Global Point of Care Testing Market To See Stunning Growth Worldwide By 2026|Industry Scenario with Top Players Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD & Others

Pune, Maharashtra, India, June 17 2020 (Wiredrelease) Data Bridge Market Research — GLOBAL POINT OF CARE TESTING MARKET is expected to reach USD 41.7 billion by 2026, growing at a substantial CAGR of 8.4% in the forecast period 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

The research report on the point of care testing Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have studied the historical data and compared it with the changing market situations. The report covers all the necessary information required by new entrants as well as the existing players to gain deeper insight.

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Some of the major players operating in global point of care testing market are Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Medtronic, Accriva Diagnostics, Opti Medical, Sienco, Inc., Alpha Scientific Electronics, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics Inc., bioMrieux SA, Biomerica, Inc., Binx Health, Inc., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, Nova Biomedical and others

Market Drivers

Increasing geriatric population

Increase in infectious diseases (hepatitis, HIV infection, influenza, respiratory infections and others)

Technological advancements

Rapid economic development in the emerging economies

Market Restraints

High cost for point of care testing devices

Product recalls and reluctance from the industry towards changing the existing norms

Table Of Content:

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global point-of-care testing Market Landscape

Part 04: Global point-of-care testing Market Sizing

Part 05: Global point-of-care testing Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape
Part 08: Geographic Landscape

Part 09: Decision Framework
Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Developments in the Market:

In August 2018, AACC launched a certification program for point-of-care testing (POCT) for professionals; who perform diagnostic testing outside central laboratory. People how are eligible for criteria and pass an online test, proctored exam will receive the designation, of Certified Point-of-Care Testing Professional (CPP).

In February 2016, Abbott To Acquire Alere, which will become leader in point of care testing Abbott gains leadership in USD 5.5 billion point of care segment, the, main advantage of this Acquisition is it will provide access to new product applications, channels and geographies.

Point-of-Care Testing Market Scenario

According to Data Bridge Market Research the point-of-care testing market in developing regions is witnessing a growth in terms of its adoption rate, due to rising adoption of POC diagnostics, increasing government support, growing prevalence of infectious diseases and dearth of professional laboratory.

Now the question is which are the regions that point-of-care testing market players should target? Data Bridge Market Research has forecasted market leaders to target North American developing regions to help them in attaining better volume of revenue generation.

Point-of-care testing market is becoming more competitive every year with clinics currently being the largest market end- users for the forecasted period of 2019 to 2026. Data Bridge Market Research’s new report highlights the major growth factors and opportunities in the point-of-care testing market.

Increased Incidence of Chronic Diseases : Global Point-of-Care Testing Market

Cardiovascular diseases (CVD), various respiratory and infectious diseases continue to be the main cause of mortality representing about 30% of all deaths worldwide. Chronic diseases like hypertension, diabetes mellitus, and obesity are at the major risk factors for the occurrence of CVD. With the fast economic development and increasing westernization of lifestyle in the last few decades has lead to the increase in the prevalence rate of these diseases enormously driving the demand for point-of-care diagnostic market in the coming years

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Segmentation: Global Point of Care Testing Market

By Product

(Blood Glucose Testing Kits, Cardiometabolic Monitoring Kits, Infectious Disease Testing Kits, Cholesterol Testing Kits, Pregnancy & Fertility Tests Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Cholesterol Test Strips, Hematology Testing Kits, Drugs Of Abuse Testing Kits, Fecal Occult Testing Kits, Rapid Coagulation Testing Kits & Others),

 Prescription Mode

(Prescription Based Testing & Over-The-Counter Testing),  

Distribution Channel

(Direct Tenders & Retail),

End User

(Hospital, Clinics, Ambulatory Care, Home Healthcare, & Research Laboratory),

Geography

(North America, Europe, Asia-Pacific, South America, Middle East and Africa) 

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