Title: Point Of Care Diagnostics Market Trends, Size, Segments and Forecast to 2022
1Point of Care Diagnostics Market
Global Opportunity Analysis and Industry
Forecasts, 2014 - 2022
2Point of Care Diagnostics Market Overview
- The point of care diagnostics market report
highlights the productive growth of the industry
in the given forecast period. - The study focus on the advancements made in the
field of diagnostics and how POC testing kits
have gained popularity in the last few years. - It focuses on the various market segments, based
on kits product type including glucose
monitoring, infectious disease testing,
urinalysis, pregnancy testing, cholesterol test
strips, fecal occult, hematology testing, and
cardiometabolic monitoring. - The report profiles the big industry players,
along with an extensive analysis of their product
profiles, business performances, and marketing
strategies. - The report comprises of critical data and inputs
about the various production volumes and
consumption of point of care diagnostic kits
across various medical disciplines.
Point of Care Diagnostics Market
3Current and Future Market Scenario
- According to the study, the entire Point of Care
Diagnostics market is estimated to reach a value
of 43,336 million by the year 2022. - Point of Care Diagnostics Market will grow at a
CAGR of 9.4 during the period 2016-2022. - In 2015, glucose monitoring kits was the leading
segment of overall point of care diagnostics
market revenue. - Infectious disease testing kits segment is
expected to grow at a remarkable CAGR of 13.1,
owing to increased demand in the diagnosis of
infectious diseases. - Over-the-counter testing kits segment is
projected to grow at a CAGR of 104 during
analysis period.
Point of Care Diagnostics Market
4Factors Contributing to Market Growth
- Rising prevalence of various infectious diseases
and several initiatives implemented by government
and non-government associations for rise in
health awareness around the world are the factors
majorly driving the point of care diagnostics
market growth - Other factors that contribute to market growth
are - Increasing prevalence of chronic and infectious
diseases - Initiatives implemented by government and
not-for-profit associations for rising health
awareness - Technological Advancements and adoption of
home-based point of care devices - Increasing healthcare expenditures worldwide
Point of Care Diagnostics Market
5Market Segments
Point of Care Diagnostics Market
6Dominating Segments
- Glucose monitoring kit was the leading segment in
2015 and is expected to continue dominance
throughout the forecast period. - Glucose monitoring devices are used to measure
the amount of glucose or sugar level in the blood
stream. - The clinically unmet demands of infectious
diseases diagnoses has popularized the growth of
the infectious disease testing kits market
segment. It is expected to exhibit a remarkable
CAGR of 13.1 during the forecast period.
Point of Care Diagnostics Market
7Region Overview
- Geographically, the Point of Care Diagnostics
Market is segmented across North America, Europe,
Asia-Pacific, and LAMEA. - North America was the leading regional POC
devices market followed by Europe and
Asia-Pacific in 2015. - Japan alone is the major shareholder in the
Asia-Pacific region accounting for about
one-third share of the Asia-Pacific point of care
diagnostics market. - Asia-Pacific infectious diseases testing kits
market is expected to grow at a CAGR o 14.1
during analysis period.
Point of Care Diagnostics Market
8Leading Players
- The leading players in the point of care
diagnostics industry are highly focused to expand
their business operations in the fast-growing
emerging countries with new product launches as
the preferred strategy. - Abbott Laboratories, Siemens AG, F. Hoffmann-La
Roche Ltd., Sinocare Inc., Johnson Johnson,
Sysmex Corporation, Nova Biomedical, Danaher
Corporation, Becton Dickinson and Company,
bioMrieux SA, and Bio-Rad Laboratories are key
players in this industry.
Point of Care Diagnostics Market
9Point of Care Diagnostics Market
A report titled Point of Care Diagnostics
Market- Opportunities and Forecasts, 2014 2020
has been recently published by Allied Market
Research. The report makes close observations of
pipeline structure for end-to-end point of care
diagnostic market around the world. It makes an
in-depth analysis of current trends, drivers, and
restraining factors that affect financial ratios
relevant to the industry. Company profiles for
key vendors in business builds a comprehensive
picture of profitable opportunities from
stakeholders perspective.
To know more about the Point of Care Diagnostics
Market- Opportunities and Forecasts, 2014 2020
report https//www.alliedmarketresearch.com/poin
t-of-care-diagnostics-market
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