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Hematology instruments and reagents are used in the study, diagnosis, and treatment of several blood-related disorders such as those related to red blood cells, WBC and platelets. They mainly consist of different types of analyzers and flow cytometers that are used in a variety of clinical settings for both regular and critical testing applications. Hematology instruments are widely used in diagnosing various types of cancer such as lymphoma, leukemia, and myeloma, and conditions such as anemia and vitamin deficiencies.

Over the past few years, the market for hematology has been shifting focus toward automation. The increasing incidence of blood disorders and improvement in healthcare facilities have bolstered the uptake of hematology instruments in diagnostics. Support from several private and public organizations is a key factor, positively impacting the hematology market. The lack of proper reimbursement coverage in some regions is likely to hinder the market to some extent. The growing adoption of digital imaging systems in the healthcare sector and the use of microfluidics technology are expected to boost the adoption of hematological instruments and analyzers.