As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global market for haematology analyser and reagent is expected to be driven by the increasing health consciousness. This is leading to a rise in the number of health check-ups globally, which indirectly leads to an increase in the frequency of blood tests. Haematology analysers and reagents are a fundamental requirement of blood sample analysis. Hence, the increased throughput is expected to increase the production capacity of the analysers and reagents industry. The spread of disease awareness and blood bank campaigns have led to a higher number of volunteers for donations, for which rigorous sample testing is required. This is predicted to further drive the demand for haematology analysers and reagents.
On 12th April 2020, Horiba, Ltd. (OTCMKTS: HRIBF) entered into a partnership with the University Hospital of Montpellier to provide their haematology analysers for use in testing blood samples in COVID-19 research. This is due to multiple studies demonstrating the efficacy of these analysers for sorting COVID patients. Horiba is one of the leading manufacturers of haematology analysers, and the partnership is expected to highlight the importance of these devices during the pandemic. Abbott Laboratories (NYSE: ABT) has stressed on the importance of its CELL-DYN and ALINITY analyser series in identifying patients that may require escalated care. Hence, the pandemic is expected to significantly boost growth of the haematology analyser and reagent industry.
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The major players in the global haematology analyser and reagent market are Abbott Laboratories, Beckman Coulter, Inc., HORIBA Ltd, Siemens Healthcare Private Limited, Nihon Kohden Corporation, and Sysmex America, Inc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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