Point-of-Care Diagnostics Market Report — Global Forecast: by Consainsights
Added: (Fri Jun 14 2019)
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“Point-of-Care Diagnostics Market Report — Global Forecast” from Consainsights analyses the Global Point-of-Care Diagnostics Market in the Healthcare industry over the forecast period until 2025.
Browse 124 tables and 74 figures and in-depth Table of Contents on “Point-of-Care Diagnostics Market”.
Point-of-Care Diagnostics market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Global Point-of-Care Diagnostics market segmentation includes by Testing Products, By Platform, By Mode, By End User and Geography.
Infectious disease testing products segment is expected to grow at a remarkable growth rate, due to enhanced demand for infectious disease diagnosis.
Market analysis on the basis of testing products includes Glucose Monitoring, Cardiometabolic, Infectious Disease, Coagulation, Pregnancy and Fertility, Tumor/Cancer Marker, Urinalysis, Cholesterol, Hematology, Drugs-of-Abuse, Fecal Occult, Other POC Products. This segmentation encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.
During the forecast period, the segment of infectious disease testing products is anticipated to develop at the largest CAGR.
This segment’s growth can be attributed to the growing population base of patients and growing availability and awareness of POC testing products for infectious disease.
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Lateral flow assays are projected to be the biggest market segment in 2018
On the basis of Platform, the market is segmented into Lateral Flow Assays, Dipsticks, Microfluidics, Molecular Diagnostics, Immunoassay which covers the information on the innovation and trends, key companies’ innovations and portfolio along with the market sizing with respect to the individual geographies.
The segment of lateral flow assays is anticipated to represent the biggest market share in 2018. The big proportion of this segment can be ascribed to the increasing incidence of infectious diseases and the increasing implementation of lateral POC diagnostics in comparison with laboratory trials.
During the forecast period, the home care setting segment is expected to grow at the highest CAGR
Based on the end user, the Point-of-Care Diagnostics Market analysis covers the end users such as Diagnostic Centers, Clinics, Outpatient Healthcare & Ambulatory Care Settings, Hospitals/Critical Care Centers, Home Care, Research Laboratories and Other End Users.
North America represented the largest share of the point of care diagnostics/testing market
Point-of-Care Diagnostics market geographic analysis includes the regions such as North America, Europe, APAC, Latin America and Middle East & Africa with equal emphasis on each of the countries in the named regions.
North America is projected to have the biggest market share in 2018. This can be ascribed to the increasing incidence of lifestyle diseases, increased amount of product approvals and increased public efforts to promote POC implementation in this region.
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Key companies operating in the market include Abbott Laboratories, Siemens, Johnson & Johnson, Roche Diagnostics, Becton, Dickinson, and Company (BD), Instrumentation Laboratory, Nova Biomedical, Quidel and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on partnerships and acquisitions to standardize their market share in the market space.
Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.
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