Pune, India -- (SBWIRE) -- 05/16/2019 -- Our latest research report entitled Glycated Hemoglobin Testing Market (by type (laboratory-based tests and point-of-care test), technique (ion-exchange high-performance liquid chromatography (HPLC), boronate affinity chromatography), end-user (hospitals, diagnostic centers)) provides complete and deep insights into the market dynamics and growth of glycated hemoglobin testing. Latest information on market risks, industry chain structure glycated hemoglobin testing cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential glycated hemoglobin testing growth factors. According to the report the global glycated hemoglobin testing market is projected to grow at a CAGR of 8.9% over the forecast period of 2018-2024.

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Glycated Hemoglobin Testing Market: Insight

The glucose molecules in the blood normally wedged with the hemoglobin molecules present in the blood so the hemoglobin has become glycosylated. The glycated hemoglobin is the one form of hemoglobin that used to measured average plasma glucose concentration. The glycated hemoglobin testing is a measured amount of glycosylated hemoglobin in the blood. Glycated hemoglobin test shows the blood glucose levels over the past six to eight weeks and helps to determine how diabetes is being controlled over time.

Glycated Hemoglobin Testing Market: Drivers and Restraints

The rapidly growing occurrence of diabetes across the globe drives the growth of the glycated hemoglobin test market. According to the WHO, 422 Million adults have been diagnosed with diabetes globally and it has been steadily increasing in the low level and middle-level people. Diabetes is one of the leading causes of death in the world so the need for effective and accurate tests to determine and control diabetes are rising very rapidly. The rising geriatric population and growing awareness about diabetes are contributing to the growth of the glycated hemoglobin market. However, high costs associated with glycated hemoglobin testing devices is hampering the growth of the glycated hemoglobin testing market. Moreover, technological advancements in monitoring technologies and devices and the growing geriatric population are projected to create several opportunities in the glycated hemoglobin test market.

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Glycated Hemoglobin Testing Market: Regional Analysis

Among the geographies, North America holds the maximum market share in the glycated hemoglobin market. The rising prevalence of diabetes in the North America region, especially in the U.S. is driving the growth of glycated hemoglobin market. In the U.S, around 9.5% of their total population has diabetes or prediabetes. In addition, the Asia Pacific region is the fastest growing region in the glycated hemoglobin testing market owing to the growing population, and rising prevalence of diabetes.

Glycated Hemoglobin Testing Market: Segmentation

The report on global glycated hemoglobin testing market covers segments such as type, technique, and end-user. On the basis of type, the global glycated hemoglobin testing market is categorized into laboratory-based tests and point-of-care test. On the basis of technique, the global glycated hemoglobin testing market is categorized into ion-exchange high-performance liquid chromatography (HPLC), boronate affinity chromatography, immunoassay, and direct enzymatic assay. On the basis of end-user, the global glycated hemoglobin testing market is categorized into hospitals, diagnostic centers, academic & research institutes, and others.

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Glycated Hemoglobin Testing Market: Competitive Landscape

The report provides profiles of the companies in the global glycated hemoglobin testing market such as Abbott Laboratories Inc., Bio-Rad Laboratories, Inc., Danaher Corporation, Roche Holdings AG, Randox Laboratories Ltd., Siemens AG, Sebia SA, A. Menarini Diagnostics Ltd., and Trinity Biotech Inc.

Report Findings

1. Drivers

- Rapidly Growing Occurrence of Diabetes Across the Globe.

- Growing Geriatric Population.

2. Restraints

- High Costs Associated with Glycated Hemoglobin Testing Devices.

3. Opportunities

- Technological Advancements in Monitoring Technologies and Devices.

- Growing Aging Population in the Emerging Market.