Point of Care & Rapid Diagnostics Market is expected to witness incredible growth during forecast to 2022-2032 | Abbott Laboratories, Alere, Inc, Becton, Dickinson and Company

Global Point of Care & Rapid Diagnostics Market from Global Insight Services is the single authoritative source of intelligence onPoint of Care & Rapid Diagnostics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, rest Blockchain Market raints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Point of care (POC) or rapid diagnostics is the use of diagnostic tests at or near the site of patient care. Rapid diagnostics refers to a particular type of point of care testing that uses molecular techniques for the detection of pathogens. POC testing can be used to guide patient care, including decisions about treatment, discharge and referral. POC tests are usually simpler and faster than laboratory-based tests, and can be performed by non-laboratory personnel.

Key Trends

There are several key trends in point-of-care and rapid diagnostics technology.

There is a trend toward more portable and easy-to-use devices. This is in part due to the fact that more and more healthcare providers are working in settings outside of the traditional hospital or clinic. Patients are also increasingly demanding more convenient and accessible care.

There is a trend toward more sensitive and specific tests. This is driven in part by the need to make more accurate diagnoses, but also by the desire to catch diseases earlier, when they are more treatable.

There is a trend toward cheaper and more rapid tests. This is driven by the need to reduce healthcare costs and the desire to get results more quickly.

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Key Drivers

The key drivers of the Point of Care & Rapid Diagnostics Market are the increasing prevalence of chronic diseases, the growing demand for early disease detection, and the rising awareness of the benefits of point-of-care testing.

Market Segments

The Point of Care & Rapid Diagnostics Market has been segmented into Product, End-User, and Region. Based on the Product, the Point of Care & Rapid Diagnostics Market is segmented into Glucose Monitoring Kits, Infectious Diseases Testing Kits, Pregnancy and Fertility Testing Kits, Cardiometabolic Monitoring Kits, Urinalysis Testing Kits, Cholesterol Test Strips, and Others. Based on End-User, the market is segmented into Professional Diagnostic Centers, Research Laboratories, Home Care, and Others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and the Rest of the World.

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Key Players

Some major key players of Point of Care & Rapid Diagnostics Market Abbott Laboratories (US), Alere, Inc. (US), Becton, Dickinson and Company (US), Cepheid  (US), Johnson & Johnson  (US), Roche Diagnostics (Switzerland), Thermo Fisher Scientific (US), Hologic, Inc. (US), Quidel Corporation  (US), and bioMrieux SA  (France).

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