Asia-Pacific Point-of-Care Testing (POCT) Market 2020:(COVID-19 Impact Analysis) - Size, Share, Trends By Siemens, BD, Johnson & Johnson Services Inc., PTS Diagnostics, Instrumentation Laboratory, Nova Biomedical, Beckman Coulter, Inc

Point-of-care testing (POCT) market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 12.53 billion by 2027 growing at a CAGR of 10.35% in the above-mentioned forecast period.

The major players covered in the point-of-care testing (POCT) market report are Abbott, Alere Inc., Siemens, BD, Johnson & Johnson Services Inc., PTS Diagnostics, Instrumentation Laboratory, Nova Biomedical, Beckman Coulter, Inc., Werfen among other domestic players. Market share data is available for Asia-Pacific (APAC) separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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APAC Point-of-care Testing (POCT) Market helps in the rapid performance of diagnostic tests despite patient being at the point of care facility. This helps in obtaining the results immediately rather than waiting for hours or even days outside the laboratory. POCT has become significant part of patient care at various health care facilities. Point-of-care testing includes glucometer, lipid analysers, coagulation analysers, and hematology analysers among others. These tests are planned so that they can be used near the site of patients’ location which does not require permanent space and can be performed in non-laboratory settings such as in the physician’s office, ambulance, home, field, and hospital.

Geographical Segmentation: APAC Point-of-care Testing (POCT) Market

Based on geography the market is segmented into 11 countries, China, Japan, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and Rest of APAC.

Segmentation:Asia-Pacific Point-of-Care Testing (POCT) Market

Point-of-Care Testing (POCT) Market 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, Others),

Point-of-Care Testing (POCT) Market By Prescription Mode
(Prescription, Over The Counter),

Point-of-Care Testing (POCT) Market By Distribution Channel
(Direct Tenders, Retail),

Point-of-Care Testing (POCT) Market By End User
(Hospital, Clinics, Ambulatory Care, Home Healthcare, Research Laboratory),

Point-of-Care Testing (POCT) Market By Country
(Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific)

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Drivers: Asia-Pacific Point-of-Care Testing (POCT) Market

The growing prevalence of infectious diseases in developing countries will help in driving the growth of the point-of-care testing (POCT) market.

Growing scenarios of target conditions, rising government support, shortages of skilled laboratory technicians, rising number of CLIA-waived POC tests will likely to accelerate the growth of the point-of-care testing (POCT) market in the forecast period of 2020-2027.

On the other hand, rising awareness through conferences and events along with growing market will further boost various opportunities that will lead to the growth of the point-of-care testing (POCT) market in the above mentioned forecast period.

Restraints: Asia-Pacific Point-of-Care Testing (POCT) Market

High costs of POCT device and low rate of reimbursement scenario will likely to hamper the growth of the point-of-care testing (POCT) market in the above mentioned forecast period.

The shortage of alignment within definitive central lab methods is going to be a challenge for the point-of-care testing (POCT) market.

This Point-of-Care Testing Market Research/analysis Report Focus on following important aspects: –

1. Manufacturing Technology is Used for Point-of-Care Testing : – Undergoing Developments in That Technology, Trends Causing These Developments.
2. Global Key Players of Point-of-Care Testing Market: – Their Company Profile, Product Information and Contact Information.
3. Status of Point-of-Care Testing Market: – Past and Present information and Future predictions about Productions Capacity, Production Value, Cost and Return on Investments in Point-of-Care Testing Market.
4. Current Market Status of Point-of-Care Testing Market: – Market Competition includes both Company and Country Wise competition in this Industry. Market Analysis of Point-of-Care Testing Market by Taking Applications and Types in Consideration.
5. Predictions of Global Point-of-Care Testing Market Considering Production Capacity, and Production Value. What Estimation is expected for Cost Vs Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
6. Point-of-Care Testing Market Chain Analysis by Upstream Raw Materials and Downstream Industry.
7. Economic Impact on Point-of-Care Testing Market: – What are Global Macroeconomic Environment Analysis Results? What Are Global and Chinese Macroeconomic Environment Development Trends?
8. Market Dynamics of Point-of-Care Testing Market: – Challenges and Opportunities.
9. What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Point-of-Care Testing Market?

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