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Point-of-Care Glucose Testing Market worth $11.15 billion by 2030, growing at a CAGR of 7.54% - Exclusive Report by 360iResearch
The "Point-of-Care Glucose Testing Market by Product (Accu Check Aviva Meter, Accu-Chek Inform II, Bayer Contour Blood Glucose Monitoring System), Mode of Purchase (OTC Testing Product, Prescription-Based Testing Product), End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/point-of-care-glucose-testing?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Point-of-Care Glucose Testing (POCT) encompasses diagnostic procedures conducted near patient care locations, offering immediate results essential for diabetes management. The necessity for POCT lies in its role in swift intervention, reducing healthcare costs through early diagnostics, and enhancing patient convenience by avoiding frequent healthcare facility visits. Its application spans home care, hospitals, emergency rooms, and outpatient settings. POCT is particularly integral in personal use, hospitals, diagnostic centers, and ambulatory care settings, driven by the rising prevalence of diabetes, technological advancements, an aging population, and government initiatives. Key opportunities include integrating wearable technology for continuous monitoring, utilizing artificial intelligence and data analytics for predictive analysis, exploring emerging markets with developing healthcare infrastructure, and enhancing compatibility with telehealth platforms. Recommendations focus on investing in research and development for non-invasive technologies, forming partnerships with healthcare providers and insurance companies, and developing localized products for specific markets. However, challenges such as high costs, accuracy concerns, regulatory hurdles, inadequate training, and data security issues pose significant market entry barriers. Innovating in non-invasive monitoring, smart insulin pens, advanced biosensors, telemedicine integration, and blockchain for data security are critical areas for research. The market is competitive, driven by evolving consumer needs and continuous innovation, highly regulated to ensure safety and efficacy, and consumer-driven with a strong emphasis on user-friendly and affordable designs. Companies addressing these factors are anticipated to capitalize on growth opportunities in the dynamic and evolving POCT market.
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Market Segmentation & Coverage:
This research report categorizes the Point-of-Care Glucose Testing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Accu Check Aviva Meter, Accu-Chek Inform II, Bayer Contour Blood Glucose Monitoring System, Freestyle Lite, i-STAT, Onetouch Verio Flex, StatStrip, and True Metrix.
Based on Mode of Purchase, market is studied across OTC Testing Product and Prescription-Based Testing Product.
Based on End-User, market is studied across Home Care Settings, Hospitals & Critical Care Centers, and Outpatient & Ambulatory Care Facilities.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Point-of-Care Glucose Testing Market, highlighting leading vendors and their innovative profiles. These include Nova Biomedical Corporation, Nipro Corporation, Sinocare, Fluxergy, ACON Laboratories, Inc. by Inverness Medical Innovations, Inc., Accubiotech Co. Ltd., Abbott Laboratories, Siemens Healthineers AG, Danaher Corporation, LifeScan, Inc., EKF Diagnostics by IBL PLC, Medtronic PLC, F. Hoffmann-La Roche Ltd., Prodigy Diabetes Care, LLC., and Bio-Rad Laboratories.
Introducing 360iResearch AI: Revolutionizing Market Intelligence with AI-Powered Insights for the Point-of-Care Glucose Testing Market
We proudly unveil Research AI, a cutting-edge AI product designed to transform how businesses interact with the Point-of-Care Glucose Testing Market. Research AI stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, Research AI is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it's a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Point-of-Care Glucose Testing Market. Embrace the future of market analysis with Research AI, where informed decisions lead to remarkable growth.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Point-of-Care Glucose Testing Market, by Product
7. Point-of-Care Glucose Testing Market, by Mode of Purchase
8. Point-of-Care Glucose Testing Market, by End-User
9. Americas Point-of-Care Glucose Testing Market
10. Asia-Pacific Point-of-Care Glucose Testing Market
11. Europe, Middle East & Africa Point-of-Care Glucose Testing Market
12. Competitive Landscape
13. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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