COVID-19 UPDATE: Global Point-Of-care diagnostics Market to Show Tremendous Growth by 2027 | Leading Players-F.Hoffmann-La Roche Ltd, Siemens, Abbott ., Beckman Coulter, Inc., BDUS), Johnson & Johnson Services, Inc. (US), Alere Inc.

Data Bridge Market Research has recently added a concise research on the Global Point-Of-care diagnostics Market - Industry Trends and Forecast to 2026. Global Point-Of-care diagnostics Market research report has been prepared with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. Under market segmentation chapter, research and analysis is done based on several market and industry segments such as application, vertical, deployment model, end user, and geography. To perform this market research study, competent and advanced tools and techniques have been utilized that include SWOT analysis and Porter's Five Forces Analysis. Businesses can surely anticipate the reduced risk and failure with the winning Global Point-Of-care diagnostics Market research report.

The reliable Global Point-Of-care diagnostics Market report also explains an in depth description, competitive scenario, wide product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter's five force analysis. The market drivers and restraints have been explained specifically in the report. The statistics are indicated in graphical format in the report for a clear understanding of facts and figures. The report entails a variety of steps for gathering, recording and analysing data. A persuasive Global Point-Of-care diagnostics Market report assesses the potential market for a new product to be introduced in the market.

Market Analysis: Global Point-Of-care diagnostics Market

Global Point-Of-care diagnostics Market is expected to rise from its initial estimated value of USD 8.57 billion in 2018 to an estimated value of USD 17.20 billion by 2026, registering a CAGR of 9.1% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing adoption of home-based diagnostic tests and POC testing devices in the home-care

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Competitive Analysis:

Global point-of-care diagnostics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of point-of-care diagnostics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the point-of-care diagnostics market. are F.Hoffmann-La Roche Ltd, Siemens, Abbott ., Beckman Coulter, Inc., BDUS), Johnson & Johnson Services, Inc. (US), Alere Inc. (US), Instrumentation Laboratory (US), PTS Diagnostics (US), Abaxis . (US), Medtronic (Ireland), Accriva Diagnostics (US), OPTI Medical (US), Sienco, Inc. (US),  Alpha Scientific (US), AccuBioTech Co. , Ltd. (CHINA), ACON Laboratories, Inc. (US), Acrongenomics, Inc. (Canada), bioMérieux SA, (France) Biomerica, Inc (US)., Atlas Genetics Ltd (UK)., Alfa Scientific Designs, Inc(US)., Bio-Rad Laboratories, Inc.(US), Medica Corporation(US), and Nova Biomedica (US), among others.

Market Definition: Global Point-Of-care diagnostics Market

Point-Of-Care diagnostics are the techniques used for early and quick diagnosis of diseases. These techniques are highly sensitive, cost-effective, and produce results in minimal time frame. These diagnostics techniques are used hospital, clinics, ambulatory care, home healthcare, and research laboratory.

According to World Health Organization, there were an estimated Approximately 16.0 million (1.0%) disability and 1.7 million (2.8%) of deaths worldwide are attributable to low fruit and vegetable consumption  almost more than half of these deaths could have been avoided with the availability of proper healthcare procedures. This significant number is expected to act as a driver to the market growth.

Market Drivers

Increasing adoption of home-based diagnostic tests and POC testing devices in the home-care, this factor is expected to act as a driver for the market growth

Market Restraints

Lack of confidence over the various point-of-care diagnostics products due to the product recalls from the various market competitors, this factor is expected to act as a restraint to the market growth

Key Developments in the Market:

In July 2017, Siemens Healthiness acquire Epocal Inc., a subsidiary of Alere Inc. Epocal Inc. develops and provides point-of-care blood diagnostic systems for healthcare enterprises.
In July 2017 Quidel Acquired Alere Triage MeterPro. acquisition has given Quidel diversification by seasonality and geographic point-of-care market.

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Reasons to Purchase this Report

Current and future of global point-of-care diagnostics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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