MediPoint: Point of Care Diagnostics Market Will Rise to Almost $3 Billion by 2021
Summary
Point-of-care testing (POCT), as known as bedside/near-patient testing is one of the most rapidly growing areas in IVD. Systems that are categorized as POC include the following -
- Disposable systems or devices, which vary from reagent test strips for a single analyte to multi-analyte reagent strips
- Small analyzers, usually hand-held devices
- Desktop analyzers are larger and include systems designed for use in clinics or small laboratories.
POCT may be performed in a variety of locations such as in secondary care including emergency departments, ambulance service, hospital wards, and intensive treatment units; and increasingly in the community and primary care including general practice (GP), health and community centers.
- $2 billion in annual global sales and growth rate of 5.3% during the forecast period; the emerging markets: China, India and Brazil, are expected to show the fastest growth.
- A number of factors, such as the increasing prevalence of infectious diseases in developing countries, the rising incidences of lifestyle diseases such as cardiac diseases and diabetes, the rising usage of home-based POC devices, expansion of test menu, and advancements in molecular testing and lab-on-chip technology are stimulating the demand for POC testing.
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Highlights
Key Questions Answered
- What is the current and future POC diagnostics market outlook in the developed and emerging markets? What trends are affecting the global market?
- What is the competitive landscape and market share of major players in the POC space across different regions?
- What are the key, high growth markets that IVD manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the POC tests currently on the market? How will emerging technologies such as molecular POC assays fulfil these unmet needs?
- What are the key factors influencing a physician to use POC tests? What is physician perception and market outlook of POC devices?
- What are the challenges and barriers that have hindered widespread adoption of POC devices?
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Table of Contents
1 Table of Contents 8
1.1 List of Tables 12
1.2 List of Figures 16
2 Introduction 18
2.1 Catalyst 18
2.2 Related Reports 18
3 Industry Overview 19
3.1 POC Diagnostics Overview 19
3.2 Test Trends 21
3.2.1 Cardiac Markers POC Testing 21
3.2.2 Female Fertility and Pregnancy POC Testing 24
3.3 Mergers, Acquisitions, and Key Partnerships 29
4 Unmet Needs 33
4.1 Detection of Multiple Analytes 33
4.2 Sensitivity of Lateral Flow Technology 33
4.3 Analytical Quality 35
4.4 Markers for Myocardial Ischemia 35
4.5 Data Management 36
4.6 POC Diagnostics to Reduce Usage of Antibiotics 37
4.7 Cost-Effectiveness and Reimbursement 38
4.8 Gap between Physicians and Manufacturers 39
5 Market Drivers and Barriers 40
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