Point-Of-Care Diagnostics Market is projected to reach USD 46.7 billion by 2027 from USD 28.5 billion in 2019, at a CAGR of 10%.
Factors such as high prevalence of infectious diseases in developing countries, increased incidence of target conditions, increased government support and increased preference for home care worldwide are driving the market growth. However, the market growth is expected to be limited by product recalls, lack of consistency with laboratory test results, rigorous and time-consuming approval policies, and reluctance to change existing diagnostic practices.
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Key Market Players
The major players operating in this market are Abbott (US), Roche (Switzerland), Siemens (Germany), Danaher (US), Becton, Dickinson and Company (US), Johnson & Johnson (US), Instrumentation Laboratory (US), PTS Diagnostics (US), Quidel (US), Chembio Diagnostic Systems (US), Sekisui Diagnostics (US), Nova (US)
Point-of-care Diagnostics Market, by Product
- Glucose Monitoring Products
- Strips
- Meters
- Lancets & Lancing Devices
Point-of-care Diagnostics Market, by Mode of Purchase
- Prescription-based Products
- OTC Products
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Scope of the Report
The research study analyzes the global Point-Of-Care Diagnostics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Point-Of-Care Diagnostics Market Report
1. What was the Point-Of-Care Diagnostics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Point-Of-Care Diagnostics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Point-Of-Care Diagnostics Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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