Press release
Asia Pacific PoC Diagnostics Industry Trends, Analysis To 2020 by Grand View Research Inc.
Browse full research report on Global Asia Pacific PoC Diagnostics Market: http://www.grandviewresearch.com/industry-analysis/asia-pacific-poc-diagnostics-market
The rapidly growing use of point of care diagnostic products has introduced a decentralization trend in the overall healthcare industry. Healthcare facilities and patients, in an attempt to attain or cater medical facilities remotely, encourage early diagnosis and curb costs are now decentralizing their facilities. Furthermore, these trends have also triggered the establishment of remote and stand alone diagnostic facilities.
Read detailed report or request for free sample of this research report:
http://www.grandviewresearch.com/industry-analysis/asia-pacific-poc-diagnostics-market/request
Further key findings from the study suggest:
• Glucose testing segment dominated the market in 2013, accounting for over 29% of total revenue. High prevalence of diabetes coupled with the requirement of constant monitoring of blood sugar levels attribute to the aforementioned fact. According to statistics published by the International Diabetes Federation, the global prevalence of diabetes is expected to increase from 382 million in 2013 to 592 million in 2035, which is expected to have a positive impact on glucose testing demand.
• The infectious disease testing is expected to be the fastest growing product segment, at an estimated CAGR of 16.2% from 2014 to 2020 with projected market revenue of USD 478.50 million in 2020.
• Hospitals and clinics together constitute the largest revenue share of the Asia Pacific PoC market. Large volume of diagnostic tests performed in these healthcare facilities and the growing demand for decentralized point of care diagnostic facilities are two of the most important factors attributing to their large market shares. Clinics based PoC diagnostics market was valued at USD 1,104.51 million in 2013.
• Japan dominated the Asia Pacific market in 2013, accounting for over 48% of total market revenue. However, the region is expected to lose market share by 2020, primarily due to faster growing markets such as India, Malaysia, Indonesia and China. China followed Japan in terms of revenue share in 2013 owing to the presence of high unmet medical needs coupled with constantly improving healthcare infrastructure.
• Some of the key players of the Asia Pacific PoC diagnostics market include Roche Diagnostics, Alere Inc., Danaher Corporation, Abbott Laboratories, bioMerieux, Siemens Healthcare and others.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/clinical-diagnostics
For the purpose of this study, Grand View Research has segmented the Asia Pacific PoC diagnostics market on the basis of product, application and region:
• Asia Pacific PoC Diagnostics Product Outlook
• Blood Gas/Electrolytes
• Infectious Diseases
• Glucose Testing
• Cardiac Markers
• Hematology
• Coagulation
• Primary Care Systems (Includes Lipid and Hba1c tests)
• Decentralized Clinical Chemistry
• Urinalysis
• Drug Abuse Testing
• Fertility
• OTC Diagnostics and Rapid Tests
• Feces
• Asia Pacific PoC Diagnostics End-User Outlook
• Hospitals
• Laboratories
• Assisted Living Healthcare Facilities
• Home Healthcare
• Clinics
• Others
• Asia Pacific PoC Diagnostics Regional Outlook
• India
• Japan
• China
• Taiwan
• Philippines
• South Korea
• Malaysia
• Singapore
• Indonesia
• Australia
• New Zealand
• Hong Kong
• Vietnam
• Pakistan
• Thailand
• Rest of Asia Pacific
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
email: sales@grandviewresearch.com
Web: grandviewresearch.com
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