Global Point of Care Diagnostics Market by 2020

1
Point of Care Diagnostics Market Analysis And
Segment Forecasts To 2020
2
Point of Care Diagnostics Market Analysis And
Segment Forecasts To 2020

• The global market for point of care
  diagnostics is expected to reach USD 18.7 billion
  by 2020. Relatively lower turnaround times
  exhibited by point of care diagnostic tests and
  the introduction of technologically advanced
  products enabled with features such as automation
  and miniaturization, are two of the most
  significant growth drivers of this market.
  Moreover, cost effectiveness associated with
  these tests in terms of infrastructure and staff
  management coupled with growing global prevalence
  of diabetes and cardiovascular diseases and
  rising market penetration rates of point of care
  diagnostic products in emergency departments and
  ICUs are expected to drive market demand over the
  next six years.
• Browse the report http//www.orbisresearch.com/r
  eports/index/point-of-care-diagnostics-poc-market-
  analysis-by-product-blood-gaselectrolytes-infectio
  us-diseases-hospital-glucose-testing-cardiac-marke
  rs-hematology-coagulation-primary-care-systems-dec
  entralized-clinical-chemistry-urinalysis-drug-abus
  e-testing-fertilit
• Growing number of decentralized diagnostic
  facilities is a significant trend observed in
  this market. Rise in prevalence of diseases with
  high unmet medical needs in terms of early
  diagnosis and treatment such as stroke, sepsis,
  hypercoagulation and diabetes and reimbursement
  policies supporting decentralized tests are some
  of the factors responsible for this market trend.
  

3
Point of Care Diagnostics Market Analysis And
Segment Forecasts To 2020

• North America dominated the overall
  market in 2012 at over 35. The presence of an
  encouraging reimbursement framework and the
  introduction of CLIA (Clinical Laboratory
  Improvement Amendments) waivers (e.g. waiver
  received by the HemoCue Albumin 201 System) for
  point of care test products by the U.S. FDA are
  some of the drivers of the North America market.
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  le/61466
• The Asia Pacific point of care diagnostics
  market on the other hand will grow at the fastest
  rate during the forecast period owing to the
  presence of high unmet medical needs coupled with
  rising healthcare expenditures in emerging
  countries such as India and China.
• The global point of care diagnostics market is
  dominated by key players such as Roche
  Diagnostics, Abbott Laboratories, Beckman Coulter
  Inc., Siemens Healthcare, Danaher Corporation,
  Becton Dickinson and Company.

4
Point of Care Diagnostics Market Analysis And
Segment Forecasts To 2020

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