Point of Care Coagulation Testing in Europe

Frost & Sullivan, December 2003

Expanding Point-of-Care Coagulation Testing Market Leverages Growth Opportunities

Increasing demand in the point-of-care (POC) coagulation sector promises a high growth in both near-patient testing and self-testing markets. Market trends indicate that coagulation testing is moving away from traditional laboratory testing and becoming decentralised. Coagulation monitoring in the home, where patients self test, is also on the rise. The coagulation market can capitalise on current trends by appealing to patients and physicians and other healthcare professionals.

This research examines the POC coagulation testing markets and its subsegments - near-patient testing and self testing. The research presents extensive information on the latest market trends, drivers, and restraints.

Emphasis on Clinical Benefits and Technological Advancements

The key benefit of POC coagulation testing has been the facilitation of faster turnaround and timely dosage adjustments, all resulting in a shorter time spent by the patient in hospital. POC coagulation testing has been further aided by the advancements in technology to link into hospital management systems and added value functions such as dosing software and audit trails.

To remain competitive in the coagulation testing market, there needs to be an emphasis on clinical benefits and technological advancements that aid both patients and healthcare professionals, says the analyst of this research service. Next-generation monitors provide rapid results and quantitative data, are easy to use, and have low operating costs to the patient and healthcare institution.

Trends Show a Growing Dependence on POC Coagulation Tests

Current market trends indicate that POC coagulation testing is growing rapidly especially in the emergency and critical care situations, and this is mainly attributed to fast turnaround times. The future in POC coagulation monitors will include instruments that have expanding test menus and smaller sample sizes making them even more suitable for alternate site testing, states the analyst. The physician's involvement will also play a key role in the development of the self testing market as the patient needs to be educated about his/her/the treatment.

1 EXECUTIVE SUMMARY
  Executive Summary
      1. Executive Summary
  2 ABBREVIATIONS
  Abbreviations
      1. Abbreviations
  3 INTRODUCTION
  Introduction
      1. Introduction
      2. Market Overview : Two Key Niches
      3. Market Drivers
      4. Market Challenges
  4 POINT OF CARE COAGULATION TESTING MARKET IN EUROPE
  Total Market Analysis
      1. Market Research Methodology
      2. Research Measurement System
      3. Market Forecasts and Trends
      4. Market Attractiveness
  Competitor Analysis
      1. Competitive Structure
      2. Positioning
      3. Technologies
  Customer Analysis
      1. End-user Analysis
  The Value Chain
      1. Primary Activities
  5 EUROPEAN COAGULATION TESTING MARKET
  European Customer Potential
      1. Market Potential
  Regional Trends
      1. Country Positioning
      2. Regional Trends
  6 MARKET ENGINEERING STRATEGIC RECOMMENDATIONS
  Strategic Recommendations
      1. Growth Strategies
      2. Strategic Recommendations
  7 FROST & SULLIVAN AWARDS FOR THE EUROPEAN COAGULATION TESTING MARKET
  Awards
      1. Market Leadership Award
      2. Product Innovation Award
      3. Distribution Strategy Award
      4. Growth Leadership Award
  8 DATABASE OF KEY INDUSTRY PARTICIPANTS
  Key Companies
      1. Database of Key Industry Participants

Customers who bought this item also bought

• Technology of Cheesemaking. 2nd Edition. Society of Dairy Technology series
• Distribution in India 2012
• Strategic Analysis of the European Garage Equipment Market
• Vehicle Testing (France)
• China Car Testing Equipment Industry Report, 2008
• China Car Testing Equipment Industry Report, 2008
• European Markets for Pedestrian Safety Systems
• A Strategic Appraisal of Opportunities in Eastern European Automotive Finance Markets
• Electrical Motor Products: International Energy-efficiency Standards and Testing Methods
• DoD Airborne ISR Market