Press release
Point-of-Care Infectious Disease Diagnostics Market Projected to Hit USD XX Million by 2028, Growing at 5.1% CAGR from 2018's USD 5,512.5 Million Valuation, Propelled by Increasing Infectious Diseases Incidence and Technological Advances
The global Point-of-care Infectious Disease Diagnostics market is predicted to hit substantial growth, with an expectation to reach a considerable value of USD XX million by 2028. This market was evaluated at USD 5,512.5 million in 2018 and is anticipated to grow at a Compound Annual Growth Rate (๐๐๐๐) of 5.1%, according to the latest report from Dataintelo.This tremendous growth is primarily fueled by the rising prevalence of infectious diseases globally. The urgency in demand for quick and accurate diagnostic results to tackle these infectious diseases effectively is another significant factor contributing to the expansions in this market. Besides, continual progress in point-of-care (POC) diagnostics' technological aspects plays an integral part in this widespread development.
Point-of-Care (POC) testing allows for timely, rapid, and precise diagnostics right at the patient's care point, facilitating immediate treatment initiation. These tests' accuracy and promptness are essential to manage and control the spread of infectious diseases, thus its elevated demand. The global health scene is seeing a steady surge in the number of infectious diseases, catalyzing the point-of-care infectious disease diagnostics market's escalation.
Furthermore, the development in POC diagnostics technology is paving the way for more user-friendly, accurate, and fast-result driving products. The ongoing technological enhancements aim at miniaturization, multiplexing and mobilization of POC tests, leading to the advancement of new-age diagnostic devices. These innovations not only provide rapid results but also offer significant cost advantages as they require less technical operation and can be used at any care point.
The report given by Dataintelo gives a detailed global market forecast, shedding light on the prospective growth areas in the point-of-care infectious disease diagnostics market. This comprehensive market research will serve as a valuable tool for players active in the field or who wish to enter this rising market. It provides insights into market dynamics, key player strategies, and overall market trends
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/194184
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The point-of-care infectious disease diagnostics market has been segmented on the basis of๐๐ฒ๐ฉ๐
โ HIV
โ HBV
โ HCV
โ HPV
โ Influenza
โ MRSA
โ TB and Drug-Resistant TB
โ Respiratory Syncytial Virus
โ Clostridium Difficile
๐๐๐๐ก๐ง๐ข๐ช๐ฎ๐
โ Lateral Flow
โ Agglutination Tests
โ Flow Through
โ Solid Phase
โ PCR
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Hospitals
โ Clinics
โ Home
โ Assisted Living Facilities
โ Laboratories
โ Others
๐๐ง๐-๐๐ฌ๐๐ซ
โ Physicians/Pharmacy
โ Professional Diagnostic Centers
โ Research Institutes
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ Thermo Fisher Scientific
โ Abbott
โ Calypte Biomedical
โ Chembio Diagnostic Systems
โ Meridian Bioscience
โ MedMira
โ Trinity Biotech
โ Sekisui Diagnostics
โ OraSure Technologies
โ Quidel
๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The point-of-care infectious disease diagnostics market has a vast segmentation that includes various types and techniques. Based on type, the market is categorized into HIV, HBV, HCV, HPV, Influenza, MRSA, TB and Drug-Resistant TB, Respiratory Syncytial Virus, Clostridium Difficile, and others. These diseases represent a significant part of the global disease burden and require extensive diagnostics for treatment and containment. On the basis of technique, the market is divided into Lateral Flow, Agglutination Tests, Flow Through, Solid Phase, and PCR. These techniques have varying degrees of accuracy, speed, and simplicity, affecting their adoption in different settings.
By application, the market is divided into segments such as hospitals, clinics, homes, assisted living facilities, laboratories, and others. End-users often include physicians or pharmacists, professional diagnostic centers, and research institutes. Key players in the market include Thermo Fisher Scientific, Abbott, Calypte Biomedical, Chembio Diagnostic Systems, Meridian Bioscience, MedMira, Trinity Biotech, Sekisui Diagnostics, OraSure Technologies, and Quidel. These companies have played key roles in developing and disseminating the diagnostic technologies that fuel this market.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ of the point-of-care infectious disease diagnostics market covers areas like the Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. North America is a key region in this market due to the presence of established healthcare facilities and significant research and development activities. Europe also constitutes a significant portion of the market with advanced healthcare infrastructure and heightened awareness about infectious diseases.
Asia Pacific is projected as the fastest-growing region owing to factors such as a high prevalence of infectious diseases, a growing aging population prone to infections, and rising healthcare expenditure. In Latin America and the Middle East & Africa regions, the point-of-care infectious disease diagnostics market is expected to experience substantial growth due to rising healthcare investments, increasing awareness about the importance of early diagnostics, and growing incidence of communicable diseases
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/194184
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
1. Rise in prevalence of infectious diseases: As the number of people affected by infectious diseases increases, the need for quick and efficient diagnostic procedures also rises, thereby driving the growth of the Point-of-care Infectious Disease Diagnostics market.
2. Technological advancements: The integration of modern technologies like artificial intelligence, machine learning, etc. with point-of-care infectious disease diagnostic tools is a major market driver.
3. Increased turnaround time: The need for faster diagnostic results due to the significant disease burden and high potential for contagion also drives the market.
4. Supportive government policies: Policies and initiatives that promote the early detection of infectious diseases, such as offering subsidies, drive the market.
5. Rise in healthcare expenditure: With worldwide increases in healthcare budgets, the demand for advanced diagnostic tools, such as Point-of-care Infectious Disease Diagnostics, also increases.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
1. Emerging Markets: Developing nations provide a significant opportunity for growth due to increasing health care spending, improving infrastructure, and a growing middle class.
2. Telemedicine and Digital Health: These are new frontiers in healthcare that provide immense ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซinfectious disease diagnostics.
3. Increasing focus on personalized medicine: This opens up new ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซgrowth in the Point-of-care Infectious Disease Diagnostics market.
4. Partnerships and collaborations: Opportunities exist for companies to collaborate with healthcare facilities or other firms to expand in this market.
5. Home care settings: The trend of at-home healthcare provides ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซcompanies to develop and provide portable and easy-to-use diagnostics tools for home care use
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/194184
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