Global Point-of-Care Testing (POCT) Market Estimated $49.77 Billion Growth By 2028|| PTS Diagnostics, Abaxis, Medtronic, Accriva Diagnostics, Opti Medical, Sienco, Inc., Alpha Scientific Electronics

The Point-of-Care Testing report published by Data Bridge Market research is the representation of data and analysis of the market. It gives detailed analysis of the current market scenario and a market forecast till 2028. The data included in this Point-of-Care Testing report provides detailed information of the geographic landscape, competitive scenarios and upcoming opportunities in the Industry. The inclusion of the statistical records in the Point-of-Care Testing report helps in authenticating the results that are being presented and thus provide a clear vision and indication to clients in understanding the response of the participants.

The global point-of-care testing (POCT) market is expected to witness market growth at a rate of 9.25% in the forecast period of 2021 to 2028 and is expected to reach USD 49.77 billion by 2028. Data Bridge Market Research report on point-of-care testing (POCT) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the prevalence of infectious diseases is escalating the growth of point-of-care testing (POCT) market.

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The major players covered in the point-of-care testing (POCT) market report are 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., ACON Laboratories, Inc., Acrongenomics Inc., bioMérieux SA, Biomerica, Inc., Binx Health, Inc., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, Nova Biomedical among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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 2021-2028 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.

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.

Scope of the Point-of-Care Testing Market

Point-of-care testing on the basis of countries is segmented into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa.

All country based analysis of the point-of-care testing market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the market is segmented into 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 and rapid coagulation testing kits & others. Prescription mode segment is divided into prescription based testing & over-the-counter testing. Distribution channel is divided into direct tenders & retail. The end- user segment is divided into hospital, clinics, ambulatory care, home healthcare, & research laboratory.
Point-of-care testing are those medical testing devices which are usually performed outside the medical laboratory. These POC testing devices are usually handheld and provide instant results. They are widely used to easily identify disease problems for early detection and disease management. Some of the common POCT devices are cholesterol testing kits, cardiometabolic monitoring kits, infectious disease testing, cancer markers, hematology testing kits, cholesterol test strips, and other.

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The study objectives of this report are:

To study and forecast the market size in global Point-of-Care Testing market.
To analyze the global key players, market value, and global market share for top participants of the Point-of-Care Testing market by employing SWOT analysis.
To classify, illustrate, and forecast the market by type, end use, and region.
To analyze the market while comparing and forecasting its status between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of the World.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks for all the global key regions.
To recognize noteworthy trends and factors driving or inhibiting the market growth.
To evaluate the market opportunities available for stakeholders by discovering the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To study competitive developments such as expansions, new product launches, agreements, and acquisitions in the market.
To strategically outline the key players and broadly analyze their growth strategies.
To analyze and study the sales, value, status (2021) and forecast (2021-2028) for the global Point-of-Care Testing market.
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
To examine the key players of the Point-of-Care Testing market to study the sales, value, market share, and development plans in the future.

Global Point-of-Care Testing (POCT) Market Country Level Analysis

The global point-of-care testing (POCT) market is analyzed and market size insights and trends are provided by country, product, technology, prescription, application and end-use as referenced above.

The countries covered in the point-of-care testing (POCT) market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the point-of-care testing (POCT) market because of the rapidly increasing COVID-19 cases in the U.S. and Canada and rise in the prevalence of infectious diseases. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 to 2028 because of the development of healthcare infrastructure, rise in the adoption of miniaturized models and measures and higher prevalence of chronic and targeted diseases in the region.

Key Pointers Covered in the Point-of-Care Testing Market Industry Trends and Forecast to 2028

Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study

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Customization Available : Global Point-of-Care Testing (POCT) Market

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