Point of Care Diagnostics Market Share 2021 CAGR Value, Industry Challenges, Risks, End User Analysis, Development, Trend, Expansions, Growth Opportunities, Drivers, Industry Size and Forecast to 2023

(The Express Wire via Comtex)

Global "Point of Care Diagnostics Market" research report contains the basics made and advancements by completely different application Share and also the latest trend gaining momentum within the market that will increase awareness concerning Point of Care Diagnostics market. Moreover, this report includes the approximate study of various segments in terms of overall growth, development, chance, business methods, procedures etc. for the forecast amount of 2023. Point of Care Diagnostics Market Report provides a Pin-Point analysis of world market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and world market players, worth chain optimisation, trade rules, recent developments, opportunities analysis, strategic market growth analysis, product launches, space marketplace increasing, and technological innovations.

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List Of TOP KEY PLAYERS in Point of Care Diagnostics Market Report are:-

● Abbott
● Beckman Coulter Inc.
● Becton
● Dickinson And Company
● Instrumentation Laboratory
● Johnson and Johnson
● Nova Biomedical
● Qiagen
● And Others

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

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About Point of Care Diagnostics Market:

The Point Of Care Diagnostics Market is expected to witness a CAGR of 9.8% during the forecast period. North America accounts for the largest share of the market in 2017.

Increasing Number of Regulatory Approvals for Novel Immunoassay Techniques

Many of the new diagnostic tests and immunoassays have received the regulatory approvals, which has it made easier to conduct bedside testing or home healthcare diagnostic tests. Elecsys® HBeAg Immunoassay has been approved by the FDA, which is used to detect human Hepatitis B antigen associated with the Hepatitis B virus infection. The anti-Hepatitis C Virus Infection immunoassay test by Roche Diagnostics is one more novel product that has been approved by the FDA, in recent years. Multiple kinds of Lateral Flow Immunoassays (LFIA) are also gaining popularity, which makes it easier as well as quicker for POC testing providers to diagnose the disease. All these tests have gained popularity in a short span of time, which is leading to the growth of the market globally.

The other factors responsible for the growth of the market include, rising prevalence of chronic and infectious diseases in developing economies, private investments, and venture capital activities supporting RandD of novel products.

Product Recalls by Many of the manufacturers have been receiving complaints related to the diagnostic tests approved by the FDA, for the point of care testing. Many of the blood testing devices are also being checked by the FDA for the safety. Some of the devices show false readings, which cause severe life threatening injuries. Generally, recalling the product after it has been well placed in the market, involves high logistics costs, that cause the decline of the company profit and brand value. This ultimately affects the business and is considered a major restrain for the point of care diagnostics market.

The stringent regulatory policies and reimbursement-cuts causing pricing pressure, are also considered as restraining factors for the growth of the market.

North America Dominates the Market

The global point of care diagnostics market has been dominated by North America region, with approximately more than 42% market share of the total market in 2016. North America is growing in the point of care diagnostics market, usually due to the increasing prevalence of the diseases and favorable government regulations and initiatives, taken for the development of healthcare infrastructure. The Asia-Pacific region is also anticipated to show promising growth in the future.

Key Developments in the Market

• June 2017: Roche launches new mobile application for tablets to further improve the performance for point-of-care (POC) coordinators.

• Current and future point of care diagnostics market outlook in the developed and emerging markets

• Analyzing various perspectives of the market with the help of Porter’s five forces analysis

• The segment that is expected to dominate the market

• Regions that are expected to witness the fastest growth during the forecast period

• Identify the latest developments, market shares, and strategies employed by the major market players

• 3 months analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.

Point of Care Diagnostics market report explores the international and Chinese major Point of Care Diagnostics players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Point of Care Diagnostics market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Point of Care Diagnostics Sales growth in various regions and RandD status are also covered.

Global Point of Care Diagnostics Market 2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Trend

● Growing research activities coupled with new product launches.

Market Driver

● High Opportunity of Point of Care Diagnostics .

Market Challenge

● Complications associated with Point of Care Diagnostics procedures.

The report provides key statistics on the market status of the Point of Care Diagnostics manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Point of Care Diagnostics .

Point of Care Diagnostics Market Report Overview includes major players of the global Point of Care Diagnostics Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Point of Care Diagnostics market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Point of Care Diagnostics Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Point of Care Diagnostics .

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

● North America (United States, and Canada)
● Europe (France, UK)
● Asia-Pacific (China, Japan)
● South America (Brazil, Argentina)
● Middle East and Africa

Major Key Contents Covered in Point of Care Diagnostics :

● Introduction of Point of Care Diagnostics with development and status.
● Manufacturing Technology of Point of Care Diagnostics with analysis and trends.
● Analysis of Global Point of Care Diagnostics Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
● Analysis of Global and Chinese Point of Care Diagnostics Capacity, Production, Production Value, Cost and Profit
● Analysis of Point of Care Diagnostics with Comparison, Supply, Consumption, and Import, and Export.
● Point of Care Diagnostics Analysis with Market Status and Market Competition by Companies and Countries.
● Point of Care Diagnostics Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Point of Care Diagnostics market trend, Import and Export.
● Point of Care Diagnostics Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Point of Care Diagnostics In Future, we come up with Point of Care Diagnostics Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Point of Care Diagnostics Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction
1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry Within the Industry
6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)
6.1 Market Drivers
6.1.1 Rising Prevalence of Chronic and Infectious Diseases in developing economies
6.1.2 Increasing Number of Regulatory Approvals for Novel Immunoassay Techniques
6.1.3 Private Investments and Venture Capital Activities supporting RandD of Novel Products
6.2 Market Restraints
6.2.1 Product Recalls by Major Players Demotivate New Entrants
6.2.2 Stringent Regulatory Policies are Increasing Gestation Period for Product Launches
6.2.3 Reimbursement Cuts Causing Pricing Pressure
6.3 Opportunities
6.4 Key challenges
7. Market Segmentation
7.1 By Product
7.1.1 Glucose Monitoring Kits
7.1.2 Cardio-metabolic Monitoring Kits
7.1.3 Pregnancy and Fertility Testing Kits
7.1.4 Infectious Disease Testing Kits
7.1.5 Cholesterol Test Strips
7.1.6 Hematology Testing Kits
7.1.7 Others
7.2 By End User
7.2.1 Hospitals/Critical Care Settings
7.2.2 Outpatient Healthcare Settings
7.2.3 Ambulatory Care Settings
7.2.4 Research Laboratories
7.2.5 Home Care
7.2.6 Others
7.3 By Geography
7.3.1 North America United States Canada Mexico
7.3.2 Europe France Germany United Kingdom Italy Spain Rest of Europe
7.3.3 Asia-pacific China Japan India Australia and New Zealand South Korea Rest of Asia-Pacific
7.3.4 Middle east and Africa GCC South Africa Rest of the Middle East and Africa
7.3.5 South America Brazil Argentina Rest of South America
8. Competitive Landscape
8.1 Mergers and Acquisition Analysis
8.2 Agreements, Collaborations and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Abbott
9.2 Siemens AG
9.3 Beckman Coulter Inc.
9.4 Becton, Dickinson and Company
9.5 Instrumentation Laboratory
9.6 Johnson and Johnson
9.7 Nova Biomedical
9.8 Qiagen
9.9 F. Hoffmann-La Roche Ltd
9.10 List Not Exhaustive
10. Future of the Market

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