Press release
Point of Care Testing Market (Impact of Covid-19) with top key players like F. HOFFMANN-LA ROCHE LTD, ABBOTT, Siemens Healthcare GmbH, Danaher, BD, Johnson & Johnson Services, Inc., Accubiotech Co,.Ltd., Instrumentation Laboratory, Nova Biomedical, bioMér
Latest market study on "Global Point of Care Testing Market Forecast to 2027 - Covid-19 Impact and Global Analysis - By Product (Glucose Monitoring Products, Cardiometabolic Testing Products, Infectious Disease Testing Products, Coagulation Testing Products, Pregnancy And Fertility Testing Products, Urinalysis Testing Products, Hematology Testing Products And Others), Platform (Lateral Flow Assays, Dipsticks, Microfluidics, Molecular Diagnostics, and Immunoassays), Application (Research & Development, Diagnosis), End User (Hospitals & Clinics, Home Care, Diagnostic Laboratories And Others)".The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Point of Care Testing market during the forecast period, i.e., 2020-2027. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.Request Sample Copy of Point of Care Testing Market at: https://www.theinsightpartners.com/sample/TIPBT00002659/?source=openpr-10271
What is Point of Care Testing Market?
Point of care testing (POCT), also known as bedside testing are medical diagnostic tests that are performed near the patient, or at the time of his/her consultation visit. These are rapid diagnostic tests that give the result immediately and both the patients as well as the healthcare professional does not have to wait for test results. These tests when used properly provide efficient, effective medical treatments and can enhance the quality of medical care. Patients can use these test at home and thus can have a track record of his medical treatment. These tests are also used in emergency departments and in operating theatres.
The increase in adoption of point of care testing in diagnostics, launch of technologically advanced products, shortage of skilled staff in healthcare industry, and increase in investments by medical device companies to develop rapid diagnostic tests are likely aid in the growth for global point of care testing market. Also introduction of favorable regulatory initiatives for point of care testing is expected to add novel opportunities in the forecast period for global Point of care testing market.
Some of the key players profiled in the study are F. HOFFMANN-LA ROCHE LTD, ABBOTT, Siemens Healthcare GmbH, Danaher, BD, Johnson & Johnson Services, Inc., Accubiotech Co,.Ltd., Instrumentation Laboratory, Nova Biomedical, and bioMérieux SA among others.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Point of Care Testing market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Point of Care Testing market?
4. What are the prominent market trends influencing the development of the Point of Care Testing market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Point of Care Testing market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Medical Device, Pharmaceutical, Healthcare and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Point of Care Testing Market globally. This report on 'Point of Care Testing Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Point of Care Testing market. The researcher provides an extensive analysis of the Point of Care Testing market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Competitive scenario:
The study assesses factors such as segmentation, description, and applications of Point of Care Testing industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.
Scope of the Report
The research on the Point of Care Testing market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the Point of Care Testing market on the basis of end user, product type, application, and demography for the forecast period 2021-2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
Point of Care Testing Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Major highlights of the report:
o All-inclusive evaluation of the parent market
o Evolution of significant market aspects
o Industry-wide investigation of market segments
o Assessment of market value and volume in past, present, and forecast years
o Evaluation of market share
o Study of niche industrial sectors
o Tactical approaches of market leaders
o Lucrative strategies to help companies strengthen their position in the market
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