Point of Care/POC Diagnostics Market: Qualitative Analysis, Quantitative Analysis, Forecast up to 2030

Japan, Japan, Tue, 11 Jan 2022 05:08:42 / Comserve Inc. / -- The global Point of Care/POC Diagnostics market is segregated on the basis of Mode of Purchase as OTC Products and Prescription-Based Products.

Point of care tests have excessive potential for facilitating faster decision making and consequently more active patient care in the trauma care and emergency department of most hospitals and clinics. The main devices sought after in these sections are used for tests to amount blood gas and electrolyte concentration in the body. This particular segment offers important development opportunities for industry development. In line with this various market players are involved in developments and launch of various PoC diagnostic tests. Moreover, rapid testing through PoC diagnostic technologies is anticipated to decrease the duration of surgical procedures. For example, assessment of blood coagulation status can now be easily observed by bedside testers, reducing the requirement for blood stocking, and nullifying the threat from postoperative blood loss, which is common during complex procedures like heart bypass surgeries. The increase in geriatric population and their susceptibility towards various are augmenting growth of the Point of Care Diagnostics Market. This, joined with the increasing frequency of infectious diseases, is improving the market. The increase in disposable income of people worldwide has invigorated them to opt for better healthcare treatment and facilities. This is further predicted to fuel the demand for Point of Care Diagnostics Market in the coming years.

The point-of-care diagnostics market is expected to be around USD 50.7 billion by 2025 at a CAGR of 10.4%

The global Point of Care/POC Diagnostics market is segregated on the basis of Mode of Purchase as OTC Products and Prescription-Based Products. Based on End User the global Point of Care/POC Diagnostics market is segmented in Research Laboratories, Professional Diagnostic Centers, Hospitals/Critical Care Centers, Home Care Settings, and Other End Users. Based on Platform the global Point of Care/POC Diagnostics market is segmented in Microfluidics, Molecular Diagnostics, Lateral Flow Assays, Dipsticks, and Immunoassays.

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Based on Product, the global Point of Care/POC Diagnostics market is segmented in Cardiometabolic Monitoring Products, Glucose Monitoring Products, Infectious Disease Testing Products, Coagulation Monitoring Products, Pregnancy & Fertility Testing Products, Tumor/Cancer Marker Testing Products, Urinalysis Testing Products, Cholesterol Testing Products, Hematology Testing Products, and Drugs-Of-Abuse Testing Products.

The global Point of Care/POC Diagnostics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Point of Care/POC Diagnostics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Accubiotech, Instrumentation Laboratory, Nova Biomedical, PTS Diagnostics, Sekisui Diagnostics, Abbott Laboratories, Becton, Dickinson, and Company, Chembio Diagnostics, Danaher Corporation, Johnson & Johnson, and others are among the major players in the global Point of Care/POC Diagnostics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.



The Point of Care/POC Diagnostics Market has been segmented as below:



Point of Care/POC Diagnostics Market, By Mode of Purchase

OTC Products
Prescription-Based Products



Point of Care/POC Diagnostics Market, By End User

Research Laboratories
Professional Diagnostic Centers
Hospitals/Critical Care Centers
Home Care Settings
Other End Users



Point of Care/POC Diagnostics Market, By Platform

Microfluidics
Molecular Diagnostics
Lateral Flow Assays
Dipsticks
Immunoassays



Point of Care/POC Diagnostics Market, By Product

Cardiometabolic Monitoring Products
Glucose Monitoring Products
Infectious Disease Testing Products
Coagulation Monitoring Products
Pregnancy & Fertility Testing Products
Tumor/Cancer Marker Testing Products
Urinalysis Testing Products
Cholesterol Testing Products
Hematology Testing Products
Drugs-Of-Abuse Testing Products



Point of Care/POC Diagnostics Market, By Region

North America
Europe
Asia-Pacific
Rest of the World



Point of Care/POC Diagnostics Market, By Company

Accubiotech
Instrumentation Laboratory
Nova Biomedical
PTS Diagnostics
Sekisui Diagnostics
Abbott Laboratories
Becton, Dickinson, and Company
Chembio Diagnostics
Danaher Corporation
Johnson & Johnson
Roche Diagnostics
Siemens Healthineers Group
EKF Diagnostics
Quidel
Trinity Biotech

The report covers:

Global Point of Care/POC Diagnostics market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Point of Care/POC Diagnostics market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Point of Care/POC Diagnostics market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report Scope:

The global Point of Care/POC Diagnostics market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Point of Care/POC Diagnostics market share. Major industry players with significant revenue share include Accubiotech, Instrumentation Laboratory , Nova Biomedical, PTS Diagnostics, Sekisui Diagnostics, Abbott Laboratories, Becton, Dickinson, and Company , Chembio Diagnostics, Danaher Corporation, Johnson & Johnson, and others.

Reasons to Buy this Report:

Gain detailed insights on the Point of Care/POC Diagnostics industry trends
Find complete analysis on the market status
Identify the Point of Care/POC Diagnostics market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent developments in Point of Care/POC Diagnostics Market are as follows:

Abbott Laboratories

05-2020: Abbott Laboratories' antibody test for the new coronavirus is extremely likely to correctly determine whether people have ever been diseased with the fast-spreading virus.

03-2020: Abbott has declared that the U.S. Food and Drug Administration has dispensed Emergency Use Authorization for the fastest available molecular point-of-care test for the detection of novel coronavirus, delivering positive results in as little as five minutes and negative results in 13 minutes.

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