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Haptoglobin Reagent Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2029

Haptoglobin testing is done to measures the haptoglobin amount in the blood with the help of haptoglobin reagent and kits. The liver produces the haptoglobin which binds with the hemoglobin that is a form of protein of red blood cells. The role of the red blood cells is to carries oxygen to the heart from the lungs and then to the rest of the body. According to several studies on anemia, hemolytic anemia represents around 5% of all anemia. Acute autoimmune hemolytic anemia is relatively rare and is not specific to any race. The incidence rate of hemolytic anemia is 1 out of 3 cases/ 100,000 population/ year. Autoimmune hemolytic anemia is comparatively a rare condition caused by autoantibodies directed alongside self-red blood cells. The levels of haptoglobin may raise in inflammation and/or infection. In hemolytic anemia, haptoglobin levels decrease causing lactic dehydrogenase levels to increase.

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Haptoglobin Reagent: Market Dynamics

Today, around 8.5% of the population are over 65 years and above, globally. And a large number of an ageing population is suffering from multiple disorders or are at high risk to get the disease. Rising geriatric population is one of the main factors to drive the growth of haptoglobin reagent market. This is because the ageing body loses the capability to maintain the balance between red blood cell production and destruction. Additionally, the growing disposable income is increasing the treatment-seeking rate after diagnosis and is expected to impel the growth of the haptoglobin reagent market. However, unable to detect the symptoms at an early stage may restrict to opt for haptoglobin testing and likely to hamper the haptoglobin reagent market growth. Moreover, lack of awareness regarding available test and unavailability of proper facilities and skilled professionals may limit the growth of the haptoglobin reagent market in the forecast years.

Haptoglobin Reagent: Overview

Haptoglobin testing can be done through a simple blood test and by using haptoglobin reagent and kits. Some conditions such as spleen disorders, cirrhosis, fibrosis, and hereditary spherocytosis destroy red blood cells. Rising prevalence of these diseases increase the number of haptoglobin testing and is expected to contribute to the growth of haptoglobin reagent market. Developing countries such as India, China, Brazil, Mexico and others do not include haptoglobin in their guidelines for assessing red blood cells production and destructions as it is an uncommon disorder. This factor is expected to greatly impact the growth of haptoglobin reagent market.

Haptoglobin Reagent: Region-wise Outlook

The Asia-Pacific haptoglobin reagent market is expected to grow at a moderate growth rate, however, is likely to show a large patient pool in the forecast years. The anemic condition is very much prominent in the regions like Southeast and Asian regions where approximately half of the maternal deaths are because of anemia, globally. India contributes a large percentage of the maternal population to these stats. These factors are likely to hamper the market growth of haptoglobin reagent in these regions. The North America haptoglobin reagent market is expected to show high growth of the haptoglobin reagent market because the compliance rate of blood testing in the region is high coupled with advance facilities.  Some major countries like U.S., U.K., Germany, Australia has compulsory the blood test for various disease per year. The Europe and Oceania haptoglobin reagent market are expected to be prominent for the haptoglobin reagent market due to the high adoption rate, increasing healthcare spending and advance healthcare systems.

Haptoglobin Reagent: Key Players

Some of the key players present in global haptoglobin reagent market includes Sekisui Diagnostics (Sekisui Chemical), Randox Laboratories, Beckman Coulter Inc. (Danaher Corporation), Kamiya Biomedical Company, ADALTIS S.r.l., SDIX, LLC, Lab Mark A.s., Abbott Laboratories, IBL International (Tecan Group Ltd.), Analytik Jena AG, and others.

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Last Updated: 04-Mar-2022