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D-Dimer Testing Market Size Worth $1.7 billion By 2030: IndustryARC

The Global D-Dimer Testing Market size is predicted to reach $1.7 billion by 2031, growing at a CAGR of 4.3% during the forecast period 2024-2030 according to the latest market research report published by IndustryARC.

Due to customer needs, and regulatory requirements, in D-Dimer Testing Market during the forecast period, finds IndustryARC in its recent report, titled “D-Dimer Testing Market Size, Share & Trends Analysis Report By Product Type ( Analyzers, Reagents & Consumables), By Test Type (Point of Care Testing , Laboratory Testing), By Method (Enzyme-linked immunosorbent Assay (ELISA), Latex-enhanced Immunoturbidimetric Assays, Fluorescence Immunoassays, Surface-Plasmon Resonance (SPR), Electrochemiluminescence (ECL), Others), By Gender(Male, Female), By Age(Children & Teen (Less Than 18), Young Adult (18 to 35), Adult (35 to 55), Elderly (55 & Above)),  By Application(Deep Vein Thrombosis (DVT)/ Pulmonary Embolism,Disseminated Intravascular Coagulation, Postoperative Monitoring, Others), By End User(Hospitals, Academic & Research Institutes, Diagnostic Centers, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030.”

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Asia-Pacific to Register Highest Growth:

APAC has the fastest growth with CAGR of 4.8% in 2024-2030 during forecast period 2024-2030. D-Dimer Testing market is growing as a result of important factors like improved healthcare infrastructure, the emergence of private pathology labs, and a sizable patient base with rising medical awareness and disposable income. Furthermore, the government’s role in establishing appropriate regulations impacts the future prospects for regional D-dimer testing industry growth. Owing to developments in clinical research and assay system installations, particularly in newly established government-funded hospitals, the Asia Pacific D-dimer testing industry is anticipated to experience faster market growth over the study period.

D-Dimer Testing Market 2024-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

4.3%

Market Size in 2030

$1.7 billion

Segments Covered

Product Type, Test Type, Method, Gender, Age Application, End User and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Diazyme Laboratories, Inc
  2. Siemen Healthineers AG
  3. Thermo Fisher Scientific Inc.
  4. F. Hoffmann-La Roche AG
  5. Quidel Corporation
  6. Biosynex
  7. bioMerieux
  8. Nordic Biomarker AB
  9. Instrumentation Laboratory SpA
  10. Sekisui Diagnostics, LLC

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D-Dimer Testing Market Report – Key Takeaways:

Point of Care Testing Segment to Register the Fastest Growth

In the D-Dimer Testing Market analysis, Point of Care Testing segment is estimated to grow with the highest CAGR of 5.7% during the forecast period. The implementation of point-of-care testing has saved lots of time for the patients to 1 hour from 4-6 hours. As the results which are obtained by D-dimer point of care testing results are as accurate as lab tested results and being time efficient. Owing to these factors it is analyzed that the D-Dimer testing market is expected to grow.

Immunoassay-Based Methods is the Leading Segment in the Market

According to the D-Dimer Testing Market forecast, the Enzyme-linked immunosorbent Assay (ELISA) held the largest market share of 47.54 % in 2023. Enzyme-linked immunosorbents are plate-based assays used for detecting and quantifying a specific protein in a complex mixture. The detection and quantification of target-specific protein is done by using highly specific antibodies that immobilize the target antigen to the plate and indirectly detect the presence of the target protein.

Growth in Digital Transformation Initiatives to Boost the Market Size

The adoption of APIs and other digital technologies is increasing due to the growing number of digital transformation initiatives that aim to streamline business processes and enhance customer experiences. In order to safeguard these initiatives against cyber threats and ensure regulatory compliance, D-Dimer Testing solutions have become essential.

