Market Highlights: Point-of-care testing (POCT) is also known as medical testing, which is to be done near the site of patient care with the help of specially trained healthcare professionals. These tests can be performed at the bedside and they typically involve urine and blood urine testing. The goal of POCT is the collection of specimen and obtain the accurate results in extremely short period of time at or near to the location of the patient. POCT is many times accomplished through use of the transportable, portable, and handheld instruments, such as blood glucose meter, INR meter. Bench analysers are also been available for electrolyte, blood gas, pH, metabolite and haemoglobin measurement. Urinalysis analysers are also available for accurate and rapid urine testing The market study is being classified by Type (Glucose Monitoring, Cardiac Markers, Infectious Diseases Testing, Cholesterol Testing, Coagulation Monitoring, Pregnancy And Fertility Testing, Hematology Testing, Blood Gas Testing and Others), by Application (Infectious Disease and Non-Infectious Disease) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Point of Care Testing are Abbott (United States), Roche (Switzerland), Siemens (Germany), Danaher (United States), Becton, Dickinson, and Company (United States), Johnson & Johnson (United States), Instrumentation Laboratory (United States), PTS Diagnostics (United States), Quidel (United States) and Chembio (United States).
Major Market Development Highlights BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, announced the safety and efficacy data from the LUTONIX® Drug-Coated Balloon (DCB) IDE, level 1 clinical trial for a below-the-knee (BTK) indication
Key Questions Answered in the Report What will the Point of Care Testing Market size and the growth rate be in Future? What are the key factors driving the Point of Care Testing Market? What are the key market trends and macro-economic impacting the growth of the Point of Care Testing Market? What are the challenges to market growth? Who are the key vendors in the Point of Care Testing Market? What are the market opportunities and threats faced by the vendors in the Point of Care Testing Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Point of Care Testing Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Point of Care Testing market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Point of Care Testing market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Point-of-care diagnostics manufacturing companies, Point-of-care diagnostics distribution companies, Clinical laboratories, Hospitals, clinics, and special areas (such as sports and military), Research institutes and clinical research organizations (CROs) and Market research and consulting firms. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.