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Point of Care Molecular Diagnostics Market Size in 2023 To 2029 | Abbott Laboratories (US), F. Hoffmann-La Roche Ltd. (Switzerland), bioMérieux SA (France), Danaher Corporation (US), QIAGEN N.V. (Netherlands), QuidelOrtho Corporation (US), Co-Diagnostics

09-26-2023 12:52 PM CET | IT, New Media & Software

Press release from: ReportsnReports

Point of Care Molecular Diagnostics Market Size in 2023 To 2029 |

Point of Care Molecular Diagnostics: The Point of Care Molecular Diagnostics research report provides comprehensive insights into the evolving trade markets and envisions their potential across well-established market segments. This report emphasizes the dynamic nature of market conditions, offering future assessments of various factors that profoundly impact the industry. It presents exhaustive data on the lucrative emerging markets and examines insights within the established market segments.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1516295

Prominent companies Abbott Laboratories (US), F. Hoffmann-La Roche Ltd. (Switzerland), bioMérieux SA (France), Danaher Corporation (US), QIAGEN N.V. (Netherlands), QuidelOrtho Corporation (US), Co-Diagnostics, Inc. (US), Biocartis NV (Belgium), Meridian Bioscience, Inc. (US), Thermo Fisher Scientific, Inc. (US), Lucira Health, Inc. (US), Cue Health (US), OpGen, Inc. (US), Binx Health, Inc. (US), Molbio Diagnostics Pct. Ltd. (India), Genomadix (Canada), Visby Medical, Inc. (US), QuikPath PTE Ltd. (Singapore), MD-Bio (US), QuantuMDx Group Ltd. (UK), Aidian Oy (Finland), GeneSTAT Molecular Diagnostics, LLC. (US), Labsystems Diagnostics Oy (Finland), Akonni Biosystems (US) and Curetis N.V. (Germany).

Furthermore, the report categorizes the global Point of Care Molecular Diagnostics market by application, region, type, and end-user, resulting in a detailed analysis of overall market profits and sub-segments across various verticals and regions. Stakeholders can use this report to grasp the pulse of the Point of Care Molecular Diagnostics market, gaining knowledge about key market drivers, limitations, challenges, and opportunities.

This Point of Care Molecular Diagnostics market research report thoroughly examines recent innovations and revolutions in the market landscape. It delves into market dynamics, including drivers, new prospects, differentiating factors, and hurdles. It also provides insights into overcoming obstacles when establishing businesses and offers guidance on addressing future challenges and impediments. Additionally, this report aids stakeholders in gaining a better understanding of competitors and acquiring valuable insights to enhance their positions within their respective industries. The report also assesses trends in the parent market, in addition to common factors and market share among numerous segments.

The COVID-19 pandemic has significantly impacted businesses worldwide, and to illustrate its effect on the Point of Care Molecular Diagnostics market, the report provides a comprehensive breakdown of the pandemic's impact on the market within specific regions. This Point of Care Molecular Diagnostics market research report tracks recent developments and innovations in the industry. The growth of the Point of Care Molecular Diagnostics market has been primarily driven by increased global R&D spending. It offers market insights that provide a comprehensive understanding of the market, as offered by key market players.

"Increasing prevalence of infectious diseases and cancer and the rising funding for R&D are driving the overall growth of the point-of-care molecular diagnostics market"

The global point-of-care molecular diagnostics market size is projected to reach USD 3.4 billion by 2028 from USD 2.0 billion in 2023, at a CAGR of 10.6% during the forecast period. Market growth is driven by factors such as the increasing prevalence of infectious diseases and cancer, rising focus on decentralized diagnostics and increasing R&D funding, increasing awareness on the early detection of infectious diseases, and the increasing use of POC diagnostic tests. On the other hand, stringent and time-consuming regulatory policies that significantly increase the product launch cycle may challenge market growth post their commercialization.

"The assays & kits accounted for the highest growth rate in the point-of-care molecular diagnostics market, byproduct& service, during the forecast period"

The point-of-care molecular diagnostics market is segmented into assays & kits, instruments & analyzers and software and services. The assays& kits segment accounted for the highest growth rate in the point-of-care molecular diagnostics market in 2022. The requirement assays& kits in large numbers compared to instruments is the main factor contributing to this segment's high growth rate. This segment's market growth can also be attributed to repeat purchases of assays& kits compared to instruments.

➡️ 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1516295

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall point-of-care molecular diagnostics market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, challenges, and opportunities.

Research Coverage:

This research report categorizes the point of care molecular diagnostics market by product & service, technology, application, end user and region. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the point-of-care molecular diagnostics market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the point of care molecular diagnostics market. Competitive analysis of upcoming startups in the point of care molecular diagnostics market ecosystem is covered in this report.

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