Global Boronate Affinity Tests Market

The global Boronate affinity Tests market is expected to witness CAGR of 5% in forecast period to reach xxx MN by 2027 from xxx MN in 2019.

Boronate affinity Tests are widely used to measure the total glycated haemoglobin, consisting of HbA1c and other Hb variants regardless of the charge. It is a chromatographic technique for the quantitation of glycosylated haemoglobin using a boronic acid affinity support. The glycosylated haemoglobin gets bound to the immobilized boronic acid, which helps them to separate from non-glycosylated haemoglobin. It measures the total glycosylated haemoglobin (GHb), including HBA1c and Hb glycated at other sites. This test is conducted on people with Type 1 and Type 2 diabetes.
Global Boronate Affinity Tests Market Dynamics

Increasing number of diabetic’s patients in China, India, Brazil, and South Africa is expected to drive the market for The Boronate affinity tests in forecast period. As on 2020, number of diabetics’ patients in China, India, Brazil and South Africa was xx MN, xx MN, xx MN and XX MN respectively and total number of diabetics patients in these four countries is expected to be XXX MN by 2027.

The increasing diabetic population in these focused countries are expected to drive the market for Boronate affinity-based HBA1c laboratory tests. Country wise analysis of increment in the patients and the current tests in the industry are analysed with the share of Boronate affinity-based HBA1c.

According to CDC, around 34.2 million people were suffering from diabetes in 2019, while 88 million US adults were prediabetic. Routine tests for corporate employees by the company and government wellness programs have increased the market for Boronate affinity testing.

The migration of R&D facilities from western countries to the developing nations in APAC due to low labour costs is expected to increase demand for Boronate affinity chromatography products and similar other laboratory equipment in the forecast period. The rapidly increasing chemical industry and investments from private investors is also having a positive impact on the market.
Global Boronate Affinity Tests Market Segmentation

The market is segmented as: By technology, by indication, by region
Global Boronate Affinity Tests market, by technology

• Boronate Affinity Chromatography
• Boronate Affinity high-performance liquid chromatography
• Ion-exchange HPLC

Global Boronate Affinity Tests Market

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Technology Segment Analysis

The ion-exchange high performance liquid chromatography (HPLC) segment accounted for the largest share of the global Boronate Affinity Tests market in 2019.This segment is expected to expand at a significant CAGR during the forecast period. High Performance Liquid Chromatography increases ionic strength of buffer, identifies variants, and consumes less time. Hence, the segment is likely to dominate the market during the forecast period.
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Global Boronate Affinity Tests Market, by Indication

• Type 1 diabetes
• Type 2 diabetes
Global Boronate Affinity Tests Market, by Region

Global Boronate Affinity Tests Market1

North America to dominate the Global Boronate Affinity Tests Market

North America is expected to lead the market in the forecast period. The advancements in accurate diagnostic tests and adoption of advanced techniques has lead the country to top in the Boronate affinity tests market. Increase in diabetic population, Increase in awareness about this test and rise in physician prescriptions for this test are expected to elevate the market in this region.

Laboratory equipment manufacturers of this test are entering into partnership with laboratories, thereby driving the market.

Increase in funding by the government authorities, favourable reimbursement policies and an increase in diabetic and geriatric population is leading to a rise in number of laboratories for Boronate affinity tests.

The objective of the report is to present a comprehensive analysis of the Global Boronate Affinity Tests Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Boronate Affinity Tests Market dynamics, structure by analyzing the market segments and project the Global Boronate Affinity Tests size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Boronate Affinity Tests Market make the report investor’s guide.
Leading players operating the Global Boronate Affinity Tests Market

• Abbott Laboratories
• A. Menarini Diagnostics s.r.l
• Alere Inc.
• Trinity Biotech
• HUMAN DIgnostics
• HemoCue
• ARKRAY, Inc.
• Beckman Coulter, Inc
• Bio-Rad Laboratories, Inc.
• Diazyme Laboratories, Inc.
• EKF Diagnostics Holdings plc
• OSANG Healthcare Co. Ltd
• PTS Diagnostics
• Roche Diagnostics
• Siemens Healthineers
• Tosoh Bioscience, Inc.
• Trinity Biotech plc

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