The global market for point-of-care (POC) diagnostics to have been almost $15.1 billion in 2012. The market should reach $15.5 billion in 2013 and $19.3 billion in 2018, a compound annual growth rate (CAGR) of 4.5% over the next five years.
This report provides:
-An overview of the global market for point of care diagnostics.
-Analyses of global market trends, with data from 2012 and 2013, and estimates and projections of CAGRs through 2018.
-Discussion of factors driving the market including staff shortages, older populations, long-term cost savings, and need for faster diagnosis and care.
-A look at how availability of POC testing has revolutionized the continuum of the patient-care process.
STUDY GOALS AND OBJECTIVES
The goal of this study on the point-of-care (POC) industry is to describe and review business opportunities in the thriving near-patient testing market. This report provides a complete review and analysis of the current POC markets, and forecasts the market through 2018 in constant U.S. dollars. In addition, it provides an examination and description of select products, current and emerging technologies, and company profiles.
The study also covers issues regarding regulation of POC testing, international developments and patents for POC testing technologies.
REASONS FOR DOING THE STUDY
Over the last few decades, there has been a strong trend toward POC testing due to an increasing demand for near-patient testing that provides rapid results. More tests are being performed at the hospital patient’s bedside, in physicians’ office laboratories, outpatient clinics, emergency rooms and intensive-care units. Critical-care instruments combining selected important chemistry, hematology and hemostasis parameters have entered the market for POC testing in emergency and operating rooms.
The wider availability of POC testing has revolutionized the continuum of the patient-care process by providing laboratory results rapidly and efficiently at these locations. The trend toward greater POC testing is driven by the faster diagnostic benefits it provides.
SCOPE OF REPORT
This study will describe the market for POC diagnostics at the global level. It focuses on the accelerating growth in this important diagnostic market segment and the key industry players. Specifically, the report:
-Describes the POC industry.
-Estimates the current and future market size.
-Provides breakdowns for U.S. markets.
-Describes product segments and the continuous updating of POC products.
-Analyzes market influences in the industry and predicts the changes that will shape the future POC market.
-Discusses trends within the market and provides a future outlook.
-Reviews business activities of market leaders.
-Lists patents for POC technologies.
For the purpose of this study, POC testing includes those tests that are used outside the traditional laboratory. This can be a range of users, including patients, physicians, outpatient clinics, community health centers and pharmacies. Tests included in this report are those that do not require any specialized training to perform, are performed easily and with results that are produced in a minimal time frame. Some other terms often used to describe POC include:
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