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Point-Of-Care Diagnostics Market Trends, Research Report 2019 With Abbott Medtronic, BD, Siemens Healthineers, Roche, Beckman Coulter, bioMérieux, PTS Diagnostics, Accriva Diagnostics, ACON Laboratories, Johnson & Johnson, Alere Inc. And More
Point-Of-Care Diagnostics Market
All the statistics covered in this Point-Of-Care diagnostics report is represented in a proper way with the help of graphs, tables and charts which gives best user experience and understanding. This market report is truly a key to achieve the new horizon of success. This market research report gives you thorough idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. The Point-Of-Care diagnostics report is highly beneficial in planning of production, product launches, costing, inventory, purchasing and marketing strategies.
Global Point-Of-Care Diagnostics Market is expected to rise from its initial estimated value of USD 8.57 billion in 2018 to an estimated value of USD 17.20 billion by 2026, registering a CAGR of 9.1% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing adoption of home-based diagnostic tests and POC testing devices in the home-care
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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.
According to World Health Organization, there were an estimated Approximately 16.0 million (1.0%) disability and 1.7 million (2.8%) of deaths worldwide are attributable to low fruit and vegetable consumption almost more than half of these deaths could have been avoided with the availability of proper healthcare procedures. This significant number is expected to act as a driver to the market growth.
Market Drivers
· Increasing adoption of home-based diagnostic tests and POC testing devices in the home-care, this factor is expected to act as a driver for the market growth
Market Restraints
· Lack of confidence over the various point-of-care diagnostics products due to the product recalls from the various market competitors, this factor is expected to act as a restraint to the market growth
Key Market Competitors:
Few of the major competitors currently working in the point-of-care diagnostics market. are F.Hoffmann-La Roche Ltd (Switzerland) ., Siemens (Germany), Abbott (US) ., Beckman Coulter, Inc (US)., BDUS), Johnson & Johnson Services, Inc. (US), Alere Inc. (US), Instrumentation Laboratory (US), PTS Diagnostics (US), Abaxis . (US), Medtronic (Ireland), Accriva Diagnostics (US), OPTI Medical (US), Sienco, Inc. (US), Alpha Scientific (US), AccuBioTech Co. , Ltd. (CHINA), ACON Laboratories, Inc. (US), Acrongenomics, Inc. (Canada), bioMérieux SA, (France) Biomerica, Inc (US)., Atlas Genetics Ltd (UK)., Alfa Scientific Designs, Inc(US)., Bio-Rad Laboratories, Inc.(US), Medica Corporation(US), and Nova Biomedica (US), among others.
Key Developments in the Market:
· In July 2017, Siemens Healthiness acquire Epocal Inc., a subsidiary of Alere Inc. Epocal Inc. develops and provides point-of-care blood diagnostic systems for healthcare enterprises.
· In July 2017 Quidel Acquired Alere Triage MeterPro. acquisition has given Quidel diversification by seasonality and geographic point-of-care market.
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Global point-of-care diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, 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, South America and Middle East & Africa.
Segmentation: Global Point-Of-care diagnostics Market
· By Product
o Glucose Monitoring Products
• Strips
• Meters
• Lancets & Lancing Device
o Cardiometabolic
• Cardiac Marker
• Blood Gas/Electrolytes
• HBA1C
o Infectious Disease
o Influenza
o HIV
o Hepatitis C
o Sexually Transmitted Disease (STD)
o Healthcare-Associated Infection (HAI)
o Respiratory Infection
o Tropical Disease
o Other Infectious Disease
o Coagulation
o PT/INR
o Activated Clotting Time (ACT/APTT)
o Pregnancy and Fertility
• Pregnancy test
• Fertility test
o Tumor/Cancer Marker
o Urinalysis
o Cholesterol
o Hematology
o Drugs-of-Abuse
o Fecal Occult
o Other POC Products
· By Platform
o Lateral Flow Assays (Immunochromatography tests)
o Dipsticks
o Microfluidics
o Molecular Diagnostics
o Immunoassays
· By Prescription
o Prescription-Based Testing
o OTC Testing
· By End User
o Professional Diagnostic Centers
• Clinical Laboratories, Outpatient Healthcare & Ambulatory Care Settings
• Hospitals/Critical Care Centers
o Home Care
o Research Laboratories
o Other End Users
· By Geography
o North America
U. S.
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
o Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
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