Global Point of Care Molecular Diagnostics Market is the matchless market research report that conducts industry analysis on products, markets, companies, industries and many countries internationally. Market information related to specific stock, currency, commodity and geographic region or country has also been analysed in this report. The report deals with abundant parameters in detail to suit the requirements of business or clients. These parameters range from latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, and strategic analysis to insights and innovation. All of these are analyzed and evaluated by a team of innovative, enthusiastic, and motivated researchers and forecasters so that nothing lefts uncovered in the wide ranging Point of Care Molecular Diagnostics report.
In addition, Point of Care Molecular Diagnostics market document analyzes the market status, market share, current trends, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. Businesses can attain detailed insights with this report which help them self-assuredly make decisions about their production and marketing strategies. To provide clients with the best in the industry, a team of experts, skilled analysts, dynamic forecasters and knowledgeable researchers work meticulously while preparing this industry report. The significant Point of Care Molecular Diagnostics marketing report has been prepared specifically by keeping in mind business needs of all sizes.
Data Bridge Market Research analyses that the point of care molecular diagnostics market is expected to undergo a CAGR of 13.40% during the forecast period. This indicates that the market value, which was USD 3,046.35 million in 2021, would rocket up to USD 8,330.753 million by 2029.
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Market Overview
Point of care molecular diagnostics are the diagnostic tests that are conducted to diagnose and detect infectious diseases in patients these are fast, reliable and offer a greater degree of reach. Owing to their faster results, the point of care molecular diagnostics help to suggest the correct treatment options available for the patients.
Some of the major players operating in the point of care molecular diagnostics market are:
- Abbott (US)
- Siemens Healthineers AG (Germany)
- Quidel Corporation (US)
- F. Hoffman-La Roche Ltd. (Switzerland)
- Danaher. (US)
- BD (US)
- Chembio Diagnostics (US)
- EKF Diagnostics (UK)
- Trinity Biotech plc (Ireland)
- Instrumentation Laboratory (US)
- Nova Biomedical (US)
- PTS Diagnostics (US)
- Sekisui Diagnostics (US)
- Thermo Fisher Scientific (US)
- bioMérieux S.A. (France)
- DiaSorin S.p.A (Italy)
- AccuBioTech Co., Ltd. (China)
- Meridian Bioscience (US)
- Biocartis Bioscience (Europe)
- GeneSTAT Molecular Diagnostics, LLC (US)
- Terumo Corporation (Japan)
- Grifols, S.A (Spain)
COVID-19 Impact on Point of Care Molecular Diagnostics Market
COVID-19 has stimulated the market growth rate in the upward direction. Increasing number of patients and booming hospitalization rate owing to the spread of virus is one of the biggest factors responsible for pushing up the market growth rate. Growing focus of the healthcare institutions to provide the best of facilities to the patients ensured a good run of the market in this pandemic. Further, rising global demand for diagnostic kits to rapidly detect the disease in this period created lucrative market growth opportunities. Moreover, increasing prevalence of other respiratory illnesses across the globe and improved access to point-of-care devices through online platforms further pushed the growth rate of the market.
Recent Developments
- In February 2022, Sense Biodetection entered into a strategic agreement with Una Health (Una) for the United Kingdom distribution of the Veros Covid-19 test.
- In December 2021, FIND invested USD 21 million in Biomeme, Bioneer, Qlife, and SD Biosensor to accelerate the development, manufacturing, and launch of affordable point-of-care molecular diagnostic platforms that can detect multiple pathogens that cause diseases including COVID-19.
Point of Care Molecular Diagnostics Market Regional Analysis/Insights
The point of care molecular diagnostics market is analysed and market size insights and trends are provided by country, product and services, technology, test location, application and end user as referenced above.
The countries covered in the point of care molecular diagnostics 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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Highlights of TOC
Chapter 1: Market overview
Chapter 3: Regional analysis of the Global Point of Care Molecular Diagnostics industry
Chapter 4: Global Point of Care Molecular Diagnostics segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-point-of-care-molecular-diagnostics-market
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