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Point of Care Testing Market Size Worth USD 57.08 Billion by 2027, Market Trends – Increasing preference for home care settings

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Point of Care Testing Market Size Worth USD 57.08 Billion by 2027, Market Trends – Increasing preference for home care settings

April 06
22:16 2021
The Global Point of Care Testing Market size was valued at USD 26.28 Billion in 2019 and is forecasted to reach USD 57.08 Billion by 2027 at a CAGR of 10.2%

Point of Care Testing Market research report is a detailed document outlining the recent advancements and developments in the Point of Care Testing business sphere considering 2019 as the base year and 2020-2027 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.

Point of Care Testing Market is expected to reach USD 57.08 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed due to the growing government initiatives and support, such as favorable policies and regulations regarding the adoption of Point of Care (POC) testing product. Besides, the emergence of next-gen POC testing devices such as smartphone based devices and cost-effective wearable glucose meters are also contributing to the growing sales of the market.  Increasing research and development for the production of technologically advanced, cost-effective, and user-friendly product is augmenting the demand for the industry.

Download Free Sample PDF Copy Of This Report: https://www.emergenresearch.com/request-sample/101

The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

Key participants include Abbott Laboratories, Chembio Diagnostics, Siemens, Roche Diagnostics, Danaher Corporation, Johnson & Johnson, Qiagen, Becton, Dickinson and Company, Nova Biomedical, and Quidel Corporation, among others.

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Infectious Disease Testing Products
    • Glucose Monitoring Products
    • Pregnancy and fertility Testing Products
    • Cardio-metabolic Monitoring Products
    • Hematology Testing Products
    • Cholesterol Testing Products
    • Tumor/Cancer Marker Testing Products
    • Others
  • End-User Outlook (Revenue, USD Billion; 2017-2027)
    • Clinical Laboratories
    • Home care Settings
    • Hospitals
    • Others
  • Mode of Purchase Outlook (Revenue, USD Billion; 2017-2027)
    • Over-the-counter (OTC) Products
    • Prescription Based Products

For more Information or Any Query Visit: https://www.emergenresearch.com/purchase-enquiry/101

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

Key Benefits of Buying the Global Point of Care Testing Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global Point of Care Testing Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global Point of Care Testing Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global Point of Care Testing Market

The report on the Global Point of Care Testing Market studies the Point of Care Testing market to offer accurate revenue estimations. The Point of Care Testing market is poised to achieve a valuation of USD 57.08 billion by 2027, from its valuation of USD 26.28 billion in 2019, registering a CAGR of 10.2%. The report also sheds light on the various factors affecting the growth of the market.

Get Brief Information https://www.emergenresearch.com/industry-report/point-of-care-testing-market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Point of Care Testing Market Segmentation & Impact Analysis

    4.1. Point of Care Testing Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing Prevalence of Infectious Disease in developing Countries

                    4.2.2.2. Rise in geriatric population

                    4.2.2.3. Increasing R&D for the development of new technologies

                    4.2.2.4. Scarcity of Skilled Laboratory Technicians

                    4.2.2.5. Increasing Government support and initiatives

          4.2.3. Market restraints analysis

                    4.2.3.1. Stringent Regulatory Policies

                    4.2.3.2. Product Recalls by key players

                    4.2.3.3. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continue…!

Quick Buy—Point of Care Testing Market Research Report At: https://www.emergenresearch.com/select-license/101

Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.

 

Media Contact
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Contact Person: Eric Lee
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City: Surrey
State: British Columbia
Country: Canada
Website: https://www.emergenresearch.com/industry-report/point-of-care-testing-market

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