Rapid Diagnostic Kit Market, Point of Care Testing Devices Market, Europe Point of Care Testing Devices Industry, Growth, Size : Ken Research - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Rapid Diagnostic Kit Market, Point of Care Testing Devices Market, Europe Point of Care Testing Devices Industry, Growth, Size : Ken Research

Description:

Europe POCT Devices Market has grown registering a robust CAGR of close to 8% during the review period. Currently, the market is in growth stage with high potential of future expansion in both developed and developing countries of the region.The report is useful for POCT Devices manufacturers, distributors, retailers, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. – PowerPoint PPT presentation

Number of Views:28
Slides: 9
Provided by: kenrsearch12
Tags:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Rapid Diagnostic Kit Market, Point of Care Testing Devices Market, Europe Point of Care Testing Devices Industry, Growth, Size : Ken Research


1
  • Europe POCT Devices Market Outlook to 2022 Ken
    Research

2
  • The report titled Europe POCT Devices Market
    Outlook to 2022 - by Geography (Western Europe
    Eastern Europe), by Product (Blood Glucose POCT,
    Infectious POCT, Cardiac POCT, Rapid Coagulation
    POCT, Blood Gas Electrolytes POCT, Hematology
    POCT, Pregnancy POCT, Urinalysis POCT,
    Cholesterol POCT, Fecal Occult POCT, Hb1Ac POCT
    Drugs of Abuse POCT), by Customer Segments
    (Hospitals Clinics, Diagnostics Labs Primary
    Care Units and Homecare Patients) provides a
    comprehensive analysis of Europe POCT devices
    market evolution and overview, market ecosystem,
    market nature, value chain entity analysis
    (OEMs, CF agents, distributors, retailers
    customers), market size, and market segments by
    Geography (Western Europe Eastern Europe), by
    Product (Blood Glucose POCT, Infectious POCT,
    Cardiac POCT, Rapid Coagulation POCT, Blood Gas
    Electrolytes POCT, Hematology POCT, Pregnancy
    POCT, Urinalysis POCT, Cholesterol POCT, Fecal
    Occult POCT, Hb1Ac POCT Drugs of Abuse POCT),
    by Customer Segments (Hospitals Clinics,
    Diagnostics Labs Primary Care Units and
    Homecare Patients) and by Instruments and
    Consumables. Competition landscape, competition
    nature, major competition parameters and market
    share of major companies along with company
    profiles of Alere, Roche Holding AG, Siemens
    Healthineers, Becton Dickinson, Sysmex
    Corporation, EKF Diagnostics Holding, PTS
    Diagnostics, Werfen, Danaher Corporation, A.
    Menarini Diagnostics, Trinity Biotech, FujiFilm
    and others have been profoundly covered in the
    report. The report underscores prevailing
    government rules and regulation along with
    analyst recommendation to highlight the major
    opportunities and cautions.
  • The report is useful for POCT Devices
    manufacturers, distributors, retailers, potential
    entrants and other stakeholders to align their
    market centric strategies according to ongoing
    and expected trends in the future.

3
Europe POCT Devices Market Size and Overview
  • Market Size Europe POCT Devices Market has grown
    registering a robust CAGR of close to 8 during
    the review period. Currently, the market is in
    growth stage with high potential of future
    expansion in both developed and developing
    countries of the region. Various factors
    supporting growth include high incidence of
    chronic diseases, rising health awareness,
    medical advancement in POCT sector, advancement
    in medical knowledge and RD work, unease
    associated with laboratory testing methods and
    new companies venturing the market. Increase in
    urban population especially in the metro-cities
    which has been the largest end-user segment of
    the market and higher spending on RD activities
    by the companies has led to the rise in number of
    point of care testing devices customer
    interest. A substantial increase in awareness
    amongst population in cities smaller towns has
    provided major thrust to this market. In
    parallel, growth popularity of pregnancy blood
    glucose POCT and advancement in technologies have
    given rise to new and improved devices. Advent of
    deadly infectious and cardiac diseases has led
    people to use these devices for quick detection.
    However, the market has been flooded with fake
    products, found all throughout the value chain.

4
Market Segmentation
  • By Geography Western Europe has led the overall
    European scenario in terms of sales of POCT
    devices in 2017. Advanced medical infrastructure,
    higher level of disposable income of people,
    higher awareness and spending on healthcare,
    presence of well established manufacturers and
    government support has enabled countries such as
    the Germany, Italy and UK to lead the overall
    European landscape in terms of both, sales and
    demand in the review period.
  • By Product Blood Glucose POCT devices led the
    market with highest sales revenue in 2017. The
    devices are used on routine basis to monitor
    glucose levels for people at home or for patients
    under tight glycemic control requirements. This
    segment was followed by Infectious, Cardiac,
    Rapid Coagulation, Blood Gas and Electrolytes,
    Hematology, Pregnancy POCT, Urinalysis POCT,
    Cholesterol Fecal Occult, Drugs of Abuse and
    Hb1Ac POCT devices respectively.
  • By Customer Segment Hospitals and Clinics have
    been the largest customers of POCT devices in
    Europe in 2017. The entity uses these devices for
    diagnostics, treatment, monitoring and rapid
    testing. The tests carried out consists of TB,
    HIV, Malaria, Syphilis, Dengue, Strep A, HBV, C
    Diff, CD, 4, HCV, MRSA, Flu, UTI, Viral and
    others. Diagnostic labs and primary care units
    constitute for second largest share in the
    market. Home care and patients occupied lowest
    share owing to low volume sales and low
    replacement demand. Major motive to buy a POCT
    device for home patients is self assessment
    referral and cost reduction.

5
  • By Instruments and Consumables Instruments
    comprise of an apparatus or a machine that is
    used in the diagnosis of an illness or disease,
    or for detecting, measuring, restoring,
    correcting or modifying the structure or function
    of the body for some health purpose. Consumables
    primarily comprise of strip based instruments
    such as Electrochemical or reflectance
    strip-based glucose meters and INR analyzers.
    HbA1c, Pregnancy, Cholesterol and Drug of Abuse
    POCT devices utilize consumables in large scale
    for diagnostics.
  • Competitive Landscape
  • Competition in the market has been concentrated
    among 6 major 10-15 smaller companies in 2017.
    These include Radiometer, Werfen, Siemens, Roche,
    Nova, Alere and others. Major competition is
    being driven through new product launches,
    innovation and marketing initiatives. Products
    are being manufactured domestically as well as
    imported.

6
  • Future Outlook and Tailwind
  • Market has been anticipated to showcase a
    substantial growth at a CAGR of close to 6
    during the forecast period. Increase in the
    number of new entrants in the market, larger
    product acceptance, new product launches,
    expanding distribution channels of existing
    players and higher marketing expenditure done by
    the companies are expected to be tailwind for
    future growth.

7
  • For more information on the research report,
    refer to below link
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/europe-poct-devices-market/149664-91.html
  • Related Reports-
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/medical-equipment-and-devices-market-research
    -report/119-91.html
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/vietnam-medical-devices-market/143604-91.html
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/indonesia-medical-devices-market/143545-91.ht
    ml
  • https//www.kenresearch.com/healthcare/medical-dev
    ices/global-robotic-surgery-market/142287-91.html
  • Contact UsKen ResearchAnkur Gupta, Head
    Marketing Communicationssales_at_kenresearch.com
  • 91-9015378249

8
(No Transcript)
About PowerShow.com