Allied Market Research

Point of Care Test Market Size by Application, 2023

 

Portland, OR -- (SBWIRE) -- 10/06/2017 -- Point of care test or POCT is the diagnostics test done with the help of electronic and non-electronic devices. It replaces several laboratory and clinical experiments hence decrease the turnaround time required for the tests. The prime factors that drive the market growth are the rise in demand for POCT among patients, increase in the disposable income and rapid increase in medical tourism in Europe. However, lack of awareness about POC tests restraint point of care test market growth. Moreover, increasing technological developments in the field of POC tests will offer lucrative opportunities for the market growth.

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The report segments the market on the basis of applications, end users, and countries. Based on application, the market is segmented into blood glucose testing, infectious diseases testing, cardiac markers testing, coagulation testing, blood gas and electrolyte testing, pregnancy and fertility testing, tumor markers testing, cholesterol testing and urinalysis. Based on end users, then the market is segmented into hospitals, diagnostics centers, and others. Based on the country, the market is segmented in France, U.K, Italy, Spain, Germany, and rest of Europe.

The key players in the market are Alere, F Hoffmann La Roche Ltd., Abbott Laboratories, Lifescan Inc., Becton, Dickenson, and Company (BD), Affymetrix Inc. (ThermoFisher Scientific Inc.), Agilent Technologies, Danaher Corporation, BioMerieux S.A and Nova Biomedical.

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Key Benefits

-The study provides an in-depth analysis of the point of care test market along with the current trends and future estimations to elucidate the imminent investment pockets.

-Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.

-Comprehensive quantitative analysis of the industry is provided for the period of 20162023 to assist stakeholders to capitalize on the prevailing market opportunities.

-Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.

-Key market players and their strategies have been provided to understand the competitive outlook of the industry.