Global Point of Care Molecular Diagnostics Market is Growing at a Significant Rate in the Forecast Period 2019-2026

According to Data Bridge Market Research new Market report, global point of care molecular diagnostics market accounted to USD 722.4million in 2018 growing at a CAGR of 15.1% during the forecast period of 2019 to 2026.

Global Point of Care Molecular Diagnostics Market

Point of care molecular diagnostic tests are used in the diagnosis of diseases and their control, management and surveillance. Point of care molecular diagnostic tests can improve the efficiency, accessibility in terms of diagnosis and also improves the healthcare infrastructure.  Point of care molecular diagnostic tests are used in the diagnosis of various infectious diseases in day to day life which provide fast, accurate and rapid diagnostic result and the treatment to the patients.

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Segmentation: Global Point of Care Molecular Diagnostics Market

Global point of care molecular diagnostics market is segmented on the basis of product, application, technology, end user and geography.

By Product (Assays & Kits, Instruments/Analyzers, Services & Software), Application (Respiratory Diseases, Sexually Transmitted Diseases, Hospital-acquired Infection, Oncology, Hepatitis, Others), Technology (Polymerase Chain Reaction, In-Situ Hybridization, Chips and Microarrays, Mass Spectrometry, Sequencing, Isothermal Amplification, Others), End-User (Physician Offices, Hospitals, Research Institutes, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

FACTORS DRIVING GROWTH IN POINT OF CARE MOLECULAR DIAGNOSTICS MARKET

Increasing worldwide prevalence of infectious diseases:

According to Centers for Disease Control and Prevention in 2016 in U.S., number of infectious diseases increasing according to the data; number of new cases diagnosed for acute hepatitis A viral infection were 2,007, for mumps 6,369, for tuberculosis, 9,272, for syphilis 88,042, for chlamydia 1,598,354 and for gonorrhea 1,598,354.

Global Point of Care Molecular Diagnostics Market

Key Market Competitors:

Few of the major competitors currently working in the point of care molecular diagnostics market are Agilent Technologies Inc., Abbott, F. Hoffmann-La Roche Ltd., Illumina Inc., Hologic Inc., QIAGEN, Myriad Genetics, Cepheid, Genomic Health, GenePOC Inc., DxNA LLC., Binx Health Inc., Spartan Bioscience Inc., Biocartis, Beckman Coulter Inc., Johnson & Johnson Services Inc., Medtronic, Siemens Healthcare GmbH, Grifols S.A., Abaxis, Bayer AG, bioMérieux SA, Bio-Rad Laboratories Inc., Danaher, OraSure Technologies Inc., BD, Sysmex Corporation, Quidel Corporation, and Meridian Bioscience Inc..

 

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