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Perfect Analysis on Global Point-of-Care Testing (POCT) Market is Thriving Worldwide with Prominent Players-, Accriva Diagnostics, OPTI Medical, Sienco, Inc., Alpha Scientific, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics, Inc.

04-08-2019 11:38 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Point-of-Care Testing (POCT) Market

Global Point-of-Care Testing (POCT) Market

The Global Point-of-Care Testing (POCT) Market report could be a comprehensive analysis on the study of trade. This report helps focus you on the additional necessary aspects of the market like what the market recent trends ar. The Global Point-of-Care Testing (POCT) Market report is associate degree analytical assessment of the prime challenges that are to come back within the market in terms of sales, export/import, or revenue. High players and makes are creating moves like developments, product launches, acquisitions, merges, joint ventures and competitive analysis within the market. Further, key players, major collaborations, merger & acquisitions at the side of trending innovation and business policies are reviewed within the report. The Global Point-of-Care Testing (POCT) Market marketing research report could be a resource that provides current additionally as future technical and monetary details of the trade to 2024.The report proves essential once it involves market definition, classifications, applications and engagements.

Global Point of Care Testing Market is expected to reach USD 35.3 billion by 2024 from USD 18.6 billion in 2016, growing at a CAGR of 8.4% in the forecast to 2024.

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Market Key Points: Global Point of Care Testing (POCT)

F. Hoffmann-La Roche Ltd. is going to dominate the Point-Of-Care Testing market following with-Siemens AG and Abbott Laboratories, Inc., along with others such as 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.

Focusing points in the report
1. Key trends in the market place
2. Major players and brands
3. Drivers and restrains of the market
4. Strategies of key players and product offerings
5. In-depth market segmentation

Market Segmentation: Global Point of Care Testing (POCT)

The global point-of-care testing market is segmented on the basis of product into 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, cardio metabolic 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.

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 rate of 8.9% during the forecast period to reach a value of USD 12.8 billion by 2024.

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 with a share of 64.0% in the forecast period 2017-2024.

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.

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Market Key Drivers: Global Point of Care Testing (POCT)
Some major factors driving the market for Point-Of-Care Testing market, such as increasing geriatric population, increase in infectious diseases (hepatitis, HIV infection, influenza, respiratory infections and others), technological advancements, introduction of home-based point of care devices, and rapid economic development in the emerging economies. These factors such as increased awareness among the population, ease of use, rapid test, right dosage to the right place, and enhanced patient compliance are also driving the growth for the point-of-care testing market.

Opportunities in the market
1. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
2. The key findings and recommendations highlight crucial progressive industry trends in the Global Point-of-Care Testing (POCT) Market, thereby allowing players to develop effective long term strategies
3. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
5. To get a comprehensive overview of the Global Point-of-Care Testing (POCT) Market.

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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us-

Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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