iCrowd Newswire – Jun 30, 2020
Technological advances in point of care (POC) hemoglobin (Hb) A1C testing are helping laboratories to conduct the tests more efficiently. Major players in the market are investing in developing advanced technologies to provide fast, accurate results in a short period, thereby helping laboratories to manage the increase in demand for testing. For instance, in June 2019, Abbott’s Afinion HbA1c Dx assay is the only rapid POC test cleared by the U.S. Food and Drug Administration (FDA) to assist healthcare professionals in diagnosing diabetes and also in determining the patients’ risk of developing the disorder. The test provides reliable and accurate results of 1,2 glycated hemoglobin in just three minutes, enabling physicians to formulate individualized care plans during a single visit to the doctor’s office. These developments will aid the growth of the POC HbA1C testing market.
The global POC HbA1C testing market reached a value of nearly $483.8 million in 2019 and is expected to grow at a rate of 8% to nearly $658.6 million by 2023.
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POC Hba1c Testing Market Segments
The POC HbA1C testing devices assess the average level of blood sugar over 2 to 3 months in an individual. POC HbA1C testing devices are designed to diagnose average levels of glucose in patients’ blood and to control type I and type II diabetes mellitus. The POC HbA1C testing devices market is segmented based on the type of product into instruments and consumables; by technology into ion-exchange HPLC, enzymatic assay, affinity binding chromatography, turbidimetric inhibition immunoassay, and others; and by end-user into hospitals, physician office/outpatient center, home care, and others.
Changing Lifestyles Will Drive The POC HbA1C Testing Market
Long working hours, less physical activity, and unhealthy eating and drinking habits are increasing the prevalence of diabetes. Globally, the number of diabetic patients is expected to increase to 629 million by 2045. Besides, urbanization is also expected to drive the market in the forecast period. Globally, the percentage of the population living in urban areas is expected to increase from 55% in 2018 and reach 68% by 2050. Changing lifestyles, coupled with the growth in the urban population, the rise in disposable incomes, and affordability among residents of cities will drive the demand for POC HbA1C testing.
Inability Of Testing Devices To Assess All Blood Types Restrains Market
The point of care hemoglobin (POC Hb) A1C testing market is being restrained by the inability of these devices to assess all blood types. For instance, the HbA1C test is not suitable for patients with African, Mediterranean, or Southeast Asian descent, or those that have a family member suffering from skin diseases such as sickle cell anemia or thalassemia as people from this group are expected to have a hemoglobin variant which may interfere with the results of HbA1C tests. Moreover, HbA1C test is not recommended in cases where the symptoms are visible for less than 2-3 months since the test measures the average glucose levels in the blood over past 2–3 months only. This inability hinders the growth of the POC HbA1C market.
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Increasing Use Of Home HbA1C Testing Kits
Home HbA1C testing kits allow people with diabetes to measure their HbA1c levels at home. Home HbA1c tests can be carried out within a relatively short period of time. Currently, due to the coronavirus disease (COVID-19) pandemic, diabetic patients who seek to keep their distances from hospitals and follow social distancing are increasingly using home kits to identify their risks. Thus, they seek to maintain and manage their condition at home whilst limiting their potential exposure to the virus.
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