Skip to main content

Global Point-Of-Care Diagnostics / Testing (POCT) Market Growth Prospects Studied during the Period until 2022Point-Of-Care Diagnostics / Testing (POCT)

The latest market report published by Credence Research, Inc. “Global Point-of-Care Diagnostics / Testing (POCT) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the point-of-care diagnostics / testing market was valued at USD 15,743.6 Mn in 2015, and is expected to reach USD 27,507.2 Mn by 2022, expanding at a CAGR of 8.1% from 2016 to 2022.
Browse the full report Point-of-Care Diagnostics / Testing (POCT) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 at http://www.credenceresearch.com/report/point-of-care-diagnostics-or-testing-market
Market Insights
Point-of-care tests (POCT) are the type of diagnostic tests performed outside the central laboratory or decentralized testing. The technological evolution in the field of diagnostics including introduction of portable and handheld instruments has resulted in the shift of POC testing from the hospitals to several medical environments including the workplace, home, disaster care and convenience clinics. POC diagnostics offers high potential for diagnosis and treatment of patients, as it assists rapid availability of test results and hence, earlier clinical decision making and intervention.  The factors aiding the growth of POC testing market are mounting disease incidence, rising public awareness related to diagnosis of infectious diseases, growing focus towards personalization of care and constant integration of technology into healthcare. POC testing is becoming one of the integral parts of diagnosis and monitoring patient care market. Novel technologies are enabling POC devices to generate quantitative lab-quality test results that can be transferred to a central information system, remote caregiver service for consultation or electronic medical record database.
Market Competition Assessment:
The point-of-care diagnostics or testing market is observed as the most diversified and competitive market comprising large number of players.  The market observed one of the highest rates of merger and acquisition activity leading to investments in novel technologies as companies with strong capital back-up enter the sector. The market is dominated by several players, depending on their major competencies. The key players in this market are Roche Diagnostics Ltd., Abbott Laboratories, Alere Inc., Siemens AG, and Beckman Coulter, Inc.
Key Market Movements:
High prevalence of infectious diseases and rising incidences of lifestyle diseases in developing countries
Rising usage of home-based POC testing devices is improving patient complianc
Increasing private investments and venture funding along with growing government support in development of new products and adoption of current POC devices is assisting the market growth
 About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Who we are
Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.
Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.
Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.
What we do
We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.
No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Popular posts from this blog

Harmonic Filter Market-Global Industry Analysis, Size, Share, Growth 2023: Credence Research

According to a new market report published by Credence Research, Inc., “Global Harmonic Filter Market(By Type (Passive Harmonic Filters, Active Harmonic Filters, and Hybrid Harmonic Filters), By End-use (Industrial, Commercial, Residential,), By Voltage Level (Low Voltage, Medium Voltage, and High Voltage)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2023” the global harmonic filter market is poised to witness steady growth, growing at a CAGR of 6.9% during the forecast period 2016 – 2023. Browse the full report at http://www.credenceresearch.com/report/harmonic-filter-market Market Insights Harmonics or distortions are ideally produced in an electrically powered system/equipment owing to the presence of non-linear loads like variable frequency drives in the system. The transmission of distortions in electrically powered machinery/equipment is the major cause behind power quality issues.  Large magnitude of harmonics can result in malfunctioning of …

Metabolomics Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025

The latest market report published by Credence Research, Inc. “Metabolomics Market - Growth, Future Prospects and Competitive Analysis, 2017 - 2025”, the global metabolomics market was valued at US$ 621.1 Mn in 2016, and is expected to reach US$ 2,428.1 Mn by 2025, expanding at a CAGR of 15.3% from 2017 to 2025. Browse the full report at http://www.credenceresearch.com/report/metabolomics-market Market Insights Metabolomics is the study of chemical process that involves small molecules known as metabolites, present within cells, tissues, biofluids or organism. Metabolites are specific unique chemicals that are left behind in any cellular process, which can be studied for metabolite profiling. Such metabolites include amino acid, sugar, organic acids and volatile metabolites, secondary metabolites includes such as phenolic compound, alkaloids etc.; and pigments such as anthocyanins, carotenoids etc. Metabolomics study helps in integrating technology and the biological pathway, and under…

3D Printing Market Analysis, Application Type, Share, Growth, Trends and Forecast 2017 – 2023: Credence Research

According to a new market research report published by Credence Research“3D Printing  Market(Polyjet, Stereolithography (SL), Fused Deposition Modeling (FDM), Electron Beam Melting, Selective Laser Sintering (SLS), Others) - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”,the global 3D printing market stood at US$4.83Bn in 2015and is estimated to expand with a CAGR of 15.3% from 2016 to 2023. The complete report is available at http://www.credenceresearch.com/report/3d-printing-market Market Insights 3D printing, also called as additive manufacturing, refers to a process of making three-dimensional (3D) solid objects using a digital model. In 3D printing, the object is prepared by placing down successive layers of material. Since the introduction of 3D printing technology in 1984, the technology is steadily becoming popular and is expected to gain substantial traction in the coming years. Till date, the 3D printing technology is used in various applications…