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Point-Of-Care Diagnostics Market Share, Business Intelligence With abbott, Medtronic, bd, johnson and Johnson, biomerieux, siemens healthcare, roche diagnostics, beckman coulter, alere, accriva diagnostics
Point-Of-Care Diagnostics Market
The point-of-care diagnostics report carefully analyses the potential of the market with respect to current scenario and the future prospects with respect to several industry aspects. Key elements covered in the point-of-care diagnostics report are industry outlook along with critical success factors, industry dynamics, market definition, drivers and restraints, market segmentation, value chain analysis, key developments, application and technology outlook, regional or country level analysis and competitive landscape. This market report accomplishes comprehensive analysis of profiles of key market players that provides a competitive landscape. Point-of-care diagnostics report is a client-centric, leading edge and trustworthy which is formulated with the experience of skilful, enthusiastic and innovative team.
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
o South America
o Europe
o Asia-Pacific
o Middle East & Africa
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