Point of Care Testing Market: Thriving Amid Global Challenges with...

Point of Care Testing Market: Thriving Amid Global Challenges with Resilient Strategies

Posted 2023-12-12 07:50:03

Emergen Research’s latest market research report focuses on the global Point of Care Testing Market and the report provides in-depth analysis of each of its major segments. Reports about the global Point of Care Testing Market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors. Point of Care Testing industry projections and qualitative and quantitative assessments have been provided by the report's authors.

The global Point-Of-Care Testing (POCT) market size reached USD 39.80 Billion in 2021 and is expected to register a revenue CAGR of 10.9% during the forecast period, according to latest analysis by Emergen Research. Rise in prevalence of target diseases as well as supportive government funding, norms, and regulations are some of the major factors driving POCT market revenue growth.

The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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The report contains updated information about the ongoing COVID-19 pandemic and acts as an accurate analysis of the COVID-19 impact on the Point of Care Testing market. The report draws attention to the COVID-19 impact on the market and its crucial segments. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains. The report further provides a future impact assessment of the Point of Care Testing market concerning COVID-19.

The report also discusses the key players involved in the market such as Abbott Laboratories, Chembio Diagnostics, Siemens, Roche Diagnostics, Danaher Corporation, Johnson & Johnson, Qiagen, Becton, Dickinson and Company, Nova Biomedical, and Quidel Corporation

Additional information offered by the report:

Along with a complete overview of the global Point of Care Testing Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Point of Care Testing Market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.

Major Geographies Analyzed in the Report:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Point of Care Testing market expected to boost the growth of the industry in the coming years.

Point of Care Testing Market Segmentation:

Product Outlook (Volume: Kilo Tons) (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 (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Clinical Laboratories
- Home care Settings
- Hospitals
- Others

Mode of Purchase Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Over-the-counter (OTC) Products
- Prescription Based Products

To know more about the report @ https://www.emergenresearch.com/industry-report/point-of-care-testing-market

ToC of the report:

Chapter 1: Point of Care Testing Market overview and scope

Chapter 2: Point of Care Testing Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Point of Care Testing Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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