Title: Growth of Point-Of-Care Diagnostic Industry by 2018
1Point-Of-Care Diagnostic Market by Products
(Glucose Monitoring Infectious Diseases Testing
Kits, Cardiac Tumor Markers), by End Users
(Self Professional Monitoring), Over the
Counter Prescription Based - Global Forecast to
2018
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- Published March 2014
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2Point-Of-Care Diagnostic Market by Products
(Glucose Monitoring Infectious Diseases Testing
Kits, Cardiac Tumor Markers), by End Users
(Self Professional Monitoring), Over the
Counter Prescription Based - Global Forecast to
2018
- The global POC diagnostics market is estimated to
grow at a lower CAGR in developed countries
however, it is expected to witness high growth in
emerging countries such as China, India, and
Brazil. Factors such as rising prevalence of
lifestyle and infectious diseases, increasing
usage of home-based POC devices, technological
advancements, and decreasing number of
technicians in the central labs are propelling
the growth of the POC diagnostics market.
However, factors such as lack of alignment with
definitive central lab methods, reluctance to
change existing treatment practices and the
recall of leading glucose monitoring devices are
restraining the growth of this market. - In this report, the global POC diagnostics market
has been segmented on the basis of category
(infectious diseases testing kits, glucose
monitoring kits, cardiac markers, pregnancy and
fertility testing kits, and others) and end users
(patient professional monitoring kits and patient
self-monitoring kits). The glucose monitoring
kits market held the largest share53.7of the
global POC diagnostics market in 2013, followed
by the infectious diseases testing kits market. - Complete report is available _at_ http//www.reportsn
reports.com/reports/278283-point-of-care-diagnosti
c-market-by-products-glucose-monitoring-infectious
-diseases-testing-kits-cardiac-tumor-markers-by-en
d-users-self-professional-monitoring-over-the-coun
ter-prescription-based-global-forecast-to-2018.htm
l .
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3Point-Of-Care Diagnostic Market by Products
(Glucose Monitoring Infectious Diseases Testing
Kits, Cardiac Tumor Markers), by End Users
(Self Professional Monitoring), Over the
Counter Prescription Based - Global Forecast to
2018
- The fastest-growing segmentcardiac-markers
marketis projected to grow at a CAGR of 15.3
from 2013 to 2018. This growth is mainly
attributed to the increasing number of cardiac
patients and the demand of immediate diagnosis of
the diseases. Major players such as Roche
(Switzerland), Abbott Laboratories, Inc. (U.S.),
Siemens AG (Germany), Beckman Coulter, Inc.
(U.S.), and Alere Inc. (U.S.) are adopting
several growth strategies such as new product
launches, partnerships, agreements,
collaborations, joint ventures, and mergers and
acquisition in order to keep pace with the
evolving industry trends. - Geographically, North America commands the
largest share of the global POC diagnostics
market in 2013, followed by Asia-Pacific. A
number of factors such as increase in waiver of
CLIA for certain point of care diagnostic tests,
fostering FDA approvals for various immunoassay
techniques, easy access to POC tests through
diagnostic service providers, and presence of
major leading companies are driving the growth of
the POC diagnostics market in North America.
However, the economic slowdown and unfavorable
reimbursement scenario for tests due to
government budget constraints the growth of the
POC diagnostics market in this region. The
Asia-Pacific region is poised to grow at the
highest CAGR in the next five years. - Request a Sample of this Report _at_
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ple.aspx?name278283 .
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4Point-Of-Care Diagnostic Market by Products
(Glucose Monitoring Infectious Diseases Testing
Kits, Cardiac Tumor Markers), by End Users
(Self Professional Monitoring), Over the
Counter Prescription Based - Global Forecast to
2018
- Reasons to Buy the Report
- From an insight perspective, this research report
has focused on various levels of
analysisindustry analysis (PEST analysis and
Porters five force model), market share analysis
of top players, value chain analysis, supply
chain analysis, and company profiles, which
together comprise and discuss the basic views on
the competitive landscape, emerging and high
growth segments of the POC diagnostics market,
high-growth regions and countries and their
respective regulatory policies, government
initiatives, drivers, restraints, and
opportunities. The above mentioned market
research data, current market size, and forecast
of future trends will help existing players and
new entrants to make the necessary decisions
regarding the product offerings, geographic
focus, change in strategic approach, RD
investments for innovation in products and
technologies, and levels of output in order to
remain successful. - Companies purchasing the report could use any one
or combination of the below mentioned five
strategies (market penetration, product
development/innovation, market development,
market diversification, and competitive
assessment) for reaping market share. - Inquire for DISCOUNT_at_ http//www.reportsnreports.c
om/contacts/discount.aspx?name278283 .
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