Press release
Point-of-Care Data Management Software Market Market 2022 Business Scenario - Siemens Healthineers AG + (Conworx), Abbott Point of Care Inc. + (Alere)
The Point-of-Care Data Management Software Market Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The POC data management software market was valued at USD 5916.9 million in 2019, and it is expected to reach a value of USD 11,772.2 million by 2027, registering a CAGR of 12.3% over the forecast period (2022 - 2027).
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Top Leading Companies of Point-of-Care Data Management Software Market Market are Siemens Healthineers AG + (Conworx), Abbott Point of Care Inc. + (Alere), Danaher Company (HemoCue and Radiometer Medical ApS), Roche Diagnostics Corporation, TELCOR Inc., Orchard Software Corporation, Randox Laboratories Ltd, Thermo Fisher Scientific Inc. and others.
Industry News and Updates
March 2022 - Siemens Healthineers introduced the teamplay digital health platform. With the help of this health platform, Siemens paves the way for the healthcare providerÕs digital transformation, which is facilitating easy access to solutions for operational, clinical, and shared decision support.
- March 2022 - Abbott launched the molecular point-of-care test ÒID NOWÓ COVID-19 test that brings rapid testing to the front lines. These tests run on Abbott's point-of-care ID NOW platform, a portable instrument and provide fast results in a huge range of healthcare settings, such as in the physicians' offices, urgent care clinics, and hospital emergency departments. This is the company's second test to receive Emergency Use Authorization by the FDA for COVID-19 detection.
Key Market Trends
United States is Expected to Hold a Significant Market Share
- The Point-of-care testing (POCT) has been used in the United States for several decades to diagnose and monitor acute and chronic medical conditions. The growing availability of rapid tests for diagnosing of infectious diseases, such as HIV, TB, or malaria, that primarily enable the physicians and patients to visualize the results from a smartphone and take appropriate clinical decisions, may transform the market over the next few years. The point-of-care diagnostics market is also driven by the latest innovations in the diagnostics industry, in order to provide an expedited diagnosis for quick clinical decision making to support treatment regimens.
- According to the Centers for Disease Control and Prevention, chronic lower respiratory diseases, which include COPD and asthma, are the fourth-leading causes of mortality in the United States and they are responsible for more than 160,000 deaths a year. It is expected that 1 in 5 COPD patients readmit within 30 days in the United States.
Regional Outlook of Point-of-Care Data Management Software Market Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Point-of-Care Data Management Software Market Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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