The report offers an accurate forecast estimation of the Point of Care Testing Market based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Point of Care Testing Market.
The global Point of Care Testing Market is expected to reach USD 57.08 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing government initiatives and support, such as favorable policies and regulations regarding the adoption of Point of Care (POC) testing product. Besides, the emergence of next-gen POC testing devices such as smartphone based devices and cost-effective wearable glucose meters are also contributing to the growing sales of the market. Increasing research and development for the production of technologically advanced, cost-effective, and user-friendly product is augmenting the demand for the industry. Due to the pandemic, a huge number of kits and rapid tests have been manufactured, which have uplifted the demand of the POC testing product. Covid-19 is a significant contributor to the increase in the POC testing product's revenue as a massive number of Covid-19 screenings are being performed in the affected areas.
Get a sample of the report @ https://www.emergenresearch.com/industry-report/point-of-care-testing-market
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Overview of the TOC of the Report:
- Introduction, Scope, and Overview
- Opportunities, Risks, and Drivers
- Competition landscape analysis with sales, revenue, and price
- Extensive Profiling of the key competitors with the sales figures, revenue, and market share
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
Market Dynamics:
The report offers insightful information about the market dynamics of the Point of Care Testing market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Point of Care Testing market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Point of Care Testing market.
Key participants include Abbott Laboratories, Chembio Diagnostics, Siemens, Roche Diagnostics, Danaher Corporation, Johnson Johnson, Qiagen, Becton, Dickinson and Company, Nova Biomedical, and Quidel Corporation, among others.
Emergen Research has segmented the global Point of Care Testing Market on the basis of Product, End-User, Mode of Purchase, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Infectious Disease Testing Products
- Glucose Monitoring Products
- Pregnancy and fertility Testing Products
- Cardio-metabolic Monitoring Products
- Hematology Testing Products
- Cholesterol Testing Products
- Tumor/Cancer Marker Testing Products
- Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
- Clinical Laboratories
- Home care Settings
- Hospitals
- Others
Mode of Purchase Outlook (Revenue, USD Billion; 2017-2027)
- Over-the-counter (OTC) Products
- Prescription Based Products
Key Highlights from the Report
- The Glucose Monitoring Products segment dominated the market with a share of 28.5% in 2019 due to the growing occurrence of diabetes and an increase in the number of glucose monitoring products. Also, the increasing prevalence of cancer globally contributes to the growth of the Tumor/Cancer Marker Testing Product.
- The Home care Settings is expected to register the highest CAGR of 10.9% over the forecast period as the patients prefer home care settings.
- Asia-Pacific is expected to register the highest CAGR over the forecast period due to the increasing prevalence of infectious diseases and diabetes.
Take a Look at our Related Reports:
Point of Care Testing Market
Injectable Drug Delivery Market
Interventional Cardiology Market
3D Printing Market
https://www.google.as/url?q=https://www.emergenresearch.com/industry-report/3d-printing-market
Assistive Reproductive Technology Market
Quantum Dots Market
https://www.google.as/url?q=https://www.emergenresearch.com/industry-report/quantum-dots-market
Inhalation and Nasal Spray Market
Cloud Data Back-Up Recovery Market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
