Uploaded on Dec 18, 2021
Increasing occurrence of infectious and respiratory diseases, surging geriatric population across the globe, rising demand of home health care facilities along with advanced products, increasing expenditure from government and private institutions, growing focus on decentralised diagnosis are some of the factors that will enhance the growth of the point of care molecular diagnostics market in the forecast period of 2020-2027
Point of Care Molecular Diagnostics Market Growth with Demand and Revolutionary Trends by 2027
Point of Care Molecular Diagnostics Market Growth
with Demand and Revolutionary Trends by 2027
Point of Care Molecular Diagnostics Market, By Product & Services (Assays & Kits,
Instruments/Analyzers, Software & Services), Technology (PCR-Based, Genetic
Sequencing-Based, Hybridization-Based, Microarray-Based, INAAT, Others), Test
Location (OTC, POC), Application (Respiratory Diseases, Sexually Transmitted Diseases,
Hospital-Acquired Infections, Oncology, Hepatitis, Hematology, Prenatal Testing,
Endocrinology, Others), End User (Physician Offices, Hospital Emergency Departments &
Intensive Care Units, Research Institutes, Home-Care, Decentralized Labs, Assisted
Living Healthcare Facilities, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K.,
France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan,
China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia,
Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa,
Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and
Forecast to 2027
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Market Analysis and Insights
Increasing occurrence of infectious and respiratory diseases, surging geriatric population
across the globe, rising demand of home health care facilities along with advanced
products, increasing expenditure from government and private institutions, growing
focus on decentralised diagnosis are some of the factors that will enhance the growth of
the point of care molecular diagnostics market in the forecast period of 2020-2027. On
the other hand, few factors that will create opportunities for the growth of the market
are increasing growth of POC molecular diagnosis in emerging countries such as India,
China and Brazil along with rising research and development activities in molecular
diagnosis.
Lack of reimbursement policies and stringent rules and regulations along with increasing
procedure costs are act as market restraints for point of care molecular diagnostics
market in the above mentioned forecast period.
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Major Key Players
Some of the major players operating in this market are :
• Abbott
• Danaher.
• bioMérieux SA,
• F. Hoffmann-La Roche Ltd
• Quidel Corporation
• Meridian Bioscience, Inc.
• Mesa Biotech, Inc
• GenePOC Inc.
• Spartan Bioscience Inc.
• Biocartis
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Market Segmentation
• By Product & Services (Assays & Kits, Instruments/Analyzers, Software &
Services)
• By Technology (PCR-Based, Genetic Sequencing-Based, Hybridization-
Based, Microarray-Based, INAAT, Others)
• By End User (Physician Offices, Hospital Emergency Departments &
Intensive Care Units, Research Institutes, Home-Care, Decentralized Labs,
Assisted Living Healthcare Facilities, Others)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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