Lewes, DE -- (SBWIRE) -- 02/12/2016 -- Report forecast the POCT market in Europe to grow at a CAGR of 4.07% during the period 2016 - 2020.

POCT is the fastest growing segment of laboratory diagnostics in Europe. It is performed using electronic and non-electronic devices that range from reaction strips to bulky devices. These devices replace a series of laboratory experiments and reduce the turnaround time. POCT diagnostic devices can be categorized into hand-held and near-bedside monitoring devices. The hand-held POCT devices are small, offering mobility while the near-bedside POCT devices are larger and complex. For both the devices, quality control and calibration functionality are checked before performing the tests.

The report covers the present scenario and the growth prospects of the point-of-care testing (POCT) market in Europe for the period 2015-2019. To calculate the market size, the report considers the revenue generated from sales of POCT diagnostic devices, including instruments and consumables

The market is divided into the following segments based on application:
- Blood glucose testing
- Infectious diseases testing
- Cardiac markers testing
- Coagulation testing
- Pregnancy and fertility testing
- Electrolyte testing
- Tumor markers testing
- Urinalysis
- Cholesterol testing

POCT Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, high prevalence of diseases and increased awareness about diseases and the advances in medicine are driving individuals to opt for preventative and control measures.

Further, the report states that the reimbursement structure is not uniform in the EU as each member state has its own policies for reimbursement approval by public or private insurance companies or both.

Key players in the POCT Market in Europe: Abbott Laboratories, Alere, Bayer Healthcare, LifeScan, Roche Diagnostics and Siemens.

Other Prominent Vendors in the market are: Abaxis, A. Menarini Diagnostics, Acon Laboratories, BD, Beckman Coulter, Bio-Rad Laboratories, Cepheid, Chembio Diagnostic Systems, Clarity Diagnostics, DiagCor, Helena Laboratories, Hologic, Life Technologies, Landwind Medical, Mindray, i-Sens, Nipro Diagnostics, Randox Laboratories, Span Diagnostics, Snibe Diagnostics, Sysmex, Trivitron Healthcare, and URIT.

Market driver
- Patient-driven demand
- For a full, detailed list, view our report

Market challenge
- Direct-to-consumer genetic testing
- For a full, detailed list, view our report

Market trend
- Government initiatives for quality improvement
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages "POCT Market in Europe 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, POCT testing: Overview, Market segmentation by application, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/poct-market-europe-2015-2019

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