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Point of Care Testing Market is to be US$ 36 Billion by 2024
point-of-care-testing-market-forecast
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Point of Care Testing Market is anticipated to be US$ 36 Billion, by 2024 experiencing a significant growth over the forecast period. The concept of Point of Care Testing (POCT), also known as bedside, near-patient testing and decentralized testing, relates to tests that are conducted by clinical operators at the site of patient care where immediate medical action is taken on the results. The fact that point of care (POCT) represents a departure from conventional laboratory medicine has created new opportunities in the field of diagnostics industry.
Point of Care Testing market is expected to witness substantial growth due to rising incidence of chronic diseases; rapidly growing middle class population in developing countries like China & India, Continued Expansion of Point of Care Including Self Testing and New Evolution in Point of Care Testing further boosts the demand for the industry over the forecast period.
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Renub Research report titled “Point of Care Testing Market, Global Forecast, By Diagnostics (Blood Glucose, Cardiac Marker, Lipid Panel/Cholesterol, Blood Coagulation, Infectious Disease, Urinalysis, Drug of Abuse, Fecal Occult Blood, Pregnancy & Fertility and Tumor Marker), Mode (Prescription-based Testing and OTC-based Testing), End Users (Hospitals, Clinic, Laboratories, Assisted Living Healthcare Facilities and Home), Regions (North America, Europe, Asia-Pacific Latin America and Middle East/Africa), Companies (Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Quest Diagnostic Becton, Dickinson & Company and Johnson & Johnson)” provides a complete analysis of Point of Care Testing Market.
By Diagnostics - Blood Glucose and Infectious Disease controls the Point of Care Testing Market
The report studies the market of the following Diagnostics segments: Blood Glucose, Cardiac Marker, Lipid Panel/Cholesterol, Blood Coagulation, Infectious Disease, Urinalysis, Drug of Abuse, Fecal Occult Blood, Pregnancy & Fertility and Tumor Marker.
By Mode – OTC-based Testing has Intense Future Ahead
The report studies the Point of Care Diagnostics market by Prescription-based Testing and OTC-based Testing.
By End Users – Hospital and Clinic Point of Care Testing Market have Bright Future
It is believed that in near future; Hospital Point of Care Testing Market will certainly rule the Point of Care Testing Market. The report provides a detailed competitive landscaping Market of Hospitals, Clinic, Laboratories, Assisted Living Healthcare Facilities and Home.
By Region – North America and Europe will drive the Point of Care Testing Market
North America and Europe together controls the Point of Care Testing Market. In addition; the report also provides the complete geographical analysis of Asia-Pacific Latin America and Middle East/Africa Point of Care Testing Market.
Companies Analysis
Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Quest Diagnostic, Becton, Dickinson & Company and Johnson & Johnson are some of the top companies operating in the Point of Care Testing; which has been studied thoroughly in the report.
All the 6 Companies Studied in the Report have been Studied from 3 Points
• Company Overview
• Business Portfolio
• Financial Insight
This market research report provides a complete analysis of the Point of Care Testing Market, Growth Drivers, Challenges, and their projections for the upcoming years.
By Testing Segments
• Blood Glucose
• Cardiac Marker
• Lipid Panel/Cholesterol
• Blood Coagulation
• Infectious Disease
• Urinalysis
• Drug of Abuse
• Fecal Occult Blood
• Pregnancy & Fertility
• Tumor Marker
By Mode
• Prescription-based Testing
• OTC-based Testing
By End Users
• Hospital
• Clinic
• Laboratories
• Assisted Living Healthcare Facilities
• Home
By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East/Africa
Key Companies Covered in the Report:
• Abbott Laboratories
• Siemens Healthineers
• Roche Diagnostics
• Quest Diagnostic
• Becton, Dickinson and Company
• Johnson & Johnson
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Rajat Gupta
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Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.
Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.
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