Press release
Point Of Care Infectious Disease Testing Market is expected to Double Its Size by Upcoming Decade
Point Of Care Infectious Disease Testing Market
Point of Care Infectious Disease Testing Market is estimated to increase at a growth rate of 11.3% CAGR over the forecast period from 2024 to 2032.
Key Players in This Report Include:
Alere, Becton, Dickinson and Company, bioMérieux SA, Bio-Rad Labs Inc, Cardinal Health, Chembio Diagnostics Inc, F. Hoffmann-La Roche Ltd, Gene POC, OJ-Bio Ltd, Ortho-Clinical Diagnostics, Quest Diagnostics Inc, Siemens Healthineers, Sight Diagnostics Ltd, Thermo Fisher Scientific Inc, Trinity Biotech, Trivitron Healthcare, and Others.
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Point Of Care Infectious Disease Testing Market Overview in 2024
The Point Of Care Infectious Disease Testing market is witnessing rapid growth, driven by the increasing need for quick and accurate diagnosis of infectious diseases, especially in remote and resource-limited settings. Point of Care (POC) testing enables healthcare providers to perform diagnostic tests at or near the patient's location, providing immediate results and facilitating timely treatment decisions. The market is propelled by the rising prevalence of infectious diseases such as HIV, tuberculosis, hepatitis, and respiratory infections, along with the growing demand for decentralized healthcare solutions. Technological advancements, including the development of portable, user-friendly, and highly sensitive POC testing devices, are further fueling market expansion. The COVID-19 pandemic has also significantly accelerated the adoption of POC infectious disease testing, highlighting its critical role in public health. However, challenges such as regulatory hurdles, variability in test accuracy, and cost constraints in developing regions may impact market growth. Despite these challenges, the market is expected to expand, driven by ongoing innovation and the increasing focus on improving global healthcare access.
Market Segmentation and Scope:
By Disease (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 (Herpes Simplex Virus) POC, Others), By End-user (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, Others).
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The report covers the competitive analysis of the market. The report identifies the most promising growth opportunities across the 6 regions and 24 countries. This section exclusively shares insight into the growth strategies of the largest market share holders helping key players and new entrants understand the investment potential in the Global Point Of Care Infectious Disease Testing Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.
Regional Analysis:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Furthermore, the years considered for the study are as follows:
Historical year - 2018-2023
Base year - 2023
Forecast period - 2024 to 2032
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Major Highlights of TOC:
Chapter 1: Overview of the Global Point Of Care Infectious Disease Testing Market in 2024
1.1 Point Of Care Infectious Disease Testing Industry Analysis
1.2 Key Companies and Product Profiles
1.3 Point Of Care Infectious Disease Testing Market Segments
1.4 Industry Value Chain Analysis
1.5 Market Dynamics- Trends, Drivers, and Opportunities
1.6 Pricing Analysis
1.7 Porter's Five Forces Analysis
1.8 SWOT Profile
1.9 Macro-Economic and Demographic Impact Analysis
1.10 Scenario Analysis
Chapter 2: Global Point Of Care Infectious Disease Testing Demand Forecasts
2.1 Overview of the Segment
2.2 Global Historic Point Of Care Infectious Disease Testing Market Size (2018-2023) by Types, Applications, and Other Segments
2.3 Global Forecast Point Of Care Infectious Disease Testing Market Size (2024-2032) by Types, Applications, and Other Segments
Chapter 3: Segment-wise Point Of Care Infectious Disease Testing Market Forecasts
3.1 Key Market Segments
3.2 Premium Insights- Largest Types, Applications and Segments
3.3 Premium Insights- Most Lucrative Types, Applications, and Segments
Chapter 4: Point Of Care Infectious Disease Testing Market Outlook by Country
4.1 Point Of Care Infectious Disease Testing Market by Regions
4.2 Point Of Care Infectious Disease Testing Market Revenue Share by Region
4.3 North America (US, Canada, Mexico)
4.4 Europe (Germany, UK, France, Spain, Italy, Russia, Others)
4.5 Asia Pacific (China, Japan, India, South Korea, Australia, South East Asia, Others)
4.6 Latin America (Brazil, Argentina, Chile, Others)
4.7 Middle East and Africa (Saudi Arabia, UAE, Qatar, South Africa, Nigeria, Egypt, Others)
Player Analysis in Chapter Five
5.1 Players' Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Business Profiles, SWOT Analysis, Financial Details, Product Portfolio of Companies
..........continued
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