Global Point-of-Care Testing (POCT) Market – Trends and Forecast To 2024

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Global Point-Of-Care Testing Market
North America Drug Delivery Market accounted
value of 8.4 till 2024
Global Point-of-Care Testing (POCT) Market, By
Product (Blood Glucose Testing Kits,
Cardiometabolic Monitoring Kits, Infectious
Disease Testing Kits, Cholesterol Testing Kits,
Pregnancy Fertility Tests Kits, Tumor/Cancer
Markers, Urinalysis Testing Kits, Cholesterol
Test Strips, Hematology Testing Kits, Drugs Of
Abuse Testing Kits, Fecal Occult Testing Kits,
Rapid Coagulation Testing Kits), Prescription
Mode (Prescription OTC), Distribution Channel,
End User, Geography- Trends and Forecast to 2024
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Report Description
Global Point-of-Care Testing Market is expected
to reach USD 35.3 billion by 2024 from USD 18.6
billion in 2016, growing at a CAGR of 8.4 in the
forecast period 2017 to 2024. The new market
report contains data for historic years 2015, the
base year of calculation is 2016 and the forecast
period is 2017 to 2024.
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Key Drivers

• High cost, stringent regulatory framework,
  product recalls and reluctance from the industry
  towards changing the existing norms are some of
  the factors which may hinder the growth of the
  market.
•  As increased awareness among the population
  driving the growth for the point-of-care testing
  market.
• POCT has become significant part of patient care
  at various health care facilities.
• Ease of use and rapid test will drive the market
  in future.

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Market Segmentation

• The global point-of-care testing market is
  segmented on the basis of product into
  prescription mode, distribution channel, end
  user, and geography.
• On the basis of product, the market is segmented
  into 13 major segments, which includes blood
  glucose testing kits, cardio metabolic monitoring
  kits, infectious disease testing kits,
  cholesterol testing kits, pregnancy and fertility
  tests kits, tumor/cancer markers, urinalysis
  testing kits, cholesterol test strips, hematology
  testing kits, drugs of abuse testing kits, fecal
  occult testing kits, rapid coagulation testing
  kits, and others.
• In 2017, blood glucose testing kits segment is
  expected to dominate the market with a share of
  around 27.0 and is expected to continue this
  trend till 2024.

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Competitive Landscape
Global Point of Care Testing (POCT) report
contains an in-depth profiling of the key market
players, along with the recent developments and
strategies adopted by them to sustain and
strengthen their positions in the
market. Hoffmann-La Roche Ltd is going to
dominate the Point-Of-Care Testing market
following with Siemens AG and Abbott
Laboratories, Inc., along with others such as
Beckman Coulter, Instrumentation Laboratory, PTS
Diagnostics, Abaxis, Inc., Medtronic, Accriva
Diagnostics, OPTI Medical, Sienco, Inc., Alfa
Scientific Designs, Inc., Bio-Rad Laboratories,
Inc., Medica Corporation, and Nova Biomedica.
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