Haptoglobin Reagent Market Size

Haptoglobin Reagent Market size is projected to grow at around 8.2% CAGR during the forecast period i.e., between 2024-2036. The growth of the market is projected to the rising prevalence of anemia. World Health Organization (WHO) published a report showing that in 2019, 29.9% of women aged between 15 to 49 and 36.5% of pregnant women were found to be affected with anemia.

Furthermore, the global haptoglobin reagent market is projected to grow on the back of various growth factors such as, renal and chronic diseases. Haptoglobin, an acute phase protein, is produced by the liver and binds up hemoglobin to prevent renal damage and iron loss. Haptoglobin is found at 45 milligrams per deciliter of blood and if it gets any lower than that, serious conditions can arouse within the body. Rising net national income per capita is further anticipated to propel the growth of the market over the forecast period. World Bank released a set of data showing 8,784 net national income per capita in 2020. National income per capita demonstrated by World Bank for each country in the similar year was Australia (39,193), Brazil (5,758), Canada (34,808), China (7,540), Germany (38,407), India (1,682), and others.