Dublin, March 03, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jkpppc/global_poc) has announced the addition of the "Global POC Diagnostics Market 2015-2019" report to their offering.
The analysts forecast the Global POC Diagnostics market to grow at a CAGR of 8.47 percent over the period 2014-2019.
POC diagnostics are IVD devices and tools used for diagnosing diseases in patients outside a clinical laboratory setting. The use of these devices helps in the rapid diagnosis of the medical conditions and aids in providing appropriate treatments and medication to patients.
Rapid adoption of POC diagnostic tests is one of the key trends upcoming in this market. The use of POC diagnostics has been increasing over the past years as they provide rapid results and aid in immediate treatment decisions. This reduces the hospital stay of patients and delay in test results because of overcrowded emergency wards.
According to the report, high prevalence of diabetes and obesity among patients worldwide is one major driver of the market. Unhealthy lifestyles and a lack of exercise result in a higher incidence of chronic diseases in people, which has increased the demand for POC diagnostics.
Further, the report states that limitation of POC diagnostics is a major challenge that the market faces. The limited lifespan of the biomolecules and complications with quality control can restrict the use of POC diagnostics.
To calculate the market size, the report considers revenue generated from the sales of POC diagnostics used in various applications:
- Blood glucose testing
- Infectious diseases testing
- Cardiac markers testing
- Coagulation testing
- Pregnancy and fertility testing
- Blood gas/electrolytes testing
- Tumor markers testing
- Urinalysis testing
- Cholesterol testing
Key Vendors
- Abbott Laboratories
- Alere
- Bayer Healthcare
- Danaher
- F. Hoffmann-La Roche
- Johnson & Johnson
Other Prominent Vendors
- A. Menarini Diagnostics
- Abaxis
- Acon
- BD
- Bio-Rad Laboratories
- Chembio Diagnostics
- Chongqing Haray International Business
- Clarity Diagnostics
- Clinical Innovations
- Contec Medical
- Eurotrol
- Fudakang Ind'l
- Helena Laboratories
- i-sens
- International Technidyne
- Medtronic
- Nipro Diagnostics
- Nova Biomedical
- OraSure Technologies
- Phamatech
- Quidel
- Radiometer Medical
- Randox Laboratories
- SA Scientific
- Sekisui Diagnostics
- Shenzhen Fitconn Technology
- Siemens Healthcare
- STAT Technologies
- Streck
- TaiDoc
For more information visit http://www.researchandmarkets.com/research/jkpppc/global_poc