DUBLIN--(BUSINESS WIRE)--The "Global Point-of-Care Testing Market - Focus on Application, Market Share, Product Mapping and Country - Analysis and Forecast (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The global POCT market was estimated at $13.87 billion in 2017 and is estimated to grow over $23.92 billion by 2026.
The rise in the geriatric population along with the increased prevalence of chronic diseases is expected to boost the demand for POCT devices and drive growth of the global market. The POCT devices are portable, have quick Turn Around Time (TAT) and are easy to use which makes them more attractive for the end users, thereby increasing their demand and usage.
The global POCT market can be segmented based on product into devices, consumables and software & other solutions. The major contributor to the market in 2017 was the consumables/accessories segment. Based on the application type, the market is segmented into blood glucose monitoring, infectious diseases, blood gas & electrolytes, anticoagulant management, pregnancy & fertility, substance abuse, urinalysis, cardiac markers, lipids, HbA1C, tumor/cancer markers and others.
Based on the end users, the market can be segmented into hospitals, clinics, homecare, diagnostic laboratories and others. The market for the home care is expected to reach $5,740.2 million by 2026. Geographically, the largest contributor to the growth of the global POCT market in 2017 was North America due to the presence of supportive governmental regulations and reimbursement policies apart from the increase in the number of elderly people. This was followed by Europe. The fastest growing region was Asia-pacific because of rising healthcare expenditure and increasing patient awareness.
The PoC devices provide quick, efficient and safe detection method along with the advantage of remote and confidential testing. The market is expected to grow in the near future due to technological hybridization, connectivity with smartphone-based applications, higher demand in the developing nations, and increased usage across different indication.
Key Topics Covered:
1 Market Overview
2 Market Dynamics
3 Industry Insights
4 Competitive Landscape
5 Global Point-of-Care Testing Market, By Product
6 Global Point Of Care Testing Market, by Application
7 Global Point Of Care Testing Market, By End User
8 Global Point Of Care Testing Market, by Region
9 Company Profiles
10 Report Scope
- ARKRAY, Inc.
- Abaxis, Inc.
- Abbott Laboratories
- Alfa Scientific Designs, Inc.
- Ascencia Diabetes Care Holdings AG
- Beckman Coulter
- Becton Dickinson and Company
- bioMerieux SA
- CHEMBIO DIAGNOSTICS, INC.
- F. Hoffmann-La Roche AG
- Instrumentation Laboratory
- LamdaGen Corporation
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