Tuesday, 02 January 2024 12:17 GMT

Ferritin Testing Market Top Players, Segments & Regional Trends By 2034


(MENAFN- Straits Research) Introduction

Straits Research released its highly anticipated report, “Global Ferritin Testing Market Size & Outlook, 2026-2034”. According to the study, the market size is valued at USD 970.12 million in 2025 and is projected to expand to USD 1,839.51 million by 2034, registering a compound annual growth rate (CAGR) of 7.41%.

Market Dynamics

The global ferritin testing market is experiencing steady expansion, driven primarily by the rising prevalence of iron-related disorders and the growing emphasis on early diagnosis of conditions such as iron-deficiency anemia, hemochromatosis, and chronic inflammatory diseases. With iron-deficiency anemia affecting a notable share of the global population, especially women, children, and the elderly, health systems are increasingly prioritizing ferritin testing as a frontline diagnostic tool. The surge in preventive healthcare programs, wider screening initiatives, and higher clinical adoption of ferritin assays across hospitals and diagnostic laboratories are further reinforcing market growth.

However, the market faces challenges associated with the variability of ferritin levels caused by comorbid conditions. Since ferritin is an acute-phase reactant, its levels may rise in the presence of infections, liver disorders, or inflammatory diseases, which lead to diagnostic ambiguities. This reduced specificity complicates clinical interpretation and limits adoption in settings where advanced confirmatory tests are not readily available. On the other hand, a major opportunity lies in the rapid expansion of point-of-care ferritin testing technologies. As healthcare shifts toward decentralized diagnostics, portable POC analyzers are gaining traction for their ability to deliver quick results, support community-level screening, and enhance access in rural or resource-limited environments.

Market Highlights

  • Product: The kits segment is expected to register the fastest CAGR of 8.06%.
  • Application: The anemia segment dominated the market in 2025, accounting for 42.91% revenue share.
  • End Use: The hospitals segment is expected to register the fastest CAGR of 8.73%, owing to the rising volume of diagnostic testing handled by hospital-based laboratories.
  • Regional Insights: North America dominated the market, accounting for more than 35% of market share in 2025, owing to high awareness of anemia and iron-related disorders.

Competitive Players

  • Abnova Corporation
  • Aviva Systems Biology Corporation
  • bioMérieux
  • Bio-Rad Laboratories
  • Cortez Diagnostics Inc
  • Cosmic Scientific Technologies
  • CTK Biotech, Inc
  • Danaher
  • DiaSys Diagnostic Systems
  • Eurolyser Diagnostica GmbH
  • HORIBA
  • Humankind Ventures Ltd
  • Monobind Inc.
  • Omega Diagnostics
  • Pointe Scientific, Inc
  • QuidelOrtho
  • Randox Laboratories
  • Sysmex Corporation
  • Thermo Fisher Scientific Inc.
  • Others

    Recent Developments

    August 2025: Florey scientist Dr Nicole Jenkins is CEO and cofounder of FeBI Technologies, partnered to develop a new quantum-based blood test able to measure iron levels accurately.

    Segmentation

  • By Product (2026-2034)
  • Instrument
  • Reagent
  • Kits
  • Others
  • By Application (2026-2034)
  • Anemia
  • Hemochromatosis
  • Lead Poisoning
  • Pregnancy
  • Others
  • By End Use (2026-2034)
  • Hospitals
  • Diagnostic Laboratories
  • Others

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  • Straits Research

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