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Point-of-care Diagnostics Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Point-of-care

The “Point-of-care Diagnostics Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Point-of-care Diagnostics market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Point-of-care Diagnostics market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The point-of-care diagnostics market is expected to register a CAGR of 9.8%, over the forecast period. One of the major factors responsible for the growth of the market is the rising prevalence of chronic and infectious diseases in developing economies. The prevalence of chronic diseases, like diabetes, rheumatism, or cancer, is increasing globally, due to various reasons, such as an increase in geriatric population, sedentary lifestyles, unhealthy food habits, and environmental factors. For instance, chronic diseases kill more than 38 million people each year, globally. Cardiovascular diseases account for most chronic disease deaths, or 17.5 million people, annually, followed by cancers (8.2 million), respiratory diseases (4 million), and diabetes (1.5 million). The aforementioned diseases account for 82% of all the chronic disorder deaths. Point-of-care diagnostics is gaining wide acceptance by different patients across the world, as samples are collected from the patient’s location for performing tests, and the results can be achieved in very less time, due to the use of micro fluids, chips, and nano diagnostics.
  • Factors, such as the increasing number of regulatory approvals for novel immunoassay techniques, technological advancements, and the rising usage of home-based POC devices, are expected to drive the market growth, over the forecasted period.

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    In Point-of-care Diagnostics Market Report, Following Companies Are Covered:

  • Abbott
  • Siemens AG
  • Beckman Coulter Inc.
  • Becton, Dickinson and Company
  • Instrumentation Laboratory
  • Johnson and Johnson
  • Nova Biomedical
  • Qiagen
  • F. Hoffmann
  • La Roche Ltd

    Point-of-care Diagnostics Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • Point-of-care testing diagnostics have many advantages, which allows patient diagnoses at many places, such as in the physician’s office, an ambulance, the home, the field, or in the hospital. The results of care are timely and offer rapid treatment to the patient.

    Reasons for Buying Point-of-care Diagnostics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Blood Glucose Testing is Expected to Hold Major Revenue Share in the Type of Products Segment

    Blood glucose testing point-of-care diagnostics captured the largest share in 2018, due to the success of hand-held glucose meters, owing to their high adoption rate among the population across the world. Periodic monitoring of glucose level is of vital importance for diabetic patients, which has encouraged the adoption of POC among the diabetic patients in this segment. Other advantages associated with hand-held glucose meters are the portability and easy operability. Rising prevalence of diabetes across the world is expected to boost the segment growth in the future.

    North America Dominates the Market and is Expected to do Same in the Forecast Period

    Currently, North America dominates the market for point-of care-diagnostics, and is expected to continue its stronghold for a few more years. In the North America region, the United States holds the largest market share. This can be majorly attributed due to the growing geriatric population base in the country, as well as the factors, such as the increasing prevalence of diseases and the favorable government regulations and initiatives undertaken for the development of healthcare infrastructure.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Point-of-care Diagnostics create from those of established entities?

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    Detailed TOC of Point-of-care Diagnostics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Prevalence of Chronic and Infectious Diseases in Developing Economies
    4.2.2 Increasing Number of Regulatory Approvals for Novel Immunoassay Techniques
    4.2.3 Technological Advancements
    4.2.4 Rising Usage of Home-based POC Devices
    4.3 Market Restraints
    4.3.1 Product Recalls by Major Players Demotivate New Entrants
    4.3.2 Stringent Regulatory Policies and Reimbursement Issues
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Glucose Monitoring Kit
    5.1.2 Cardio-metabolic Monitoring Kit
    5.1.3 Pregnancy and Fertility Testing Kit
    5.1.4 Infectious Disease Testing Kit
    5.1.5 Cholesterol Test Strip
    5.1.6 Hematology Testing Kit
    5.1.7 Other Products
    5.2 By End User
    5.2.1 Hospital/Critical Care Setting
    5.2.2 Ambulatory Care Setting
    5.2.3 Research Laboratory
    5.2.4 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott
    6.1.2 Siemens AG
    6.1.3 Beckman Coulter Inc.
    6.1.4 Becton, Dickinson and Company
    6.1.5 Instrumentation Laboratory
    6.1.6 Johnson and Johnson
    6.1.7 Nova Biomedical
    6.1.8 Qiagen
    6.1.9 F. Hoffmann-La Roche Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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