Global Point-of-Care Testing (POCT) Market Expected To Be Worth US$ 35 Billion by 2022

POCT is considered together of the foremost reasonable technologies of world medical specialty market, and development in POCT technologies over amount of your time has been meted out through innovations in smart and transportable bio-sensor, computing, and knowledge and communication technologies. According to market consultants the factors helping the expansion of POC medical specialty market are many government initiatives have power-assisted within the development of innovative outpatient care models, to reduce hospital stays and quickly increasing demand for home health care globally.

The Global Point-of-Care Testing (POCT) Market is expected to exceed more than US$ 35.2 Billion by 2022 at a CAGR of 9% in the given forecast period.

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The major driving factors of Global Point-of-Care Testing (POCT) Market are as follows:

• High Prevalence of Infectious Diseases in Developing Countries
• Increasing Incidence of life style Diseases
• personal Investments and risk capital Activities
• Technological Advancements and New Product Launches
• Growing range of restrictive Approvals for Novel immunochemical assay Techniques
• Shortage of complete Laboratory Technicians Increasing Preference of POC Testing
• Rising range of Clia-Waived POC Tests
•
The restraining factors of Global Point-of-Care Testing (POCT) Market ¬are as follows:

• Product recollects
• Pricing Pressures as a result of compensation Cuts and Budget Constraints Hampering Profits
• Demanding and time-consuming restrictive Policies

This report provides:

1) An overview of the global market for Global Point-of-Care Testing (POCT) Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Global Point-of-Care Testing (POCT) Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The scope of the report includes a detailed study of Global Point-of-Care Testing (POCT) Market with the reasons given for variations in the growth of the industry in certain regions.

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The Global Point-of-Care Testing (POCT) Market has been segmented as below:

By Product Type:
• Glucose Monitoring
• Cardiac Markers
• Infectious Diseases Testing
• Cholesterol Testing
• Coagulation Monitoring
• Pregnancy And Fertility Testing
• Hematology Testing
• Blood Gas Testing
• Others

By End-User Type:
• Clinics
• Home
• Laboratories
• Assisted living healthcare facilities
• Hospitals

By Regional Analysis:
• North America
• Europe
• Asia-Pacific
• Rest of the World

Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 High Prevalence of Infectious Diseases in Developing Countries
5.3.1.2 Increasing Incidence of Lifestyle Diseases
5.3.1.3 Rising Usage of Home-Based POC Devices
5.3.1.4 Growing Government Support
5.3.1.5 Private Investments and Venture Capital Activities
5.3.1.6 Technological Advancements and New Product Launches
5.3.1.7 Growing Number of Regulatory Approvals for Novel Immunoassay Techniques
5.3.1.8 Shortage of Skilled Laboratory Technicians Increasing Preference of POC Testing
5.3.1.9 Rising Number of Clia-Waived POC Tests
5.3.2 Restraints
5.3.2.1 Product Recalls
5.3.2.2 Pricing Pressures Owing to Reimbursement Cuts and Budget Constraints Hampering Profits
5.3.2.3 Stringent and Time-Consuming Regulatory Policies are Significantly Increasing Gestation Period for Product Launches
5.3.3 Opportunities
5.3.3.1 Emerging Markets (India, China, and Brazil) to Pave New Growth Avenues
5.3.3.2 Healthcare Decentralization—Converting Lab Tests to POC Tests
5.3.3.3 Increasing Number of Conferences and Events
5.3.3.4 Miniaturization of POC Testing Devices
5.3.3.5 POC Tests With Multiplexing Capabilities
5.3.4 Challenges
5.3.4.1 Lack of Alignment With Definitive Central Lab Methods
5.3.4.2 Disadvantages of POC Testing Over Central Lab Methods
5.3.4.3 Inadequate Knowledge About Use of POC Devices in Professional Settings
5.3.4.4 Reluctance Towards Changing Existing Treatment Practices
5.3.5 Burning Issues
5.3.5.1 Unfavorable Reimbursement Limiting the Adoption of POC Tests
5.3.5.2 High Cost of Devices—A Prime Concern
5.3.5.3 Negative Public Perception Related to POC Tests
6 Cardiac Monitoring Market, By Product
7 Point-Of-Care Diagnostics Market, By Product
8 Point-Of-Care Diagnostics Market, By Prescription Mode
9 Point-Of-Care Diagnostics Market, By End User
10 Point-Of-Care Diagnostics Market, By Region
11 Competitive Landscape
12 Company Profiles
12.1 Introduction
12.2 Roche Diagnostics Limited (A Subsidiary of F. Hoffmann-La Roche Ltd.)
12.3 Abbott Laboratories, Inc.
12.4 Siemens AG
12.5 Alere Inc.
12.6 Johnson & Johnson
12.7 Instrumentation Laboratory (A Werfen Company)
12.8 Nova Biomedical
12.9 Beckman Coulter, Inc. (A Subsidiary of Danaher Corporation)
12.10 Becton, Dickinson and Company
12.11 PTs Diagnostics

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