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Thromboelastography Machine Market – Size, Trends, Outlook, and Forecast, 2018-2026

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Increasing use of TEG machines for blood management has helped in predicting and managing bleeding disorders.
Thromboelastography Machine Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Thromboelastography Machine Market – Overview
Thromboelastography (TEG) is a viscoelastic hemostatic assay that measures the visco-elastic properties of blood
clot formation. It is mainly used in surgery and anesthesiology. These tests are capable of measuring coagulation
factor function. Some other tests for blood coagulation includes prothrombin time (PT,INR) and partial
thromboplastin time (aPTT). However, thromboelastography provides information regarding all components of
hemostasis such as coagulation and platelet function. Also, TEG offers a particular advantage in diagnosing
fibrinolysis. TEG machines are used for carrying out this test.
Increasing use of TEG machines for blood management has helped in predicting and managing bleeding
disorders. It also helps in evaluating the risk for re-operation, which leads to cost saving, as it reduces unnecessary
blood component transfusions. These machines have applications in hospitals, blood banks, pharmaceutical, and
academic institutes.
Increasing patient population suffering from lifestyle associated diseases and chronic blood disorder is expected to
contribute to significant growth of the thromboelastography machine market. For instance, according to the
Leukemia & Lymphoma Society (LLS), about every 3 minutes, one person is diagnosed with blood cancer, which
accounted for combined total of 174,250 people in the U.S. in 2017.
REPORT DESCRIPTION
Thromboelastography Machine Market Taxonomy:
On the basis of types of assays:
Standard
RapidTEG
Heparinase
Functional Fibrinogen
Platelet Mapping
Others
On the basis of application:
Liver Transplantation
Cardio-pulmonary Bypass Surgery
Obstetrics
Neonatology and Pediatrics
Trauma
Others
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REPORT DESCRIPTION
Thromboelastography Machine Market – Key Players
Haemonetics Corporation
Life Diagnostica
Hemologix s.r.l
Medirox AB
Instrumentation Laboratory
Diagnostica Stago
Key players in thromboelastography machine market are focusing on implementing strategies such as new
product launches and acquisitions in order to retain dominant position in the market. For instance, in 2016,
Instrumentation Laboratory (IL) acquired CA Casyso AG (Basel, Switzerland) and its Tem subsidiaries
(Tem). This will help IL in expanding its product line in Hemostasis and Critical Care IVD and in
viscoelastic testing.
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