BANGALORE, India, Oct. 1, 2020
BANGALORE, India, Oct. 1, 2020 /PRNewswire/ -- According to the Latest Market Research Report "Point of Care Testing Market Research Report by Product (Cardio-metabolic Monitoring Kits, Cholesterol Test Strips, Fertility and Pregnancy Testing Kits, Glucose Monitoring Kits, and Haematology Testing Kits), by End User (Ambulatory Care, Home Care, Hospitals or Critical Care, Outpatient Healthcare, and Research Laboratories) - Global Forecast to 2025" published on Valuates Reports. The Global Point of Care Testing Market is expected to grow from USD 18,217.73 Million in 2019 to USD 35,403.58 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.71%.
Major factors driving the growth of Point of Care Testing Market size are the high prevalence of infectious diseases in developing countries, increased incidence of target conditions, increased government funding, and growing preference for home healthcare worldwide.
TRENDS INFLUENCING THE POINT OF CARE TESTING MARKET
POINT OF CARE MARKET SHARE ANALYSIS
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Based on Product, the Point of Care Testing Market studied across
Based on End User, the Point of Care Testing Market studied across
Based on Geography, the Point of Care Testing Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and the United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and the United Kingdom.
Company Usability Profiles: The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Point of Care Testing Market including Abbott Laboratories, AccuBioTech Co., Ltd., Becton, Dickinson, and Company, Chembio Diagnostics, Danaher Corporation, EKF Diagnostics, Johnson & Johnson, Nova Biomedical, QIAGEN GmbH, and Siemens AG.
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The growing base of the geriatric population, coupled with high incidence rates of chronic diseases, is one of the major factors fostering the global POC diagnostics market size growth.
The top companies in the POC Diagnostics Market are Alere, Roche, Abbott Laboratories, Johnson & Johnson, Siemens Healthcare, Danaher, Bayer Healthcare, Beckman Coulter, etc.
Alere is the largest supplier of POC Diagnostics, with a revenue market share of about 18% in 2015, and the top 6 suppliers of POC Diagnostics, with the revenue market share about 68% in 2015.
The global veterinary point of care blood gas analyzers market generated USD 47,876 thousand in 2016, and is anticipated to reach USD 65,982 thousand by 2023, growing at a CAGR of 4.6% from 2017 to 2023.
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