Point of Care (PoC) Diagnostics Market is expected to grow at a CAGR of around 7% from 2022-2028.
According to a new report published by UnivDatos Markets Insights, the Point of Care (PoC) Diagnostics Market is expected to grow at a CAGR of around 7% from 2022-2028. The analysis has been segmented into Product (Glucose Monitoring Kits, Infectious Disease Testing Kits, Pregnancy & Fertility Testing Kits, Hematology Testing Kits, Cardiometabolic Monitoring Kits, Urinalysis Testing Kits, Cholesterol Testing Strips, Drug Abuse Testing Strips, and Others); End-User (Hospital and Critical Care Settings, Ambulatory Care Settings, Research Laboratories, and Others); Region/Country.
Click here to view the Report Description & TOC - https://univdatos.com/report/point-of-care-poc-diagnostics-market/
The Point of Care (PoC) Diagnostics market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Point of Care (PoC) Diagnostics market. The Point of Care (PoC) Diagnostics market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Point of Care (PoC) Diagnostics market at the global and regional levels.
Market Overview
Point-of-care testing, also known as near-patient testing, typically means carrying out a test using a device or test kit in the presence of the patient and without the need to send a sample to a laboratory. The rising prevalence of chronic diseases and the increasing geriatric population are among the important factors catalyzing the market growth of point-of-care diagnostics. For instance, as per the WHO, by 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of the population aged 60 years and over will increase from 1 billion in 2020 to 1.4 billion. Furthermore, the betterment of the healthcare infrastructure of developing nations and increasing demand for homecare services attributes to the market for point-of-care diagnostics.
Factors such as the growing adoption of advanced and fast diagnostic procedures also catalyze the growth of the PoC diagnostic market.
Some of the major players operating in the market include Some of the major players operating in the market include F. Hoffmann-La Roche Ltd; BD; QIAGEN; Danaher; Quidel Corporation; Siemens Healthcare GmbH; Abbott; BIOMÉRIEUX; Nova Biomedical; and NIPRO
Request for Sample Pages - https://univdatos.com/get-a-free-sample-form-php/?product_id=34333
COVID-19 Impact
The COVID-19 pandemic had a staggering and unprecedented impact on the global market. However, the market for point-of-care molecular diagnosis witnessed significant growth during the pandemic. Due to government restrictions, patient visits in hospitals and diagnostic centers decreased during the pandemic, and the increased demand for COVID-19 testing kits, the market for point-of-care diagnostics increased.
· Based on the product, the market has been categorized into glucose monitoring kits, infectious disease testing kits, pregnancy & fertility testing kits, hematology testing kits, cardiometabolic monitoring kits, urinalysis testing kits, cholesterol testing strips, drug abuse testing strips, and others. Among them, the glucose monitoring kits segment is expected to grow at the highest CAGR in the market. The changing lifestyle preferences and increasing prevalence of diabetes attributes to the significant growth of glucose monitoring kits. For instance, from 2001-2020, as per the CDC, a total of 37.3 million people have diabetes, which is around 11.3% of the US population.
· Based on the end-user, the market has been categorized into hospital and critical care settings, ambulatory care settings, research laboratories, and others. Among them, the ambulatory care settings segment holds a higher CAGR during the forecast period. The ambulatory care settings provide the point of care treatment, offer low-cost treatment, and reduce waiting time in emergency cases. These factors are responsible for the segmental growth of ambulatory surgical centers.
Have a Look at the Chapters - https://univdatos.com/report/point-of-care-poc-diagnostics-market/
Point of Care (PoC) Diagnostics Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
Asia-Pacific is anticipated to grow at the fastest rate during the forecast period. The major factors such as rising medical expenditure, increasing disposable income of people, along with favorable government initiatives attributes to the market growth of point-of-care diagnostics in the region. For instance, in April 2020, the Ministry of Health of Malaysia approved the usage of antigen rapid testing kits exported from South Korea to improve the nation's capacity for COVID-19 testing, reaching 16,500 tests per day.
The major players targeting the market include
· F. Hoffmann-La Roche Ltd
· BD
· QIAGEN
· Danaher
· Quidel Corporation
· Siemens Healthcare GmbH
· Abbott
· BIOMÉRIEUX
· Nova Biomedical
· NIPRO
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the point of care (PoC) diagnostics market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Request for Customization - https://univdatos.com/get-a-free-sample-form-php/?product_id=34333
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the point of care (PoC) diagnostics market?
• Which factors are influencing the point of care (PoC) diagnostics market over the forecast period?
• What are the global challenges, threats, and risks in the point of care (PoC) diagnostics market?
• Which factors are propelling and restraining the point of care (PoC) diagnostics market?
• What are the demanding global regions of the point of care (PoC) diagnostics market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
About UnivDatos Market Insights (UMI)
Browse Other Related Research Reports from UnivDatos Market Insights
· Point of Care Testing Market
· Home-Based Point of Care Market
· Veterinary Point of Care Diagnostics Market
· Healthcare IT Integration Market
About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
Contact Us-
UnivDatos Market Insights
Ph: +91-7838604911
Email: sales@univdatos.com
Website: https://univdatos.com/
