The Fact.MR analysis on leukocyte count testing market provides insights into recent developments across various segments in the market including products, modal, and end-users. Increasing investment in point of care testing devices and adoption of telemedicine technologies for home care will remain chief growth drivers of the market.
Fact.MR: Rising incidence of bacterial infections and chronic diseases, particularly cancer has underscored the need for accurate leukocyte count testing products, creating significant opportunities for expansion.
Increasing adoption of point-of-care testing devices and investments by government bodies and suppliers of leukocyte count testing devices for optimal product development will provide tailwinds to sales of leukocyte count testing devices. Taking cue from these trends, FMI projects the market to expand at a robust 7-8% CAGR between 2021 and 2031.
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Growing preference for telemedicine and at-home testing devices has significantly fueled the demand for leukocyte count testing. Easy accessibility, mobile compatibility, and convenience are major factors driving sales of leukocyte count testing devices.
With the advent of COVID-19, numerous industries were adversely affected due to decreased sales and disrupted supply chains. Restrictions in movement resulted temporarily postponed medical appointments and diagnostic testing procedures.
However, these challenges allowed manufactures of leukocyte count testing devices to develop at-home testing devices for early diagnosis. Patients and clinicians largely preferring leukocyte count testing at home during the pandemic, positively shaped the demand outlook for leukocyte count testing market.
Key Segments
By Product Type
- Automatic
- Manual
By Modal
- Benchtop
- Portable
By End User
- Hospital
- Clinics
- At home
- Others
Key Takeaways from Leukocyte Count Testing Market Analysis
- Sales of leukocyte count testing devices are anticipated to rise considerably at a CAGR of 7-8% CAGR between 2021 and 2031.
- In terms of product, the automatic leukocyte count testing market is anticipated to lead the market.
- Based on end-users, sales of at-home leukocyte count testing devices will gain significant traction.
- The U.S. leukocyte count testing market is anticipated to witness lucrative growth patterns, owing to high adoption of digital healthcare technology.
- Canada automatic leukocyte count testing devices market is estimated to grow at a steady pace with global players expanding their operations in the country.
- Germany manual leukocyte count testing devices market is estimated to share the largest market share, due to national healthcare reimbursement policies in the country.
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U.S. and Canada Leukocyte count testing Market Outlook
The U.S. is anticipated to be the largest market for leukocyte count testing owing to its high adoption of advanced digital technology, awareness among the patients, well-developed healthcare infrastructure, and supportive government policies. The U.S leukocyte count testing market is likely to set considerable growth during the forecast period 2021-2031.
Like the U.S, Canada is also creating big opportunities for the market players in leukocyte count testing product launch and development. Meanwhile, many top U.S leukocyte count testing market leaders are expanding their facilities in Canada.
Competitive Landscape
Leading players in the market are emphasizing product developments, strategic collaborations, and incorporation of technology in testing devices as their prominent market expansion strategies. For instance:
In March 2019, Hemocue launched an in-office hemoglobin count system in the U.S., which enables enhanced lab-quality results and allows more engagement in the overall healthcare process.
Top Distributors of Leukocyte Count Testing Include:
- Hemocue
- Unico
- Electronics India
- Woodley Equipment Company Ltd
- Radiometer Medical ApS
- Erma Inc.
- Shenzhen Prokan Electronics Inc.
- NanoEnTek Inc.
- Glaswarenfabrik Karl Hecht GmbH & Co KG
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