Press Release
Press Release
The global point-of-care (POC) market is growing fast with the introduction of advanced and innovative testing kits. Nanotechnology in POC has diverse applications and reduces the samples required for the test result. Some government regulations also have been relaxed for POC diagnostic kits. Simple laboratory tests for home use have also been approved that is expected to bolster the POC industry. The results for POC tests are obtained in little time. With the rising healthcare awareness, POC market is anticipated to have rapid growth in demand.
Glucose monitoring kits is one of the leading segments of POC by product. This is because of the large and expanding base of diabetic patients around the world. Diabetic patients require continuous monitoring for blood sugar. This process is made very convenient with time and cost savings through the glucose monitoring POC kit. The OTC segment of mode of purchase is also performing well because of the ease of use, convenience, and quick results.
The POC diagnostics have recently being started to be used for COVID-19 pandemic management. One of the key players in POC market is Abbot Point of Care Inc. (NYSE: ABT). On 16 December 2020, Abbott announced that the virtual guided at-home use of its rapid test for the detection of COVID-19 infection was granted Emergency Use Authorization (EUA) by the United States Food and Drugs Administration. It is claimed that there are low difficulties in operating testing kit and time taken for receiving result is only 20 minutes for the antigen test. This POC kit is also expected to be highly portable and inexpensive. This will drive the point-of-care diagnostic demand to greater heights in the forecast years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global point-of-care diagnostics market are Abbott Point of Care Inc., F. Hoffmann-La Roche Ltd, Chembio Diagnostics, Inc., Johnson & Johnson Services, Inc., Siemens AG, Becton, Dickinson and Company, and Danaher Corp, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.