Market growth, industry segmentation analysis, usage, revenue and forecast. – Hunter Women Chronicle

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In this report, we have studied the Glycated Hemoglobin Testing market and its main insights in detail. The report assesses the Glycated Hemoglobin Testing market and includes an analysis of factors such as regional trends, industry segmentation by manufacturers, and usage.

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introduction

This report analyzes the global Glycated Hemoglobin Laboratory Test (Hemoglobin A1c Test) market. The report provides historical market data for industry segmentation, product overview and detailed analysis of the following:

Glycated Hemoglobin Test Market Overview

The glycated hemoglobin test is used to assess the health of a diabetic patient or a person at increased risk of developing diabetes. This blood test measures the amount of glycated hemoglobin, a protein that forms when glucose attaches to proteins in the body. The test helps identify insulin resistance, HbA1C levels and risk factors for cardiovascular disease (CVD). The glycated hemoglobin test is performed using commercially available automated counters, which only require finger prick samples.

Global industry segmentation

This report provides a comprehensive assessment of the global Glycated Hemoglobin Test market. The report provides information on market trends, strategies, opportunities and upcoming challenges.

Key Glycated Hemoglobin Test Technology Manufacturers

The glycated hemoglobin test market is expected to grow at a CAGR of 7.43% during the forecast period. The growth of the market can be attributed to factors such as increasing prevalence of diabetes and cardiovascular disease which is mainly characterized by diabetes and vascular damage associated with high levels of glycation in the body. Additionally, increasing demand for medical devices is expected to play a pivotal role in driving the demand for glycated hemoglobin testing technology.

Usage analysis

Global Glycated Hemoglobin Testing Market was valued at USD 1,109.7 Million in 2016 and is projected to reach USD 2,854.5 Million by 2023, growing at a compound annual rate of 8.3% from 2017 to 2023. Using the latest advances in molecular diagnostics, glycated hemoglobin (GHBT) testing has become one of the most sought-after technologies. GHBT not only offers key benefits such as improved monitoring and early warning for diseases, but also provides a wide range of applications in different industries. GHBT has the potential to become larger than any other global molecular diagnostics market in the near future.

Regional analysis

North America is the largest market for glycated hemoglobin testing with a revenue share of over 40% in 2017. This can be attributed to the high prevalence of chronic diseases and diabetes. The APAC region has been the fastest growing market over the forecast period, owing to the increase in the population with diabetes. Europe is expected to be one of the fastest growing markets, but only marginally given its small size.

Geographic Revenue Forecasts

The report provides the global Glycated Hemoglobin Testing market status and forecast till 2023 based on various segments and geographies. The global glycated hemoglobin test market is expected to grow at a CAGR of 6.2% during the forecast period (2017-2022). The Asia-Pacific region is expected to lead the market in 2017 with revenue of over $1,636 million accounting for nearly 33% of total revenue.

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Conclusion

Glycation is known as a promising tool for predicting the risk of cardiovascular disease. This disease is responsible for the highest number of deaths in the world, which is why it is important that there is an accurate diagnosis. Different types of hemoglobin react differently to sugar that has converted into sugar alcohols used in processed foods and beverages. The reaction causes a chemical change in blood sugar levels and can take months to return to normal after a poor diet.

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