Title: Competitive Assessment Report on Point of Care Diagnostics is expected to Growth Rate of 5.3% during the Forecast Period Short Summary MediPoint: Point of Care Diagnostics - Global Analysis and Market Forecasts Size and Share Published in 2016-03-01 Available for US$ 5995 at Researchmoz.us Description Point-of-care testing (POCT), as known as bedside/near-patient testing is one of the most rapidly growing areas in IVD. Systems that are categorized as POC include the following - Disposable systems or devices, which vary from reagent test strips for a single analyte to multi-analyte reagent strips - Small analyzers, usually hand-held devices - Desktop analyzers are larger and include systems designed for use in clinics or small laboratories. POCT may be performed in a variety of locations such as in secondary care including emergency departments, ambulance service, hospital wards, and intensive treatment units; and increasingly in the community and primary care including general practice (GP), health and community centers. - $2 billion in annual global sales and growth rate of 5.3% during the forecast period; the emerging markets: China, India and Brazil, are expected to show the fastest growth. - A number of factors, such as the increasing prevalence of infectious diseases in developing countries, the rising incidences of lifestyle diseases such as cardiac diseases and diabetes, the rising usage of home-based POC devices, expansion of test menu, and advancements in molecular testing and lab-on-chip technology are stimulating the demand for POC testing. - The rate of POC testing adoption will be moderated by the requirement for regulatory compliance, the pressure to control cost, and the need to demonstrate clear clinical-cost benefits of POC testing over central laboratory testing.
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Highlights Key Questions Answered - What is the current and future POC diagnostics market outlook in the developed and emerging markets? What trends are affecting the global market? - What is the competitive landscape and market share of major players in the POC space across different regions? - What are the key, high growth markets that IVD manufacturers should expand into? Which market segments are growing the fastest?