Point-of-Care Testing Market (POC)Key Finding, Market Impact, Latest Trends Analysis, Progression Status, Revenue and Forecast to 2029
Point-of-Care Testing Market (POC) Overview:
The Point-of-Care Testing Market (POC) study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Point-of-Care Testing Market (POC) , as well as the reasons for variations in the industry's growth in various locations.
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Market Scope:
This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to discover and collect excerpts acceptable for this study.
Point-of-Care Testing Market (POC) size is projected to grow at a CAGR of 4.8% from 2017 to 2029, reaching 21.31 US$ Bn.
Segmentation:
The market for global point-of-care (POC) testing is divided into three categories: product type, end-user type, and geography. The care market is divided into the following categories based on the type of product sold: Glucose Monitoring, Cardiac Markers, Infectious Diseases Testing, Cholesterol Testing, Coagulation Monitoring, Pregnancy and Fertility Testing, Hematology Testing, Blood Gas Testing, and Others. Clinics, homes, laboratories, assisted living healthcare facilities, and hospitals are the segments by end-user. geographically into Latin America, the Middle East & Africa, Asia Pacific, North America, and Europe.
Key Players:
The entire method entails an examination of the key market players' financial reports. Following the assessment of the overall market size, the market was segmented into several divisions and sub-segments and validated by key industry professionals and marketing executives. The biggest players in the Point-of-Care Testing Market (POC) are as follows:
• Abbott
• Beckman Coulter Inc.
• Instrumentation Laboratory
• Johnson & Johnson
• Nova Biomedical
• Qiagen
• 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
Regional Analysis:
The regional description of the Point-of-Care Testing Market (POC) analysis also contains individual market influencing variables and changes in market regulations that affect current and future market trends. Current and future trends are reviewed to evaluate the overall market potential and to identify profitable trends to get a more solid footing. The geographical market evaluation is based on the current environment and anticipated trends.
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COVID-19 Impact Analysis on Point-of-Care Testing Market (POC) :
End-user industries where Point-of-Care Testing Market (POC) are utilized had a drop in growth from January 2020 to May 2020 in some countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant fall in the revenues of businesses operating in these industries and, as a result, in demand for Point-of-Care Testing Market (POC) manufacturers, impacting the Point-of-Care Testing Market (POC) 's growth in 2020. With lockdowns and an increase in COVID-19 instances throughout the world, end-user business demand for Point-of-Care Testing Market (POC) has declined dramatically.
Key Questions Answered in the Point-of-Care Testing Market (POC) Report are:
- Which segment had the largest share in the Point-of-Care Testing Market (POC) in 2021?
- What is the competitive landscape of the Point-of-Care Testing Market (POC) ?
- Which are the key drivers aiding the Point-of-Care Testing Market (POC) growth?
- Which region has the maximum share in the Point-of-Care Testing Market (POC) ?
- What will be the CAGR of the Point-of-Care Testing Market (POC) during the forecast period (2021-2027)?
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