Europe Point-Of-Care-Testing (POCT) Market to Experience Significant Growth during the Forecast Period 2021 to 2028 | Key Players: F. Hoffmann-La Roche Ltd., Siemens, Holigic Inc. Abaxis, Acon Laboratories

The point-of-care-testing (POCT) market is expected to witness market growth at a rate of 10.00% in the forecast period of 2021 to 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 healthcare sector globally is escalating the growth of Point-Of-Care-Testing (POCT) market.

Point-of-care testing (POCT) refers to the type of testing of samples taken from a patient and performed at or near the bedside. The results lead to possible changes in the care of that individual. POCT is defined as a diagnostic test which is conducted close to the site where clinical care needs to be delivered. The testing is often accomplished through the use portable, light and handheld instruments. It is considered an alternative to central or core laboratory testing.

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Europe Point-Of-Care-Testing (POCT) Market Segmentation:
Key Market Players mentioned in this report:
F. Hoffmann-La Roche Ltd., Siemens, Holigic Inc. Abaxis, Acon Laboratories, Inc., Randox Laboratories, Ltd., Danaher, Abott, Thermo Fisher Scientific, Inc., Trivitron Healthcare, Cavidi, Clarity Diagnostics, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Becton, Dickinson and Company

By Types:
Handheld And Bench Top

By Application:
Laboratories, Diagnostic Centers, Hospitals, Home Care Settings, Clinics And Ambulance Service

Market Analysis and Insights: Global Europe Point-Of-Care-Testing (POCT) Market
The increase in prevalence of infectious diseases across the region acts as one of the major factors driving the growth of Point-Of-Care-Testing (POCT) market.

The adoption of speedy and accurate testing technology in emergency department (ED), and rise in demand for point of care testing devices for enhancing operational efficiency and patient outcomes accelerate the market growth. The rise in prevalence for cardiovascular disorders and chronic diseases among population, and surge in number of CLIA-waived POC tests further influence the market. Additionally, development in the healthcare infrastructure, rise in venture capital investments, surge in healthcare expenditure, increase in population and supportive government policies positively affects the Point-Of-Care-Testing (POCT) market. Furthermore, increase in demand for POC tests with multiplexing capabilities and healthcare decentralization extend profitable opportunity to the market players in the forecast period of 2021 to 2028.

On the other hand, lack of alignment with definitive central lab methods and stringent regulatory policies are expected to obstruct the market growth. Inadequate adoption of POC devices in professional settings and pricing pressure owing to reimbursement cuts and budget constraints are projected to challenge the Point-Of-Care-Testing (POCT) market in the forecast period of 2021-2028.

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Europe Point-Of-Care-Testing (POCT) Market Country Level Analysis
The point-of-care-testing (POCT) market is segmented on the basis of device type, product, diseases, prescription mode and end user.

The countries covered in the Europe point-of-care-testing (POCT) market report are Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland and Rest of Europe.

Germany dominates the Europe point-of-care-testing (POCT) market due to the technological advancements in the region. France is expected to witness high growth during the forecast period of 2021 to 2028 because of the surge in healthcare reimbursements.

Competitive Landscape and Europe Point-Of-Care-Testing (POCT) Market Share Analysis
The Europe Point-Of-Care-Testing (POCT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe Point-Of-Care-Testing (POCT) market.

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The key questions answered in Europe Point-Of-Care-Testing (POCT) Market report are:
What are the market opportunities, market risks, and market overviews of the Europe Point-Of-Care-Testing (POCT) Market?
• Who are the distributors, traders, and merchants in the Europe Point-Of-Care-Testing (POCT) Market?
• What is the analysis of sales, income, and prices of the leading manufacturers in the Europe Point-Of-Care-Testing (POCT) Market?
• What are the Europe Point-Of-Care-Testing (POCT) market opportunities and threats faced by the global Europe Point-Of-Care-Testing (POCT) Market vendors?
• What are the main factors driving the worldwide Europe Point-Of-Care-Testing (POCT) Industry?
• What are the Top Players in Europe Point-Of-Care-Testing (POCT) industry?
• What is the analysis of sales, income, and prices by type, application of the Europe Point-Of-Care-Testing (POCT) market?
• What is regional sales, income, and price analysis for Europe Point-Of-Care-Testing (POCT) Market?

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