Global Prothrombin Time Testing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Instruments, Consumables, and Systems.

By Technology;

Mechanical Technology, Electrochemical Technology, Optical Technology, and Others.

By Test Type;

Coagulation Tests, PT/INR Tests, and Activated Partial Thromboplastin Time Tests.

By Methodology;

Manual Testing, Automated Testing, and Point of Care Testing.

By Application;

Thrombin Time (TT), Activated Partial Thromboplastin Time (aPTT), Prothrombin Time (PT), Partial Thromboplastin Time (PTT), and Others.

By End User;

Diagnostic Laboratories, Hospitals, Clinical Laboratories, POC T, Home Care Settings, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn971488029 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Prothrombin Time Testing Market (USD Million), 2021 - 2031

In the year 2024, the Global Prothrombin Time Testing Market was valued at USD 1,379.59 million. The size of this market is expected to increase to USD 2,043.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The Prothrombin Time Testing Market is poised for significant revenue growth and exponential expansion, projected to achieve remarkable Compound Annual Growth Rate (CAGR) from 2023 to 2030. This growth trajectory is primarily driven by escalating demand for Prothrombin Time Testing across various applications, including Hospital, Home Care Setting, Diagnostics Laboratory, among others, on a global scale. The report delves into lucrative opportunities within the Prothrombin Time Testing Market at the country level, offering precise insights into market dynamics, segments, trends, regions, and commercial developments of major key players worldwide throughout the forecast period.

Prepared with meticulous attention to detail, the Prothrombin Time Testing Market report amalgamates both quantitative and qualitative data analysis, offering a comprehensive outlook extending from 2023 to 2030. It encompasses a wide array of factors such as product pricing, market penetration of products or services at country and regional levels, Country Gross Domestic Product (GDP), market dynamics across parent and child markets, end application industries, major players, consumer behavior, and socio-political scenarios of countries, among others. Segmented for a detailed market analysis, the report delineates various sections, focusing on market segments, outlook, competitive landscape, and company profiles, each providing nuanced insights into end-use industries, product or service types, and other relevant market segmentation aspects. The market outlook section further elucidates market evolution, growth drivers, restraints, opportunities, challenges, Porter’s 5 Forces Framework, macroeconomic analysis, value chain analysis, and pricing analysis, shaping the market landscape both presently and over the forecasted period. With a keen eye on emerging trends influencing new business development and investment opportunities, the report serves as a comprehensive guide for stakeholders navigating the Prothrombin Time Testing Market terrain.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Test Type
    4. Market Snapshot, By Methodology
    5. Market Snapshot, By Application
    6. Market Snapshot, By End User
    7. Market Snapshot, By Region
  4. Global Prothrombin Time Testing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising prevalence of blood clotting disorders
        2. Growing geriatric population
        3. Increasing awareness of blood clot risks
      2. Restraints
        1. Cost of testing
        2. Availability of skilled personnel
      3. Opportunities
        1. Home healthcare settings
        2. Development of new applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Prothrombin Time Testing Market, By Product, 2021 - 2031 (USD Million)
      1. Instruments
      2. Consumables
      3. Systems
    2. Global Prothrombin Time Testing Market, By Technology, 2021 - 2031 (USD Million)
      1. Mechanical Technology
      2. Electrochemical Technology
      3. Optical Technology
      4. Others
    3. Global Prothrombin Time Testing Market, By Test Type, 2021 - 2031 (USD Million)
      1. Coagulation Tests
      2. PT/INR Tests
      3. Activated Partial Thromboplastin Time Tests
    4. Global Prothrombin Time Testing Market, By Methodology, 2021 - 2031 (USD Million)
      1. Manual Testing
      2. Automated Testing
      3. Point of Care Testing
    5. Global Prothrombin Time Testing Market, By Application, 2021 - 2031 (USD Million)
      1. Thrombin Time (TT)
      2. Activated Partial Thromboplastin Time (aPTT)
      3. Prothrombin Time (PT)
      4. Partial Thromboplastin Time (PTT)
      5. Others
    6. Global Prothrombin Time Testing Market, By End User, 2021 - 2031 (USD Million)
      1. Diagnostic Laboratories
      2. Hospitals
      3. Clinical Laboratories
      4. POC T
      5. Home Care Settings
      6. Others
    7. Global Prothrombin Time Testing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens Healthcare GmbH
      2. Helena Laboratories
      3. Abbott
      4. Thermo Fisher Scientific
      5. Chrono-Log Corporation
      6. Grifols
      7. Beckman Coulter
      8. Diagnostica Stago S.A.S.
      9. ARKRAY
      10. Micropoint Biosciences
      11. Medtronic
      12. Sysmex Corporation
      13. HemoSonics
      14. F. Hoffmann-La Roche
      15. Universal Biosensors
      16. Coagulation Sciences LLC
      17. Sekisui Medical
      18. Nihon Kohden Corporation
  7. Analyst Views
  8. Future Outlook of the Market