Press release
Point-of-care Diagnostics Market to Observe Strong Development of 9.8% CAGR by 2024 | Top Key Players – Abbott, Siemens AG, Beckman Coulter, J & J, Nova Biomedical, Qiagen
Global Point-of-care Diagnostics Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Point-of-care Diagnostics report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies.Overview of the Global Point-of-care Diagnostics Market:
The report spread across 114 pages is an overview of the Global Point-of-care Diagnostics Market. These report study based on the Point-of-care Diagnostics Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
The Global Point-of-care Diagnostics Market is expected to register a CAGR of 9.8%, over the forecast period (2019 - 2024). One of the major factors responsible for the growth of the market is the rising prevalence of chronic and infectious diseases in developing economies.
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The prevalence of chronic diseases, like diabetes, rheumatism, or cancer, is increasing globally, due to various reasons, such as an increase in geriatric population, sedentary lifestyles, unhealthy food habits, and environmental factors. For instance, chronic diseases kill more than 38 million people each year, globally. Cardiovascular diseases account for most chronic disease deaths, or 17.5 million people, annually, followed by cancers (8.2 million), respiratory diseases (4 million), and diabetes (1.5 million). The aforementioned diseases account for 82% of all the chronic disorder deaths.
Blood Glucose Testing is expected to Hold Major Revenue Share in the Type of Products Segment, due to the success of hand-held glucose meters, owing to their high adoption rate among the population across the world. Periodic monitoring of glucose level is of vital importance for diabetic patients, which has encouraged the adoption of POC among the diabetic patients in this segment. Other advantages associated with hand-held glucose meters are the portability and easy operability. Rising prevalence of diabetes across the world is expected to boost the segment growth in the future.
Regionally, North America dominates the Point-of-care Diagnostics Market and is expected to continue its stronghold for a few more years. In the North America region, the US holds the largest market share. This can be majorly attributed due to the growing geriatric population base in the country, as well as the factors, such as the increasing prevalence of diseases and the favorable government regulations and initiatives undertaken for the development of healthcare infrastructure.
This comprehensive Point-of-care Diagnostics Market research report 2019 – 2024 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyses the market size, industry share, growth, key segments, CAGR and key drivers.
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Major Key Players:
1 Abbott
2 Siemens AG
3 Beckman Coulter Inc.
4 Becton, Dickinson and Company
5 Instrumentation Laboratory
6 Johnson and Johnson
7 Nova Biomedical
8 Qiagen
9 F. Hoffmann-La Roche Ltd and More……………….
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This study answers to the below key questions:
1 What will the market size be in 2024 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
Table of Contents:
1 Introduction
2 Global Point-of-care Diagnostics Market Research Methodology
3 Executive Summary
4 Global Point-of-care Diagnostics Market Dynamics
5 Global Point-of-care Diagnostics Market Segmentation
6 Competitive Landscape
7 Global Point-of-care Diagnostics Market Opportunities and Future Trends
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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