Haptoglobin Reagent Market is expected to See Incredible Growth By 2032

Posted by Ganesh Shinde on February 16th, 2023

Over the projected period 2022 to 2032, the Haptoglobin Reagent Market is expected to grow at a CAGR of 7%.

Haptoglobin testing is used to determine the amount of haptoglobin in the blood using haptoglobin reagents and kits, and rising anaemia cases necessitate testing, increasing demand for haptoglobin reagents.

The liver manufactures haptoglobin, which binds with haemoglobin, a type of protein found in red blood cells, and thus plays an important part in bodily functioning, propelling the sales of haptoglobin reagents over the world.

According to various anaemia studies, hemolytic anaemia accounts for about 5% of all anaemia. As a result, the demand for haptoglobin reagents is expected to skyrocket in the future years.

Haptoglobin levels may rise during inflammation and/or infection, and haptoglobin reagents cater to this, resulting in increased haptoglobin reagent sales.

The study sheds light on the drivers boosting haptoglobin reagent sales, as well as the potential for market participants. However, the haptoglobin reagent market confronts significant hurdles that may prevent haptoglobin reagent demand from attaining its full potential.

The Asia-Pacific haptoglobin reagent market is predicted to develop at a moderate rate, however sales of haptoglobin reagents are expected to increase due to a larger patient pool in the forecast years.

The anaemic condition is particularly prevalent in places such as Southeast and Asian nations, where anaemia accounts for about half of maternal fatalities, resulting in a rising haptoglobin reagent market share globally.

Key Players in the Haptoglobin Reagent Market:

Some of the key players present in global haptoglobin reagent market includes Sekisui Diagnostics (Sekisui Chemical), Randox Laboratories, Beckman Coulter Inc. (Danaher Corporation), Kamiya Biomedical Company, ADALTIS S.r.l., SDIX, LLC, Lab Mark A.s., Abbott Laboratories, IBL International (Tecan Group Ltd.), Analytik Jena AG, and others.

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