Global Point of Care Diagnostics Market to Rise at 6.6% CAGR to Reach US$ 28,379.6 Mn by 2026, Increasing Disposable Incomes of People Worldwide…

September 02, 2020 11:20 ET | Source: Fortune Business Insights

Pune, Sept. 02, 2020 (GLOBE NEWSWIRE) -- According to the report, the Point of Care Diagnostics Market is anticipated to reach US$ 28,379.6 Mn by the end of 2026 from US$ 17,019.5 Mn in 2018. The forecast period is set from 2018 to 2026 and the market is expected to grow at a CAGR of 6.6%.

The increasing awareness about importance of proper infrastructure in healthcare settings is boosting the global market, predicts Fortune Business Insights in their new report. The report is titled, Point-of-care Diagnostics (POC) Market: Global Market Analysis, Insights, and Forecasts, 2018 2026.

Highlights of the Report:

Analysis of the impact of Covid-19 that the market would face in the near future. In-depth analysis of the growth drivers and obstacles. Profile of all the companies operating in the market. Elaborate data about the dominating region. Competitive landscape consisting of mergers & acquisitions, investments, partnerships, new product launches, opening of new facilities, and new contracts.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/point-of-care-diagnostics-market-101072

Increasing Need for Immunotherapy and Other Therapeutic Methods to Promote Growth

The rise in geriatric population and their vulnerability towards various are augmenting growth of the global point-of-care diagnostic market. This, coupled with the rising prevalence of infectious diseases, is boosting the market. The rise in disposable income of people worldwide has encouraged them to opt for better healthcare treatment and facilities. This is further prognosticated to fuel the demand for Point of Care Diagnostics Market in the coming years.

Furthermore, rising incidence of target diseases is propelling the demand for point-of-care diagnostic methods. Such factors are anticipated to help the market generate better revenue in the years to come.

However, factors such as high cost of installation and high maintenance costs may hamper the market in the long run. Nevertheless, with advancement in technology and new product launches, the market is anticipated to grow remarkably in the years to come.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/point-of-care-diagnostics-market-101072

Asia Pacific to Emerge as Fastest Growing Region Backed by Improving Healthcare Settings

Fortune Business Insights foresees the global market for point-of-care diagnostics to witness the dominance of North America owing to the increasing demand for technologically advanced point-of-care (POC) diagnostic products that provided accurate results. As per Fortune Business Insights, the North America market was valued at US$ 6,125.5 Mn in 2018. However, the rapidly increasing and improving healthcare infrastructure in emerging economies of Asia Pacific such as China and India may help the region to emerge as the fastest growing region in the forecast duration.

Some of the key players operating in the global Point of Care Diagnostics Market:

Quick Buy - Point of Care Diagnostics Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/101072

Point of Care Diagnostics Market Segmentations:

By Product

Blood Glucose Monitoring

Infectious Diseases

Cardiometabolic Diseases

Pregnancy and Fertility Testing Products

Hematology Testing Products

Others

By End User

Hospitals Bedside

Physicians Office Lab

Urgent Care & Retail Clinics

Home and Self Testing

By Geography

North America (the USA and Canada)

Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

Latin America (Brazil, Mexico and Rest of Latin America)

Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/point-of-care-diagnostics-market-101072

Have a Look at Related Reports:

Medical Devices Market Share and Global Trend By Type (Orthopedic Devices, Cardiovascular Devices, Diagnostic Imaging, IVD, MIS, Wound Management, Diabetes Care, Ophthalmic Devices, Dental & Nephrology), End User (Hospitals & Ambulatory Surgical Centers and Clinics) and Geography Forecast till 2025

Molecular Diagnostics Market Share and Global Trend By Product Type (Instruments Reagents & Consumables), Application (Infectious Disease, Blood Screening, Histology & Oncology), Technique (Hospitals Amplification, Hybridization & Sequencing Techniques), End User (Hospitals, Clinical & Pathology Labs) and Geography Forecast till 2025

Immunodiagnostics Market Share and Global Trend By Product Instruments, Reagents & Consumables), By Application (Oncology & Endocrinology, Hepatitis & Retrovirus, Cardiac Markers, Infectious Diseases), By End user (Clinical Laboratories, Hospitals, Physicians Offices), By End-user(Hospitals, Dental Clinics, Academic & Research Institutes) and Geography Forecast till 2026

In-vitro Diagnostics (IVD) Market Share & Industry Analysis, By Product Type (Instruments, Reagents & Consumables), By Technique (Immunodiagnostics, Clinical Chemistry, Molecular Diagnostics, Point of Care, Hematology and Others), By Application (Infectious Diseases, Cardiology, Oncology, Gastroenterology, Others), By End User (Clinical Laboratories, Hospitals, Physicians Offices, Others) and Regional Forecast, 2019 2026

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights Pvt. Ltd. 308, Supreme Headquarters, Survey No. 36, Baner, Pune-Bangalore Highway, Pune - 411045, Maharashtra, India.

Phone: US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: sales@fortunebusinessinsights.com Fortune Business Insights LinkedIn | Twitter | Blogs

Press Release: https://www.fortunebusinessinsights.com/press-release/point-of-care-diagnostics-market-9219

More:
Global Point of Care Diagnostics Market to Rise at 6.6% CAGR to Reach US$ 28,379.6 Mn by 2026, Increasing Disposable Incomes of People Worldwide...