What's driving the growth of Point-of-care Diagnostics (POC)Market | Prominent Players: Abbott, Hoffmann-La Roche, Johnson & Johnson, BD, Quidel, Sekisui Diagnostics, LLC, Danaher Corporation,Siemens

The increasing awareness about importance of proper infrastructure in healthcare set-ups is boosting the global point-of-care diagnostics market, predicts Fortune Business Insights in their new report. The report is titled,” Point-of-care Diagnostics (POC)Market: Global Market Analysis, Insights, and Forecasts, 2018 – 2026”.

According to the report, the market is anticipated to reach US$ 28,379.6 Mn by the end of 2026 from US$ 17,019.5 Mn in 2018. The forecast period is set from 2018 to 2026 and the market is expected to grow at a CAGR of 6.6%.

Browse Complete Report:
https://www.fortunebusinessinsights.com/industry-reports/point-of-care-diagnostics-market-101072

• Abbott
• Hoffmann-La Roche
• Johnson & Johnson
• BD
• Quidel
• Sekisui Diagnostics, LLC
• Danaher Corporation
• Siemens
• AccuBioTech Co., Ltd.
• Chembio Diagnostic Systems, Inc.
• EKF Diagnostics Holdings plc
• Instrumentation Laboratory (A Werfen Company)
• Nova Biomedical
• PTS Diagnostics

Increasing Need for Immunotherapy and Other Therapeutic Methods to Promote Growth

The rise in geriatric population and their vulnerability towards various are augmenting growth of the global point-of-care diagnostic market. This, coupled with the rising prevalence of infectious diseases, is boosting the market. The rise in disposable income of people worldwide has encouraged them to opt for better healthcare treatment and facilities. This is further prognosticated to fuel the demand for point-of-care diagnostics market in the coming years.

Furthermore, rising incidence of target diseases is propelling the demand for point-of-care treatment methods such as molecular target therapy, immunotherapy, and other therapy methods. Such factors are anticipated to help the market generate better revenue in the years to come.

However, factors such as high cost of installation and high maintenance costs may hamper the market in the long run. Nevertheless, with advancement in technology and new product launches, the market is anticipated to grow remarkably in the years to come.

Get Sample PDF:
https://www.fortunebusinessinsights.com/industry-reports/point-of-care-diagnostics-market-101072

Asia Pacific to Emerge as Fastest Growing Region Backed by Improving Healthcare Settings

Fortune Business Insights foresees the global market for point-of-care diagnostics to witness the dominance of North America owing to the increasing demand for technologically advanced point-of-care (POC) diagnostic tools and machinery that provided accurate results. As per Fortune Business Insights, the North America market was valued at US$ 6,125.5 Mn in 2018. However, the rapidly increasing and improving healthcare infrastructure in emerging economies of Asia Pacific such as China and India may help the region to emerge as the fastest growing region in the forecast duration.

TABLE OF CONTENT:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Number of Point-of-Care (POC) Diagnostics procedures by key countries, 2018
4.2. Price analysis of types of Point-of-Care (POC) Diagnostics
4.3. Regulatory scenario by key countries
4.4. Reimbursement scenario by key countries
4.5. New product launches
4.6. Key industry developments - mergers, acquisitions, and partnerships
4.7. Key growth indicators of Point-of-Care (POC) Diagnostics market
5. Global Point-of-Care (POC) Diagnostics Market Analysis, Insights and Forecast, 2015-2026

TOC Continued…!

Speak to Analyst:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/point-of-care-diagnostics-market-101072

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.