Point-of-Care Testing Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Point of care testing devices are also called besides testing. Point-of-care testing method permits physicians and medical staff to accurately achieve real-time, accurate, lab-quality diagnostic outcomes within minutes rather than hours like other testing methods. Point of care testing devices are used for medical testing at the time of patient care itself. The tests are performed by using portable, handheld and test kits devices. The main advantage of point of care testing devices is that it is very convenient, gives quicker results and can be used at emergency scenes.

MARKET DYNAMICS

The key market drivers for Point-of-Care Testing Devices Market Includes, various technological advancements on Point of care testing methods along with rising in demand of POCT in developed countries. Additionally, significant increase in prevalence of infectious diseases which need rapid testing is also fueling market growth. However, lack of awareness about POCT is expected to restrain market growth during the forecast period.

MARKET SCOPE

The "Point-of-Care Testing Devices Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Point-of-Care Testing Devices market with detailed market segmentation by application and end user. The Point-of-Care Testing Devices Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Point-of-Care Testing Devices Market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Point-of-Care Testing Devices Market is segmented on the basis of application and end user. On the basis of application the market is segmented as, blood glucose testing, infectious disease testing, cardiac markers testing, coagulation testing, fertility testing, tumor marker testing and others. And on the basis of end user the market is segmented as, hospitals, diagnostic centers and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Point-of-Care Testing Devices Market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Point-of-Care Testing Devices Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Point-of-Care Testing Devices Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Point-of-Care Testing Devices Market in these regions.

MARKET PLAYERS

The report covers key developments in the Point-of-Care Testing Devices Markets organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Point-of-Care Testing Devices Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Point-of-Care Testing Devices market in the global market. Below mentioned is the list of few companies engaged in the Point-of-Care Testing Devices Market.

The report also includes the profiles of key players in Point-of-Care Testing Devices Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.

•   Danaher Corporation
  
•   Abbott Laboratories
  
•   F. Hoffmann-La Roche Ltd
  
•   Alere
  
•   Siemens AG
  
•   Quidel Corporation
  
•   BD
  
•   Johnson and Johnson
  
•   EKF Diagnostics
  
•   Nova Biomedical
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Point-of-Care Testing Devices Report Scope