The global Point of Care Testing Market is expected to reach USD 57.08 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing government initiatives and support, such as favorable policies and regulations regarding the adoption of Point of Care (POC) testing product. Besides, the emergence of next-gen POC testing devices such as smartphone based devices and cost-effective wearable glucose meters are also contributing to the growing sales of the market. Increasing research and development for the production of te
The report provides detailed insights into Point of Care Testing market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Point of Care Testing market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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The steady Point of Care Testing market share growth can be attributed to a variety of factors and trends in the global Point of Care Testing market currently. Global Point of Care Testing market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Point of Care Testing market share growth over the forecast period.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Point of Care Testing market share contribution of these countries. In addition, Point of Care Testing market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Point of Care Testing Market include are:
- Key participants include Abbott Laboratories, Chembio Diagnostics, Siemens, Roche Diagnostics, Danaher Corporation, Johnson & Johnson, Qiagen, Becton, Dickinson and Company, Nova Biomedical, and Quidel Corporation, among others.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Emergen Research has segmented the global Point of Care Testing Market on the basis of Product, End-User, Mode of Purchase, and region:
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Infectious Disease Testing Products
- Glucose Monitoring Products
- Pregnancy and fertility Testing Products
- Cardio-metabolic Monitoring Products
- Hematology Testing Products
- Cholesterol Testing Products
- Tumor/Cancer Marker Testing Products
- End-User Outlook (Revenue, USD Billion; 2017-2027)
- Clinical Laboratories
- Home care Settings
- Mode of Purchase Outlook (Revenue, USD Billion; 2017-2027)
- Over-the-counter (OTC) Products
- Prescription Based Products
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In terms of Point of Care Testing market share and revenue contribution to the global Point of Care Testing market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Point of Care Testing market share.
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Point of Care Testing Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Point of Care Testing industry
Asia Pacific market share contribution to the global Point of Care Testing market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Point of Care Testing market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.
Steady increase in Europe Point of Care Testing market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Point of Care Testing market going ahead.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/101
The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Point of Care Testing industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Point of Care Testing market across different regions?
- Who are the major driving forces expected to decide the fate of the Point of Care Testing industry worldwide?
- Who are the prominent market players making a mark in the Point of Care Testing market with their winning strategies?
- Which Point of Care Testing industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Point of Care Testing market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Point of Care Testing Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Point of Care Testing Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Point of Care Testing Market Segmentation & Impact Analysis
4.1. Point of Care Testing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Point of Care Testing Market indicators analysis
4.2.2. Point of Care Testing Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. Point of Care Testing Market restraints analysis
220.127.116.11. High cost associated with the maintenance of Point of Care Testing products
18.104.22.168. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Point of Care Testing Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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