US Point-of-Care Diagnostics Market Size to Reach around $11 Billion by 2024 – Arizton

The US point-of-care diagnostics market size is expected to reach revenues of approximately $11 billion by 2024, growing at a CAGR of over 7% 2018–2024.

The dynamic changes in the healthcare industry and increasing focus on patient-centered services will propel the demand of point-of-care diagnostics in the US. The implementation of reforms and policies that enable professionals to provide cost-effective and high-quality care to patients is revolutionizing the POCT market. POC testing is emerging as an alternative diagnostic model especially for people residing in remote locations of the country.

The US point-of-care diagnostics market is driven by the latest innovations in diagnostics industry is to provide an expedited diagnosis for quick clinical decision making to support treatment regimens. The growing need to deliver quantitative lab-quality results and transfer to an information system, or a healthcare professional, or store as an electronic medical record for future analysis and interpretation will drive the demand for new technologies in the US point-of-care diagnostics market. The market research report provides in-depth market analysis and segmental analysis of the US point-of-care diagnostics market by product, technology, usage type, and end-users.

The report considers the present scenario of the US point-of-care diagnostics market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The report segments the market based on the product type (POC analyzers and consumables); application type (blood glucose testing, cardiovascular and metabolic testing, infectious disease testing, blood coagulation testing, hematology testing, cancer testing, drugs of abuse testing, and pregnancy and fertility/ovulation testing); usage type (professional POC diagnostics and at-home POC diagnostics) and end-user type (professional healthcare settings, home care, and others), while elaborating the present market scenario and discussing the futuristic demand in the market for POC diagnostics. It also profiles and analyzes the leading companies and various other prominent companies operating in the market. The report also discusses the future market growth, improvement areas, and strategic recommendations for the US point-of-care diagnostics market vendors.

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US Point-of-Care Diagnostics Market – Vendor Profiles

Major Vendors
• Abbott
• F. Hoffmann-La Roche
• Siemens Healthineers

Key companies to Watch
• Danaher
• LifeScan
• Ascensia Diabetes Care Holdings
• Quidel
• BD

Prominent Players
• Abaxis
• Acon Laboratories
• AgaMatrix
• Arbor Vita
• bioMérieux
• Chembio Diagnostic Systems
• EKF Diagnostics USA
• Exact Sciences
• Instrumentation Laboratory
• Meridian Bioscience
• Sekisui Diagnostics
• Sinocare
• Sysmex America
• Swiss Precision Diagnostics

US Point-of-Care Diagnostics Market – Segmentation

Market Segmentation by Product
• POC Analyzers
• Consumables
Market Segmentation by Application
• Blood Glucose Testing
• Cardiovascular and Metabolic Testing
• Infectious Disease Testing
• Blood Coagulation Testing
• Hematology Testing
• Cancer Testing
• Drugs of Abuse Testing
• Pregnancy and Fertility/Ovulation Testing
Market Segmentation by Usage
• Professional POC Diagnostics
• At-Home POC Diagnostics
Market Segmentation by End-users
• Professional Healthcare Settings
• Home Care
• Others

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US Point-of-Care Diagnostics Market – Table of Contents

1 Research Methodology
2 Research Objectives
3 Research Process

4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 US Point-of-care Diagnostics Market Segmentation by Product Types
4.3.2 US Point-of-care Diagnostics Market Segmentation by Application Types
4.3.3 US Point-of-care Diagnostics Market Segmentation by Usage
4.3.4 US Point-of-care Diagnostics Market Segmentation by End-user Types

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

6 Market at a Glance
7 Introduction
7.1 POC: An Overview

8 Market Dynamics
8.1 US Point-of-care Diagnostics Market Growth Enablers
8.1.1 Increase in Prevalence/Incidence of Several Acute and Chronic Diseases
8.1.2 New Product Approvals/Launches
8.1.3 Increasing Number of CLIA Waiver POC Tests
8.1.4 High Focus on Early Diagnosis and Disease Prevention
8.1.5 Vendors’ Focus on Manufacturing Innovative POC Platforms for Existing and New Applications
8.1.6 YOY Impact of Market Growth Enablers
8.2 US Point-of-care Diagnostics Market Growth Restraints
8.2.1 Time Consuming and Stringent Regulations for Approvals of POC Diagnostics
8.2.2 Limitations and Data Accuracy Challenges with POC Diagnostics
8.2.3 YOY Impact of Market Growth Restraints
8.3 US Point-of-care Diagnostics Market Opportunities & Trends
8.3.1 Growing Demand for POC Molecular Diagnostic Testing
8.3.2 High Growth Potential for Multiplexed POC Diagnostic Testing (xPOCT)
8.3.3 Strategic Acquisitions
8.3.4 Robust Pipeline and Investigational POC Diagnostic Devices
8.3.5 Development of Microfluidic-based POC devices
8.3.6 YOY Impact of Market Opportunities & Trends

9 US Point-of-care Diagnostics Market
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Porter’s Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 US Point-of-care Diagnostics Market by Product
10.1 Market Overview
10.2 Consumables
10.2.1 Market Overview
10.2.2 Market Size & Forecast
10.3 POC Analyzers/Instruments
10.3.1 Market Overview
10.3.2 Market Size & Forecast

11 US Point-of-care Diagnostics Market by Application
11.1 Market Overview
11.2 Blood Glucose Testing
11.2.1 Market Overview
11.2.2 Market Size & Forecast
11.3 Cardiovascular and Metabolic Testing
11.3.1 Market Overview
11.3.2 Market Size & Forecast
11.4 Infectious Disease Testing
11.4.1 Market Overview
11.4.2 Market Size & Forecast
11.5 POC Blood Coagulation Testing
11.5.1 Market Overview
11.5.2 Market Size & Forecast
11.6 POC Hematology Testing
11.6.1 Market Size & Forecast
11.7 POC Cancer Testing
11.7.1 Market Overview
11.7.2 Market Size & Forecast
11.8 POC Drugs of Abuse Testing
11.8.1 Market Size & Forecast
11.9 Pregnancy and Fertility/Ovulation Testing
11.9.1 Market Size & Forecast

12 US Point-of-care Diagnostics Market by End-user
12.1 Market Overview
12.2 Professional Healthcare Settings
12.2.1 Market Overview
12.2.2 Professional Healthcare Settings: Market Size & Forecast
12.2.3 Hospitals and Laboratories: Market Size & Forecast
12.2.4 Ambulatory Care Settings: Market Size & Forecast
12.2.5 Emergency Care/Urgent Care Centers: Market Size & Forecast
12.3 Home Care
12.3.1 Market Overview
12.3.2 Market Size & Forecast
12.4 Other End-users
12.4.1 Market Size & Forecast

13 US Point-of-care Diagnostics Market by Prescription
13.1 Market Overview
13.2 Professional POC Diagnostics
13.2.1 Market Size & Forecast
13.3 At-home/OTC-based POC
13.3.1 Market Size & Forecast

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