The report titled “Thailand
Blood Gas Analyzer and Cardiac Biomarker Market Outlook to 2025 – Blood Gas
Analyzer: By Device Type (Medium to High Workload and Single Test Analyzer), By
Product (Device and Reagent), By Region” provides a
comprehensive analysis of blood gas and cardiac biomarker analyzers market in
Thailand. The report covers the overview and genesis of the industry, overall
market size in terms of number of devices installed, segmentation on the basis
of product, device, regions & biomarkers type, trends & developments,
issues & challenges, government regulations, value chain analysis, SWOT
analysis, competitive scenario, and company profiles of major players in both,
BG and cardiac biomarker analyzer industry. The report concludes with future
market projection and analyst recommendations highlighting the major
opportunities and cautions for new and existing players in the market.
Market Overview and Size:
Thailand Blood Gas market in terms of the number of devices installed
increased with a single digit CAGR of ~% over the review period 2014-2019. The
market was observed to be at a growth stage owing to the growing demand for
medical tourism and supporting government policies under Thailand 4.0. The
market is booming owing to the rising number of Acute Myocardial Infarction
& Heart Failure patients coupled with Improving healthcare system and Per
Capita Health Expenditure of the country.
Thailand Cardiac Biomarker Market is currently positioned to be in the
growth stage with the presence of over 15-20 players along with ~% CAGR in
number of devices installed during the period 2014-2019. A rising number of
cases related to heart diseases, increasing elderly population, improving
government health expenditure and higher growth in the medical insurance sector
are the major reasons behind positive growth in an increasing number of devices
installed in the country.
Market Segmentation:
Thailand Blood Gas Analyzer Market:
By Type of Device (Medium to High
Workload and Single Test Analyzer Device): Medium to high workload devices dominated the Blood Gas
Analyzer market in 2019 as the majority of the hospitals in the country prefer
these devices due to their capacity to conduct a higher number of tests and
lower cost per test. On the other hand, single test analyzers are generally
used by either small-sized hospitals or laboratories wherein the lesser number
of tests are processed.
By Product (Reagents and Device): Thailand Cardiac Biomarker
Market revenue was dominated by Reagents in 2019 as the majority of the devices
in the country were placed on the rental model rather than making direct sales
to the hospitals and laboratories.
By Region (Bangkok, Central Region,
Northern Region, Southern Region & North Eastern Region): In terms of the number of device
installations, the Bangkok region dominated the market in 2019, followed by
Central Region due to a higher number of devices installed as a result of
higher capacity. A higher number of total hospitals distributed in Northeast
the region has enabled a high number of devices compared to the remaining four
regions in the country.
Thailand Cardiac Biomarker Analyzer
Market
By Product (Reagents and Device): The
reagent rental model dominated
the market in the year 2019 as they generally have a higher replacement rate.
The cost of these devices is also very high due to which they are kept on
reagent rental model rather than making sales of these devices.
By Type of Device (Semi-Automated
Small Portable System and Fully Automated High-End System): Cardiac Biomarker Market
in terms of number of devices installed was dominated by Semi-Automated
Analyzers during 2019. Low cost of these devices along with their convenient
sizes has led to the rapid growth of these types of devices in Thailand.
By Type of Cardiac Biomarker
(Troponin, NT pro-BNP, CKMB, D-Dimer and others): Troponin cardiac biomarker dominated
the industry revenue in 2019 as it is highly preferable by the doctors in the
country in determining myocardial damage and is measured with high specificity
along with comparatively faster results. CKMB occupied the second biggest
revenue market share as it is tested frequently for determining the prognosis
of cardiac disease followed by NTproBNP which is also tested regularly to
comprehend heart valve disease. Markers such as D-dimer, CRP and Procalcitronin
occupied the remaining share of the industry as these tests are too specific and have comparatively higher
costs in Thailand.
