Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, North America point of care diagnostics market is anticipated to reach USD 8.95 billion by 2024, Incorporation of advanced information technology solutions coupled with the launch of innovative POC products with automation and ease of use is projected to influence market progression during the forecast period.
The North America point of care diagnostics market is anticipated to reach USD 8.95 billion by 2024, according to a new report by Grand View Research, Inc. Incorporation of advanced information technology solutions coupled with the launch of innovative POC products with automation and ease of use is projected to influence market progression during the forecast period.
Moreover, the rising adoption rate of the POC devices in order to obtain quick results for immediate decision making for patient management is expected to provide the market with lucrative growth avenues. Additionally, the regulatory initiatives introduced for patient care management and rising prevalence of various diseases is attributive to boost demand for these products in the coming years.
The presence of a favorable funding environment in the region is attributive to drive R&D in academic organizations and universities thereby resulting to industrial progress through to 2024.
Full research report on North America PoC Diagnostics Market Analysis:http://www.grandviewresearch.com/industry-analysis/north-america-point-of-care-poc-diagnostics-market
Further key findings from the report suggest:
Glucose testing accounted for the largest share of over 41% of the market in 2015 with respect to revenue generation. Factors attributive for the estimated large share includes presence of comprehensive product portfolio provided by the local as well as international market participants. Moreover, rise in the prevalence of diabetes in chronic patients and need for monitoring glucose levels is also supportive for revenue generation of this segment.
Infectious diseases point-of-care tests are expected to witness the fastest growth in the coming years owing to the R&D carried out in this segment for an introduction of novel tests. Infectious disease testing segments include kits for various diseases such as HIV, HBV, respiratory syncytial virus (RSV), pneumonia or streptococcus associated infections, HPV, influenza/flu, HCV, MRSA, Clostridium difficile, TB &drug-resistant TB, and HSV.
Cardiac markers are also anticipated to register substantial growth as a result of an increase in incidence rate of cholesterol associated disorders and rise in the number of cases of congestive heart failure.
Clinics dominated the POC diagnostic market in 2015 due to higher usage of these tests in clinics. However, home settings for POC diagnostics are anticipated to witness the fastest growth owing to rising usage of home health care settings for disease monitoring in the geriatric population.
Assisted living healthcare facilities are also anticipated to witness considerable growth during the forecast period due to the property of rapid diagnostic products to enable simple usage at primary care level and in remote settings even with no laboratory infrastructure
Prominent players of this industry include Qiagen N.V., Spectral Diagnostics, Abbott Laboratories, Siemens Healthcare, Instrumentation Laboratory, Danaher Corporation, BioMerieux, Johnson & Johnson, Abaxis Inc., Roche Diagnostics, Alere Inc., Nova Biomedical, Nipro Diagnostics, and Trinity Biotech.
Strategies adopted by the market players include mergers and acquisitions with the smaller entities operating in market for enhancement of the product portfolio. The participants are involved introduction of new solutions, and collaborations with heath care institutions in order to maintain their global presence.
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/clinical-diagnostics
Grand View Research has segmented North America point of care diagnostics market on the basis of product, end-use, and region:
North America Point of Care Diagnostics Outlook, by Product (Revenue, USD Million, 2013 – 2024)
Glucose Testing
Hb1Ac Testing
Coagulation
Fertility
Cardiac markers
Infectious diseases
HIV POC
Clostridium difficile POC
HBV POC
Pneumonia or Streptococcus associated infections
Respiratory syncytial virus (RSV) POC
HPV POC
Influenza/Flu POC
HCV POC
MRSA POC
TB and drug-resistant TB POC
HSV POC
Other Infectious Diseases
Primary care systems
Hematology
Decentralized Clinical Chemistry
Feces
Blood Gas/Electrolytes
Ambulatory Chemistry
Urinalysis
Drug Abuse Testing
North America Point of Care Diagnostics Outlook, by End-use (Revenue, USD Million, 2013 – 2024)
Clinics
Hospitals
Assisted Living Healthcare Facilities
Laboratory
Others
North America Point of Care Diagnostics Regional Outlook (Revenue, USD Million, 2013 – 2024)
North America
U.S.
Canada
Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/north-america-point-of-care-poc-diagnostics-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Web: www.grandviewresearch.com
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