Press release
Point-of-Care Testing Market to witness growth opportunities worth USD 21.31 Bn by 2029 at a CAGR of 4.8 percent
Point-of-Care Testing Market
Point-of-Care Testing Market Report Scope and Research Methodology
The Global Point-of-Care (POC) Testing Market is driven by factors such as the rise in the usage of home-based glucose monitoring systems, Coagulation Monitoring, Infectious Diseases Testing, trending Pregnancy and Fertility Testing, and increasing investment in technology. The report has analyzed and explained all the driving factors by region. The report has also covered the different and innovative launching schemes by different governments across the world.
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The research methodology used in the report is based on primary and secondary research. The report provides an in-depth analysis of Porter's Five Forces, SWOT analysis, and PESTEL analysis, which gives a clear futuristic view of the industry to the decision-makers.
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Point-of-Care Testing Market Dynamics
The Global Point-of-Care (POC) Testing Market is segmented based on product type, end-user type, and geography. The product type segment includes Glucose Monitoring, Cardiac Markers, Infectious Diseases Testing, Cholesterol Testing, Coagulation Monitoring, Pregnancy and Fertility Testing, Hematology Testing, Blood Gas Testing & Others. By end-user, the market is segmented into Clinics, Home, Laboratories, Assisted living healthcare facilities, and Hospitals. Geographically, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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The report states that Infectious Diseases Testing will be in higher demand due to rising Point-of-care diagnostic, which offers various schemes such as ease of use in remote areas, technological advancements, and lowered price points. The tests are used in finger stick or capillary samples, which will be the key factor to boost the Point of Care market. Home Care will be the fastest-growing department due to growing concern for early-stage disease detection and to avoid the occurrence of any chronic condition.
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Point-of-Care Testing Market Regional Insights
Among regions, Asia Pacific is expected to grow at the highest CAGR during the forecast period. The market growth in the region can be attributed to the emerging economies, increasing disposal income, large-scale rising population, changing lifestyle, and early safety and precaution.
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Point-of-Care Testing Market Segmentation
By Product:
• Glucose Monitoring
• Cardiac Markers
• Infectious Diseases Testing
• Cholesterol Testing
• Coagulation Monitoring
• Pregnancy and Fertility Testing
• Hematology Testing
• Blood Gas Testing
• Others
By End User:
• Clinics
• Home Care
• Laboratories
• Assisted living healthcare facilities
• Hospitals
Point-of-Care Testing Market Key Competitors include:
• Abbott
• Beckman Coulter Inc.
• Instrumentation Laboratory
• Johnson & Johnson
• Nova Biomedical
• Qiagen
• Roche Diagnostics Limited
• Siemens AG
• Abaxis, Inc.
• Abbott Laboratories
• Alfa Scientific Designs, Inc.
• ARKRAY, Inc.
• Ascencia Diabetes Care Holdings AG
• Becton Dickinson and Company
• bioMerieux SA
• CHEMBIO DIAGNOSTICS, INC.
• F. Hoffmann-La Roche AG
• LamdaGen Corporation
• Medtronic Public Limited Company
• Nova Biomedical
Table of Content for Point-of-Care Testing Market
Global Point-of-Care Testing Market: Research Methodology
Global Point-of-Care Testing Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Point-of-Care Testing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Point-of-Care Testing Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by End User (2021-2029)
Regional Point-of-Care Testing Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product and End User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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