Global Point-of-Care Testing Market (POC): Industry Analysis and Forecast (2019-2027)

Global Point-of-Care Testing Market (POC) was valued at US$ 14 Mn in 2019 and is anticipated to reach US$ XX Mn by 2027 at a CAGR of about XX % during the forecast.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Point-of-Care Testing Market (POC)Global Point-of-Care Testing Market (POC) Dynamics:

The driving factor for the point of the care market is due to the rise in the usage of home-based glucose monitoring systems, Coagulation Monitoring, Infectious Diseases Testing, trending Pregnancy And Fertility Testing, developing technology and innovative launching scheme and best offers to eventually reduce public and national spending on health. These devices are being highly used for the rapid diagnosis of disease conditions for the early detection and management of the disease, which acts as the factor of growth in the point of care market. High logistics costs and huge investment will be the restrains for the point of care market.

Global Point-of-Care Testing Market (POC) Segment Analysis:

Global Point-of-Care (POC) Testing Market is segmented into by product, by Product Type, by End-user Type, and by geography. Based on product type point of the care market is segmented into Glucose Monitoring, Cardiac Markers, Infectious Diseases Testing, Cholesterol Testing, Coagulation Monitoring, Pregnancy And Fertility Testing, Haematology Testing, Blood Gas Testing & Others. By End-User are segmented in Clinics, Home, Laboratories, Assisted living healthcare facilities, Hospitals. Geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

In terms of Product Type, Infectious Diseases Testing will be in higher demand due to rising Point-of-care diagnostic, which are offering various schemes such as ease of use in remote areas, technological advancements, and lowered price points, tests are used in finger stick or capillary samples will be the key factor to boost the point of care market.

In the end-user segment, Home Care will be fastest growing department due to growing concern for early-stage disease detection and to avoid the occurrence of any chronic condition is expected to drive the remote monitoring and raise demand for rapid tests are a growth opportunity in the point-of-care testing market.

Global Point-of-Care Testing Market (POC) Regional Insights:

Among region, Asia Pacific is expected to grow at the highest CAGR during the forecast period. The market growth in the region can be attributed to the emerging economies, increasing disposal income, Large-scale rising population, changing lifestyle and early safety and precaution will boost the point-of-care testing market in the Asia Pacific.

The objective of the report is to present a comprehensive analysis of the Global Point-of-Care (POC) Testing Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with an analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Point-of-Care (POC) Testing Market dynamics, structure by analyzing the market segments, and project the Global Point-of-Care (POC) Testing Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Point-of-Care (POC) Testing Market make the report investor’s guide.

Scope of Global Point-of-Care (POC) Testing Market Report:

Global Point-of-Care (POC) Testing Market, by Product Type:

• Glucose Monitoring

• Cardiac Markers

• Infectious Diseases Testing

• Cholesterol Testing

• Coagulation Monitoring

• Pregnancy and Fertility Testing

• Hematology Testing

• Blood Gas Testing

• Others

Global Point-of-Care (POC) Testing Market ,by End-User Type

• Clinics

• Home Care

• Laboratories

• Assisted living healthcare facilities

• Hospitals

Global Point-of-Care (POC) Testing Market, by Region

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Key Player Operating in the Global Point-of-Care (POC) Testing Market:

• Abbott

• Beckman Coulter Inc.

• Instrumentation Laboratory

• Johnson & Johnson

• Nova Biomedical

• Qiagen

• Roche Diagnostics Limited

• Siemens AG

• Abaxis, Inc.

• Abbott Laboratories

• Alfa Scientific Designs, Inc.

• ARKRAY, Inc.

• Ascencia Diabetes Care Holdings AG

• Becton Dickinson and Company

• bioMerieux SA

• CHEMBIO DIAGNOSTICS, INC.

• F. Hoffmann-La Roche AG

• LamdaGen Corporation

• Medtronic Public Limited Company

• Nova Biomedical

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