Point-Of-Care Diagnostics Market Advancing Due To Increasing Infectious Diseases With Top Players Like F.Hoffmann-La Roche Ltd., Siemens, Abbott Laboratories, Beckman Coulter, Becton and More

The report From Data Bridge Market Research  Forecasting Global Point-Of-Care Diagnostics Market By Disease (Diabetes, Cardiac, Coagulation, Cholesterol, Urinary, Blood Gas, Drug Of Abuse, Infectious, Pregnancy & Fertility, Cancer, Hematology, Others), By End User (Hospital, Clinics, Ambulatory Care, Home Healthcare, & Research Laboratory) and by Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa). Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of point-of-care diagnostics market for Global, Europe, North America, Asia Pacific and South America. The Point-Of-Care Diagnostics Market accounted to USD 7.2 billion in 2016 growing at a CAGR of 9.2% during the forecast period of 2017 to 2024. The point-of-care diagnostics market is highly fragmented and is based on new product launches and clinical results of products.

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Some of the major players operating in point-of-care diagnostics market are  F.Hoffmann-La Roche Ltd., Siemens AG, Abbott Laboratories, Inc., Beckman Coulter, Inc., Becton, Dickinson and Company, Johnson & Johnson, Alere Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Inc., Medtronic, Accriva Diagnostics, OPTI Medical, Sienco, Inc., Alpha Scientific, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics, Inc., bioMérieux SA, Biomerica, Inc., Atlas Genetics Ltd., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, and Nova Biomedica, among others.        

Major Market Drivers and Restraints:

Increasing incidences of infectious diseases
Increase in prevalence of lifestyle diseases
Rising usage of home-based POC devices
Rising disposable income and increasing healthcare expenditure
Product recalls
Irregular reimbursement scenario
 

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Market Definition: Global Point-Of-Care Diagnostics 

Point-Of-Care diagnostics are the techniques used for early and quick diagnosis of diseases. These techniques are highly sensitive, cost-effective, and produce results in minimal time frame. These diagnostics techniques are used hospital, clinics, ambulatory care, home healthcare, and research laboratory.

 
Market Segmentation : Global Point-Of-Care Diagnostics Market

By disease, the market for point-of-care diagnostics market is segmented into diabetes, cardiac, coagulation, cholesterol, urinary, blood gas, drug of abuse, infectious, pregnancy & fertility, cancer, hematology, others. On the basis of end-user, the point-of-care diagnostics market is segmented into hospitals & clinics, home healthcare, ambulatory surgical centers.
On the basis of geography, point-of-care diagnostics market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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