Data Bridge Market Research analyses that the point-of-care testing (POCT) market which was USD 29 billion in 2021, would rocket up to USD 64.46 billion by 2029, and is expected to undergo a CAGR of 10.5% during the forecast period 2022 to 2029 Point-of-care testing, which is defined as testing that may be done in close proximity to the patient and allows a medical choice to be taken right away based on the results and monitoring. Point-of-care testing (POCT), also known as with-patient testing, allows doctors to assess accurate real-time, lab-quality diagnostic results in minutes rather than hours. It guarantees that patients get the most effective and efficient care possible, whenever and wherever they need it.
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Market Analysis and Insights
POC tests are not as highly preferred as central laboratory tests because of low volume and high cost. This puts additional strain on the billing system, which must give distinct codes for POC tests. This might result in billing errors by inexperienced or newly hired employees, as well as failure to enter data into the data management system due to mismatched test codes. drivers, market restraints, opportunities and challenges underneath market overview which provides valuable insights to businesses for taking right moves. This market report is a source of information about HEALTHCARE industry which puts forth current and upcoming technical and financial details of the industry to 2028. The market research report is a window to the HEALTHCARE industry which defines properly what market definition, classifications, applications, engagements and market trends are. Moreover, market restraints, brand positioning, and customer behaviour, is also studied in ASIA-PACIFIC POINT-OF-CARE TESTING (POCT) marketing report with which achieving a success in the competitive marketplace is simplified.
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Asia-Pacific Point-of-Care Testing (POCT) Market Scope
ASIA-PACIFIC POINT-OF-CARE TESTING (POCT) report provides noteworthy data, current market trends, future events, market environment, technological innovation, approaching technologies and the technical progress in the relevant industry. The point-of-care testing (POCT) market is segmented on the basis of product, technology, prescription, application, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Asia-Pacific Point-of-Care Testing (POCT) Market Country Level Analysis
Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The countries covered in the point-of-care testing (POCT) market report are
- China, Japan, India,
- South Korea, Singapore, Malaysia,
- Australia, Thailand, Indonesia,
- Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
- emergency department,
- intensive care,
- chronic disease prevention and control,
- public health emergencies,
- county-level medical institution construction, and new rural supportive medical care.
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Major TOC of the Asia-Pacific Point-of-Care Testing (POCT) Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Asia-Pacific Point-of-Care Testing (POCT) Market Share Analysis
The first class ASIA-PACIFIC POINT-OF-CARE TESTING (POCT) market report contains a key data about the market, emerging trends, product usage, motivating factors for customers and competitors. The point-of-care testing (POCT) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to point-of-care testing (POCT) market.
Some of the major players operating in the point-of-care testing (POCT) market are:
- Hoffmann-La Roche Ltd (Switzerland)
- BD (U.S)
- Siemens Healthcare Private Limited (Germany)
- Trinity Biotech (Ireland)
- bioMérieux (France)
- Bio-Rad Laboratories, Inc. (U.S)
- Danaher (U.S)
- Sekisui Diagnostics (U.S)Abbott (U.S)
- EKF Diagnostics (Germany)
- AccuBioTech Co., Ltd.
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