plans, Supply-Demand, Share and Size Elements and Recent Developments

-
Hematology Market
Hematology Market

In the field of medicine known as haematology, blood and blood-related illnesses are studied, treated, and diagnosed. Treatment of blood disorders such leukaemia, cancers, and various types of haemophilia, sickle-cell anaemia, and lymphoma are included. Hematology is divided into four main subspecialties: haematological malignancies, hemoglobinopathies, coagulopathies, and anaemia.

The size of the global Hematology Market is estimated to be US$ 4537.5 million in 2019, and during the forecast period, it is anticipated to grow at a CAGR of 7.80%. (2019–2027).

The prevalence of haemophilia and sickle-cell anaemia is also anticipated to rise, propelling the expansion of the worldwide hematology for market. For instance, the World Federation of Hemophilia (WFH) reported in 2018 that there were approximately 440,000 haemophiliacs worldwide, of which approximately 173,000 had haemophilia A or B.

The worldwide Hematology Market is predicted to develop due to the rising prevalence of blood-related illnesses. The market is expanding significantly as a result of the rising incidence of blood cancer. For instance, more than 1.85 million new instances of blood cancer are anticipated to be identified worldwide in 2040, according to GLOBOCAN 2018. Non-Hodgkin lymphoma accounts for 4% of all cancer cases in the United States, making it one of the more prevalent cancer forms, according to the American Cancer Society. Non-Hodgkin lymphoma was identified in 74,680 people in the United States in 2018.

Additionally, according to the World Health Organization, anaemia prevalence among children was around 45% in 2018 and 12% among males. This prevalence is rising quickly across the globe Hematology Market. Similarly, anaemia affects 40% of pregnant women and 30% of women of reproductive age worldwide, according to the National Institutes of Health (NIH). Over the course of the forecast period, it is anticipated that strict regulatory and reimbursement rules on new launches and product recalls owing to safety violations will restrain market expansion.

For instance, a Japanese manufacturer of medical devices by the name of Sysmex recalled 3,682 XN Series Automated Hematology Analyzers in April 2017 due to an increase in fire incidents brought on by the improper alignment of an internal protective sheet meant to shield electronic components from salty air.

Comments

Post a Comment

Popular posts from this blog

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

Endometrial Ablation Market Analysis, Industry Scope, Global Opportunity Analysis and Forecast Till 2027

-
Image
Endometrial Ablation Market Endometrial ablation is a procedure used to treat abnormally high uterine bleeding that cannot be managed by medicine by facilitating the destruction of the endometrium, a thin layer of the uterine wall. According to the American College of Obstetrics and Gynecology, Endometrial Ablation Market is not indicated for women who have endometrial diseases, endometrial hyperplasia, uterine cancer, a recent pregnancy, and specific uterine infections (ACOG). There are various endometrial ablation procedures available, including radiofrequency, heated fluid, heated balloon, electrosurgery, freezing, and microwave ablation techniques, depending on the technique and kind of patient being treated. The easy access to recently developed sophisticated ablation technology, convenience of use, shorter treatment times, and outpatient facilities, North America dominates the Endometrial Ablation Market . Endometrial ablation devices would see a sharp rise in global adoption d
Read more

Blowing Agents Market Top Companies, Trends & Growth Factors, and Trend Forecast to 2025

-
Image
Blowing Agents Market The Blowing Agents Market is experiencing substantial growth, driven by the expanding demand from various industries such as construction, automotive, and packaging. Blowing agents are essential in foam production processes, contributing to lightweight and energy-efficient materials. Key market players are continuously investing in research and development to introduce eco-friendly and efficient blowing agents. The rising awareness regarding environmental concerns has led to the adoption of low global warming potential (GWP) and zero ozone depletion potential (ODP) blowing agents. Additionally, stringent regulations and policies promoting sustainable manufacturing practices have further accelerated the demand for environmentally friendly blowing agents. The market is witnessing a trend toward the adoption of innovative technologies to improve production efficiency and product performance. Advanced nucleating agents and microcellular foaming technologies are enhan
Read more