Point-of-Care Diagnostics Market 2024 Analysis, Growth Forecast by Manufacturers- Abbott Laboratories, F. Hoffmann-La Roche, Johnson & Johnson, Siemens AG, Danaher Corporation, Qiagen N.V., BioMerieux S.A

Point-of-care diagnostic test, also referred to as bedside testing or near-patient testing, is a medical diagnostic test conducted outside the laboratory at or near the place where the patient is receiving care. These tests are usually performed by non-laboratory personnel and test results are used for clinical decision making. The complexity and procedures for POC diagnostics may vary from manual methodologies to automated analyzers. These tests are comparatively more expensive than typical laboratory tests but are convenient and cost effective in some clinical settings since these are performed in close proximity to the patient.

Top Manufacturer Detail:

Abbott Laboratories, F. Hoffmann-La Roche, Johnson & Johnson, Siemens AG, Danaher Corporation, Qiagen N.V., BioMerieux S.A., Nova Biomedical, Beckton Dickinson and Company, Trinity Biotech plc.

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The "Global Point-of-Care Diagnostics Market" is estimated to witness a CAGR of 7.7% during the forecast period 2018-2024. The market is analyzed based on four segments-products, prescription mode, end-users and regions.

The point-of-care diagnostics market is booming due to several factors such as the growing patient base for lifestyle diseases globally, growing elderly population, increasing prevalence of infectious disease, technological innovations and increasing adoption of point-of-care diagnostics. Stringent approval processes, unfavorable reimbursement scenarios and product recalls are some of the factors hampering the market growth. The market in emerging countries is expected to grow at a rapid pace during the forecast period because of increasing healthcare awareness towards point-of-care diagnostics, increasing healthcare spending and growing patient pool. The global point-of-care diagnostics market by end-users is segmented into hospitals, clinics, home-care and others. Hospitals occupied the maximum market share in 2017 and is expected to be same for the next few years.

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Table of Contents 

1.1 Industry overview 10
1.2 Total addressable market 10
1.3 Industry Trends 11

2 Report Outline 11
2.1 Report Scope 11
2.2 Report Summary 12
2.3 Research Methodology 12
2.4 Report Assumptions 13

3 Market Snapshot 14
3.1 Market Definition-Infoholic Research 14
3.2 Advantages of Point-of-care testing 14
3.3 Disadvantages of Point-of-care testing 14
3.4 Segmented Addressable Market (SAM) 14
3.5 Trends of the point-of-Care diagnostics market 15
3.6 Related Markets 16
3.6.1 Molecular diagnostics 16
3.6.2 Infectious disease diagnostics 16

4 Market Outlook 16
4.1 Overview 16
4.2 Funding scenario 17
4.3 Market segmentation 19
4.4 PEST Analysis 19
4.5 Porter 5(Five) Forces 21

5 Market Characteristics 22
5.1 DRO-Global Point-of-care Diagnostics Market Dynamics 22
5.1.1 Drivers 22 Increasing prevalence of infectious disease 22 Growing incidence of life-style disease 23 Technological innovations 23 Increasing adoption of point-of-care diagnostics 24
5.1.2 Opportunities 24 Growth opportunities in emerging markets 24 Increasing awareness towards point-of-care diagnostics in developing countries 25
5.1.3 Restraints 25 Stringent approval process 25 Product recalls 26 Unfavorable reimbursement scenario 26

6 Product: Market Size and Analysis 29
6.1 Overview 29
6.2 Glucose monitoring kits 31
6.3 Infectious disease testing kits 32
6.4 Pregnancy and fertility testing kits 33
6.5 Hematology testing kits 35
6.6 Cardiometabolic monitoring kits 35
6.7 Urinalysis testing kits 37
6.8 Coagulation monitoring kits 38
6.9 Tumour or cancer marker testing kits 39
6.10 Cholesterol testing kits 40
6.11 Drugs of abuse testing kits 40
6.12 Others 41

7 Prescription mode: Market Size and Analysis 42
7.1 Overview 42
7.2 Prescription-based point-of-care diagnostics 44
7.3 Over the counter-based point-of-care diagnostics 45

8 End Users: Market Size and Analysis 46
8.1 Overview 46
8.2 Hospitals 47
8.3 Clinics 47

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Posted by on Thursday July 19 2018, 2:10 AM EST. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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