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(Medical-NewsWire.com, September 25, 2017 ) According to the report “Europe Point of Care Diagnostics Market,” published by Market Data Forecast, the market is projected to reach USD 8.39 billion by 2021, at a CAGR of 9.72% from 2016 to 2021.
The point of care (POC) diagnostics are the medical devices that obtain an immediate result in the diagnosis of various diseases such as cancer, tumours and others. These diagnostics are prevalent in consumers’ homes as well as hospital intensive care units. The point-of-care diagnostic industry is expected to change the medicines from curative to predictive medicine. A lot of capital is invested in this market annually across the globe.
Get a comprehensive overview of the Europe Point of Care Diagnostics Market: http://www.marketdataforecast.com/market-reports/europe-point-of-care-diagnostics-market-1561/
Europe Point of Care Diagnostics Market: Drivers & Restraints
Technological advances and recent availability of affordable and high quality medical treatments which help in achieving lab automation are estimated to drive the point-of-care diagnostics market. In addition to that, increasing levels awareness among the patients is also expected to help the growth owing to the fact that patients, especially those who suffer from chronic diseases like diabetes, are actively involved in implementation of point-of-care diagnostic practices. But, constraints like the effort and co-ordination needed among healthcare practitioners, researchers and manufacturers is a major restraining factor for the growth of point-of-care diagnostics market. Moreover, resistance from the industry for changing the current norms, strict regulations and uncertain reimbursements are some of the major constraints faced by the point-of-care diagnostics market.
Get accurate market forecast and analysis on the Europe Point of Care Diagnostics Market. Request a sample to stay up-to-date on the main trends affecting this market http://www.marketdataforecast.com/market-reports/europe-point-of-care-diagnostics-market-1561/request-sample
Europe Point of Care Diagnostics Market: Segmentation
By Product
• Infectious Diseases
• Cardiac Markers
• Oncology Markers
• OTC Diagnostic Tests
• Drugs of abuse
• Blood Gas Testing
• Fertility Testing
• Urinalysis
• Coagulation
• Haematology
• Glucose Monitoring
• Ambulatory Chemistry
• Decentralized Clinical Chemistry
• Others
By mode of delivery
• OTC
• Prescription
By End-users
• Clinics
• Hospitals
• Home healthcare
• Ambulatory care settings
• Laboratories
• Others
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/latin-america-point-of-care-diagnostics-market-1563/customize-report
Europe Point of Care Diagnostics Market: Overview
The Point-of-care diagnostics market in Europe serves as the intermediate ground between tests performed near a patient and advanced technological tests. These diagnostics provide instant results with an easy operation. The resultant reports provide scope for point-of-care diagnostics market's developments, like identifying infectious diseases as initial objectives. The introduction of healthcare information systems such as EHR (e-health records) has augmented the penetration rates of these tests which facilitates significant amount of automation of diagnosis.
The increasing usage of instant and simple to use point-of-care (POC) tests can help the doctor’s to diagnose patients’ diseases quickly and accurately. Thus, the market is predicted to grow at a lucrative pace in the coming years.
Europe Point of Care Diagnostics Market: Region-wise Outlook
Geographically, the Europe market is analysed under the regions UK, Spain, Italy, Germany and France. Europe is estimated to hold a significant share in the global market in the coming five years due to the high quality healthcare infrastructure, decent reimbursement scenario and increasing disposable income in this region. Additionally, the increasing awareness amongst the public base as well as the doctors in the field of fast disease diagnosis is proving to be a major growth factor in the Europe Point of Care Diagnostics market.
Key Questions Answered
• What is the current and future Europe Point of Care Diagnostics Market outlook in worldwide? What trends are affecting the market?
• What is the competitive landscape and market share of major players in the Europe Point of Care Diagnostics?
• What are the key, high growth markets that Europe Point of Care Diagnostics manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Europe Point of Care Diagnostics currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Europe Point of Care Diagnostics?
• What are the challenges and barriers that have hindered widespread adoption of Point of Care Diagnostics in Europe?
Europe Point of Care Diagnostics Market: Key Players
Some of the major companies operating in this market are Abbott Laboratories, Inc., Danaher Corporation, Roche Diagnostics Limited, BioMerieux, Siemens Healthcare, Beckman Coulter, Inc., Becton, Dickinson and Company, Johnson & Johnson , Alere Inc., and PTS Diagnostics.
Reasons to buy Europe Point of Care Diagnostics Market Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product, mode of delivery and end users with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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