Research Methodology – Coagulation Testing Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Coagulation Testing Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Coagulation Testing Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Population demographics with a tendency of coagulation disorders like the elderly and middle-aged individuals.
- The incidence & prevalence rates of coagulation disorders such as Hemophilia, Venous Thromboembolism (VTE).
- The number of diagnostic laboratories and healthcare facilities offering coagulation tests.
- Technological advances in coagulation testing equipment and reagents.
- Healthcare awareness and facilities available within a region.
- Current pricing of coagulation tests and equipment and any potential changes in future.
- Product portfolio and pipeline products of the companies in the market.
Key Market Indicators
- Growth in the incidence of coagulation disorders.
- Increase in technological advancements in diagnostics.
- Growth in diagnostic laboratories and clinics offering these tests.
- Investment in healthcare sector notably in diagnostics.
- Government initiatives in healthcare development and disease awareness.
Growth Trends
- Increase in the usage of portable and compact coagulation analyzers.
- Growth in point-of-care testing.
- Increasing demand for genetic testing for the diagnosis of coagulation disorders.
- Growth in the number of diagnostic laboratories in emerging markets.
- Rising trend of Home-based healthcare will lead to increase in demand for coagulation self-testing devices.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Coagulation Testing Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Coagulation Testing Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights