Global point of care testing market is expected to reach USD 41.7 billion by 2026, growing at a substantial CAGR of 8.4% in the forecast period 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
The most advanced tools and techniques are applied to produce this point of care testing report which gives the best experience to the business and the user. This report motivates clients to seek new business ventures and evolve better. This point of care testing market research report reviews diverse markets at a global level in accord with the client’s requirements and scoop out the best possible solutions and detailed information about the market trends. Clients can explore new possibilities which are made feasible by our superior research methodologies, research tools and rich experiences. While preparing this point of care testing report, two of the utmost values namely superiority and intelligibility are followed.
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Competitive Analysis: Global Point of Care Testing Market
Global point of care testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of point of care testing market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Point of Care Testing Market
Some of the major players operating in global point of care testing market are Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Medtronic, Accriva Diagnostics, Opti Medical, Sienco, Inc., Alpha Scientific Electronics, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics Inc., bioMérieux SA, Biomerica, Inc., Binx Health, Inc., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, Nova Biomedical and others
Key Developments in the Market:
In August 2018, AACC launched a certification program for point-of-care testing (POCT) for professionals; who perform diagnostic testing outside central laboratory. People how are eligible for criteria and pass an online test, proctored exam will receive the designation, of Certified Point-of-Care Testing Professional (CPP).
In February 2016, Abbott To Acquire Alere, which will become leader in point of care testing Abbott gains leadership in USD 5.5 billion point of care segment, the, main advantage of this Acquisition is it will provide access to new product applications, channels and geographies.
Market Drivers
Increasing geriatric population
Increase in infectious diseases (hepatitis, HIV infection, influenza, respiratory infections and others)
Technological advancements
Rapid economic development in the emerging economies
Market Restraints
High cost for point of care testing devices
Product recalls and reluctance from the industry towards changing the existing norms
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Segmentation: Global Point of Care Testing Market
By Product Type
Blood Glucose Testing Kits
Cardiometabolic Monitoring Kits
Cardiac Markers
Blood gas/Electrolytes Testing Kits
HbA1c Testing Kits
Lipids Testing
Infectious Disease Testing Kits
Influenza Testing Kits
HIV Testing Kits
Hepatitis C Testing Kits
Sexually-Transmitted Diseases Testing Kits
Tropical Diseases Testing Kits
Healthcare-Associated Infections
Respiratory Infections Testing Kits
Others
Cholesterol Testing Kits
Prothrombin Time Testing Kits
Activated Clotting Time Testing Kit
Pregnancy and Fertility Tests Kits
Tumor/Cancer Markers
Urinalysis Testing Kits
Cholesterol Test Strips
Hematology Testing Kits
Drugs of Abuse Testing Kits
Fecal Occult Testing Kits
Rapid Coagulation Testing Kits
Others
By Prescription Mode
Prescription Based Testing
Over-the-counter (OTC) Testing
Distribution Channel
Direct Tenders
Retail
By End- User
Hospitals
Emergency Department Critical-Care Unit
General Ward
Others (intensive care unit, neo-natal)
Clinics
Physicians Clinic
Diagnostic Clinic
Home Healthcare
Ambulatory Care
Research Laboratory
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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Reasons to Purchase this Report
Current and future of global point of care testing market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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