Emergen Research

Molecular Diagnostics Point of Care Market Size- Industry Share, Growth, Trends and Forecast 2027 by Top Companies Abbott Laboratories, Bayer Healthcare, Roche Diagnostic

The study methodologies used to examine the Molecular Diagnostics Point of Care market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

 

Vancouver, BC -- (SBWIRE) -- 02/10/2021 -- Point of Care Molecular Testing aids physicians to enhance the standard of care by quick diagnosis with treatment decision and test results in the first visit of the patient.

Molecular Diagnostics Point of Care Market Drivers
The growing need for efficient, fast, and accurate testing methods and quick results for the molecular tests is expected to propel the market demand. These factors have led to an extensive makeover in the field of molecular diagnosis. POC Molecular testing helps physicians enhance the quality of diagnosis care by fast and eminent diagnosis with treatment decisions in the first visit by the patient to have the test results. This efficient and accurate technology will help physicians prescribe treatment in the first instance without slogging hours to wait for the final results.

Molecular Diagnostics Point of Care Market Regional Landscape
Key market participants are putting extensive efforts to strengthen their position in the global market. This can be attributed as a prominent factor bolstering the market demand. Also, many clinical studies investigating the efficiency of molecular tests are estimated to fuel the market growth during the forecast period. The rising demand for fast and accurate diagnosis and the development of advanced molecular diagnostic tests for DNA analysis has boosted Europe as a lucrative market for the product. The Asia Pacific is estimated to account for robust growth during the forecast period due to less availability of sophisticated central laboratory testing services, cost-effective implementation of point of care molecular tests, and a more extensive population base in need of clinical testing.

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Further key findings from the report suggest
POC MDx research is used in the majority of consumer incomes for infectious diseases due to the existence of several big business companies with a wide product selection.
Another factor accountable for the dominance of this section is the rising burden of infectious disease in developed and developing countries.
The biggest business segment to produce sales is PCR-based POC studies. The widespread use of PCR-based technology for PCR products for molecular diagnosis and marketing has created plenty of incentives for the growth of the segment.
North America was the largest region, contributing much of the world's revenue due to the existence of the highly technical, medical system, government, and private investments in R&D to improve MDx POC tests.
In May 2020, Becton Dickinson to extend the MDx diagnostic acquisition to the points of care
Main players in the market include Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, among others.

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Test Location Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Over-the-Counter (OTC)
PoC

Molecular Diagnostics Point of Care Market Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
PCR-based
Genetic Sequencing-based
Hybridization-based
Microarray-based

Molecular Diagnostics Point of Care Market Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Infectious Diseases
Oncology
Hematology
Prenatal Testing
Endocrinology
Others

Molecular Diagnostics Point of Care Market End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Decentralized Labs
Hospitals
Homecare
Assisted Living Healthcare Facilities
Others

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The study draws a forecast of the growth of the Molecular Diagnostics Point of Care market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

Here are the questions we answer...
At what rate will the Molecular Diagnostics Point of Care Market grow? What will be the value of the market in 2027?
What are the key technologies driving the Molecular Diagnostics Point of Care Market?
What would be the impact of Molecular Diagnostics Point of Care Market across different regions?
What are the strategies adopted by players to enter the APAC region?
What is the critical application of the Molecular Diagnostics Point of Care Market in the different sectors?
What are future growth strategies in the market?

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Table of Content
Chapter 1. Market Synopsis
1.1. Molecular Diagnostics Point of Care Market Definition
1.2. Molecular Diagnostics Point of Care Market Research Scope & Premise
1.3. Molecular Diagnostics Point of Care Market Methodology
1.4. Molecular Diagnostics Point of Care Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Molecular Diagnostics Point of Care Market Segmentation & Impact Analysis
4.1. Molecular Diagnostics Point of Care Market Product Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
Chapter 5. Molecular Diagnostics Point of Care Market By Method Insights & Trends
Chapter 6. Molecular Diagnostics Point of Care Market By End-Use Insights & Trends
Chapter 7. Molecular Diagnostics Point of Care Market By Application Insights & Trends
Chapter 8. Molecular Diagnostics Point of Care Market Regional Outlook
Chapter 9. Molecular Diagnostics Point of Care Market Competitive Landscape
Chapter 10. Company Profiles
Continue…