Point-Of-Care Diagnostic Market Worth $27.5 Billion by 2018 - New Report by MarketsandMarkets

A number of factors such as the rising prevalence of lifestyle and infectious diseases, increasing usage of home-based POC devices, and decreasing number of technicians in central labs are driving the growth of the global point-of-care diagnostics market - http://www.marketsandmarkets.com/Market-Reports/point-of-care-diagnostic-market-106829185.html.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friendRepost This
MarketsandMarkets

MarketsandMarkets

Major Players are Roche Diagnostics Ltd. (Switzerland), Abbott Laboratories (U.S.), Alere Inc. (U.S.), Siemens AG (Germany), and Beckman Coulter, Inc. (U.S.)

(PRWEB) May 12, 2014

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 198 market data tables and 48 figures spread through 452 pages and in-depth TOC on “Point-Of-Care Diagnostic Market” - http://www.marketsandmarkets.com/Market-Reports/point-of-care-diagnostic-market-106829185.html.

Early buyers will receive 10% customization on 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 $27.5 billion by 2018.

Download PDF brochure at http://www.marketsandmarkets.com/pdfdownload.asp?id=106829185.

The global POC diagnostics market is categorized into several segments such as 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. In addition, based on the type of end users, the global POC diagnostics market has been segmented into patient professional monitoring kits and patient self-monitoring kits. Furthermore, based on the prescription mode, the global POC diagnostics market has been segmented into OTC and prescription-based POC diagnostics market.

Inquire before buying at http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=106829185.

A number of factors such as increasing prevalence of infectious diseases in developing countries, rising incidences of lifestyle diseases such as cardiac diseases and diabetes, decreasing number of technicians in central labs, and technological advancements are stimulating the demand for POC testing. Evolution of new POC testing procedures and emerging markets such as China and India represent high growth opportunities for market players.

Over the last two decades, the treatment modalities for POC diagnostics have witnessed significant innovations. These innovations in treatment modalities are transforming the practice of POC testing throughout the world. North America and a major part of the European region are saturated markets for POC testing products. However, the developing regions such as Asia-Pacific (China and India), Latin America, and the Middle East are expected to form the new revenue pockets for this market. The POC diagnostics market in these emerging regions is primarily driven by various economic developments.

Moreover, the presence of a large patient population, increasing funding/investment toward the development of POC products, growing focus of both international and domestic players on the Asia-Pacific POC diagnostics market, and a large number of R&D activities are the key factors fueling the growth of the POC diagnostics market in these regions.

As of 2013, North America (comprising the U.S., Canada, and Mexico) held the largest share of the global POC diagnosticsmarket. This large share is primarily attributed to the huge and increasing addressable patient population base. Moreover, the development of accurate and rapid testing kits is further fueling the growth of the POC diagnostics market in North America. However, the Asia-Pacific POC diagnostics market is expected to witness the highest growth in the forecast period. A number of factors such as increasing funding/investment toward the development of POC products, growing focus of both international and domestic players on the Asia-Pacific POC diagnostics market, and large number of R&D activities are propelling the demand for POC testing products in the Asia-Pacific region.

The POC diagnostics market is a diversified and competitive market with a large number of players. The POC diagnosticsmarket (excluding blood glucose monitoring kits) is dominated by various players, depending on their core competencies. The key players in this market are Roche Diagnostics Ltd. (Switzerland), Alere Inc. (U.S.), Siemens AG (Germany), and Beckman Coulter, Inc. (U.S.). The key players in the global blood glucose monitoring kits market are Roche Diagnostics Limited (Switzerland), Johnson & Johnson (U.S.), Bayer AG (Germany), and Abbott Laboratories (U.S.).

Browse Related Reports:
Patient Monitoring Device/Equipment/System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Multiparameter, Remote, Weight, Temperature), End-user (Hospitals, Home) - Global Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/patient-healthcare-monitoring-systems-devices-market-678.html

Ophthalmology Devices Market (Optical Coherence Tomography (OCT) Scanner, Fundus Camera, Tonometer, Pachymeter, Perimeter, Slit Lamp, Excimer, YAG Laser, Femtosecond Laser, IOL, Contact Lens) - Competitive Landscape & Global Forecasts to 2018
http://www.marketsandmarkets.com/Market-Reports/ophthalmology-devices-market-155637364.html

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com

Visit MarketsandMarkets Blog at http://mnmblog.org/market-research/healthcare/biotechnology.

Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets.


Contact

Follow us on: Contact's Google Plus