Point-of-Care Testing Advancements

There’s a growing demand for rapid and accurate point-of-care D-Dimer tests. Innovations in technology are facilitating the development of portable, user-friendly devices that provide quick results. This trend creates opportunities for companies investing in these advancements to cater to healthcare facilities seeking efficient diagnostic solutions, particularly in emergency settings.

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Key Opportunity Analysis:

Rise in the number of diagnostics centres

The rise in number of diagnostics centres will create opportunities for the growth of the market. The factors such as higher life expectancy, changes in lifestyle, health-conscious population and improvement in testing services contribute to the growth of the diagnostics industry which in turn will create opportunities for the growth of the market. Moreover, the outbreak of Covid-19 increases the penetration of testing services across the world.

Additionally, Government also increases healthcare spending which bodes well for all the companies operating in this diagnostics industry. In March 2022, the UK Government announced an investment of $347M (£260m) to enhance research and development (R&D) as well as the production of novel therapies, devices and diagnostics. The investment would boost UK medical manufacturing, diagnostics centre and medical research

Integration of AI and Machine Learning

Implementing AI-driven algorithms can refine D-Dimer test interpretation by analyzing complex patterns and patient data. Machine learning models could improve risk stratification, aiding clinicians in making more informed decisions about treatment and intervention.

Continual learning from vast datasets could enhance the accuracy of D-Dimer tests, especially in identifying false positives and negatives.

Point-of-Care Testing Advancements

Development of handheld, user-friendly devices that deliver rapid D-Dimer results could transform emergency medicine and point-of-care settings. These devices could aid in immediate decision-making for conditions like suspected deep vein thrombosis or pulmonary embolism.

Integrating novel technologies, such as microfluidics or biosensors, into portable devices could enhance sensitivity and specificity while reducing testing times.

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The Report also Covers the Following Areas:

D-Dimer Testing Market Size and Forecast

D-Dimer Testing Market Trends

D-Dimer Testing Market Analysis by Test Type

D-Dimer Testing Market 2024-2030: Key Highlights

CAGR of the market during the forecast period 2024-2030

Value Chain analysis of key stake holders

Detailed analysis of market drivers and opportunities during the forecast period

D-Dimer Testing Market size estimation and forecast

Analysis and predictions on end users’ behavior and upcoming trends

Competitive landscape and Vendor market analysis including offerings, developments, and financials

Comprehensive analysis of challenges and constraints in the D-Dimer Testing Market

Covid and Ukrainian Crisis Impact:

Moreover, the outbreak of Covid19 increases the incidences of blood clotting cases. The association between COVID-19 and blood clots was recognized among hospitalized COVID-19 patients. These patients experienced blood clots both in deep veins and arteries, which sometimes led to strokes and heart attacks. The blood clotting have mostly been seen in patients with severe COVID-19 illness

Both Russia and Ukraine play significant roles in various industries, including the production and supply of chemicals, plastics, and raw materials essential for manufacturing medical diagnostic tools. Any disruption in these supply chains due to trade restrictions, transport blockades, or resource shortages could lead to prolonged challenges in sourcing necessary components for D-Dimer tests. This could result in prolonged shortages or increased prices, affecting global accessibility.

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List of Key Market Players in D-Dimer Testing Market:

The key companies profiled in the D-Dimer Testing Market Report are listed below:

  1. Diazyme Laboratories, Inc
  2. Siemen Healthineers AG
  3. Thermo Fisher Scientific Inc.
  4. Hoffmann-La Roche AG
  5. Quidel Corporation
  6. Biosynex
  7. bioMerieux
  8. Nordic Biomarker AB
  9. Instrumentation Laboratory SpA
  10. Sekisui Diagnostics, LLC
  11. Abbott Laboratories
  12. Beckman Coulter Diagnostics
  13. Bio-Rad Laboratories
  14. Stago
  15. Randox Laboratories

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About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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Mr. Venkat Reddy IndustryARC Email: [email protected] USA: (+1) 518-282-4727


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