The US POCT Market to grow at a CAGR of 5.88% over Forecast period 2015-2019

Albany, NY, FEB 21, 2017: POCT, also called near-patient testing, is performed outside a clinical laboratory. It helps in making fast clinical decisions, and hence in administrating appropriate treatments and medication. POCT is gaining popularity due to the increasing incidence and prevalence of lifestyle diseases such as diabetes, heart disease, and obesity. It is generally cost-effective and user-friendly. POCT devices are standardized to minimize errors during the diagnosis of patients. POCT plays a major role in improving patients' quality of life.

The methods of POCT include meters or monitors and strips. The POCT diagnostic devices are of two types: bedside and near-bedside monitoring devices. The bedside POCT devices are small and offer mobility whereas the near-bedside POCT devices are large and complex. These devices are used to test cardiac biomarkers, blood coagulation, platelet function, HIV, hemoglobin concentration, ad five-part differential blood count.

The POCT market in the US to grow at a CAGR of 5.88% over the period 2014-2019. The report covers the current scenario and the growth prospects of the POCT market in the US for the period of 2015-2019. To calculate the market size, we consider the revenue generated from the sales of POCT diagnostic devices. The market is segmented based on application:
- Blood glucose testing
- Infectious disease testing
- Cardiac markers testing
- Pregnancy and fertility testing
- Blood gas/electrolyte testing
- Tumour markers testing
- Urinalysis testing
- Cholesterol testing

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Technavio's report, POCT Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market. The report also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key vendors
- Abbott diagnostics
- Alere
- Roche Diagnostics
- Siemens Diagnostics

Other prominent vendors
- Abaxis
- Acon Laboratories
- Avioq
- Bio-Rad Laboratories
- Cavidi
- Cepheid
- Chembio Diagnostic Systems
- Clarity Diagnostics
- Hologic
- i-Sens
- Landwind Medical
- Mindray
- Nipro Diagnostics
- Randox Laboratories
- Span Diagnostics
- Sysmex
- Thermo Fisher Scientific
- Trivitron Healthcare
- URIT

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Key questions answered in the report include
- What will the market size be in 2019 and what will the growth rate be
- What are the key market trends
- What is driving this market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the key vendors
- What are the strengths and weaknesses of the key vendors

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