The
report titled publication “India Blood Gas and Cardiac Biomarker POC Analyzer
Market Outlook to FY’2025-By Product (Device and Reagent), By Device Type
(Medium to High Workload and Single Test Analyzer Device), By Region (Tier 1,
Tier 2 and Tier 3) and By End User (Hospital, Clinics and Small Health Setup
and Diagnostic Labs)” provides a comprehensive analysis of the
blood gas and cardiac biomarker POC analyzer market in India. The report also
covers the overview and genesis of the industries, overall market size in terms
of revenue, segmentation on the basis of product category, device type, sales
by region and end user, trends and developments, issues and challenges,
government regulations, value chain analysis, SWOT analysis, competitive
scenario and company profiles of major players in both, blood gas and cardiac
POC analyser industry. The report concludes with future market projection and
analyst recommendations highlighting the major opportunities and cautions for
new and existing players in the market.
India Blood Gas and Cardiac Biomarker POC Analyzer Market
Overview and Size
India
blood gas and cardiac biomarker POC analyzer market grew at a double digit
growth rate over the review period FY’2014-FY’2019. The market growth was
supported by increase in public healthcare expenditure, growth in healthcare
infrastructure in the country and rise in elderly population. The markets were
observed to be in growth stage and will continue to remain so in the coming
years. The demand for low cost devices and cheap cost per test alongwith change
in decision making authority from doctors to hospital administration has
significantly affected the growth in the market and has changed the procurement
landscape in the industry.
India Blood Gas and Cardiac Biomarker POC Analyzer Market Segmentation
By Product: Reagent
dominated the market as they have higher replacement rate while devices are
kept on reagent rental leading to lower sales of devices.
By Type of Device: Higher workload devices dominated the blood gas POC market as
blood gas analysis is a acute care portfolio which observes higher number of
tests being conduced while cardiac biomarker POC industry is observed to be dominated
by semi automated small portable systems as low cost devices are preferred in
the market owing to limited number of tests being conducted.
By Region: The blood
gas POC industry witnessed Tier-2 region generating the maximum revenue
followed by Tier-1 and Tier-3 as end users in Tier-2 cannot comply for placing
device on reagent rental due to limited workload. Therefore, they end up buying
the device which results in higher revenue realization for the industry from
this region. On the other hand, the cardiac biomarker POC industry witnessed
Tier-1 generating the highest revenue due to the presence of better healthcare
infrastructure and maximum procedures happening in this region, leading to
higher workload demand from Tier-1 followed by Tier-2 and Tier-3.
By End User: Hospitals
were found to be the biggest end users which generated the maximum revenue for
blood gas and cardiac biomarker POC industry during the review period as both
the markets are based on acute care for which maximum patients undergo
diagnosis and prognosis in hospitals. Clinics and small health setups along
with diagnostic labs occupied the remaining share of the revenue pie due to
limited workload for these end users.
By Type of Biomarker: Troponin dominated the cardiac biomarker POC industry as it
is a true diagnostic marker for determining mycordial damage. CKMB occupied the
second biggest revenue market share as it is tested frequently for determing
the prognosis of cardiac disease followed by NTproBNP which is also tested
regularly to comprehend heart valve disease which has high concentration of
patients in the subcontinent. Markers such as D-dimer, CRP and Procalcitronin occupied
remaining share of the industry as these are used for understanding
inflammation in coronary arteries and have low test volume.
Competitive Landscape
India
Blood gas POC analyzer industry is highly concentrated with major revenue of
the industry being generated by international players such as Radiometer,
Siemens Healthcare, Instrumentation Laboratory, Abbott Healthcare, Roche
Diagnostics and OPTI Medical System. Other players in the industry include
companies such as Guangzhou Wondfo, Sensa Core, Eden and Aspen which occupy low
share in the market. The blood gas POC industry has witnessed higher device
sales coming from handheld analyzers by Abbott and Siemens while higher
workload systems by Radiometer and Instrumentation laboratory have more number
of installations on reagent rental basis in the country. The cardiac biomarker POC analyzer industry is concentrated in
the hands of players like Biomerieux, Quidel, Abbott, Wondfo and Radiometer. Other
players in the industry such as Roche, Diasys, Boditech, Siemens and Agappe
market low cost semi automated devices and occupy the remaining share in the
market. In both the markets, players compete on basis of price, technology,
branding, placement of devices and product portfolio.
