2020 Point of Care Testing Market: World Business Growth, Demand, Trends, Key Players (Abbott, Roche, Siemens, Danaher, Becton, Dickinson)|Global Future Outlook 2025

The growing demand for Point of Care Testing has provided a major boost to the Global Point of Care Testing Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024

Global Point of Care Testing Market overview:

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.

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Regulations are the major factor that drives such as the high prevalence of infectious diseases in developing countries, increasing incidence of target conditions, rising preference for home healthcare across the globe, and growing government initiatives supporting the adoption of Point of Care Testing diagnostic products are driving the growth of the point-of-care diagnostics market during the study period.

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

1 Glucose

2 Lipids

3 HCV

4 HIV

5 Influenza/Urinalysis

Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

1 Infectious Disease

2 Non-Infectious Disease

The home care settings segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the increasing preference for home and remote monitoring and rising demand for rapid tests among home care users.

Some of the Point of Care Testing Market manufacturers involved in the market are Abbott, Roche, Siemens, Danaher, Becton, Dickinson, Johnson & Johnson, Instrumentation Laboratory, PTS Diagnostics, Quidel (US), Chembio, Sekisui Diagnostics, Nova, EKF Diagnostics, AccuBioTech, Trinity Biotech, Acquisitions and effective mergers are some of the strategies adopted by the Point of Care Testing Market manufacturers. New product launches and continuous technological innovations are the Point of Care Testing Market strategies adopted by the major players.

Latest Industry Updates:

Siemens:- In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. today signed an agreement to acquire New Delhi-based C&S Electric Limited. The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens' position as a key supplier of low-voltage power distribution and electrical installation technology in one of the world's fastest-growing economies. Under the agreement, Siemens Ltd. will acquire approximately 99 percent of the equity share capital of C&S Electric Limited for around Rs. 2,100 crore (approximately EUR 267 million). Closing of the acquisition is subject to regulatory approvals. In the future, Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India, supporting the export of electrification solutions to fast-developing markets around the world.

The scope of the acquisition comprises the Indian operations of C&S Electric's low-voltage switchgear components and panels, low and medium voltage power busbars as well as protection and metering devices businesses. Other businesses of the company such as medium voltage switchgear and package sub-station, lighting, diesel generating sets, EPC (Engineering, Procurement and Construction) and the Etacom busbars business will be retained by the owners.

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Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

The regional outlook on the Point of Care Testing Market offered in the report includes forecast and analysis on key trends impacting growth of the Point of Care Testing Market in the regional segments incorporated in the report. Market size or key segments included in the Point of Care Testing Market report have been delivered for the forecast period between 2020 and 2024. North America is estimated to account for the largest share of the market in 2019. This can be attributed to the growing prevalence of lifestyle diseases, increasing number of product approvals, and rising government initiatives to support the adoption of Point of Care Testing in this region.

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Table of Contents:

Global Point of Care Testing Market Report 2020

1 Point of Care Testing Definition

2 Global Point of Care Testing Market Major Player Share and Market Overview

3 Major Player Point of Care Testing Business Introduction

4 Global Point of Care Testing Market Segmentation (Region Level)

5 Global Point of Care Testing Market Segmentation (Product Type Level)

6 Global Point of Care Testing Market Segmentation (Industry Level)

7 Global Point of Care Testing Market Segmentation (Channel Level)

8 Point of Care Testing Market Forecast 2020-2024

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