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Hematocrit Test Devices Market – By Product, By Modality, By Application, By End Use - Global Forecast, 2025 to 2034
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Hematocrit Test Devices Market
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Base Year: 2024
Companies covered: 15
Tables & Figures: 163
Countries covered: 19
Pages: 140
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Hematocrit Test Devices Market Size
The global hematocrit test devices market size was valued at USD 3.8 billion in 2024 and is expected to exhibit growth at a CAGR of 4.4% from 2025 to 2034 period. The increase in hematocrit testing has corresponded with an increase in blood-related disorders such as anemia, polycythemia, and sickle-cell diseases that have on the whole increased over the world.
For instance, according to the World Health Organization, for example, anemia is one of the most widespread diseases which has, as of today, affected about 1.62 billion people globally which means 24.8 percent of the world’s population. Additionally, according to the Centers for Disease Control and Prevention (CDC), sickle cell disease affects about 100,000 Americans, and 1 out of every 365 births of Black or African-American phenotype has the condition. So, these medical conditions make it compulsory to monitor the levels of hematocrit frequently, which exponentially increases the demand for effective and affordable testing equipment.
Hematocrit testing devices are used to quantify the volumetric proportion of erythrocytes in blood within the diagnostic apparatus for hematocrit determination. It is useful for detecting anemia, dehydration, or polycythemia. Often, the outcome of the testing is ready within short periods of time and the results are accurate; the devices usually have the form of analyzers, meters, or point-of-care testing devices for the supplied blood sample directly.
Hematocrit Test Devices Market Trends
Hematocrit Test Devices Market Analysis
Based on product, the market is classified into instruments, reagents and consumables. The instruments segment is further bifurcated into hematocrit test analyzer and hematocrit test meter. The instruments segment generated the highest revenue of USD 2.2 billion in 2024.
Based on modality, the hematocrit test devices market is classified into laboratory-based testing and point-of-care (POC) testing. The laboratory-based testing segment accounted for USD 2.5 billion in market revenue in 2024 and is anticipated to grow at a CAGR of 4.2% between 2025 to 2034 period.
Based on application, the hematocrit test devices market is classified into anemia, congenital heart diseases, polycythemia vera, and other applications. The anemia segment dominated the market in 2024 with a market share of 45.8%.
Based on end use, the hematocrit test devices market is segmented into hospitals, diagnostic laboratories, ambulatory surgical centers, and other end users. The hospitals segment dominated the market in 2024 and is anticipated to reach USD 3 billion by the end of the forecast period.
U.S. hematocrit test devices market accounted for USD 1.4 billion market revenue in 2024 and is anticipated to grow at a CAGR of 3.9% between 2025 to 2034 period.
Germany hematocrit test devices market is projected to grow remarkably in the coming years.
Japan holds a dominant position in the Asia Pacific hematocrit test devices market.
Hematocrit Test Devices Market Share
The market has a number of competitive players, among them are Abbott Laboratories, Roche Diagnostics, Siemens Healthineers, and Pointe Scientific. These companies develop and produce a wide range of hematocrit testing products, including automated analyzer systems, portable meters, and handheld point-of-care devices. Competitive advantage hinges on technology innovation as exemplified by heightened accuracy, speed, and the ability to interface with healthcare IT. These players tend to use more aggressive tactics to gain additional revenue, such as strategic partnerships, mergers, acquisitions, and investing in research and development.
USPs of Hematocrit Test Devices Market
Hematocrit Test Devices Market Companies
Prominent players operating in the hematocrit test devices industry include:
Hematocrit Test Devices Industry News:
The hematocrit test devices market research report includes in-depth coverage of the industry with estimates and forecasts in terms of revenue in USD Million from 2021 – 2034 for the following segments:
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Market, By Product
Market, By Modality
Market, By Application
Market, By End Use
The above information is provided for the following regions and countries: