Point of Care (POC) Testing Market Overview:
of Point-of-care (POC) testing market the analysis provides a complete overview of the competition, including the market share and company profiles of the main rivals worldwide. The scope of the research covers a thorough investigation of the Point-of-Care (POC) Testing Market as well as the reasons for variations in the growth of the industry in different regions.
Point-of-Care (POC) Testing Market the size is expected to reach US$ 21.31 billion in 2029, with a CAGR of 4.8% during the forecast period.
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After completing the market engineering, which included calculations of market statistics, market size estimates, market projections, market segmentation and data triangulation, a major primary research was conducted to obtain information and verify and prove critical numbers. Top-down and bottom-up strategies, as well as some data triangulation procedures, were often used during the market engineering process to perform market assessment and forecasting for the overall market segments and sub-segments discussed. in this research. To provide vital information throughout the report, an extensive qualitative and quantitative analysis is done on all the data collected during the market engineering process.
The market for global point-of-care (POC) testing is divided into three categories: product type, end-user type, and geography. The healthcare market is segmented into the following categories based on the type of product sold: Glucose Monitoring, Cardiac Markers, Infectious Disease Testing, Cholesterol Testing, Coagulation Monitoring, Pregnancy and Fertility Testing, Hematology Testing, blood gas and others. Clinics, homes, laboratories, assisted healthcare facilities, and hospitals are the end-user segments. geographically in Latin America, the Middle East and Africa, Asia Pacific, North America and Europe.
according to the Product
• Glucose monitoring
• Cardiac markers
• Testing of Infectious Diseases
• Cholesterol testing
• Coagulation monitoring
• Pregnancy and fertility testing
• Hematological testing
• Blood gas testing
by the End User
• Home care
• Assisted living health care facilities
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Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with key thought leaders and industry professionals such as experienced frontline staff, CEOs and marketing executives were conducted as part of the primary study. Primary research included in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs and marketing executives, while secondary research included a review of annual and financial reports of major manufacturers. Secondary data is used to determine percentage divisions, market shares, growth rates and worldwide market shares, which are then cross-checked with primary data.
• The major players in the Point of Care (POC) Testing Market are as follows:
• Beckman Coulter Inc.
• Instrumentation Laboratory
• Johnson & Johnson
• Nova Biomedical
• Roche Diagnostics Limited
• Siemens AG
• Abaxis, Inc.
• Abbott Laboratories
• Alfa Scientific Designs, Inc.
• ARKRAY, Inc.
• Ascencia Diabetes Care Holdings AG
• Becton Dickinson and Company
• bioMerieux SA
• CHEMBIO DIAGNOSTICS, INC.
• F. Hoffmann-La Roche AG
• LamdaGen Corporation
• Medtronic public limited company
• Nova Biomedical
Individual components influencing the market and changes in market regulations influencing current and future market trends are also included in the regional analysis summary of the Point-of-Care (POC) Testing Market. Current and future trends are explored to assess the full potential of the market and identify profitable patterns in order to gain a stronger foothold. The geographic assessment of the market is based on the current environment and expected developments.
Analysis of the impact of COVID-19 on the point-of-care (POC) testing market:
The end-user industries where the Point-of-Care (POC) Testing Market is used saw an increasing decline from January 2020 to May 2020 in a number of countries including China, Italy, Germany, United Kingdom, United States, Spain . , France and India, due to a pause in operations. This has resulted in a significant decline in the revenue of businesses working in these industries and, consequently, the demand for Point-of-Care (POC) Testing Market manufacturers, impacting the development of the Point-of-Care Testing Market (POC). ) in 2020. End-user business demand for the Point-of-Care (POC) Testing Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
The key questions answered in the Point of Care (POC) Testing Market Report are:
In 2021, which segment held the highest share of the Point-of-Care (POC) Testing Market?
What is the competitive landscape of the Point of Care (POC) Testing Market?
What are the key drivers helping the growth of the Point-of-Care (POC) Testing Market?
Which region holds the largest market share in the Point-of-Care (POC) Testing Market?
What will be the Point of Care (POC) Testing Market CAGR throughout the forecast period?
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