Point-of-Care Diagnostics / Testing (POCT) Market: Market Size, Driving Players and Industry Analysis Report 2017 by Acute Market Reports

Point-of-Care Diagnostics / Testing (POCT) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2017 - 2025, the point-of-care diagnostics / testing market was valued at USD 18,294.06 Mn in 2017, and is expected to reach USD 28495.9 Mn by 2025, expanding at a CAGR of 8.1% from 2017 to 2025.

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Market Insights

Point-of-care tests (POCT) are the type of diagnostic tests performed outside the central laboratory or decentralized testing. The technological evolution in the field of diagnostics including introduction of portable and handheld instruments has resulted in the shift of POC testing from the hospitals to several medical environments including the workplace, home, disaster care and convenience clinics. POC diagnostics offers high potential for diagnosis and treatment of patients, as it assists rapid availability of test results and hence, earlier clinical decision making and intervention. The factors aiding the growth of POC testing market are mounting disease incidence, rising public awareness related to diagnosis of infectious diseases, growing focus towards personalization of care and constant integration of technology into healthcare. POC testing is becoming one of the integral parts of diagnosis and monitoring patient care market. Novel technologies are enabling POC devices to generate quantitative lab-quality test results that can be transferred to a central information system, remote caregiver service for consultation or electronic medical record database.

Market Competition Assessment:

The point-of-care diagnostics or testing market is observed as the most diversified and competitive market comprising large number of players. The market observed one of the highest rates of merger and acquisition activity leading to investments in novel technologies as companies with strong capital back-up enter the sector. The market is dominated by several players, depending on their major competencies. The key players in this market are Roche Diagnostics Ltd., Abbott Laboratories, Alere Inc., Siemens AG, and Beckman Coulter, Inc.

Key Market Movements:

• High prevalence of infectious diseases and rising incidences of lifestyle diseases in developing countries
• Rising usage of home-based POC testing devices is improving patient complianc
• Increasing private investments and venture funding along with growing government support in development of new products and adoption of current POC devices is assisting the market growth

ToC:

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology

Chapter 2 Executive Summary
2.1 Point-of-Care Diagnostics/Testing Market, by Product Type, 2017 (USD Mn)
2.2 Point-of-Care Diagnostics/Testing Market Share, by End Users, 2015 & 2025 (Value %)
2.3 Point-of-Care Diagnostics/Testing Market Share, by Geography, 2015 (Value %)

Chapter 3 Global Point-of-Care Diagnostics/Testing Market: Market Dynamics and Outlook
3.1 Point-of-Care Diagnostics/Testing : Current and Future Trends
3.2 Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition
3.6 Market Share Analysis: Key Point-of-Care Diagnostics/Testing Manufacturers, 2017 (%)...............

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