Future of Point Of Care Testing Market Size 2025 Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Becton, Dickinson and Company, Quest Diagnostic, Johnson & Johnson, Danaher Corporation

Global Point of care testing Market to reach USD 50.5 billion by 2025 anticipated growing with a healthy growth rate of more than 10.0% over the forecast period 2018-2025. Healthcare decentralization coupled with the technological advancements is considered as the key growth trends for the global point of care testing market over the forecast period.

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Key driving factors for the point of care testing market are the high prevalence of chronic and infectious diseases along with the government support to promote a point of care testing. According to the fight chronic disease organization in 2015, in U.S. 133 million deaths are caused and disability due to chronic diseases. It is estimated that 45% of Americans populations are suffering from at least one chronic disease. Since the point of care, testing is a faster and efficient diagnostic test that offers better monitoring, diagnosis, disease management. As a result, the adoption and demand for point of care testing products would increase thereby, supplementing the growth of the market over the forecast period. Furthermore, growing awareness of point-of-care testing offers lucrative growth prospects for the point of care testing market across the globe. However, stringent government policies are expected to hinder the growth of the market during the forecast period.

On the basis of segmentation, the point of care testing market is segmented into the product, platform, mode, and end-user. The product segment of the global point of care testing market is classified into Glucose Monitoring Products, Infectious Disease Testing Products, Cardiometabolic Testing Products, Pregnancy & Fertility Testing Products, Coagulation Testing Products, Tumor/Cancer Marker Testing Products, Pregnancy & Fertility Testing Products, Cholesterol Testing Products, Urinalysis Testing Products, Drugs-of-Abuse Testing Products, Hematology Testing Products, Fecal Occult Testing Products and other POC products of which glucose monitoring testing products accounts the largest share owing to the increasing prevalence of diabetes. On the basis of the platform, the market is diversified into microfluidics, lateral flow assays, dipsticks, immunoassays, molecular diagnostics. The end-user segment is classified into research laboratories, home care, professional diagnostics centers, and other end-users. Also, the mode segment is bifurcated into OTC-based testing and prescription-based testing.

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The regional analysis of point of care testing market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America, and ROW. North America holds the leading position in point of care testing market owing to the high awareness amongst healthcare providers and patients regarding early disease diagnosis along with increasing healthcare expenditure. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific is witnessed owing to companies engaged in exploiting the untapped opportunities.

The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Some of the key players involved in the market are; Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Becton, Dickinson and Company, Quest Diagnostic, Johnson & Johnson, Danaher Corporation, Siemens, Accubiotech, EKF Diagnostics. Key companies are highly investing in R&D for energy efficient relays. They are also trying to dominate the market by offering upgraded versions of currently being used devices.

By Product: Glucose Monitoring Products, Infectious Disease Testing Products, Cardiometabolic Testing Products, Pregnancy & Fertility Testing Products, Coagulation Testing Products, Tumor/Cancer Marker Testing Products, Cholesterol Testing Products, Urinalysis Testing Products, Drugs-of-Abuse Testing Products, Hematology Testing Products, Fecal Occult Testing Products, Other POC products

By Platform: Microfluidics, Lateral Flow Assays, Dipsticks, Immunoassays, Molecular Diagnostics

By Mode: OTC-based testing, Prescription-based testing

By End-user: Research laboratories, Homecare, Professional diagnostics centers, Other End Users

Regions:

North America: U.S., Canada, Europe, UK, Germany.

Asia Pacific: China, India, Japan.

Latin America: Brazil, Mexico

Rest of the World

Target Audience of the Point Of Care Testing Market Study: Key Consulting Companies & Advisors, Large, medium-sized, and small enterprises, Venture capitalists, Value-Added Resellers (VARs), Third-party knowledge providers, Investment bankers, and Investors

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Table of Contents

Chapter 1. Research Methodology

Chapter 2. Global Point Of Care Testing Market Definition & Scope

Chapter 3. Executive Summary

Chapter 4. Global Point Of Care Testing Industry Dynamics

Chapter 5. Global Point Of Care Testing Market by Product

Chapter 6. Global Point Of Care Testing Market by Vehicle Type

Chapter 7. Global Point Of Care Testing Market by Application

Chapter 8. Global Point Of Care Testing Market, Regional Analysis

Chapter 9. Competitive Intelligence

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