The increasing awareness about importance of proper infrastructure in healthcare settings is boosting the global Market, predicts Fortune Business Insights in their new report. The report is titled,” Point of Care Diagnostics Market: Global Market Analysis, Insights, and Forecasts, 2018 – 2026”.
According to the report, the market is anticipated to reach US$ 28,379.6 Mn by the end of 2026 from US$ 17,019.5 Mn in 2018. The forecast period is set from 2018 to 2026 and the market is expected to grow at a CAGR of 6.6%.
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Leading Players operating in the Point of Care Diagnostics Market are:
- Abbott
- F. Hoffmann-La Roche Ltd
- Johnson & Johnson Services, Inc.
- Becton, Dickinson and Company (BD)
- Quidel Corporation
- Sekisui Diagnostics
- Danaher
- Siemens Healthcare GmbH
- AccuBioTech Co., Ltd.
- Chembio Diagnostic Systems, Inc.
- EKF Diagnostics Holdings plc
- Instrumentation Laboratory (A Werfen Company)
- Nova Biomedical
Hoffmann-La Roche Ltd. to Leads the Market Backed by its Diverse Product Portfolio
Currently the Point of Care Diagnostics Market is dominated by F. Hoffmann-La Roche Ltd. Advancement in healthcare infrastructure and the advent of advanced products is propelling the demand for better healthcare infrastructures. Advancement in hospital and healthcare setups include doctor’s office, homecare, emergency rooms, and personal use, and others. Such innovations are responsible for the company to have the lion’s share in the market.
Market vendors are adopting various strategies to again competitive edge. These strategies include merger and acquisitions, product launches, and company collaborations.
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Increasing Need for Immunotherapy and Other Therapeutic Methods to Promote Growth
The rise in geriatric population and their vulnerability towards various are augmenting growth of the Point of Care Diagnostics Market. This, coupled with the rising prevalence of infectious diseases, is boosting the market. The rise in disposable income of people worldwide has encouraged them to opt for better healthcare treatment and facilities. This is further prognosticated to fuel the demand for Point of Care Diagnostics Market in the coming years.
Furthermore, rising incidence of target diseases is propelling the demand for point of care diagnostic methods. Such factors are anticipated to help the market generate better revenue in the years to come.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Number of Point-of-Care (POC) Diagnostics procedures by key countries, 2018
- Price analysis of types of Point-of-Care (POC) Diagnostics
- Regulatory scenario by key countries
- Reimbursement scenario by key countries
- New product launches
- Key industry developments – mergers, acquisitions, and partnerships
- Key growth indicators of Point-of-Care (POC) Diagnostics market
- Global Point of Care Diagnostics Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product
- Blood Glucose Monitoring
- Infectious Diseases
- Cardiometabolic Diseases
- Pregnancy and Fertility Testing Products
- Hematology Testing Products
- Others
- Market Analysis, Insights and Forecast – By End User
- Hospitals Bedside
- Physician’s Office Lab
- Urgent Care & Retail Clinics
- Home and Self Testing
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia pacific
- Latin America
- Middle East & Africa
- North America Point of Care Diagnostics Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis – By Product
- Blood Glucose Monitoring
- Infectious Diseases
- Cardiometabolic Diseases
- Pregnancy and Fertility Testing Products
- Hematology Testing Products
- Others
- Market Analysis – By End User
- Hospitals Bedside
- Physician’s Office Lab
- Urgent Care & Retail Clinics
- Home and Self Testing
- Market Analysis – By Country
- U.S.
- Canada
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