Global Sickle Cell Anemia Testing & Screening Market size is expected to be worth roughly USD 383 Million by 2030, growing at a CAGR of more than 6.1% during the projected timeframe of 2022-2030, according to Ameco Research
In recent years, as new technologies and therapies have been developed, the market for testing and screening for sickle cell anemia has evolved. Some of the significant trends in this market are the rising use of genetic analysis and screening technologies to identify sickle cell anemia, such as PCR-based testing and Next-Generation Sequencing (NGS). Furthermore, there are increasing demands for point-of-care (POC) testing kits for sickle cell anemia, which allow for rapid and reliable diagnosis in contexts where traditional laboratory testing is not possible. This is especially significant in developing nations where healthcare is scarce. Another significant market trend is the development of new medicines for sickle cell anemia, such as gene therapies and stem cell therapies. These treatments have the potential to greatly enhance the lives of patients suffering from the illness and are expected to drive the sickle cell anemia testing & screening market value.
Overall, the global sickle cell anemia testing and screening market are expected to expand rapidly over the forecast period. Rising awareness of sickle cell anemia increased the adoption of improved diagnostic techniques, and rising healthcare spending is projected to boost market expansion.
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Global Sickle Cell Anemia Testing & Screening Market Trends
The sickle cell anemia testing and screening market refer to the market for products, services, and technology used in the diagnosis and screening of sickle cell anemia. This comprises a wide range of diagnostic tests, including blood tests, genetic testing, and imaging studies. The market also comprises diagnostic equipment, reagents, and software, as well as services such as laboratory testing and genetic counseling. The market also comprises sickle cell anemia-related devices and products such as medications, treatments, and transfusion services. Expanding awareness as well as diagnosis of sickle cell anemia, rising healthcare spending, and growing adoption of improved diagnostic techniques and technologies are driving the sickle cell anemia testing & screening market growth.
High Prevalence of Sickle Cell Anemia Driving the Market Growth
The high prevalence of sickle cell anemia is a primary driver of the sickle cell anemia testing & screening market size. According to the World Health Organization, sickle cell anemia is the most common hereditary blood condition, affecting millions of people globally, with Sub-Saharan Africa accounting for the vast majority of cases. The disease's high prevalence causes a substantial need for testing and screening services, as early detection is critical for effective management and treatment. As the population rises and the global population grows, so does the number of persons with sickle cell anemia, which drives the sickle cell anemia testing & screening industry.
In addition, people with sickle cell anemia are at an increased risk for complications such as pain crises, infections, and stroke, which can have a significant impact on quality of life and overall health outcomes. This emphasizes the need for early recognition and treatment, which is propelling the expansion of the sickle cell anemia testing and screening market. As a result, the market for sickle cell anemia testing and screening is expected to rise in response to the disease's increasing global prevalence and the necessity for early identification and effective care of the condition.
Sickle Cell Anemia Testing & Screening Market Segmentation
Ameco Research has fragmented the global sickle cell anemia testing & screening market by technology, age, and sector. By technology, the industry is sub-divided into point-of-care tests, high-performance liquid chromatography, paper-based rapid diagnostics, hemoglobin electrophoresis, lateral flow immunoassay, isoelectric focusing, and others. Based on the age, the industry is categorized into newborn screening (12 months and below), adult screening (25 to 60 years), and other age groups (1 to 25 & above 60 years).
In term of sector, the market is classified into corporate labs, private labs, ppp, and government labs. According to the sickle cell anemia testing & screening market forecast, the government labs segment is predicted to grow extensively in the global market over the next few years.
Sickle Cell Anemia Testing & Screening Market Regional Outlook
The global sickle cell anemia testing & screening market is divided into several geographical regions: North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. According to a sickle cell anemia testing & screening industry analysis, North America held a significant market share in 2021. This growth is attributed to the high frequency of sickle cell anemia, high disease awareness and education, and well-established research organizations. North America has a well-developed healthcare infrastructure with a high penetration of advanced diagnostic technology and well-established healthcare institutions, allowing for simple access to sickle cell anemia testing and screening services. Overall, the region's dominance in the market for sickle cell anemia testing and screening is due to a high incidence of sickle cell anemia, a developed healthcare infrastructure, government support, high awareness and education, and well-established research communities.
Sickle Cell Anemia Testing & Screening Market Market Companies
Some of the most notable worldwide sickle cell anemia testing & screening market players is Silver Lake Research Corporation, Quest Diagnostics, STRECK, Laboratory Corporation of America Holdings, HEMEX HEALTH, PerkinElmer Inc., Bio-Rad Laboratories, and BioMedomics Inc.
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