Point of Care Testing Market is anticipated to be US $36 Billion, by 2024 experiencing a significant growth over the forecast period. The concept of Point of Care Testing (POCT), also known as bedside, near-patient testing and decentralized testing, relates to tests that are conducted by clinical operators at the site of patient care where the immediate medical action is taken on the results. The fact that point of care (POCT) represents a departure from conventional laboratory medicine has created new opportunities in the field of diagnostics industry.
Point of Care Testing market is expected to witness substantial growth due to rising incidence of chronic diseases; rapidly growing middle class population in developing countries like China & India, Continued Expansion of Point of Care Including Self Testing and New Evolution in Point of Care Testing further boosts the demand for the industry over the forecast period.
This report titled “Point of Care Testing Market, Global Forecast, By Diagnostics (Blood Glucose, Cardiac Marker, Lipid Panel/Cholesterol, Blood Coagulation, Infectious Disease, Urinalysis, Drug of Abuse, Fecal Occult Blood, Pregnancy & Fertility and Tumor Marker), Mode (Prescription-based Testing and OTC-based Testing), End Users (Hospitals, Clinic, Laboratories, Assisted Living Healthcare Facilities and Home), Regions (North America, Europe, Asia-Pacific Latin America and Middle East/Africa), Companies (Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Quest Diagnostic Becton, Dickinson & Company and Johnson & Johnson)” provides a complete analysis of Point of Care Testing Market.
By Diagnostics - Blood Glucose and Infectious Disease control the Point of Care Testing Market:
The report studies the market of the following Diagnostics segments: Blood Glucose, Cardiac Marker, Lipid Panel/Cholesterol, Blood Coagulation, Infectious Disease, Urinalysis, Drug of Abuse, Fecal Occult Blood, Pregnancy & Fertility and Tumor Marker.
By Mode - OTC-based Testing has Intense Future Ahead:
The report studies the Point of Care Diagnostics market by Prescription-based Testing and OTC-based Testing.
By End Users - Hospital and Clinic Point of Care Testing Market have Bright Future:
It is believed that in near future; Hospital Point of Care Testing Market will certainly rule the Point of Care Testing Market. The report provides a detailed competitive landscaping Market of Hospitals, Clinic, Laboratories, Assisted Living Healthcare Facilities and Home.
By Region - North America and Europe will drive the Point of Care Testing Market:
North America and Europe together controls the Point of Care Testing Market. In addition; the report also provides the complete geographical analysis of Asia-Pacific Latin America and the Middle East/Africa Point of Care Testing Market.
Companies Analysis:
Abbott Laboratories, Siemens Healthineers, Roche Diagnostics, Quest Diagnostic, Becton, Dickinson & Company and Johnson & Johnson are some of the top companies operating in the Point of Care Testing; which has been studied thoroughly in the report.
All the 6 Companies Studied in the Report have been Studied from 3 Points:
- Company Overview
- Business Portfolio
- Financial Insight
This market research report provides a complete analysis of the Point of Care Testing Market, Growth Drivers, Challenges, and their projections for the upcoming years.
By Testing Segments:
- Blood Glucose
- Cardiac Marker
- Lipid Panel/Cholesterol
- Blood Coagulation
- Infectious Disease
- Urinalysis
- Drug of Abuse
- Fecal Occult Blood
- Pregnancy & Fertility
- Tumor Marker
By Mode:
- Prescription-based Testing
- OTC-based Testing
By End Users:
- Hospital
- Clinic
- Laboratories
- Assisted Living Healthcare Facilities
- Home
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East/Africa
Key Companies Covered in the Report:
- Abbott Laboratories
- Siemens Healthineers
- Roche Diagnostics
- Quest Diagnostic
- Becton, Dickinson and Company
- Johnson & Johnson
Table of Contents
1. Executive Summary2. Global Point of Care Testing Market & Forecast
Samples
LOADING...
Companies Mentioned
- Abbott Laboratories
- Becton, Dickinson and Company
- Johnson & Johnson
- Quest Diagnostic
- Roche Diagnostics
- Siemens Healthineers
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
LOADING...
