Global Point-of-Care Testing (POCT) Market By Product (Blood Glucose Testing Kits, Cardiometabolic Monitoring Kits, Infectious Disease Testing Kits, Cholesterol Testing Kits, Pregnancy & Fertility Tests Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Cholesterol Test Strips, Hematology Testing Kits, Drugs Of Abuse Testing Kits, Fecal Occult Testing Kits, Rapid Coagulation Testing Kits & Others), Prescription Mode (Prescription Based Testing & Over-The-Counter Testing), Distribution Channel (Direct Tenders & Retail), End User (Hospital, Clinics, Ambulatory Care, Home Healthcare, & Research Laboratory), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Point of Care Testing Market

Global point of care testing market is expected to reach USD 41.7 billion by 2026, growing at a substantial CAGR of 8.4% in the forecast period 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Market Definition: Global Point of Care Testing Market

Point of care testing devices are being used for the rapid diagnosis of disease conditions for the early detection and management of the disease.

Market Drivers

Increasing geriatric population

Increase in infectious diseases (hepatitis, HIV infection, influenza, respiratory infections and others)

Technological advancements

Rapid economic development in the emerging economies

Market Restraints

High cost for point of care testing devices

Product recalls and reluctance from the industry towards changing the existing norms

Segmentation: Global Point of Care Testing Market

By Product Type

Blood Glucose Testing Kits

Cardiometabolic Monitoring Kits Cardiac Markers Blood gas/Electrolytes Testing Kits HbA1c Testing Kits Lipids Testing

Infectious Disease Testing Kits Influenza Testing Kits HIV Testing Kits Hepatitis C Testing Kits Sexually-Transmitted Diseases Testing Kits Tropical Diseases Testing Kits Healthcare-Associated Infections Respiratory Infections Testing Kits Others

Cholesterol Testing Kits Prothrombin Time Testing Kits Activated Clotting Time Testing Kit

Pregnancy and Fertility Tests Kits

Tumor/Cancer Markers

Urinalysis Testing Kits

Cholesterol Test Strips

Hematology Testing Kits

Drugs of Abuse Testing Kits

Fecal Occult Testing Kits

Rapid Coagulation Testing Kits

Others

By Prescription Mode

Prescription Based Testing

Over-the-counter (OTC) Testing Distribution Channel

Direct Tenders

Retail

By End- User

Hospitals Emergency Department Critical-Care Unit General Ward Others (intensive care unit, neo-natal)

Clinics Physicians Clinic Diagnostic Clinic

Home Healthcare

Ambulatory Care

Research Laboratory

By Geography

North America U.S. Canada Mexico

South America Brazil Argentina Rest of South America

Europe Germany France United Kingdom Italy Spain Russia Turkey Belgium Netherlands Switzerland Rest of Europe

Asia-Pacific Japan China South Korea India Australia Singapore Thailand Malaysia Indonesia Philippines Rest of Asia-Pacific

Middle East & Africa South Africa Egypt Saudi Arabia United Arab Emirates Israel Rest of Middle East & Africa



Key Developments in the Market:

In August 2018, AACC launched a certification program for point-of-care testing (POCT) for professionals; who perform diagnostic testing outside central laboratory. People how are eligible for criteria and pass an online test, proctored exam will receive the designation, of Certified Point-of-Care Testing Professional (CPP).

In February 2016, Abbott To Acquire Alere, which will become leader in point of care testing Abbott gains leadership in USD 5.5 billion point of care segment, the, main advantage of this Acquisition is it will provide access to new product applications, channels and geographies.

Competitive Analysis: Global Point of Care Testing Market

Global point of care testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of point of care testing market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Point of Care Testing Market

Some of the major players operating in global point of care testing market are Abbott, F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD , Johnson & Johnson Services, Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Medtronic, Accriva Diagnostics, Opti Medical, Sienco, Inc., Alpha Scientific Electronics, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics Inc., bioMérieux SA, Biomerica, Inc., Binx Health, Inc., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, Nova Biomedical and others

Research Methodology: Global Point of Care Testing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

Current and future of global point of care testing market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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