Health

Point of Care Testing Market to Witness Massive Growth By 2018-2025 | Industry Trends, New Innovation and Top Companies: Abbott Laboratories, Siemens Healthineers, Roche Diagnostics

The report provides a comprehensive analysis of the Global Point Of Care Testing Market along with industry details, currently dominating players in market, chapter wise analysis of each section and looming industry trends, which will guide the readers to target market product Specifications and clients driving the long-term market revenue and profitability.

Global Point Of Care Testing Market To Reach USD 50.5 Billion By 2025.

Global Point of Care Testing Market valued approximately USD 23.6 billion in 2017 is anticipated to grow with a healthy growth rate of more than 10.0% over the forecast period 2018-2025. Healthcare decentralization coupled with the technological advancements are considered as the key growth trends for the global point of care testing market over the forecast period.

The Point of Care Testing Market study offers an extensive analysis of key drivers, opportunities, key segments, regions, and major manufacturers. Additionally, the competitive scenario in different geographies is outlined to assist new entrants, leading market players, and investors to determine emerging economies. Insights presented in the report would benefit market players to develop strategies for the future and gain a strong position in the global market.

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The regional analysis of Global Point of Care Testing Market Covers:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • ROW

North America holds the leading position in point of care testing market owing to the high awareness amongst healthcare providers and patients regarding early disease diagnosis along with increasing healthcare expenditure. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific is witnessed owing to companies engaged in exploiting the untapped opportunities.

The Leading Market Players Include-

  • Abbott Laboratories
  • Siemens Healthineers
  • Roche Diagnostics
  • Becton, Dickinson and Company
  • Quest Diagnostic
  • Johnson & Johnson

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The detailed segments and sub-segment of the market are explained below:

By Product

  • Glucose Monitoring Products
  • Infectious Disease Testing Products
  • Cardiometabolic Testing Products
  • Pregnancy & Fertility Testing Products
  • Coagulation Testing Products
  • Tumor/Cancer Marker Testing Products
  • Cholesterol Testing Products
  • Urinalysis Testing Products
  • Drugs-of-Abuse Testing Products
  • Hematology Testing Products
  • Fecal Occult Testing Products
  • Other POC products

By Platform

  • Microfluidics
  • Lateral Flow Assays
  • Dipsticks
  • Immunoassays
  • Molecular diagnostics

By Mode

  • OTC-based testing
  • Prescription-based testing

By End-user:

  • Research laboratories
  • Home care
  • Professional diagnostics centers
  • Other End Users

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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