POC HbA1c Testing Market Overview 2023-2032 - Share, Size, Insights, Forecast

As per The Business Research Company's POC HbA1c Testing Opportunities And Strategies Market Report 2023, The global POC HbA1c testing market reached a value of nearly $760.3 million in 2022, having increased at a compound annual growth rate (CAGR) of 7.6% since 2017. The market is expected to grow from $760.3 million in 2022 to $1,258.1 million in 2027 at a rate of 10.6%. The market is then expected to grow at a CAGR of 10.5% from 2027 and reach $2,070.8 million in 2032.

The increasing prevalence of diabetes- type 2 diabetes is likely to contribute to the growth of the POC HbA1c testing market during the forecast period. The most prevalent kind of diabetes, type 2, develops when the blood glucose, often known as blood sugar, is too high. Diabetes is becoming more prevalent as a result of extended working hours, a lack of physical activity, and bad eating and drinking patterns. This will drive demand for POC HbA1c testing. For example, according to the National Library of Medicine, a US-based medical library, by 2030, the global prevalence of type 2 diabetes is expected to climb to 7,079 cases per 100,000 people, demonstrating an ongoing rise in all geographical areas. Therefore, the rising prevalence of diabetes- type 2 diabetes will propel the growth of the POC HbA1c testing market in the forecast period.

View Complete Report @
https://www.thebusinessresearchcompany.com/report/poc-hba1c-testing-market

Microfluidic Immunofluorescence test for HbA1c is an emerging methodology in this industry. This is a microfluidic immunofluorescence test that may be quickly performed on the mLab ImmunoMeter or Smart Platform to evaluate glycemic control in diabetic patients. Without the use of a centrifuge or other laboratory apparatus, it quickly and simply produces quantitative findings from whole blood sample testing within ten minutes. For instance, in May 2022, a London-based next-generation point-of-care diagnostics company, LumiraDx Limited, declared that its HbA1c test had obtained CE Marking. When used with the LumiraDx Platform, the test yields findings from a sample application in under seven minutes, allowing for quick monitoring of diabetic patients as well as quick screening and identification of patients who may be at risk of developing the disease.
Opportunities -The top opportunities in the POC HbA1c testing market by type of product will arise in the instruments market, which will gain $326.2 million of global annual sales by 2027.

The top growth potential in the POC HbA1c testing market by technology will arise in the immunoassay market, which will gain $220.2 million of global annual sales by 2027. The top growth potential in the POC HbA1c testing market by end user will arise in the hospitals market, which will gain $210.8 million of global annual sales by 2027. The POC HbA1c testing market size will gain the most in the USA at $179.8 million.
POC HbA1c Testing Market Segmentation:
The POC HbA1c Testing market is segmented

By Type Of Product -
The POC HbA1c testing market is segmented by type of product into
a) Instruments
b) Consumables

By Technology -
The POC HbA1c testing market is segmented by technology into
a) Ion-Exchange HPLC
b) Enzymatic Assay
c) Affinity Binding Chromatography
d) Immunoassay
e) Other Technologies

By End User -
The POC HbA1c testing market is segmented by end user into
a) Hospitals
b) Physician Office/Outpatient Center
c) Home Care
d) Other End Users

Major players in the POC HbA1c Testing market include F. Hoffmann-La Roche Ltd, Siemens Healthineers AG, Bio-Rad Laboratories, Inc, Menarini Group, Danaher Corporation.

The regions covered in the global POC HbA1c Testing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Download FREE SAMPLE Report -
https://www.thebusinessresearchcompany.com/sample_request?id=2571&type=smp

The latest report from The Business Research Company, 'Global POC HbA1c Testing Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Get to know us better:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/

POC HbA1c Testing Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
…………………………………………………
21. Competitive Landscape and Company Profiles
22. Key Mergers And Acquisitions
23. Opportunities And Strategies
24. POC HbA1c Testing Market, Conclusions And Recommendations
25. Appendix

PURCHASE the report @
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2571

This release was published on openPR.