Global Point-Of-Care Diagnostics Market

Feb 2020| VMR1650A| Verified Market Research

Report Highlights

Point-of-Care Diagnostics Market

According to Verified Market Research, Global Point-of-Care Diagnostics Market was valued at USD 24.26 Billion in 2018 and is projected to reach USD 51.6 Billion by 2026, growing at a CAGR of 9.9% from 2019 to 2026.
Global Point-of-Care Diagnostics Market Outlook

More patients are preferring for Point-Of-Care (POC) diagnosis. The market is anticipated to propel due to several advantages it has to offer such as convenience, reduced patients' waiting time, fewer or no follow-ups, accurate test results, immediate planning for treatment, and improved healthcare delivery. Hospital visits become difficult for the geriatric population and a rise in the geriatric population is helping the market to grow. With such type of diagnosis, the spread of infectious diseases is also brought under control. Growing support from various Governments across the world in rapid diagnosis has helped in market growth. However, lack of awareness and poor progress in developing countries are the biggest restraints in the market.

Global Point-of-Care Diagnostics Market Competitive Landscape

The Global Point-of-Care Diagnostics Market study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Danaher Corporation, Trinity Biotech, Abbott Laboratories, Roche Diagnostics, Accubiotech, EKF Diagnostics.

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