The global POC molecular diagnostics market is projected to grow at a CAGR of 14.7%

Friday, May 25, 2018 General News
Email Print This Page Comment bookmark
Font : A-A+

NEW YORK, May 24, 2018 /PRNewswire/ -- The global POC molecular diagnostics market is projected to grow at a CAGR of 14.7%.The

global point of care (POC) molecular diagnostics market is expected to reach USD 1440.2 million by 2023 from USD 725.5 million in 2018, at a CAGR of 14.7%. Growth in the POC molecular diagnostics
market is driven by the increasing prevalence of infectious diseases, rising focus on decentralized diagnostics, and the growing demand for CLIA-waived molecular POC tests. However, inadequate reimbursement and stringent regulatory policies are likely to restrain the growth of this market during the forecast period.Read the full report: https://www.reportlinker.com/p05401906 The INAAT technology is expected to grow at highest CAGR during the forecast period.Based on technology, the POC molecular diagnostics market is segmented into RT-PCR, INAAT, and other technologies.The INAAT segment is expected to grow at highest CAGR during the forecasted period.The increasing popularity of INAAT for infectious diseases diagnosis is expected to drive this market in the coming years.Asia Pacific is projected to grow at the highest CAGR during the forecast period.While North America is expected to account for the largest share of the global POC molecular diagnostics market, Asia Pacific is projected to grow at the highest CAGR during the study period. The key factors influencing the growth of this market include growing initiatives by market players, rising demand for influenza A/B tests, decentralized healthcare delivery systems, and increasing patient population base in this region.Break-up profile of primaries:• By Company Type- Tier 40%, Tier 30%, and Tier 30%• By Designation-C-level-27%, D-level-18%, and Others-55%• By Region-North America-50%, Europe-20%, Asia Pacific-20%, and RoW-10%The key players in the global POC molecular diagnostics market are Roche Diagnostics (Switzerland), Abbott Laboratories (US), Danaher (US), Biomerieux (France), and Meridian Biosciences (US)Research Coverage:The POC molecular diagnostics market in this report is segmented by product & service, application, technology, end user, and region. The study tracks and analyzes competitive developments such as product launches & approvals, acquisition, collaborations, agreements, partnerships, and expansion, and profiles key players and their core competencies in the POC molecular diagnostics market.Reasons to buy this report:The report provides insights on the following pointers:Market Penetration: Comprehensive information on portfolios offered by the top players in the global POC molecular diagnostics market. The report analyzes the market by product & service, application type, technology, end user, and regionProduct Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product launches in the global POC molecular diagnostics marketMarket Development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for POC molecular diagnostic products across regionsMarket Diversification: Exhaustive information about new products, untapped geographies, and recent developments in the global POC molecular diagnostics marketCompetitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the key players in the global POC molecular diagnostics marketRead the full report: https://www.reportlinker.com/p05401906 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

Cision View original content:http://www.prnewswire.com/news-releases/the-global-poc-molecular-diagnostics-market-is-projected-to-grow-at-a-cagr-of-14-7-300654640.html

SOURCE Reportlinker



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store