The global fibrinogen testing reagents market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor attributable to the market growth includes the rising procedures of anticoagulant therapy. For instance, as per the study published in Nature Review, in Europe, one of the blood clotting disorders named deep vein thrombosis, is the major cause of morbidity and mortality with the incidence rate as around 104 to 183 per 100,000, per year. Thus, the rising incidence of this disorder is anticipated to be the major factor driving the growth of the market during the forecast period. Further, the assurance of patient safety due to the trending use of disposable consumables and reliable results are attributed to the growth of the market 

Adding to this, high disposable income has led to high health care expenditure which is also anticipated to add to the market growth. As a result, various new entrants in the market are adding to the competitive landscape of the market by introducing their testing reagents. The high adoption rate of automated and technological advanced coagulation instruments and reagents, high demand for faster results, and spontaneous testing are also projected to drive the growth of the global fibrinogen testing reagents market during the forecast period in the region. Additionally, diagnostic laboratories are increasingly being privatized, ultimately aiming at user convenience. This factor too is likely to fuel the growth of the global market during the forecast. Furthermore, some key players operating in the market include Siemens AG, Thermo Fisher Scientific Inc., and Grifols S.A., among others. 

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered
• Regions Covered- Globally

Competitive Landscape: Siemens AG, Thermo Fisher Scientific Inc., and Grifols S.A., among others. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Fibrinogen Testing Reagents Market by Segment

By Type 

• Q.F.A. Thrombin Kits

• Fibrinogen Kits

• Imidazole Buffer Kits

• Multifibren U Reagent

• STA-Fibrinogen Kits

By Application 

• Hospitals and Clinics

• Diagnostics Laboratories

• Ambulatory Care Centers

• Academic & Research Institutes

Global Fibrinogen Testing Reagents Market by Region