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Increasing Demand for Digital Morphology Analyzers Market to Push Market Revenue Growth During 2019 – 2029

Digital morphology analyzers is advance hematology analyzing device which is used to study the morphology of blood. Digital morphology analyzers generate digital images and algorithms to classify the hematological cells. A gold standard microscopic method is used by digital morphology analyzers for more efficient, faster and standardized morphological analysis of blood. Digital morphology analyzers can perform morphological analysis of different cell categories such as leukocytes, thrombocytes, and red blood cells. Moreover, digital morphology analyzers can perform the counting blood cell (CBC). The morphological analysis of blood if by digital morphology analyzers can also help diagnose various hematology related disease.

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The primary factor driving the growth of the digital morphology analyzers market is increasing the prevalence of hematology diseases. Moreover, digital morphology analyzers provide a greater efficiency of for morphological analysis of blood which will boost the demand of digital morphology analyzers market. Also, the technological advancements and recent launches of more innovative digital morphology analyzers will propel the growth of this market.  Additionally, the focus of leading manufacturer to develop the more efficient digital morphology analyzers will lead to the exponential growth of the digital morphology analyzers market. The high installation cost of digital morphology analyzers which could not be afforded by a few hospitals is the major factor hampering the growth of the digital morphology analyzers market.  Also, the scarcity of medical professional to operate the digital morphology analyzers in under developing economies will deter the growth of the digital morphology analyzers market over the forecast period.

The global digital morphology analyzers market is classified on the basis of product type, modality, end user and region.

Based on modality, digital morphology analyzers market is segmented into following:

  • Standalone
  • Portable

Based on end user, digital morphology analyzers market is segmented into following:

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Surgical Centers
  • Blood Banks

Some of the key players found across the value chain of Digital Morphology Analyzers are Siemens Healthineers, Beckman Coulter, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Medica Corporation, · Erma Inc.,  others.

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The rising prevalence of cardiovascular diseases is the key factor which is propelling the growth of the digital morphology analyzers market. According to the world health organization, approximately 1.1% people in the world are suffering from hemoglobin disorder. The same study also estimated that India and China have the highest patient poll suffering from hemoglobin disorders. By modality, standalone digital morphology analyzers will dominate the market in term of revenue. Portable segment by modality for digital morphology analyzers market is expected to show robust growth over the forecast due to its rising adoption. Among all end user hospital segment is the most lucrative segment for the digital morphology analyzers market which is then followed by diagnostic centers. Blood banks segment is the fastest growing segment by the end user in term of revenue.

Digital morphology analyzers are high adopted at U.S. And Canada, hence North America is the most dominant segment for digital morphology analyzers market in term of revenue. After North America, Europe, and east Asia region is expected to gain the revenue share of the digital morphology analyzers market. High healthcare infrastructure in the U.K., Germany, France, Italy, Spain other European countries is the key factor behind the growth of the digital morphology analyzers market in Europe. South Asia and East Asia region is expected to show rapid growth over the forecast period for the digital morphology analyzers market due to rising patient pool suffering from hematology diseases in India, China, and japan. Middle & Africa and Latin America are expected to show the delayed growth for digital morphology analyzers market owing to low awareness among the people in this geographies.