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Point of Care Diagnostics Market Global Opportunity Analysis and Industry Forecasts, 2014 - 2022


Current and Future Market Scenario • In 2015, glucose monitoring kits was the leading segment of overall point of care diagnostics market revenue. • Global Point of Care Diagnostics market is expected to garner $43,336 million by 2022. • Point of Care Diagnostics Market will grow at a CAGR of 9.4% during the period 2016-2022. • Infectious disease testing kits segment is expected to grow at a remarkable CAGR of 13.1%, owing to increased demand in the diagnosis of infectious diseases. • Over-the-counter testing kits segment is projected to grow at a CAGR of 104% during analysis period.

Point of Care Diagnostics Market


Factors Contributing to Market Growth • Rising prevalence of various infectious diseases and several initiatives implemented by government and non-government associations for rise in health awareness around the world are the factors majorly driving the point of care diagnostics market growth

Other factors that contribute to market growth are: • Increasing prevalence of chronic and infectious diseases • Initiatives implemented by government and not-for-profit associations for rising health awareness • Technological Advancements and adoption of home-based point of care devices • Increasing healthcare expenditures worldwide

Point of Care Diagnostics Market


Market Segments BY PRODUCT • Glucose monitoring kits • Infectious disease testing kits • Pregnancy and fertility testing kits • Cardiometabolic monitoring kits • Urinalysis Testing Kits • Tumor/Cancer Markers Testing Kits BY MODE OF PRESCRIPTION • Prescription based point of care diagnostics • Over-the-counter (OTC) based point of care testing devices BY END USER • Professional diagnostic centers • Research laboratories • Home Point of Care Diagnostics Market


Dominating Segments • Glucose monitoring kit was the leading segment in 2015 and is expected to continue dominance throughout the forecast period. • Glucose monitoring devices are used to measure the amount of glucose or sugar level in the blood stream. • These devices provide reliable results, which can be used during routine check-ups to interpret risk factors with high sugar and also help in the

designing of new diet chart& medications.

Point of Care Diagnostics Market


Region Overview • Geographically, the Point of Care Diagnostics Market is segmented across North America, Europe, Asia-Pacific, and LAMEA. • North America was the leading regional POC devices market followed by Europe and Asia-Pacific in 2015. • Japan alone is the major shareholder in the Asia-Pacific region accounting for about one-third share of the Asia-Pacific point of care diagnostics market. • Asia-Pacific infectious diseases testing kits market is expected to grow at a CAGR o 14.1% during analysis period.

Point of Care Diagnostics Market


Leading Players • The leading players in the point of care diagnostics industry are highly focused to expand their business operations in the fast-growing emerging countries with new product launches as the preferred strategy.

• Abbott Laboratories, Siemens AG, F. Hoffmann-La Roche Ltd., Sinocare Inc., Johnson & Johnson, Sysmex Corporation, Nova Biomedical, Danaher Corporation, Becton Dickinson and Company, bioMrieux SA, and Bio-Rad Laboratories are key players in this industry.

Point of Care Diagnostics Market


Point of Care Diagnostics Market A report titled “Point of Care Diagnostics Market- Opportunities and Forecasts, 2014 – 2020” has been recently published by Allied Market Research. The report makes close observations of pipeline structure for end-to-end point of care diagnostic market around the world. It makes an in-depth analysis of current trends, drivers, and restraining factors that affect financial ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from stakeholder’s perspective. To know more about the Point of Care Diagnostics Market- Opportunities and Forecasts, 2014 – 2020 report: https://www.alliedmarketresearch.com/point-of-care-diagnostics-market

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Point of care diagnostics market