ReleaseWire

Point of Care Testing Market Projected to Reach US $38 Billion by 2022

Posted: Wednesday, October 10, 2018 at 8:00 AM CDT

Harrisburg, NC -- (SBWire) -- 10/10/2018 --Point of care (POC) technologies are rapidly becoming part of the revolution of the healthcare landscape. With evolving high-tech innovations in healthcare, including smartphone apps, biosensors, lab-on-a chip, and wearable devices all of which offer a closer connection to the patient. The dynamic of point of care testing (POCT) is to bring testing closer to the patient and results conveniently and quickly to the provider to expedite diagnosis and subsequent treatment. POCT allows for faster clinical decisions in hospitals, physicians offices, ambulances, patient homes, and in the field.

The global point of care testing market is projected to reach US$ 38 Billion by 2022, at a CAGR of XX% from 2016 to 2022. The global market is mainly driven by increasing prevalence of infectious diseases in developing countries, the rising incidences of lifestyle diseases such as cardiac diseases and diabetes, the rising usage of home-based POC devices, and technological advancements with regard to development of advanced, faster, and easy to-use devices are stimulating the demand for POCT

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This report titled "Point of Care Testing - Global Analysis & Market Forecasts" provides a comprehensive analysis of the emerging point of care tests market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities for instrument and consumable suppliers. This report also provides market landscape and market share information in the point of care testing market. The report brings together major merger & acquisition, distribution agreement, licensing deals and collaboration deals information in point of care testing market. The report also entails major drivers and challenges of point of care testing market.

The following 13 segments of the point of care testing market are detailed with market size and six year forecast.

Blood Glucose Testing
Cardiac Markers Testing
Lipid Panel/Cholesterol Testing
Blood Coagulation Testing
Infectious Disease Testing
Urinalysis Testing
Drug of Abuse Testing
Pregnancy & Fertility Testing
Cancer Markers Testing
Critical Care Testing
HbA1C Testing
Clinical Chemistry Testing
Bilirubin Testing

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This report also gives access to significant data such as:

Market Growth Drivers in the Point of Care Testing Market
Challenges in the Point of Care Testing Market
Current Market Trends
Market Forecasting for the Coming Years
Merger & Acquisitions between major companies
Distribution Agreement
Licensing Deals
Collaboration Deals

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Reasons to Purchase this Report
- Identify the current and future prospect of the Point of Care Testing market in the developed and emerging markets
- Analyze various perspectives of the market with the help of Porter's five forces analysis
- Information about the growth of the various material, type, and application that are expected to dominate the market
- Regional and country analysis of the market
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in Excel)

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