‘The growing need for low cost, non-invasive diagnostic methods will help POCT garner attention as an efficient alternative’, says RNCOS.
Noida, UP -- (SBWIRE) -- 06/05/2015 -- The tremendous volume of glucose tests performed daily throughout the world is pushing companies to develop non-invasive user friendly methods for glucose testing. Their goal is a patient-friendly technology that does not require a needle stick or venipuncture and may even eliminate the need to send specimens to a medical laboratory. The initiatives in their final form, they may create a flow of useful diagnostic data reported to clinical laboratories in real time.
According to "Global Point-of-Care Diagnostics Market Outlook 2020", the global POCT industry is at a very crucial stage with POCT expanding itself into diverse disease areas, such as cancer and HIV diagnostics. Currently, the United States accounts for almost 45% of the total POCT market, followed by regions, such as Europe and Japan. At the same time countries such as Japan, China, India, Brazil and Mexico are expected to evolve as hotspots for development of POCT technology in the future.
The report provides a brief outlook of the IVD industry, covering major aspects, such as current market size, future growth and current and future geographical segmentation. It also talks about the major players of IVD industry and their respective contribution to the current market.
The report then moves on to the global POCT industry, its current market size and future forecasts. Markets for major application segments such as glucose testing, blood chemistry etc have also been discussed. Trends such as advanced microfluidics, lab-on-a-chip assays as well as portable technologies have been elaborated. At the end, major players of the industry have been highlighted and thorough profiling has been carried out to present POCT product portfolios, business segmentations, strengths and weakness, and recent developments of every player.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.