Product Code: ETC8837944 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Coagulation reagents are essential components of hemostasis testing and are experiencing increased demand alongside analyzers. Local hospitals and labs rely on imports due to limited local production, making supply chain stability and regulatory approvals crucial in this growing market.
Reagent consumption is increasing in hospitals and pathology labs, driven by rising diagnostic test volumes. The market benefits from the expanding installed base of coagulation analyzers, and reagent rental business models are helping to sustain growth.
This market is limited by the dependence on imports and the lack of local manufacturing for reagents. Price sensitivity among laboratories often leads to the use of less advanced or generic alternatives, impacting test accuracy. Storage conditions and quality control during transit also present risks. Additionally, disruptions in global supply chains can cause reagent shortages, halting diagnostic procedures.
This market complements the analyzer segment, offering consistent demand for reagents used in routine and emergency coagulation tests. Investment in reagent manufacturing or partnerships for local distribution can create a sustainable revenue stream, especially when paired with diagnostic device offerings.
Coagulation reagents are classified as medical supplies under DOH and FDA regulations. They must comply with quality control, temperature sensitivity, and calibration standards. Reagents used in public hospitals are procured through the Philippine Government Electronic Procurement System (PhilGEPS). The government prioritizes locally available and cost-efficient reagents to improve diagnostic outcomes in underfunded health facilities.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Coagulation Reagents Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Coagulation Reagents Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Coagulation Reagents Market - Industry Life Cycle |
3.4 Philippines Coagulation Reagents Market - Porter's Five Forces |
3.5 Philippines Coagulation Reagents Market Revenues & Volume Share, By Test Type, 2021 & 2031F |
3.6 Philippines Coagulation Reagents Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Coagulation Reagents Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Philippines Coagulation Reagents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Coagulation Reagents Market Trends |
6 Philippines Coagulation Reagents Market, By Types |
6.1 Philippines Coagulation Reagents Market, By Test Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Coagulation Reagents Market Revenues & Volume, By Test Type, 2021- 2031F |
6.1.3 Philippines Coagulation Reagents Market Revenues & Volume, By APTT, 2021- 2031F |
6.1.4 Philippines Coagulation Reagents Market Revenues & Volume, By D-Dimer, 2021- 2031F |
6.1.5 Philippines Coagulation Reagents Market Revenues & Volume, By Fibrinogen, 2021- 2031F |
6.1.6 Philippines Coagulation Reagents Market Revenues & Volume, By Prothrombin, 2021- 2031F |
6.1.7 Philippines Coagulation Reagents Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Coagulation Reagents Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Coagulation Reagents Market Revenues & Volume, By Mechanical, 2021- 2031F |
6.2.3 Philippines Coagulation Reagents Market Revenues & Volume, By Electrochemical, 2021- 2031F |
6.2.4 Philippines Coagulation Reagents Market Revenues & Volume, By Optical, 2021- 2031F |
6.2.5 Philippines Coagulation Reagents Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Coagulation Reagents Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Philippines Coagulation Reagents Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Philippines Coagulation Reagents Market Revenues & Volume, By Research Institutes, 2021- 2031F |
6.3.4 Philippines Coagulation Reagents Market Revenues & Volume, By Diagnostic Centers, 2021- 2031F |
6.3.5 Philippines Coagulation Reagents Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Coagulation Reagents Market Import-Export Trade Statistics |
7.1 Philippines Coagulation Reagents Market Export to Major Countries |
7.2 Philippines Coagulation Reagents Market Imports from Major Countries |
8 Philippines Coagulation Reagents Market Key Performance Indicators |
9 Philippines Coagulation Reagents Market - Opportunity Assessment |
9.1 Philippines Coagulation Reagents Market Opportunity Assessment, By Test Type, 2021 & 2031F |
9.2 Philippines Coagulation Reagents Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Coagulation Reagents Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Philippines Coagulation Reagents Market - Competitive Landscape |
10.1 Philippines Coagulation Reagents Market Revenue Share, By Companies, 2024 |
10.2 Philippines Coagulation Reagents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |