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Data Bridge Market Research analyses that the point-of-care testing (POCT) market which was USD 29 billion in 2021, would rocket up to USD 64.46 billion by 2029, and is expected to undergo a CAGR of 10.5% during the forecast period 2022 to 2029. Point-of-care testing is defined as testing that may be done in close proximity to the patient and allows a medical choice to be taken immediately based on the results and monitoring. Point-of-care testing (POCT), also known as with-patient testing, allows doctors to assess accurate real-time, lab-quality diagnostic results in minutes rather than hours. It guarantees that patients get the most effective and efficient care possible, whenever and wherever they need it.
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Market Analysis and Insights
Market Analysis and Insights
POC tests are not as highly preferred as central laboratory tests because of low volume and high cost. All the market information in POINT-OF-CARE TESTING (POCT) report is supplied in such a way that it properly gives explanation of various facts and figures to the business. POC tests are not as highly preferred as central laboratory tests because of low volume and high cost. This puts additional strain on the billing system, which must give distinct codes for POC tests. This might result in billing errors by inexperienced or newly hired employees and failure to enter data into the data management system due to mismatched test codes.
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Point-of-Care Testing (POCT) Market Scope
Point-of-Care Testing (POCT) Market Scope
Furthermore, global POINT-OF-CARE TESTING (POCT) marketing report assesses each segment of the global market in a very detailed pattern so that readers can be informed about future opportunities and high-growth areas of the industryThe point-of-care testing (POCT) market is segmented on the basis of product, technology, prescription, application, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Point-of-Care Testing (POCT) Market Country Level Analysis
Point-of-Care Testing (POCT) Market Country Level Analysis
Besides, it offers a complete study of crucial market dynamics, including growth drivers, restraints, challenges, trends, and opportunities. The point-of-care testing (POCT) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for point-of-care testing (POCT) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the point-of-care testing (POCT) market. The data is available for historic period 2010-2020.
The countries covered in the point-of-care testing (POCT) market report are
· U.S., Canada and Mexico in North America,
· Germany, France, U.K.,
· Netherlands, Switzerland, Belgium,
· Russia, Italy, Spain, Turkey,
· Rest of Europe in Europe,
· China, Japan, India,
· South Korea, Singapore, Malaysia,
· Australia, Thailand, Indonesia,
· Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
· Saudi Arabia, U.A.E, South Africa,
· Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
· Brazil, Argentina and Rest of South America as part of South America.
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Major TOC of the Point-of-Care Testing (POCT) Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Point-of-Care Testing (POCT) Market Share Analysis
Competitive Landscape and Point-of-Care Testing (POCT) Market Share Analysis
The winning report offers market shares at global level mainly for Europe, North America, Asia Pacific and South America. This market analysis report works for initiating and developing the strategies for sales, advertising, marketing, and promotion.The point-of-care testing (POCT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to point-of-care testing (POCT) market.
Some of the major players operating in the nuts Market are:
· AccuBioTech Co., Ltd. (China)
· Instrumentation Laboratory (U.S.)
· Beckman Coulter, Inc. (U.S.)
· PTS Diagnostics (U.S.)
· Nova Biomedical (U.S.)
· Bio-Rad Laboratories, Inc. (U.S.)
· Danaher (U.S.)
· Sekisui Diagnostics (U.S.)
· Trinity Biotech (Ireland)
· bioMérieux (France)
· EKF Diagnostics (Germany)
· Chembio Diagnostics, Inc. (U.S.)
· Quidel Corporation (U.S.)
· Sienco, Inc (U.S.)
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