Critical Care Diagnostics Market to Reflect Impressive Growth Rate of 6.0% by 2023 | Global Key Players - Abbott, Bayer AG, Sysmex, Bio-Rad Lab, Danaher, F. Hoffmann-La Roche

Marketprognosis.com Publish a New Market Research Report On “Global Critical Care Diagnostics Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Critical Care Diagnostics Market:

The Global Critical Care Diagnostics Market is expected to register a CAGR of about 6.0% during the forecast period of 2019-2023.

Critical care diagnostics deal with the specialized care and diagnosis of life-threatening diseases in patients. It is primarily driven by the increased number of physicians and patients’ demanding early disease diagnosis. As per the study scope of geographical regions, the well-established healthcare infrastructure with the high adoption rate of new technologies and increasing research and development activities provides North America an edge to sustain its high share over other regions to dominate the market.

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The increasing global prevalence of chronic and lifestyle-related disorders is one of the primary factors which is propelling the critical care diagnostics market. The chronic diseases majorly include cardiovascular diseases, cancer, stroke, infectious diseases, lung disorders, diabetes, chronic kidney diseases, and liver diseases. In case of diabetes, a significant percentage of intensive care units (ICUs) admissions include patients with unknown diabetes cases showing a high percentage of hyperglycemia, insulin infusion, and blood glucose. In developed regions such as North America, the prevalence of chronic obstructive pulmonary disease (COPD) is high, followed by asthma, which require frequent critical care diagnosis or hospitalizations. Similarly, a wide range of chronic diseases need critical care, particularly in the case of elderly patients.

The high costs related to molecular diagnostics tools and treatment restricts the growth of the critical care diagnostics market. The hospitals and other healthcare facilities are spending a high percentage of the amount for the molecular tests and tools maintenance including the associated research laboratories. Moreover, the development and clinical validation of molecular diagnostic clinical tests require high level of regulations as a drug development which limits the use of molecular diagnostics despite its potential use in critical care and precision medicine.

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The United States is one of the primary markets for critical care diagnostics, and is expected to sustain its dominance over the forecast period. According to the Society of Critical Care Medicine, United States, an estimated six million patients are admitted annually in ICUs for invasive monitoring which includes 20% of acute care admissions and 58% of emergency departments, all needing frequent high technological support. The rise in the awareness among people for early diagnosis adds to the rise in demand for critical care diagnostics market.

Major Key Players:

1 Abbott

2 Bayer AG

3 Becton, Dickinson & Company

4 Sysmex Corporation

5 Bio-Rad Laboratories, Inc.

6 Chembio Diagnostic Systems, Inc.

7 Danaher

8 F. Hoffmann-La Roche

9 Siemens

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Critical Care Diagnostics Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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