Global Hematology Market is set to witness a CAGR of 3% to 5% by 2027 - Transforming Patient Care

Hematology is a segment of medicine related to the analysis of blood and blood-forming organs. It covers a broad spectrum of benign and malignant diseases and conditions of the red and white blood cells, platelets and the coagulation system in adults and kids. The specialists in hematology research, diagnose and treat a various medical conditions such as anemia, bleeding disorders such as hemophilia, blood clots, sickle cell disease, and blood cancers such as leukemia, lymphoma, and myeloma.

Impact of Covid-19 Pandemic on the Global Hematology Market

The Covid-19 pandemic had favorably affected the global hematology market as there was a growing focus on hematology parameters for the analysis of Covid-19 across the world. Covid-19 had bolstered the demand for hematology analyzers which were often used to run tests such as blood levels, complete blood counts, and multiple analysis of the blood sample. The lungs were the most affected organs by COVID-19 virus. A hematology test is necessary to monitor the lungs and the RBC count. When the alveoli (tiny air sacs) are damaged, the bronchial tubes collapses, which causes blockage of air exchange. The red blood cells are also unable to carry and transport oxygen. This further affects the patient who is already infected with the Covid virus and hence the patient is not able to breathe nor he has enough oxygen in his body.?

AI-Powered Automatic Hematology Analyzers Projected to Advance the Diagnostic Capabilities of Laboratories

For analyzing hematological diseases, most of the hematology analyzers offers only basic information. As the volume of information generated by hematology analyzers increase, clinicians and doctors are overloaded with data and they face problems in analyzing the crucial information. The advancement of AI-powered automatic hematology analyzers applies artificial intelligence (AI) analysis to generate interpretable data which helps to reduce the turn-around time, minimize technical misclassifications and decrease the workload of clinicians.

For instance, DH-615 hematology analyzer from Dymind Biotechnology, which is based on fluorescent nucleic acid staining technology and the company’s proprietary AI Cube technology combines 6-DIFF with RET, vastly improves the identification of abnormal cells and improves the ability to analyze hematological diseases.

“An increasing cases of blood disorders, technological innovations in hematology analyzers, and growing digital transformation of hematology laboratories globally are the major factors fueling the growth of global hematology market. Approximately, 80 million people alone are affected with blood disorders in EU.”-Director, Leading Manufacturer of Hematology Analyzers, USA

Competitive Landscape Analysis: Global Hematology Market

The global hematology market is marked by the presence of leading and established market players such as Sysmex Corporation , 贝克曼库尔特 , Danaher Corporation , 西门子医疗 , 雅培 , 深圳迈瑞 , Nihon Kohden America , Boule Diagnostics AB , Bio-Rad Laboratories , HORIBA , Drew Scientific ., among others.

Aggressive Growth Strategies Adopted by the Key Market Players to Establish Their Foothold in the Global Hematology Market

The leading players operating in the global hematology market have adopted both organic and inorganic growth strategies such as new product launches, collaborations, advancements and partnerships to gain a higher market share in the global market.

For instance,

• In July 2022, Beckman Coulter and Scopio Labs partnered to increase the adoption of hematology digital cell morphology platform.

The outlook of the global hematology market looks promising due to the consistent technological innovations in hematology analyzers, rising demand for laboratory automation to improve precision and efficiency, an increasing cases of blood disorders and adoption of aggressive growth strategies followed by the established market players.

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