SWOT Analysis of Point-of-Care Testing (POCT) Market In-Depth Analysis To 2025 Profiling: Beckman Coulter, Abbott, BD, Johnson & Johnson, Siemens & More

Point-of-Care Testing (POCT) report is a comprehensive study on how the current state is for In Vitro Diagnostics market. This report provides a thorough synopsis for the Point-of-Care Testing (POCT) industry. It includes detailed market definition, classifications, applications and for most important the industry chain structure along with market trends and uses SWOT analysis. The report gives a deep knowledge about Point-of-Care Testing (POCT) Market and shows the important product developments and tracks recent acquisitions, merges and research in the In Vitro Diagnostics industry. This report provides the forecast for the years 2017 to 2024.

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Recent Developments: Global Point-of-Care Testing (POCT) Market

The demand for point-of-care testing (POCT) is growing due to the value-shift in healthcare and increasing technological advancements. Also, the rising prevalence of lifestyle and infectious diseases, early detection of diseases, and management of multiple chronic conditions is fueling the growth of the market. Some of the other factors contributing to the growth of the market are Private investments and venture funding, new product development and government support, increasing adoption of POC devices, and miniaturization of devices. On the other hand, factors such as pricing pressure, low reimbursement, and XX are restraining the growth of the market.

Segmentation: Global Point-of-Care Testing (POCT) Market Categories

• The global point-of-care testing market is segmented on the basis of product, prescription mode, distribution channel, end user and geography.

• On the basis of product the market is segmented into 13 major segments which includes blood glucose testing kits, cardiometabolic monitoring kits, infectious disease testing kits, cholesterol testing kits, pregnancy and fertility tests kits, tumor/cancer markers, urinalysis testing kits, cholesterol test strips, hematology testing kits, drugs of abuse testing kits, fecal occult testing kits, rapid coagulation testing kits, and others.

• Cardiometabolic Monitoring Kits are further segmented into cardiac markers, blood gas/electrolytes testing kits, HbA1c testing kits, and lipids testing. Also, infectious disease testing kits are further segmented into influenza testing kits, HIV testing kits, hepatitis C testing kits, sexually-transmitted diseases testing kits, tropical diseases testing kits, healthcare-associated infections), respiratory infections testing kits, others. Cholesterol testing kits are further divided into prothrombin time testing kits and activated clotting time testing kit.

• Based on prescription mode, the global point-of-care testing market is segmented into prescription based testing and over-the-counter (OTC) testing. The OTC testing is projected to witness higher growth during the forecast period.
• On the basis of distribution channel, the market is segmented into direct tenders and retail. In 2017, the direct tender market is expected to dominate the market.

• On the basis of end users, the market is segmented into hospital, clinics, ambulatory care, home healthcare, and research laboratory. Hospital segment is further categorized into emergency department critical-care unit, general ward, and others (intensive care unit, neo-natal). Also, clinic is segmented into physicians’ clinic and diagnostic clinic. In 2017, the hospitals segment is expected to dominate the global point-of-care testing market with more than 42.5% market share.

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TABLE OF CONTENTS

1. INTRODUCTION

1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL POINT-OF-CARE TESTING MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY

3. MARKET OVERVIEW

3.1. DRIVERS
3.1.1. GROWING GERIATRIC POPULATION
3.1.2. ADVANCEMENT IN TECHNOLOGY
3.1.3. DECENTRALIZED LABORATORY TESTING
3.2. RESTRAINTS
3.2.1. UNFAVOURABLE REIMBURSEMENT SCENARIO
3.2.2. ECONOMIC COST
3.3. OPPORTUNITIES
3.3.1. EMERGING MICROFLUIDIC LAB-ON-A-CHIP TECHNOLOGY
3.3.2. EMERGING MARKETS
3.3.3. UNMET MEDICAL NEEDS
3.4. CHALLENGES
3.4.1. LACK OF ACCURACY AND EFFICIENCY
3.4.2. DATA MANAGEMENT AND LACK OF CONNECTIVITY
3.4.3. TESTING PERFORMED BY NON-LABORATORY PERSONNEL AND LACK OF AWARENESS AMONG THE USERS

4. EXECUTIVE SUMMARY

5. PREMIUM INSIGHTS

6. GLOBAL POINT-OF-CARE TESTING MARKET: REGULATORY SCENARIO
6.1. OVERVIEW:
6.1.1. REGULATORY PROCEDURE

7. GLOBAL POINT-OF-CARE TESTING MARKET: REIMBURSEMENT SCENARIO
7.1. OVERVIEW

8. GLOBAL POINT-OF-CARE TESTING MARKET, BY PRODUCT TYPE
8.1. OVERVIEW
8.2. CARDIOMETABOLIC MONITORING KITS
8.2.1. CARDIAC MARKERS
8.2.2. BLOOD GAS ELECTROLYTE TESTING KITS
8.2.3. HBA1C TESTING KITS
8.2.4. LIPID TESTING KITS

9. COMPANY PROFILES

10. RELATED REPORTS

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Factors Driving the POCT Market

POCT can be an effective means of improving efficiency and outcomes and responding to essential healthcare needs among large populations and in rural areas. POCT is most advantageous when patient treatment can be improved by rapid results. The full potential of POCT is best realized in situations or disease states where having the result immediately available is imperative to treatment, thereby reducing downstream costs. Also, in a situation where the patient can receive real-time counselling based on the test results

Top Players Operating in this Market are :

• Abbott Laboratories, Inc.
• Roche Diagnostics Limited
• Siemens AG
• 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
• bioMérieux
• Biomerica, Inc.
• Atlas Genetics Ltd.
• Alfa Scientific Designs, Inc.
• Bio-Rad Laboratories, Inc.
• Medica Corporation
• Nova Biomedical.

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