Albany, NY -- (SBWire) -- 02/02/2019 --The drive for POC data management systems stems from the need for automating the management of the entire ecosystems of point-of-care devices, including their functionality. The growing use of POC data management system for managing data from disparate POC devices onto a central data systems is a key factor driving the market. POC data management systems confer on users the benefit of bidirectional interface to hospitals and lab professionals possible under a unified enterprise platform.
The global POC data management systems is expected to garner increasing gains from rapid advances in point of care testing (POCT) in various parts of the world. The rising need for integrating patient data in POC management systems with the hospital information system (HIS) and laboratory information system (LIS). This is gaining steam in developing and developed regions.
The rising adoption of POC devices among healthcare centers including labs and hospitals is a key factor driving the POC data management system market. Rising awareness about infectious and chronic diseases is bolstering the demand for POC data management systems. Growing focus toward preventive healthcare is a key trend fueling the expansion of the market.
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Rising geriatric populations in developing and developed countries has bolstered the demand for POC devices, thereby stoking the popularity of POC data management systems. Recent advances made in healthcare infrastructures in developing countries have been offering solid boost to the market. Moreover, the market has been witnessing the advent of new, exciting avenues from growing focus of manufacturers on technological advancements. Such progress notably pertain to remote monitoring technologies, wireless connectivity, and process automation.
However, the high cost of POC data management systems has dampened their demand, especially in cost-sensitive markets. Nevertheless, growing focus on preventive healthcare will offer momentum to the demand for these systems. Sizeable investments made by governments and private players in numerous developing and developed countries are creating new avenues in the POC data management market. Among developing markets, Asia Pacific may rise at prominent pace during 2017–2025. The growth is likely to be driven by rapid advancements in healthcare infrastructures in emerging economies.
Prominent players operating in the POC data management systems market include Thermo Fisher Scientific, Inc., TELCOR, Inc., Radiometer Medical ApS, Abbott Laboratories, HemoCue AB, and Siemens Healthineers.
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Rising Adoption of POC Testing Devices to Impart Constant Momentum to Point of Care (POC) Data Management Systems Market