Point-Of-Care Diagnostic Market by Products, Prescription Mode & End Users worth $27.5 Billion by 20

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Point-Of-Care Diagnostic Market by Products, Prescription Mode & End Users worth $27.5 Billion by 2018

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The report “Point-Of-Care Diagnostic Market by Products (Glucose Monitoring & Infectious Diseases Testing Kits, Cardiac & Tumor Markers), by End Users (Self & Professional Monitoring), Over the Counter & Prescription Based - Global Forecast to 2018”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Asia-Pacific, Europe, and the Rest of the World.

Browse 191 market data tables and 87 figures spread through 320 pages and in-depth TOC on “Point-Of-Care Diagnostic Market". http://www.marketsandmarkets.com/Market-Reports/point-of-care-diagnostic-market106829185.html Early buyers will receive 10% customization in this report.

This report studies the global POC diagnostics market over the forecast period of 2013 to 2018.The market is poised to grow at a CAGR of 9.3% from 2013 to 2018, to reach $27.5billion by 2018.

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The global Point-Of-Care Diagnostics market is broadly categorized into infectious diseases testing kits, glucose monitoring kits, coagulation monitoring kits, urinalysis testing kits, hematology testing kits, cholesterol test strips, drugs of abuse testing kits, cardiac markers, blood gas/electrolytes testing kits, tumor/cancer markers, pregnancy and fertility testing kits, fecal occult testing kits, food pathogens testing kits, and others.

The glucose monitoring kits segment accounted for the largest share of the market in 2013, while cardiac markers segment is expected to grow at the highest CAGR in the forecast period.

The global market has also been classified on the basis of end users and prescription mode. Based on the end users, the global point of care diagnostics / testing market is segmented into patient professional monitoring kits and patient self-monitoring kits.

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A number of factors such as the rising prevalence of lifestyle and infectious diseases, increasing usage of home-based POC devices, technological advancements, and decreasing number of technicians in the central labs are driving the growth of the market.

In addition, factors such as growing government support, expansion of therapeutic horizon, and increasing private investments and venture funding to support new product developments are further stimulating the growth of the point-of-care diagnostics market.

However, factors such as lack of alignment with definitive central lab methods, reluctance to change existing treatment practices, and recalls of leading glucose monitoring devices are restraining the growth of the market.

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The global point-of-care diagnostics market is dominated by North America, followed by Europe, Asia-Pacific and the Rest of the World (RoW). North America will continue to dominate the market in the forecast period, followed by the Asia-Pacific. However, the Asia-Pacific region is expected to grow at the highest CAGR of ~13.6% from 2013 to 2018.

Over the next five years, the growth of the market in the Asia-Pacific region is likely to be centered at Japan, China, and India.

The point-of-care diagnostics market is a diversified and competitive market with a large number of players. The market is dominated by various players, depending on their core competencies. The key players in this market are Roche Diagnostics Ltd. (Switzerland), Abbott Laboratories (U.S.), Alere Inc. (U.S.), Siemens AG (Germany), and Beckman Coulter, Inc. (U.S.).

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