Demand Analysis of Point-of-Care Diagnostics Market Overview:
Point-of-Care Diagnostics Market is predicted to grow at a moderate CAGR of 11.40% during the forecast period covering 2019 to 2028. Point-of-Care Diagnostics Market share is estimated to reach a value of nearly US$ 69.9 Billion by 2028.
The “Point-of-Care Diagnostics Market” think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
In 2019, blood glucose testing segment accounted highest share for global point-of-care diagnostics market. Increasing successfulness of hand-held glucose meters, due to their rising usage rate into consumers globally. For the diabetic patient, periodic monitoring of glucose plays an important role which help to encourage the usage of POC among diabetic patients in this blood glucose testing segment. There is high demand for hand held glucose meters due to their features like portability and easy operability. The surging number of diabetes patients around the globe is one of the prominent aspects steer the growth of blood glucose testing segment over the foreseeable future.
Growing competition among key players, increasing horizontal and vertical expansion is further expected to fuel the growth of point-of-care diagnostics market.
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Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies’ past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Point-of-Care Diagnostics Market.
Market Growth Reports lists out all the Point-of-Care Diagnostics Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Abbott, Roche, Siemens, Danaher, Becton, Dickinson and Company, Johnson & Johnson, F. Hoffmann-La Roche Ltd., Nova Biomedical, Biomrieux SA, and Sinocare Inc, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Point-Of-Care Diagnostics Market by Platform, 2019-2028, (In USD Million)
- Lateral Flow Assays
- Dipsticks
- Microfluidics
- Molecular Diagnostics
- Immunoassays
Point-Of-Care Diagnostics Market by Mode of Purchase, 2019-2028, (In USD Million)
- Prescription-Based Products
- OTC Products
Detailed Table of Content
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Global Market Overview
- Key Market Indicators
- Emerging Market Trends
- Macro and Micro Economic Factors
- Production Process Analysis
- Industry SWOT Analysis
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Global Point-of-Care Diagnostics Market, by Region
- North America (U.S., Canada, Mexico)- North America is projected to witness a steady growth rate in the point-of-care diagnostics market in future. Economic progress and improving government expenditure on infrastructure development are some of the factors for the high growth in the region. In the North America region, the United States country holds the highest market share.
- Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of L.A.)
- Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Point-of-Care Diagnostics Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Point-of-Care Diagnostics Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Point-of-Care Diagnostics Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Point-of-Care Diagnostics Market.
Reasons to Purchase this Report
- The most recent market developments, market shares, and strategies implemented by the major market players
- The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
- The current and future state of the global cryogenic equipment industry in developed and emerging markets
- Regions/countries expected to have the fastest growth rates at some point during the forecast period
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