Point of care (POC) diagnostics
comprises of diagnostic tests that are performed at the patient site. POC
diagnostics provides fast results which in turn help in faster patient
management. The present POC diagnostics market already sports a number of
products with several new products in the development stage. The worldwide
diagnostics market is experiencing an urgent need for inexpensive POC tests for
the diagnosis of infectious diseases. Such tests are of significant help where
the available laboratory capacity is limited. Development and introduction of
new POC diagnostic methods demand effort and coordination among researchers,
healthcare practitioners, and product manufacturers. POC tests bypass the need
for high-end diagnostic systems for the diagnosis of infections and other
healthcare needs such as blood glucose measurement. Diagnostics play a vital
role in taking treatment decisions and consume a significant portion of the
overall healthcare costs. Thus, in resource-limited areas, POC diagnostics may
help in taking efficient treatment decisions with minimum costs.
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The overall POC diagnostics market
can be classified on the basis of prime technologies used in its applications
such as biosensors, electrodes, continuous testing, rapid HIV tests, drug
testing, and patent analysis. The major product segments of this market are
blood glucose monitoring systems, pregnancy and fertility diagnosis systems,
blood chemistry and electrolyte systems, drug and alcohol analysis systems,
cholesterol measurement systems, homeostasis measurement systems, tumor markers,
urine chemistry systems, and some others. North America is the leading
geographical market for POC diagnostics and is followed by Europe. Improvement
in the healthcare infrastructure and increase in healthcare expenditure of
emerging countries of Asia-Pacific will also contribute to the demand for POC
diagnostic products.
Some of the major players in this
industry are Abbott Laboratories, Beckman Coulter, Inc., Becton, Dickinson and
Company, Nipro Diagnostics, Johnson & Johnson, and Siemens Medical Solutions.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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