Market Size of Wardarin Sensitivity Test Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 5.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Warfarin Sensitivity Test Market Analysis
The warfarin sensitivity test market is expected to register a healthy CAGR during the forecast period. The major contributing factors responsible for driving the market growth are the increasing burden of blood-related disorders and technological advancements in the field.
- Thrombosis refers to the condition wherein a clot is formed in a blood vessel. According to the International Society of Thrombosis and Haemostasis, around one out of four people die due to thrombosis globally each year.
- Furthermore, according to the Center for Disease Control and Prevention, in 2020, between 60,000 to 100,000 people died due to thrombosis in the United States, and approximately 5 % to 8 % of the population has a genetic defect.
- The treatment for these disorders involves warfarin drug, and hence, the warfarin sensitivity test market is expected to witness high growth over the forecast period.