The Global Point-of-Care Diagnostics Devices And Equipment Market Report by The Business Research Company Covers Point-of-Care Diagnostics Devices And Equipment Market Drivers And Restraints, Point-of-Care Diagnostics Devices And Equipment Market Size, Major Players, And The Impact Of COVID-19 On The Point-of-Care Diagnostics Devices And Equipment Market.
The point-of-care diagnostics devices and equipment market consists of sales of point-of-care (POC) diagnostics devices and equipment and related services. Point-of-care diagnostics devices and equipment are designed to aid physicians in performing medical diagnostic testing at or near the point of care, for immediate knowledge on diseases or conditions. Point-of-care diagnostics are segmented into cardio metabolic monitoring kits, infectious diseases testing kits, cardiac and cancer markers excluding blood glucose monitoring kits.
An increase in the incidence of target diseases is driving the POC devices and equipment market globally. The rising incidence of chronic diseases, like diabetes, rheumatism, or cancer is increasing steadily worldwide due to poor lifestyle choices and increasing obesity, thus driving the growth of POC devices and equipment market.
The global point-of-care diagnostics devices and equipment market is expected to grow from $21.55 billion in 2020 to $25.3 billion in 2021 at a compound annual growth rate (CAGR) of 17.4%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $33.15 billion in 2025 at a CAGR of 7%.
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Some point-of-care diagnostics devices and equipment market trends include over-the-counter (OTC) testing. FDA has approved OTC test kits for cholesterol, fecal occult blood, pregnancy and HIV/HCV. This method would improve the access to testing and early detection of the disease. These testing kits may generate more revenue than prescription tests over the forecast period due to ease of using the kits, increased home care and self-testing, and rise in availability and adoption rate.
Global point-of-care diagnostics devices and equipment market segments include:
1) By Type: Infectious Disease Testing Kits, Cardio Metabolic Monitoring Kits,, Cholesterol Testing Kits, Pregnancy And Fertility Tests Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Hematology Testing Kits, Drugs Of Abuse Testing Kits, Fecal Occult Testing Kits, Others.
2) By End User: Professional Diagnostic Centers, Hospitals/Critical Care Centers, Outpatient Healthcare Setting, Ambulatory Care Settings, Research Laboratories, Home.
3) By Prescription Mode: Prescription-based Testing Devices, Over-The-Counter (OTC) Testing Devices.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Point-of-Care Diagnostics Devices And Equipment Global Market Report 2021: COVID 19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides point-of-care diagnostics devices and equipment market overviews, analyzes and forecasts market size, share, point-of-care diagnostics devices and equipment market players, point-of-care diagnostics devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The point-of-care diagnostics devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Point-of-Care Diagnostics Devices And Equipment Global Market Report 2021: COVID 19 Implications And Growth to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Abbott, F. Hoffmann-La Roche, Siemens Healthineers, Danaher, Beckman Coulter, Becton, Dickinson and Company, QIAGEN N.V. , Johnson & Johnson, Alere, Inc, BioMerieux, Chembio Diagnostic Systems, Inc., EKF Diagnostics, Trinity Biotech Plc, OraSure Technologies, Inc., Sysmex Corporation, Quidel Corporation, Radiometer Medical ApS, Response Biomedical Corporation, Trinity Biotech Plc, Bio-Rad Laboratories, Inc. , Illumina , Thermo Fisher Scientific Inc., LabCorp, , Luminex Corporation , LifeScan, Nova, Sekisui Diagnostics, Hemocue AB, Akers Biosciences, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The point-of-care diagnostics devices and equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The point-of-care diagnostics devices and equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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