D-dimer Market

D-dimer Market analysis research and trends report for 2017-
2024: Global Market Insights Inc.
D-dimer Market size is projected to experience significant growth from 2017 to
2024.Increasing demand for D-dimer tests due to high accuracy, cost effectiveness,
and lack of radiological interventions will drive the global D-dimer market size. Growing
prevalence of high level d-dimer in women at an early age due to higher burden of
associated diseases will boost the industry size. Moreover, increase in occurrence of
cardiovascular and pulmonary diseases coupled with growing demand for advanced
coagulation testing techniques and rising lifestyle induced diseases will fuel the
product demand over the forecast years.
The increasing cost-containment pressures in major established nations and constant
technological advances will radically change coagulation testing practice during the
forecast period. Technological advancements have contributed majorly in reducing the
cost associated with tests at POCs and laboratories. Stringent regulatory guidelines
for listing of devices and manufacturing practice may hamper d-dimer market growth.
Low specification when used in special setting such as in oncology patients, elderly
patients, and pregnant women can limit industry size.
Based on application, the industry is segmented into deep venous thrombosis testing,
pulmonary embolism testing and disseminated intravascular coagulation testing.
Pulmonary embolism testing market is estimated to dominate the industry due to its
growing prevalence among geriatric population. Deep venous thrombosis (DVTs)
testing is also likely to grow at a substantial rate over the forecast period.
Pulmonary Embolism (PE) is the third-most-common cause of death in the U.S., after
heart attack and stroke. According to American Society for Clinical Pathology,
thromboembolic disease, which comprises DVTs, PEs, and associated medical
complications, marks more than 600,000 people in the country each year and
generates approximately USD 10 billion.
Europe will experience a substantial growth with mounting clinical trial, technological
advancement, and therapeutic practices. The National Health Service (NHS) records
around 1 person in 1,000 with DVT in the U.K. every year. Increasing opportunities to
implement rapid diagnostic testing to improve operations, improved health care
awareness, and preference of the people for preventive health checkups will fuel the
industry size.
Asia Pacific is forecast to grow at highest rate with increasing number of patients
demanding test for coagulation as well as introduction of more sensitive and specific
markers of hemostasis on automated instruments. Diagnostic laboratories are facing
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challenges in delivering high-quality, efficient and timely testing solutions due to rising
health care awareness and stringent regulations that pressurize health care budgets.
Brazil d-dimer market will dominate Latin America during the forecast period due to
rising incidence rates of cardiovascular diseases associated with changing lifestyle
habits. South Africa witnessed the highest share in MEA region owing to growing
elderly population, prevalence of higher d-dimer levels in black race and female sex.
Some of the industry players in d-dimer market include Abbott Laboratories, F.
Hoffman-La Roche, Beckman Coulter, Alere, Bio/Data, Becton Dickinson, Sysmex,
Siemens Healthcare, Trinity Biotech and Thermo Fisher Scientific. Competition is
growing among industry players across all regions with increasing technological
advancements.
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