Platelet Aggregation Devices Market was worth USD 235.03 million in 2018 and is estimated to be growing at a CAGR of 21.2%, to reach USD 614.66 million by 2023. Platelets are a type of blood cells which are responsible for clotting of blood in the body. Whenever, a blood vessel is damaged, platelets rush to the site and from clots at the damages area to prevent loss of blood. Suitable number of platelets is required for proper formation of clotting. They are also involved in inflammation and other pathological situations.
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The assemblage of platelets in the blood is known as platelet aggregation. It is a part of a series of events resulting in the clot formation. Platelet aggregation tests assess the extent to which the platelets clump together. Recent advancements introduced the use of medical devices such as platelet function analyzers to control the extent of thrombus formation by platelets and it is achieved by controlling the flow of blood.
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Rising number of platelet disorders such as thrombocythemia, increasing popularity of platelet therapy for cancer patients and rapid technological advancements in aggregators are the major factors driving the platelet aggregation devices market. Also, growing geriatric population and increasing prevalence of chronic diseases are driving the market growth. However, lack of sufficient technical expertise and high cost of devices are the major restraining factors for the market.
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Based on region, the global market for platelet aggregation devices market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America accounts for the largest market share in this market due to the increasing number of cardiovascular surgeries, increasing number of blood disorders and presence of major manufacturers of platelet aggregation devices. Asia-Pacific is expected to be the fastest growing segment due to the presence of large population base and increasing adoption of new technological devices.
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Some of the major companies in the global platelet aggregation devices market are Helena Laboratories Corporation, Haemonetics Corporation, Siemens AG, Sysmex Corporation, Accriva Diagnostics, Sentinel CH. S.p.A., Bio/Data Corporation, Tem Group and Aggredyne, Inc.
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