Market Size of Lupus Anticoagulant Testing Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 400.10 Million |
Market Size (2029) | USD 528.30 Million |
CAGR (2024 - 2029) | 5.72 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Lupus Anticoagulant Testing Market Analysis
The Lupus Anticoagulant Testing Market size is estimated at USD 400.10 million in 2024, and is expected to reach USD 528.30 million by 2029, growing at a CAGR of 5.72% during the forecast period (2024-2029).
The major factors driving the market are the increasing prevalence of autoimmune diseases such as systemic lupus erythematosus (SLE) and the growing awareness about diagnosing and managing blood coagulation disorders.
The growing prevalence of systemic lupus erythematosus increases the demand for lupus anticoagulant testing to diagnose the disease and receive proper treatment on time. For instance, according to an article published in Rheumatology International in August 2022, systemic lupus erythematosus (SLE) is expected to be more prevalent among most ethnic groups in middle-income countries. SLE's overall incidence and prevalence across Asia-Pacific countries ranged from 4.3 to 45.3 per 100,000 population.
According to the article, the population also indicates a gradual increase in SLE prevalence in North America, Europe, and Asia. Hence, the significant prevalence of SLE is expected to increase the demand for lupus anticoagulant testing, ultimately driving the market during the forecast period.
Also, the rising awareness about the early diagnosis and management of blood coagulation disorders is expected to drive the demand for lupus anticoagulant testing, driving the market during the forecast period. For instance, in May 2024, the Centers for Disease Control and Prevention (CDC) and the National Blood Clot Alliance relaunched the ‘Stop the Clot' program. This program is an e-learning course that has been updated to provide current information on and best practices for identifying, treating, and managing patients who have blood clots caused by diseases like SLE.
Hence, the rising prevalence of systemic lupus erythematosus disease and rising awareness about blood clotting disorders are expected to increase the demand for lupus anticoagulant testing for early diagnosis of blood clot diseases. However, variability in diagnostic test results is expected to restrain the market during the forecast period.
Lupus Anticoagulant Testing Industry Segmentation
As per the scope of the report, lupus anticoagulant testing is a series of tests used to detect lupus anticoagulant (LA) in the blood. LA is an autoantibody associated with excess blood clot formation. LA testing may help determine the cause of blood clotting disorders. The lupus anticoagulant testing market is segmented into test type, end user, and geography. By test type, the market is segmented into prothrombin time (PT) test, activated partial thrombopl time test, dilute Russell’s viper venom time test, and coagulation factor VIII assay. By end user, the market is segmented into hospitals, clinics, and diagnostic laboratories. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD) for the above segments.
By Test Type | |
Prothrombin Time (PT) | |
Activated Partial Thrombopl Time | |
Dilute Russells Viper Venom Time | |
Coagulation Factor VIII Assay |
By End Users | |
Hospitals | |
Clinics | |
Diagnostic Centers |
Geography | ||||||||
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Lupus Anticoagulant Testing Market Size Summary
The lupus anticoagulant testing market is poised for significant growth over the forecast period, driven by the increasing prevalence of autoimmune diseases such as systemic lupus erythematosus (SLE) and heightened awareness of blood coagulation disorders. The demand for lupus anticoagulant testing is expected to rise as more individuals seek timely diagnosis and treatment for these conditions. The market is further bolstered by initiatives like the CDC's 'Stop the Clot' program, which aims to enhance understanding and management of blood clot-related diseases. Despite the promising growth trajectory, the market faces challenges due to variability in diagnostic test results, which could potentially restrain its expansion.
The dilute Russell's viper venom time (dRVVT) test is gaining traction as a preferred method for detecting lupus anticoagulants, contributing to the segment's revenue growth. Strategic activities, such as product launches by key players like BioMedica Diagnostics, are expected to further propel the market. North America is anticipated to hold a significant share of the market, supported by a robust healthcare infrastructure and substantial research investments in blood clotting disorders. The region's market growth is also fueled by government funding for research and development, aimed at advancing diagnostic and treatment procedures. The fragmented nature of the market, with numerous global and regional players, suggests increasing competition and potential for new entrants, driven by rising investments in pharmaceutical research and development.
Lupus Anticoagulant Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence of Autoimmune Diseases
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1.2.2 Growing Awareness About Blood Coagulation Disorders
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1.3 Market Restraints
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1.3.1 Variability in Diagnostic Test Results
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Test Type
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2.1.1 Prothrombin Time (PT)
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2.1.2 Activated Partial Thrombopl Time
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2.1.3 Dilute Russells Viper Venom Time
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2.1.4 Coagulation Factor VIII Assay
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2.2 By End Users
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2.2.1 Hospitals
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2.2.2 Clinics
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2.2.3 Diagnostic Centers
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Lupus Anticoagulant Testing Market Size FAQs
How big is the Lupus Anticoagulant Testing Market?
The Lupus Anticoagulant Testing Market size is expected to reach USD 400.10 million in 2024 and grow at a CAGR of 5.72% to reach USD 528.30 million by 2029.
What is the current Lupus Anticoagulant Testing Market size?
In 2024, the Lupus Anticoagulant Testing Market size is expected to reach USD 400.10 million.