Global Point Of Care (POC) Diagnostic Devices Market: Focus on Current Trends, Challenges, and Opportunities - Analysis and Forecast (2021-2030)

A comprehensive statistical scope of Point Of Care (POC) Diagnostic Devices market has been published by Absolute Markets Insights. Using the methods of primary and secondary exploration, the report provides a detailed analysis. In addition, the report projects a synopsis of updated rules, regulations and policies that provide an accurate overview for modification of methodologies of the Point Of Care (POC) Diagnostic Devices companies. The global point of care (POC) diagnostic devices market is anticipated to witness a compound annual growth rate of 9.1% over the forecast period.

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Healthcare facilities are becoming more consumer-centric by deploying convenient diagnostic solutions for rapid care delivery. This trend is driving the demand for POC diagnostic devices which provide results in real time enabling medical professionals to make faster and better decisions. It also reduces multiple visits of patients for various tests and treatments.

COVID-19 pandemic has further accelerated adoption of POC diagnostic devices. Hospitals in the U.K are testing SAMBA II Platform for performing molecular POC testing for detecting coronavirus infection. The growing number of infections such as HIV, dengue, malaria and others prevailing worldwide are driving demand of infectious disease testing products.

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The high speeds, lower costs, ease in operation and optimal sensitivity and accuracy of the molecular diagnostic format is driving its share in global point of care (POC) diagnostic devices market.North America held the highest market share in global point of care (POC) diagnostic devices market. The region is expected to continue the same trend over the forecast period. Asia Pacific is expected to register the highest growth rate over the period of next eight years owing to the rise in sick population of the low and middle income countries of the region coupled with the government initiatives to promote rapid POC diagnostic devices.

Some of the players operating in the concerned market are:

Abbott Point of Care Inc., Becton Dickinson and Company, Bio-Rad Laboratories, Inc., Danaher, DIADAMA MEDICAL SL, F. Hoffmann-La Roche Ltd, Johnson & Johnson Services, Inc., Nova Biomedical, Siemens Healthcare Limited and Sysmex Corporation amongst others.

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Report Includes:

• An updated overview of the global respiratory protection market
• Analyses of the global market trends, with data estimates for 2021-2030, and projections of compound annual growth rates (CAGRs)
• Assessment of the actual market size (in Volume of Unit supplies) and revenue forecasts (in USD Millions) for the respiratory protection kits, and corresponding market share analysis on the basis of product type and end use industry with major regions and countries involved
• Country data and analysis for the United States, Canada, Mexico, Brazil, Chile, Argentina, Germany, Italy, France, U.K., Spain, Netherlands, China, India, Japan, South Korea, Australia, South Africa and GCC countries

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