Global Coagulation Testing Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Instruments and Consumables

By Application;

Prothrombin Time, Activated Partial Thromboplastin Time, Thrombin Time, and Activated Clotting Time

By End Users;

Hospitals, Clinical Laboratories, Point-Of-Care Testing, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030)
Report ID: Rn258331974 Published Date: February, 2024 Updated Date: June, 2025

Introduction

Global Coagulation Testing Market (USD Million), 2020 - 2030

Coagulation Testing Market was valued at USD 2,504.68 million in the year 2023. The size of this market is expected to increase to USD 4,048.35 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.


Global Coagulation Testing Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.1 %
Market Size (2024)USD 2,504.68 Million
Market Size (2031)USD 4,048.35 Million
Market ConcentrationMedium
Report Pages324
2,504.68
2024
4,048.35
2031

Major Players

  • Abbott Laboratories
  • Siemens Healthcare
  • Roche Diagnostics
  • Beckman Coulter
  • Sysmex Corporation
  • Ortho Clinical Diagnostics
  • Stago
  • Werfen
  • DiaSys
  • Cardinal Health
  • Helena Laboratories
  • Instrumentation Laboratory
  • Diagnostica Stago
  • Hyphen Biomed
  • Alere Inc.
  • CoaguSense
  • Hemosonics
  • Diagon
  • ILine Microsystems
  • Bio-Rad Laboratories

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Coagulation Testing Market

Fragmented - Highly competitive market without dominant players


The Coagulation Testing Market is gaining traction as healthcare providers increasingly prioritize early identification of clotting disorders. The need for timely and accurate diagnosis has led to a surge in testing adoption, with over 55% of diagnostic facilities incorporating these tools into routine checks. This trend reflects the shift toward proactive patient care and the growing burden of hematological conditions.

Technological Innovation Driving Precision
Cutting-edge developments in automated analyzers and portable testing devices are improving the speed and accuracy of coagulation assessments. Around 40% of labs have upgraded to advanced systems that reduce manual steps and enhance workflow efficiency. These innovations are elevating the standard of care by delivering more reliable test results in shorter timeframes.

Chronic Disease Monitoring Catalyzes Adoption
Coagulation testing is playing an expanding role in the ongoing management of chronic illnesses. Conditions like diabetes and cardiovascular disease often require regular monitoring of coagulation status, now accounting for nearly 48% of overall test utilization. This application is vital for ensuring treatment safety and clinical consistency in long-term care settings.

Enhanced Role in Surgical and Critical Care
Medical facilities are integrating coagulation testing into preoperative assessments and intensive care practices. Currently, more than 50% of healthcare centers perform these tests before surgical procedures to manage bleeding risks and guide decision-making. This underscores their importance in achieving safe surgical outcomes and reducing intraoperative complications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Coagulation Testing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Hemostatic Disorders
        2. Increasing Emphasis on Preventive Healthcare
        3. Growing Awareness and Education
        4. Growing Geriatric Population
        5. Rise in Surgical Procedures
      2. Restraints
        1. Limited Access to Healthcare
        2. Interference and Variability in Test Results
        3. Complexity of Test Interpretation
        4. Data Privacy and Security Concerns
        5. Limited Reimbursement Policies
      3. Opportunities
        1. Personalized Medicine and Precision Healthcare
        2. Collaborations and Partnerships
        3. Focus on Preventive Healthcare
        4. Data Analytics and Digital Health Integration
        5. Educational Initiatives and Awareness Campaigns
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Coagulation Testing Market, By Product Type, 2020 - 2030 (USD Million)
      1. Instruments
      2. Consumables
    2. Global Coagulation Testing Market, By Application, 2020 - 2030 (USD Million)
      1. Prothrombin Time
      2. Activated Partial Thromboplastin Time
      3. Thrombin Time
      4. Activated Clotting Time
    3. Global Coagulation Testing Market, By End Users, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Clinical Laboratories
      3. Point-Of-Care Testing
      4. Others
    4. Global Coagulation Testing Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Siemens Healthcare
      3. Roche Diagnostics
      4. Beckman Coulter
      5. Sysmex Corporation
      6. Ortho Clinical Diagnostics
      7. Stago
      8. Werfen
      9. DiaSys
      10. Cardinal Health
      11. Helena Laboratories
      12. Instrumentation Laboratory
      13. Diagnostica Stago
      14. Hyphen Biomed
      15. Alere Inc.
      16. CoaguSense
      17. Hemosonics
      18. Diagon
      19. ILine Microsystems
      20. Bio-Rad Laboratories
  7. Analyst Views
  8. Future Outlook of the Market