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Global POC Blood Diagnostics Market is poised to witness a CAGR of 6% by 2026 - Growing Cases of Cardiovascular Diseases : Radiometer Medical, WerfenLife, Roche, Abbott, Nova Biomedical

10-19-2022 11:12 AM CET | Health & Medicine

Press release from: Medi-Tech Insights

Global POC Blood Diagnostics Market is poised to witness a CAGR

Point-of-care (POC) testing indicates performing a diagnostic test outside a laboratory, or near a medical patient and at the destination where medicalcare or treatment is provided. POC testing provides an accurate and quick results, thus assisting in the diagnosis and treatment of acute infections and chronic disorders. Major tests/products within POC blood diagnostics market include equipment/assays/reagents for blood gas, blood glucose, cardiac markers, infectious diseases, coagulation, hematology, and immunoassays.

New Product Launches and Developments in POC Blood Diagnostics to drive the Demand of the POC Blood Diagnostics Market

Recent advancements in disease diagnostics have enabled to develop efficient POC devices and technologies such as real-time patient data management remotely, quick result delivery, requirement of low volume of blood, and multiplexing capability, among others. Such advancements tend to provide a competitive edge to all the manufacturers and therefore, all top market players are focusing on investing in research activities for new product development and expanding their geographic reach across all regions to strengthen their global position in the POC blood diagnostics market. Some of the recent technological advancements are listed as below:
• In May 2022, EKF Diagnostics launched its EKF Link digital connectivity solution to manage POC analyzers and associated data securely on one centralized platform. This new connectivity solution can be interfaced to POC analyzers from all vendors thus enabling real-time remote data management.
• In April 2021, DiaSorin launched LIAISON IQ, an immunodiagnostic POC reader and LIAISON Quick Detect COVID TrimericS Ab test in countries accepting CE mark. The LIAISON IQ POC reader detects IgG antibodies against SARS-CoV-2 Spike Protein from a fingerstick within 10 minutes.

Technology Trends and Innovations in Mecical care to fuel the Growth of the POC Blood Diagnostics Market

Connected Health Technology: Healthcare practitioners understand the major importance of integrating connected health and artificial intelligence (AI) in POC blood diagnostics to deliver real-time results. More POC testing solutions are driven by digital technologies to reduce the HCPs workload. For instance, AI can pick-up blind spots which is sometimes not visible to human eye, thus assisting HCPs in quickly sorting patient data and providing efficient patient care.

Multiplex Testing: All leading market players are focusing on improving their existing portfolio in terms of high quality such as accuracy and faster turn-around times as well as develop innovative medical technologies. Owing to the unmet needs within the infectious disease diagnostics segment, many new companies are coming in and focusing on launching POC molecular multiplexing systems which is projected to fuel the growth of this segment. Major application areas for this disrupting technology are meningitis and septicaemia. Multiplex testing offers multiple benefits such as time optimization by detection of multiple pathogens, more convenient and comfortable sample collection for patients, and cost-effectiveness as compared to other tests, among others.

Competitive Landscape Analysis: POC Blood Diagnostics Market

The global POC blood diagnostics market is marked by the presence of established market players such as Radiometer Medical ApS (Denmark); WerfenLife, S.A. (Spain); F. Hoffman-la Roche (Switzerland); Abbott Laboratories. (US); Nova Biomedical Corporation (US); and others.

Growing Cases of cardiovascular and infectious diseases, rising geriatric population prone to targeted diseases, technological advancements in POC blood diagnostics, and rise in fundings from public and private organizations are some of the primary factors driving the growth of the POC blood diagnostics market.

Get Detailed Insights on POC Blood Diagnostics Market with a Sample Report PDF @ https://meditechinsights.com/point-of-care-poc-blood-diagnostics-market/

Medi-Tech Insights,
121/7E Avenue Franklin Roosevelt
1050 Brussels, Belgium
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have successfully completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.

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