Point of Care Molecular Diagnostics Market Global Industry Size Trend Forecast - 2025 | Top Companies – gilent Technologies Inc., Abbott, F. Hoffmann-La Roche Ltd., Illumina Inc., Hologic Inc., QIAGEN, Myriad Genetics, Cepheid, Genomic Health

The report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. Global Point of Care Molecular Diagnostics Market report also puts light on historic data, present market trends, future products environment, marketing strategies, technological innovation, upcoming technologies, emerging opportunities, and the technical progress in the related industry. CAGR levels for the market with respect to its rise or fall are estimated in the report for the forecast period of 2018 to 2025.

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Global Point of Care Molecular Diagnostics Market is estimated to rise from the value of USD 627.6 million in 2017 to an estimated value of USD 1933.2 million by 2025, registering a CAGR of 15.1% during the forecast period of 2018-2025. This growth can be attributed to the rising cases of infectious diseases, and the growing demand for approved Point of Care Molecular Diagnostic tests.

Key Market Competitors:

• Agilent Technologies Inc.
• Abbott
• F. Hoffmann-La Roche Ltd.
• Illumina Inc.
• Hologic Inc.
• QIAGEN
• Myriad Genetics
• Cepheid, Genomic Health
• GenePOC Inc.
• DxNA LLC.
• Binx Health Inc.
• Spartan Bioscience Inc.
• Biocartis
• Beckman Coulter Inc.
• Johnson & Johnson Services Inc.
• Medtronic
• Siemens Healthcare GmbH
• Grifols S.A.
• Abaxis
• Bayer AG
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• Danaher
• OraSure Technologies Inc.
• BD
• Sysmex Corporation
• Quidel Corporation, and Meridian Bioscience Inc.

Market Definition: Global Point of Care Molecular Diagnostics Market

Point of Care Molecular Diagnostics is diagnostic equipment which is used to determine the cause of infectious disease causing agents. These machines/equipment’s help determine the accurate cause of these diseases in a timely manner, which is of utmost importance when dealing with these kind of diseases and also to implement the correct course of action.
The advancements and developments in the diagnostics market is attributed to the fact that the healthcare industry is focusing on detection and diagnosis in place of pharmaceuticals and medicines, to prevent the development of the diseases. This trend has directly affected the market growth and is helping the market to grow significantly.

Segmentation:

By Product
• Assays & Kits
• Instruments/Analyzers
• Services & Software

By Application

• Respiratory Diseases
• Sexually Transmitted Diseases
• Hospital-acquired Infection
• Oncology
• Hepatitis
• Others

By Technology

• Polymerase Chain Reaction
• In-Situ Hybridization
• Chips and Microarrays
• Mass Spectrometry
• Sequencing
• Isothermal Amplification
• Others

By End-User

• Physician Offices
• Hospitals
• Research Institutes
• Others

By Geography

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

Market Drivers:

• Increasing cases of infectious diseases causing the health professionals to determine the infections and its causes accurately in a timely manner, thereby increasing the demand for Point of Care Molecular Diagnostics Market.
• Increased demand for regulatory approved molecular tests driving the market

Market Restraint:

• Approval by the authorities is a time-consuming process and therefore the innovation programs suffer because of these long term regulations
• Research and development of these devices is very extensive and hugely resource consuming which is one of the major factors for the restraining of market expansion
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Competitive Analysis:

Global Point of Care Molecular 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 Molecular Diagnostics market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights:

• The key market players are analyzed and their effects on the market is also observed
• Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period
• The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025

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Report synopsis

1. To analyze the market size of the market and infer the key trends from it.
2. Comprehensive quantitative analysis of the industry is provided for the period of 2018-2025 to assist stakeholders to capitalize on the prevailing market opportunities.
3. Industry Chain Suppliers of Global Point of Care Molecular Diagnostics Market with Contact Information
4. To inspect the market based on product, market share and size of the product share.
5. Industry Chain Suppliers of Global Point of Care Molecular Diagnostics Market with Contact Information
6. The key findings and recommendations highlight crucial progressive industry trends in the Global Point of Care Molecular Diagnostics Market, thereby allowing players to develop effective long term strategies

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