Research Nester has recently announced new market demand assessment research titled “Point of Care Diagnostic (POC) Devices / Equipment Market – Global Demand Analysis & Opportunity Outlook 2021”. The global market study provides a granular data and in-depth analysis on the current and future market situations that are crucial for the existing &new players in the market. The industry research is based on key factors like demand & supply analysis, commercial activities, research investments, pricing analysis, government initiatives & guidelines, driving forces in the market, roadblocks and segmentation based on the product viability.
Point of care diagnostics accomplished by non-laboratory persons and the results are used for medical decision making.
The global point of care diagnostics market reached USD 15.6 billion in the year 2014 and it is expected to reach USD 29.5 billion at the end of 2021, registering a compound annual growth rate (CAGR) of 9.2%. North America point of care diagnostics market accounted 45% of the global revenue in the year 2015. The market in the region is likely to get propelled from the introduction of federal guiding principle for the diagnostics tests and occurrence of reimbursement outline. North America point of care diagnostic market is anticipated to showcase a modest growth in the forecast years. In North America, the United States account 47% of the total point of care diagnostics market at present and is expected to continue its dominance in near future in the region. Escalated spending in the healthcare sector can be a factor which raises the demand of point of care diagnostics market in Europe.
Asia-Pacific point of care diagnostics market is expected to rise at a fair rate from 2015 to 2021 and it is anticipated to reach USD 5,965 million in the year 2021.
Rising in the infectious diseases across the world, increasing diseases like respiratory, hormonal imbalances, diabetes, inclination towards home-based primary care & diagnostic preferences and rising consumption of home based point of care devices are the major factors which are projected to drive the global point of care diagnostics market in the coming six year.
Technological advancement in healthcare sector is yet another factor which is projected to pull the demand of global point of care diagnostics market in the forecasted year.
Analysis By Devices
On the basis of product type the global point of care diagnostics market can be divided into:
- Infectious Diseases Testing Kits
- Pregnancy And Fertility Testing Kits
- Glucose Monitoring Kits
- Coagulation Monitoring Kits
- Hematology Testing Kits
- Cardiac Markers
- Cholesterol Test Strips
- Fecal Occult Testing Kits
- Food Pathogens Testing Kits
- Tumor/Cancer Marker
- Urinalysis testing kits
- Abbott Laboratories
- Siemens Healthcare
- Becton Dickinsons & Company
- Danaher Corporation
- Roche Diagnostics
- Beckman Coulter Inc.
- North America (United States / U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia, Poland, Rest of Eastern Europe)
- Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
- Rest of World
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