Hematology Analyzers and Reagents Market by Products & Services [Hematology Analyzers (5 Parts, 6 Parts, 3 Part, PoC, Semi-Automated), Hemostasis, Immunohematology], Price Range (High, Low), End User (Government labs) – Global Forecast to 2025
North America commanded the largest share of the market, by region, in 2019.

North America commanded the largest share of the market in 2019, owing to factors such as rising incidence of patients suffering from blood disorders, growing prevalence of target diseases, and rising demand for blood transfusions in the region.
Key Market Players
The major players of the market are Sysmex Corporation (Japan), Danaher Corporation (US), Nihon Kohden (Japan), Siemens (Germany), Abbott (US), Boule Diagnostics (Sweden), HORIBA (Japan), Bio-Rad Laboratories (US), BioSystems (Spain), Diatron (Hungary), Drew Scientific (US), EKF Diagnostics (UK), Mindray (China), Ortho Clinical Diagnostics (US), and Roche (Switzerland), among others. An analysis of the market developments between 2016 and 2019 revealed that product launches & enhancements, partnerships, agreements, and acquisitions were adopted by market players to strengthen their product portfolios and maintain a competitive position in the market. Product launches were the most widely adopted growth strategies.
Sysmex (Japan) held the leading position in the global hematology analyzers and reagents market. The company is an integrated supplier of instruments and reagents in the field of diagnostics. It focuses on both organic and inorganic growth methods such as expansions, agreements, and new product launches to ensure its growth in the hematology analyzers and reagents market. In line with this, over the last three years, the company launched XN-9100, XN-3100, XN-1500, XN-L, and SP-50 (an automated hematology slide preparation unit). Additionally, the company has improved its sales and support networks in emerging markets, due to which it maintains its leading position in the hematology analyzers and reagents market. Therefore, the heavy investments in developing better and technologically superior products are fueling the company’s market growth in the industry.
Scope of the Report
Report Metric Details
Market Size Available for Years 2018–2025
Base Year Considered 2018
Forecast Period 2020–2025
Forecast Units Value (USD)
Segments Covered Product & Service, Usage Type, Price Range, Application, End User, and Region
Geographies Covered North America (US and Canada), Europe (Germany, France, UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa
Companies Covered Major players covered include Sysmex Corporation (Japan), Danaher Corporation (US), Nihon Kohden (Japan), Siemens (Germany), Abbott Laboratories (US), Boule Diagnostics (Sweden), HORIBA (Japan), Bio-Rad Laboratories (US), BioSystems (Spain), Diatron (Hungary), Drew Scientific (US), EKF Diagnostics (UK), Mindray (China), Ortho Clinical Diagnostics (US), and Roche (Switzerland)
This report categorizes the global hematology analyzers and reagents market into the following segments and subsegments:
Global Hematology Analyzers and Reagents Market, by Product & Service
• Hematology Products & Services
o Instruments
? 5-part and 6-part Fully Automated Hematology Analyzers
? 3-part Fully Automated Hematology Analyzers
? Point-of-care Testing Hematology Analyzers
? Semi-automated Hematology Analyzers
o Reagents & Consumables
? Hematology Reagents
? Slide Stainers/Makers
? Controls and Calibrators
? Consumables
o Services
? Hemostasis Products & Services
o Instruments
o Reagents & Consumables
o Services
? Immunohematology Products & Services
o Instruments
o Reagents & Consumables
o Services
Hematology Instruments Market, by Price range
• High-end Hematology Analyzers
• Mid-range Hematology Analyzers
• Low-end Hematology Analyzers
Hematology Products & Services Market, by End User
• Hospital Laboratories
• Commercial Service Providers
• Government Reference Laboratories
• Research & Academic Institutes
Hematology Products & Services Market, by Region
• North America
o US
o Canada
• Europe
o Germany

o France
o UK
o Rest of Europe (RoE)
• Asia Pacific
o Japan
o China
o India
o Rest of Asia Pacific (RoAPAC)
• Latin America
o Brazil
o Mexico
o Rest of Latin America (RoLATAM)
• Middle East & Africa
Recent Developments (2016–2019):
• In February 2018, Sysmex entered into an agreement with McKesson to distribute Sysmex’s XW-100 automated hematology analyzers in the US.
• In September 2017, Sysmex entered into an agreement with Mongolia’s Ministry of Health to provide technological, scientific, and external quality assessment support in the field of blood morphology to raise the accuracy of testing in the Mongolian region.
• Sysmex expanded its direct sales network in the Republic of Ghana (Africa) to reinforce its hematology sales and service structure in the African market.
• In July 2017, Sysmex launched XN-9100, XN-3100, XN-1500, and SP-50 (an automated hematology slide preparation unit).
• In July 2017, Sysmex launched the XN-L automated hematology analyzers in the US.
• In November 2016, Sysmex entered into an agreement with the National Health Laboratory to conduct scientific support activities to enhance the quality of clinical testing, including hematology-related tests.
• In May 2016, Sysmex Asia Pacific (Singapore) opened a branch in Yangon, Myanmar, to enhance after-sales support and customer services in Myanmar.
Key Questions Addressed by the Report:
• What are the growth opportunities related to the adoption of hematology products across significant regions in the future?
• Emerging countries show immense opportunities for the growth and adoption of hematology instruments, related reagents & consumables, and software. Will this scenario continue in the next five years?
• Where will the advancements in products offered by various companies take the industry in the mid- to long-term?
• What are the newest trends and advancements in the hematology analyzers and reagents market?
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