Global POCT Market to Reach USD 38 Bn by 2022, According to DPI Research in Its New Report Available at MarketPublishers.com16 Jun 2016 • by Natalie Aster
LONDON – The dynamic of point-of–care testing (POCT), or bedside testing, is designed to bring medical diagnostic testing nearer to the patient. POCT facilitates to inform faster, immediate decisions for clinical management of the patient in physicians’ offices, hospitals, ambulances, patients’ homes, and in the field.
The worldwide POCT market is forecast to reach USD 38 billion by 2022-end. The market growth is primarily driven by surging prevalence of infectious diseases in developing nations, the soaring incidence rates of lifestyle associated diseases like heart ailments and diabetes, the increasing use of home–based POC testing devices, and technology advances regarding the development of cutting-edge, faster, and convenient-to–use devices are pushing up POCT demand. However, the growth can be hindered by obstacles in POC diagnostics test development, relative expensiveness of POC testing in comparison with central lab testing methods, reluctance towards acceptance and scale–up of POC technologies in many corners of the world.
New research study “Point of Care Testing – Global Analysis & Market Forecasts” prepared DPI Research offers a comprehensive examination of the 13 key POC tests market segments, covering their market size and 6-year forecasts, dynamics, growth, technology trends, regulatory requirements, competitive scenario, and emerging opportunities for the suppliers of instruments and consumables. The report also canvasses the market landscape and offers market share data. The study uncovers information on M&As, licensing and collaboration deals, and distribution agreements. The report gives a detailed assessment of the major drivers of, and challenges to the growth and expansion of the POCT market.
More new reports by this publisher can be found at DPI Research page.