Wilmington, Delaware, United States, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. –The global point-of-care diagnostics market is prognosticated to reach a value of US$ 66 Bn by the end of 2028, according to a research report by Transparency Market Research (TMR). In addition, the study finds that the market for point-of-care diagnostics is expected to grow at a CAGR of 4.7% during the forecast period, from 2021 to 2028.
The point-of-care diagnostics market is prognosticated to gain notable growth prospects in North America during the forecast period owing to many factors including a surge in the older population and rise in the cases of diabetes, cardiovascular diseases, and cancer in the region.
Get Exclusive PDF Sample Copy of Point-of-Care Diagnostics Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1128
Companies in the point-of-care diagnostics market are investing sizable amounts in researches in order to improve the quality of the products they offer. Moreover, several players are focusing on the execution of strategies such as mergers, acquisitions, partnerships, and collaborations in order to stay ahead of the competition. Such factors are likely to contribute to the promising growth of the point-of-care diagnostics market during the forecast period.
Point-of-Care Diagnostics Market: Key Findings
- The popularity of a combination of biosensors in point-of-care diagnostics devices is being rising in the recent years as this can assist in offering advanced patient care through remote and real-time health monitoring. This aside, biosensors are being preferred in order to avoid complexities seen in the label-based methodologies and gain test outcomes in minimum times. Hence, a rise in the use of point-of-care diagnostics devices is driving the market growth, states a TMR study.
- The adoption of home healthcare services is being increasing in the recent years globally. This factor is driving business prospects for point of care testing market leaders, states a TMR analysis. This aside, there has been a surge in the cases of infectious diseases including malaria and HIV/AIDS in many developed and developing nations. This factor is expected to lead to rise in the demand for point-of-care diagnostics in the years ahead, which in turn, is projected to help in the rapid market expansion.
- Point-of-care diagnostics assists healthcare professionals to accurately and efficiently gain high-quality and real-time results in a minimum time. The demand for these diagnostics is being rising in the recent years as they help healthcare professionals in making timely decisions associated with the treatment plan of a patient. This factor is driving the growth prospects in the market, notes an analysis presented in the point of care diagnostics market report by TMR.
- The government authorities of several nations globally are offering favorable reimbursement policies for the healthcare industry. This factor is boosting the market demand, notes an analysis by TMR, which sheds light on the trends and growth drivers of point-of-care diagnostics market.
Ask for References – https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=1128
Point-of-Care Diagnostics Market: Growth Boosters
- Surge in the cases of infectious, chronic, and lifestyle-associated diseases globally is one of the prominent factors driving the point of care testing market growth
- Increase in the technological advancements in order to deliver safe, timely, and precise outcomes for diagnosis is driving the expansion of the point of care diagnostics market size
Point-of-Care Diagnostics Market: Key Players
Some of the key players profiled in the report are:
- bioMérieux SA
- Johnson & Johnson Services, Inc.
- Nova Biomedical
- F. Hoffmann-La Roche Ltd.
- Bio-Rad Laboratories, Inc.
- Siemens AG
- Abbott
- BD
- Cardinal Health, Inc.
- Danaher Corporation
- Thermo Fisher Scientific, Inc.
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1128
Point-of-Care Diagnostics Market Segmentation
- Platform
- Lateral Flow Assays
- Dipsticks
- Microfluidics
- Molecular Diagnostics
- Immunoassays
- Others
- Application
- Glucose Monitoring Products
- Cardiometabolic Monitoring Products
- Infectious Disease Testing Products
- Pregnancy & Fertility Testing Products
- Urinalysis Testing Products
- Cholesterol Testing Products
- Hematology Testing Products
- Drugs-of-abuse Testing Products
- Others
- End-user
- Hospitals
- Diagnostic Laboratories
- Clinics/Physician Offices
- Home Care
- Others
Regions
- North America
- Latin America
- Europe
- Latin America
- Middle East & Africa
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:
Non-invasive Brain Stimulation System Market: The global non-invasive brain stimulation system market is anticipated to reach more than US$ 1.04 Bn by the end of 2031 at a CAGR of 6.3% from 2022 to 2031.
Dental Consumables Market: The global dental consumables market is anticipated to reach more than US$ 49.8 Bn by the end of 2031 at a CAGR of 7.1% from 2022 to 2031.
Pediatric Home-use Medical Devices Market: The global pediatric home-use medical devices market is anticipated to reach more than US$ 4.27 Bn by the end of 2031 at a CAGR of 6.2% from 2022 to 2031.
Nurse Call Systems Market: The global nurse call systems market is anticipated to reach more than US$ 4.2 Bn by the end of 2031 at a CAGR of 9.8% from 2022 to 2031.
Diabetes Devices Market: The global diabetes devices market is anticipated to reach more than US$ 90.2 Bn by 2031 at a CAGR of 6.0% from 2022 to 2031.
U.S. Ambulatory Cardiac Monitoring Devices Market: The ambulatory cardiac monitoring devices market in the U.S. is anticipated to reach more than US$ 9.0 Bn by the end of 2031 at a CAGR of 7.4% from 2022 to 2031.
Arthroscopic Visualization Instrument Market: The global arthroscopic visualization instrument market is anticipated to reach more than US$ 3.2 Bn by 2031 at a CAGR of 4.1% from 2022 to 2031.
Medical Waste Management Market: The global medical waste management market is expected to reach the value of US$ 25.2 Bn by the end of 2028 at a CAGR of 6.2% from 2021 to 2028.
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