India Blood Gas and Cardiac Biomarker POC Analyzer
Market Future Outlook
The blood gas and cardiac biomarker POC analyzer industry is
expected to witness a double digit growth rate in the forecast period
FY’2019-FY’2025. Rapid growth in healthcare expenditure, increase in number of
hospitals, shift towards automated systems for managing higher workload,
adoption of high sensitivity prognostic and diagnostic markers and increasing
penetration of healthcare facilities in Tier-2 and Tier-3 region are expected
to bring positive growth in the market in the coming years.
Key
Segments Covered:-
Blood Gas POC Analyzer Market:
By
Type of Product (Reagent and Device)
By
Type of Device (Medium to High Workload Device and Single Test Analyzer Device)
By
Region (Tier-1, Tier-2 and Tier-3)
By
End User (Hospital, Clinics and Small Health Setup and Diagnostic Lab)
Cardiac Biomarker POC Analyzer Market:
By
Type of Product (Reagent and Device)
By
Type of Device (Semi-Automated Small Portable System and Fully-Automated High
End System)
By
Type of Cardiac Biomarker (Troponin, CKMB, NTproBNP, D-Dimer, CRP,
Procalcitonin and Others)
By
Region (Tier-1, Tier-2 and Tier-3)
By
End User (Hospital, Clinics and Small Health Setup and Diagnostic Lab)
Key Target Audience:-
Blood
Gas Device Manufacturers
Blood
Gas Reagent Manufacturers
Blood
Gas Device Importers
Government
Agencies
Cardiac
Biomarker Analyzer Manufacturers
Cardiac
Biomarker Reagent Manufacturers
Cardiac
Biomarker Device Importers
Blood
Gas and Cardiac Biomarker Analyzer Distributors
Time Period Captured in the Report:-
Historical Period: FY’2014- FY’2019
Forecast Period: FY’2020F– FY’2025F
Companies Covered:-
Blood Gas POC Analyzer:
Radiometer
Siemens Healthcare
Instrumentation Laboratory
Abbott Healthcare
Roche Diagnostics
OPTI Medical System
Guangzhou Wondfo Biotech
Cardiac Biomarker POC Analyzer:-
Biomerieux
Quidel
Diagnostics
Abbott
Healthcare
Guangzhou
Wondfo Biotech
Radiometer
Roche
Diagnostics
Diasys
Diagnostics
Boditec
Med Inc
Agappe
Diagnostics
Siemens
Healthcare
Key Topics Covered in the Report:-
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Value Chain Analysis
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Overview
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Size
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Ecosystem
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Segmentation
Government
Role and Regulation in India Blood Gas and Cardiac Biomarker POC Analyzer Market
Trends
and Developments in Blood Gas and Cardiac Biomarker POC Analyzer Market
Issues
and Challenges in India Blood Gas and Cardiac Biomarker POC Analyzer Market
Competitive
Landscape in India Blood Gas and Cardiac Biomarker POC Analyzer Market
Strength
and Weakness of Major Players in India Blood Gas and Cardiac Biomarker POC
Analyzer Market
End
User Perception in India Blood Gas and Cardiac Biomarker POC Analyzer Market
SWOT
Analysis India Blood Gas and Cardiac Biomarker POC Analyzer Market
India
Blood Gas and Cardiac Biomarker POC Analyzer Market Future Projections, FY’2019-FY’2025F
Analyst
Recommendations
For more information on the research report, refer to below
links:-
Related
Reports:-
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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