Global Point of Care Testing Market To Be Worth $ 41.7 billion By 2026||Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Medtronic

Global point of care testing market is expected to reach USD 41.7 billion by 2026, growing at a substantial CAGR of 8.4% in the forecast period 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Point of Care Testing market research report provides the best market study of market growth and its fluctuating trends with high accuracy and reliability. Teams who give their best are involved in conducting primary and secondary research that is included in the report. Crucial and important market data is collected with in-depth study and actionable insights to generate this market report. This business report provides highly efficient and accurate market research services at extremely reasonable rates. This is the comprehensive, top-line market research report which combines breadth and depth of knowledge to offer great deal of value.

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Key Market Competitors Covered in the report

Abbott
F. Hoffmann-La Roche Ltd
Siemens AG
Beckman Coulter, Inc.
BD
Johnson & Johnson Services, Inc.
Instrumentation Laboratory
PTS Diagnostics
Abaxis, Medtronic
Accriva Diagnostics
Opti Medical
Sienco, Inc.
Alpha Scientific Electronics
AccuBioTech Co., Ltd.

Key Developments in the Market:

In August 2018, AACC launched a certification program for point-of-care testing (POCT) for professionals; who perform diagnostic testing outside central laboratory. People how are eligible for criteria and pass an online test, proctored exam will receive the designation, of Certified Point-of-Care Testing Professional (CPP).
In February 2016, Abbott To Acquire Alere, which will become leader in point of care testing Abbott gains leadership in USD 5.5 billion point of care segment, the, main advantage of this Acquisition is it will provide access to new product applications, channels and geographies.

Point-of-Care Testing Market Development

Abbott announced the launch of their new point of care testing Afinion HbA1c Dx assay in June 2019 which can be used on Afinion AS100 Analyzer and Afinion 2 Analyzer. This is the first POCT testing which has received approval from FDA for diabetes diagnosis and patient risk assessment of the condition.

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Market Drivers

Increasing geriatric population
Increase in infectious diseases (hepatitis, HIV infection, influenza, respiratory infections and others)
Technological advancements
Rapid economic development in the emerging economies

Market Restraints

High cost for point of care testing devices
Product recalls and reluctance from the industry towards changing the existing norms

Point-of-Care Testing Market Scenario

According to Data Bridge Market Research the point-of-care testing market in developing regions is witnessing a growth in terms of its adoption rate, due to rising adoption of POC diagnostics, increasing government support, growing prevalence of infectious diseases and dearth of professional laboratory.

Now the question is which are the regions that point-of-care testing market players should target? Data Bridge Market Research has forecasted market leaders to target North American developing regions to help them in attaining better volume of revenue generation.

Point-of-care testing market is becoming more competitive every year with clinics currently being the largest market end- users for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the point-of-care testing market.

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Segmentation: Global Point of Care Testing Market

Point of Care Testing Market By Product Type

Blood Glucose Testing Kits
Cardiometabolic Monitoring Kits
Cardiac Markers
Blood gas/Electrolytes Testing Kits
HbA1c Testing Kits
Lipids Testing
Infectious Disease Testing Kits
Influenza Testing Kits
HIV Testing Kits
Hepatitis C Testing Kits
Sexually-Transmitted Diseases Testing Kits
Tropical Diseases Testing Kits
Healthcare-Associated Infections
Respiratory Infections Testing Kits
Others
Cholesterol Testing Kits
Prothrombin Time Testing Kits
Activated Clotting Time Testing Kit
Pregnancy and 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 Market By Prescription Mode

Prescription Based Testing
Over-the-counter (OTC) Testing
Distribution Channel
Direct Tenders
Retail

Point of Care Testing Market By End- User

Hospitals
Emergency Department Critical-Care Unit
General Ward
Others (intensive care unit, neo-natal)
Clinics
Physicians Clinic
Diagnostic Clinic
Home Healthcare
Ambulatory Care
Research Laboratory

Point of Care Testing Market By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

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Report synopsis

To analyze the market size of the market and infer the key trends from it.
Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
Industry Chain Suppliers of Point of Care Testing market with Contact Information
To inspect the market based on product, market share and size of the product share.
Industry Chain Suppliers of Point of Care Testing market with Contact Information
The key findings and recommendations highlight crucial progressive industry trends in the Point of Care Testing Market, thereby allowing players to develop effective long term strategies

Insights of the report

CAGR values in the market for the forecast period
Key trends in the market place
Major players and brands
Drivers and restrains of the market
Historical and current market size and projection up to 2026.

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