Poc Hba1C Testing Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Competitive Landscape

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Poc Hba1C Testing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.46 billion In 2028 At A CAGR Of 11.4% :
The poc hba1c testing market size has grown rapidly in recent years. It will grow from $0.85 billion in 2023 to $0.95 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in diabetes prevalence, rise in covid-19 cases and increase in disposable income.

The poc hba1c testing market size is expected to see rapid growth in the next few years. It will grow to $1.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to rising government support, increasing prevalence of diabetes- type ii diabetes, easy accessibility of poc tests and faster availability of results in poc testing than conventional laboratory testing procedures. Major trends in the forecast period include focus on hba1c microfluidic immunofluorescence test, increasing use of home collection hba1c testing kits, focus on hba1c test using capillary electrophoresis technology and advances in testing technologies.

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Poc Hba1C Testing Market Major Segments
The poc hba1c testing market covered in this report is segmented -
1)By Type of Product: Instruments, Consumables
2)By Technology: Ion-Exchange HPLC, Enzymatic Assay, Affinity Binding Chromatography, Immunoassay, Other Technologies
3)By End User: Hospitals, Physician Office/Outpatient Center, Home Care, Other End Users

Key Driver - Rising Diabetes Prevalence Fuels Growth In Point-Of-Care Hba1C Testing Market
The increasing prevalence of diabetes is expected to propel the growth of the POC HbA1C testing market. Long working hours, less physical activity, and unhealthy eating and drinking habits are increasing the prevalence of diabetes. Diabetes can be diagnosed and monitored with point-of-care (POC) HbA1c assays, which can be utilized in community settings and healthcare facilities without laboratories. For instance, in December 2021, according to the International Diabetes Federation, a US-based intergovernmental organization, approximately 537 million adults (20-79 years old) are suffering from diabetes 2021, which is expected to reach 643 million by 2030, and 783 million by 2045. Therefore, the increasing prevalence of diabetes is driving the growth of the POC HbA1C testing market.

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Prominent Trend - Technological Advances In Poc Hba1C Testing Transforming Patient Diagnoses
Technological advances are a key trend gaining popularity in the POC HbA1C testing market. Major players in the market are investing in developing advanced technologies to provide fast, accurate results in a short period thereby helping laboratories to manage the increase in demand for testing. For instance, Abbott, a US-based medical devices and health care company, introduced Afinion™ HbA1c Dx assay, an in vitro diagnostic test for the quantitative determination of HbA1c in human venous and capillary whole blood for use on the Afinion 2 Analyzer, and also Afinion AS100 Analyzer. The Afinion HbA1c Dx assay is the only rapid POC test cleared by the U.S. Food and Drug Administration (FDA) to assist healthcare professionals in diagnosing diabetes and determining the patient's risk of developing the disorder. The test provides reliable and accurate results of 1,2 glycated hemoglobin in just three minutes, helping physicians evaluate patients and enabling them to formulate individualized care plans during a single visit to the doctor`s office.

Poc Hba1C Testing Market Players
Major companies operating in the poc hba1c testing market report are F. Hoffmann-La Roche Ltd, Siemens Healthineers AG, Bio-Rad Laboratories Inc, Menarini Group, Danaher Corporation, Tosoh Bioscience Inc, ARKRAY Inc, i-SENS, Inc, Abbott Laboratories, Trinity Biotech plc, Aina Blood Monitoring Sysyem, Getein Biotech Inc, Sugentech, Inc, Alere Inc, bioMerieux, EKF Diagnostics, HemoCue, PTS Diagnostics, Diazyme Laboratories, Osang Healthcare, Ortho Clinical Diagnostics, Ascensia, Platinum Equity (LifeScan), Becton Dickinson and Company, Medtronic PLC, Kainico Ltd, Evia Medical Technologies, Agamatrix Inc, Bionime Corporation, B Braun Melsungen AG.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the POC HbA1C testing market in 2022. Africa is expected to be the fastest-growing region in the forecast- period. The regions covered in the poc hba1c testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Poc Hba1C Testing Market Report Structure
3. Poc Hba1C Testing Market Trends And Strategies
4. Poc Hba1C Testing Market - Macro Economic Scenario
5. Poc Hba1C Testing Market Size And Growth
…..
27. Poc Hba1C Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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