Point of Care Diagnostics (POC) Market – Global Industry, Size, Share, Growth, Analysis And Segmentation Report To 2020: Hexa Research
New Market Research Reports Title Global Point of Care Diagnostics (POC) Market Analysis Size And Segment Forecasts To 2020 Has Been Added to Hexa Research Report Database
The increasing geriatric population globally is also a factor propelling the point of care (POC) diagnostics market. Moreover, increasing usage of home based point of care devices, increasing government support, expansion of therapeutic horizon and rapidly increasing investments by various healthcare institutes to support new product developments are also the factors driving the point of care diagnostics market. There is a shortage of skilled staff, especially in the field of diagnostics. Various government initiatives to innovate out patient care models and to minimize hospital stays and rapidly increasing demand for home healthcare globally are the factors expected to further fuel the point of care diagnostics market over the forecast period.
Full research report on Global Point of Care Diagnostics (POC) Market with detailed figures and charts available at:
According to International Diabetes Federation (IDF), the prevalence of diabetes globally will be doubled till 2035. However, the rapid diagnostics market and OTC is expected to show lucrative growth over next six years owing to the growing demand for early disease diagnosis and self diagnosis to initiate instant and on-time treatment of chronic diseases. The end users of point of care diagnostic products include clinics, home, laboratories, assisted living healthcare facilities and hospitals. The clinics and hospitals together attributes the largest share in the market in terms of revenue.
Key points from the study:
The global point of care diagnostics market on the basis of product is segmented into urinalysis, fertility and feces, drug abuse testing, decentralized clinical chemistry, primary care systems (lipid and Hba1C), coagulation, hematology, cardiac markers, dedicated professional hospital glues testing, infectious diseases and blood gas/electrolytes.
The hospital glucose testing segment attributes the largest share in the market. The increasing incidences of diabetes and the necessity of constant detection of sugar levels in the blood are the key factors driving the point of care hospital glucose testing market.
The point of care diagnostics market on the basis of regions is segmented into North America, Europe, Asia Pacific and RoW. North America attributes the largest share of the overall market.
Asia Pacific is expected to show the fastest growth in the market owing to the rapidly enhancing healthcare infrastructure and new emerging countries such as China and India in this region.
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Key Companies analyzed:
Beckman Coulter Inc.
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