POC HbA1C Market Analysis, Size, Segmentation To 2030 | With Business Experts Siemens Healthineers AG, Menarini Group

Poc Hba1C Testing Market - By Product (Instruments, Consumables), By Technology, By End-User, And By Region – Global Forecast To 2030 By The Business Research Company

The global POC HbA1C testing market reached a value of nearly $483.8 million in 2019, having grown at a compound annual growth rate (CAGR) of 6.37% since 2015, and is expected to grow at a CAGR of 8.0% to nearly $658.6 million by 2023. Growth in the historic period resulted from rise in diabetes prevalence, and increase in disposable income.

The key drivers of the POC HbA1C Testing market include:
Changing Lifestyles – Changing lifestyles are leading to an increased prevalence of diabetes; type II diabetes in particular, which in turn will drive the market for POC HbA1C testing. Long working hours, less physical activity, and unhealthy eating and drinking habits are increasing the prevalence of diabetes. Changing lifestyles, coupled with the growth in the urban population and the rise in disposable incomes and affordability among residents of cities will drive the demand for POC HbA1C testing.

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POC HbA1C Testing Market Segmentation
The POC HbA1C Testing market is segmented by type of product, by technology, by end-user and by geography

By Type Of Product - The POC HbA1C testing market can be segmented by type of product
1) Instruments
2) Consumables
The consumables market was the largest segment of the POC HbA1C testing market segmented by product, accounting for $316.31 million or 65.4% of the total in 2019 and is expected to be the fastest-growing segment going forward at a CAGR of 8.4%

By Technology – The POC HbA1C testing market can be segmented by technology
1) Ion-Exchange HPLC
2) Enzymatic Assay
3) Affinity Binding Chromatography
4) Turbidimetric Inhibition Immunoassay
5) Others

By End User – The POC HbA1C testing market can be segmented by End User
1) Hospitals
2) Physician Office/Outpatient Center
3) Home Care
4) Others

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By Geography - The POC HbA1C testing market is segmented into
1. North America
2. Western Europe
3. Asia Pacific
4. Eastern Europe
5. South America
6. Middle East
7. Africa

Some of the major key players involved in the POC HbA1C testing market are
1. Bio-Rad Laboratories, Inc.
2. Siemens Healthineers AG
3. Menarini Group
4. F. Hoffmann-La Roche Ltd.
5. ARKRAY Inc..

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