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Copyright © Research Nester Pvt. Ltd. www.researchnester.com
Global Point of Care Diagnostic Device Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Point of Care Diagnostics Market overview
Point of care diagnostics is performed outside the
laboratory where the patient is receiving care. Point of care
diagnostics accomplished by non-laboratory persons and
the results are used for medical decision making.
The global point of care diagnostics market reached USD
15.6 billion in the year 2014 and it is expected to reach
USD 29.5 billion at the end of 2021, registering a
compound annual growth rate (CAGR) of 9.2%.
Market Segmentation
By Technology
On the basis of technology, the global point of care
diagnostics market is segmented into:
Electrodes
Drug Testing
Biosensors
Rapid HIV Tests
Continuous Testing
Others
By Type
Dividing on the basis of type, global point of care
diagnostics market can be segregated into:
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OTC Testing Kits
Prescription Based Testing Kits
By Product Type
On the basis of product type the global point of care
diagnostics market can be divided into:
Infectious Diseases Testing Kits
Pregnancy And Fertility Testing Kits
Glucose Monitoring Kits
Coagulation Monitoring Kits
Hematology Testing Kits
Cardiac Markers
Cholesterol Test Strips
Fecal Occult Testing Kits
Food Pathogens Testing Kits
Tumor/Cancer Marker
Urinalysis testing kits
Others
By End User
On the basis of end user the global point of care
diagnostics market is segmented into:
Home
Clinics
Hospitals
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Assisted living healthcare facilities
Laboratories
Others
By Region
On the basis of region the global point of care diagnostics
market is segmented into:
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and challenges
Rising in the infectious diseases across the world, increasing diseases like respiratory, hormonal imbalances, diabetes, inclination towards home-based primary care & diagnostic preferences and rising consumption of home based point of care devices are the major fsactors which are projected to drive the global point of care diagnostics market in the coming six year.
Technological advancement in healthcare sector is yet another factor which is projected to pull the demand of global point of care diagnostics market in the forecasted year.
Disinclination from the industry concerning the stringent regulatory framework, existing norms, product recalls and
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unfavourable repayment consequence are the major challenges restraining the growth of global point of care diagnostics market.
Market Size and Forecast
North America point of care diagnostics market accounted
45% of the global revenue in the year 2015. The market in
the region is likely to get propelled from the introduction
of federal guiding principle for the diagnostics tests and
occurrence of reimbursement outline. North America
point of care diagnostic market is anticipated to showcase
a modest growth in the forecasted years.
In North America, the United States account 47% of the
total point of care diagnostics market at present and is
expected to continue its dominance in near future in the
region.
Escalated spending in the healthcare sector can be a factor
which raises the demand of point of care diagnostics
market in Europe.
Asia-Pacific point of care diagnostics market is expected to
rise at a fair rate from 2015 to 2021 and it is anticipated to
reach USD 5,965 million in the year 2021.
Key Players
Abbott Laboratories
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Siemens Healthcare
Becton Dickinsons & Company
Danaher Corporation
Roche Diagnostics
Beckman Coulter Inc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
Segmentation
By Type
By Region
By Product Type
By End User
By Technology
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Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment.
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care-diagnostics-market-analysis-opportunity-outlook-
2021/95
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