POCT (Point-Of-Care Testing) Device Market Set for Sensational Development| Abbott Laboratories, Alere, roche Diagnostics Limited,Siemens AG, Becton, Dickinson, Johnson & Johnson Services, PTS Diagnostics

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Key stakeholders can consider statistics, tables & figures mentioned in this report for strategic planning which lead to success of the organization. Some are the key players taken under coverage for this study are Abbott Laboratories, Alere, roche Diagnostics Limited,Siemens AG, Becton, Dickinson, Johnson & Johnson Services, PTS Diagnostics, Nova Biomedical, Beckman Coulter and more.

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Europe POCT Device Market is expected to reach USD 11,682.54 billion by 2024 from USD 6,051.05 billion in 2016, at a CAGR of 8.6% in the forecast period to 2024.

The major factors driving the growth of this market are the rising scope of POCT devices, advancement in technology, increasing incidence of chronic diseases, rising demand for self-testing point-of-care testing devices, decentralized laboratory testing, and technological advancements like microfluidic lab on a chip technology. These factors increase the demand for devices such as blood glucose meter, CRP, HBA1C, Homocystein. On the other hand, high costsare regulatory hurdles that may hinder the growth of the market.

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Key Market Players

Some of the major players operating in this market are Abbott Laboratories, Inc. (U.S.), Alere Inc. (U.S.), roche Diagnostics Limited (Switzerland), Siemens AG (Germany), Becton, Dickinson and Company (U.S.), Johnson & Johnson Services Inc. (U.S.), PTS Diagnostics (U.S.), Instrumentation Laboratory (U.S.), Nova Biomedical (U.S.), Beckman Coulter, Inc. (U.S.) and others.

POCT Device Market report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. Company profiles of the key market competitors are analyzed with respect to company snapshot, geographical presence, product portfolio, and recent developments. This market report deals with plentiful aspects of the market. This market research report is across-the-board and object-oriented which is framed with the combination of a splendid industry experience, talent solutions, industry insight and most modern tools and technology.

Highlights of Report

o Buyers of the report will have access to unique information about top 10 players of the global POCT Device Market
o The report informs readers about future products and technologies to be introduced in the global POCT Device Market
o Readers are offered with comprehensive analysis on key revenue pockets of the global POCT Device Market
o The report provides details about long-term and short-term strategies adopted by major players of the global POCT Device Market
o The authors of the report have provided demand and growth trends of the global POCT Device Market and also its segments
o In the geographical analysis section, the report discusses about recent market developments in different regions and countries

Key Drivers: Europe POCT Device Market

Some of the major factors driving the market for rising scope of POCT devices, advancement in technology, increasing incidence of chronic diseases, rising demand for self-testing point-of-care testing devices, decentralized laboratory testing, and technological advancements like microfluidic lab on a chip technology. These factors increase the demand for devices such as blood glucose meter, CRP, HBA1C, Homocystein.

Rising cost of POCT devices is the factor which may hinder the growth of this market.

Many companies are making continuous efforts and advancesto make products more up to date, along with propelled innovations with reduced sample volume or less blood on portable devices. So as to create development for in-vitro diagnostics organizations in the market.

Emerging POCT device market as well as emergence of Microfluidic lab-on-a-chip technologieswill drive the market in future.

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All the statistics is represented very neatly with the help of graphs, tables and charts in the POCT Device report for the best user experience and understanding. Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the highlighting factors of this POCT Device report.

All these factors are of utmost importance when it comes to achieving a success in the competitive marketplace. The market insights and analysis provided in this market research report are based upon SWOT analysis on which businesses can trust confidently.

POCT Device Market Segmentation:

POCT Device Market Segmented By Product (Blood Glucose Testing Kits, Cardiometabolic Monitoring Kits, Infectious Disease Testing Kits, Cholesterol Testing Kits, Pregnancy & Fertility Tests Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Cholesterol Test Strips, Hematology Testing Kits, Drugs Of Abuse Testing Kits, Fecal Occult Testing Kits, Rapid Coagulation Testing Kits),

POCT Device Market Segmented By Prescription Mode (Prescription, OTC), Distribution Channel)

POCT Device Market Segmented By End User

The Europe point-of-care testing market report contains an in-depth profiling of the key market players, along with the recent developments (new product developments, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. For instance, in 2016, Health care giant Abbott Laboratories (U.S.) has acquiredAlere Inc. (U.S.), a diagnostics-testing company for USD 5.8 billion. The intent was to get access over Alere's portfolio that would provide a quick diagnoses that would perform speedy test as well as can save the time and cost.
Over-The-Counter testing market is growing with the highest CAGR.

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