Competitive Landscape of Thailand
Market
Thailand Blood Gas analyzer industry is a highly concentrated space with
15-20 players wherein more than ~% is captured by the top 5 players in the
country in terms of the number of devices installed. Major players in the
market include OPTI Medical, Siemens Healthcare, Abbott, Nova Biomedical, and
Instrumentation Laboratory.
Cardiac Biomarker Analyzer industry is also a concentrated space with a
presence of ~15 players. Top 4 players in the country capture more than ~%
share in the country. Major Players include Abbott, LSI Medience, Roche
Diagnostics, Osang Healthcare and Biomerieux. Players in both the markets
compete on basis of device price, technology, cost per test, number of
parameters, number of clients, branding, and placement of devices,
distributors, and product portfolios.
Thailand Blood Gas & Cardiac
Biomarker Analyzer Market Future Outlook & Projections
The Blood Gas & Cardiac Biomarker Analyzer industry is expected to
witness a single digit CAGR in the forecasted period 2020-2025. Rapid growth in
healthcare expenditure, future expansion & increasing number of hospitals,
shift preferences towards automated systems for managing higher workload,
adoption of high sensitivity prognostic and diagnostic markers, increasing
elderly population and the rising prevalence of cardiovascular diseases are
collectively expected to bring positive growth in the market in the coming
years.
Key Segments
Covered: -
Blood Gas Analyzer
Market:
By
Type of Device (Number of Devices Installed)
Medium to High Workload Device
Single Test Analyzer Device
By
Type of Product (Revenue)
Reagents
Device
By
Region (Number of Devices Installed)
Bangkok
Central Region
Northern Region
North Eastern Region
Southern Region
Cardiac Biomarker
Analyzer Market:
By
Type of Product (Number of Devices Installed)
Reagent
Device
By
Type of Device (Number of Devices Installed)
Semi-Automated Small Portable
System
Fully-Automated High End System
By
Type of Cardiac Biomarker (Revenue)
Troponin
CKMB
NTproBNP
D-Dimer
Others
Companies Covered
Major Manufacturing Brands:
Nova Biomedical
Radiometer
Techno Medica
Roche Diagnostics
Abbott
Siemens
Wondfo
Osang Healthcare
i-Sens
Opti Medical
Werfen
Biomerieux
Sysmex
LSI Medience
Quidel
GP Getein
Distributors:
MP Group
NHealth
Connect Diagnostics
AEC Healthcare
SE Supply Group
Transmedic
PCN Healthcare
Meditop
MSS
Key Target Audience: -
Blood Gas Analyzer Manufacturers,
Importers
and Distributors
Cardiac Biomarker Manufacturers,
Importers
and
Distributors
Government and Regulatory Bodies
Heart Hospitals & Research Institutions
Medical Device Consultant Firms
Industry Associations
Time Period Captured in the Report:-
Historical Period:
2014-2020
Forecast
Period: 2021-2025
Key
Topics Covered in the Report: -
Overview
of Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Thailand
Blood Gas and Cardiac Biomarker Analyzer Market Value Chain Analysis
Thailand
Blood Gas Analyzers& Cardiac Biomarker Market Size
Thailand
Blood Gas and Cardiac Biomarker Analyzer Market Ecosystem
Thailand
Blood Gas and Cardiac Biomarker Analyzer Market Segmentation
Government
Role and Regulation in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Trends
and Developments in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Issues
and Challenges in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Competitive
Landscape in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Market
Share of Blood Gas & Cardiac Biomarker Players in Thailand basis Number of
Devices Installed
Strength
and Weakness of Major Players in Thailand Blood Gas and Cardiac Biomarker
Analyzer Market
End
User Perception in Thailand Blood Gas and Cardiac Biomarker Analyzer Market
SWOT
Analysis Thailand Blood Gas and Cardiac Biomarker Analyzer Market
Thailand
Blood Gas and Cardiac Biomarker Analyzer Market Future Projections, 2020P-2025F
Analysts’
Recommendations
For More
Information on the research report, refer to below link: -
Thailand Blood Gas Analyzer and Cardiac Biomarker
Market
Related Reports by Ken Research: -
No comments:
Post a Comment