Emerging Trend:Point of Care Devices Market by 2025 Covers All Segments with Key Players: Abbott, Bayer, Biosite, bioMerieux, Cholestech, Meridian, Nova Biomedical, Roche
Point of Care Devices Market 2025 report segmented into key industry verticals which helps the players understand the working of the industry
Pune, India -- (SBWire) -- 03/27/2019 --Point of Care Devices Market is inked to rise at staggering CAGR of +7% during the forecast period 2019 – 2025.
"Point of Care Devices Market 2019" focuses on value rather than test volume and reimbursement issues that minimize tests to the optimal point where outcomes won't suffer while cost efficiencies are gained. Upcoming technological advancements in smart phones, biosensors, lab-on-a-chip and wearable devices tend to transform the whole spectrum of POCD market. The driving force behind these innovations in healthcare is to provide ease of diagnosis where the patient is seen at home.
Top key players:
Abbott, Bayer, Biosite, bioMerieux, Cholestech, Instrumentation Laboratory, Inverness, International Technidyne Corporation, Meridian, Nova Biomedical, Roche, Quidel.
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"A Point of Care (POC) device is used to obtain diagnostic results in close proximity to the patient or patient. POC diagnostic devices used in doctors' offices, hospitals and patient homes provide fast feedback on various types of health screenings. It is used to test glucose and cholesterol levels, analyze electrolytes and enzymes, test substance abuse and pandemics, and test pregnancy. Blood gas, cardiac markers, and fecal occult blood tests may also be performed using a POC diagnostic device."
By Systems Basis:
- Blood Gas Family
- Cardiac
- Diabetes
- Urinalysis
- Informatics
By End User:
- Hospitals
- Clinics
- Diagnostic Labs
- Home Care
Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
Diabetes represents 67% of the market share and is the primary driver of POC devices market followed by other highly growing segments include cardiac coagulations, infectious disease and blood gas with great optimization of care processes. MDx based tests for infectious diseases such as MRSA and Sepsis have significant growth potential as they are POC oriented.
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Point of Care Devices Market report concludes the new project, key development areas, business overview, product/services specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of vulnerabilities which companies operating in the market and must be avoided in order to enjoy sustainable growth through the course of the forecast period.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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