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Research Report: Glycated Hemoglobin Testing Market 2014

Glycated hemoglobin (HbA1c) is a form of hemoglobin that helps to measure and identify the average plasma glucose concentration over the medium term of approximately 3 months (life-span of an average red blood cell). When hemoglobin gets exposed to plasma glucose HbA1c is formed through a non-enzymatic glycation pathway. Glycated hemoglobin build-up is observed within the red blood cell and reflects the average level of glucose to which the cell has been exposed during its life-cycle. An interesting fact observed that a person without diabetes, a typical HbA1c level reading amounts to 5 percent, while the reading is 8 percent or more for patients with poorly controlled diabetes and less than 7 percent for patients with well controlled diabetes. Glycated hemoglobin testing market can be segmented on the basis of test criteria as HbA1c POC testing market and HbA1c laboratory testing market.

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The global glycated hemoglobin testing market is majorly driven by the increasing incidence of diabetes and growing awareness about HbA1c testing among patients and medical practitioners. The growing acceptance and use of POC HbA1c testing which can provide patient comfort and standardized laboratory-quality results and increasing mergers and acquisitions are providing a space of innovation and development in this field. Despite the multiple driving factors, certain factors such as confronting the market in presence of substitutes such as test strips, lancets, glucose meters and continuous blood glucose meters for monitoring diabetes in patients are expected to hold back the growth of this market. The presence of limited approval for assays also is another key challenge for this market.

North America currently leads the global glycated hemoglobin testing market due to the availability of easily accessible modern healthcare facilities, efficient healthcare infrastructure, high diabetes prevalence and better awareness among the patients and physicians. In terms of market share, North America is further followed by Europe and Asia-Pacific which are considered to be the most potential and growing market for glycated hemoglobin testing because of increasing prevalence of diabetes, developing healthcare facilities, increasing awareness about diabetes and economic development in economies.

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Some of the key players contributing to the global glycated hemoglobin testing market include Beckman Coulter, Inc., Roche Holdings AG., Abbott Laboratories, Alere, Inc., ARKRAY Inc., A. Menarini Diagnostics Ltd., Bio-Rad Laboratories, Inc., Diazyme Laboratories, Inc., Bayer AG, Roche Holdings AG, Trinity Biotech Plc, Pointe Scientific, Inc., Randox Laboratories Ltd. and others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow

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