Molecular Diagnostics Point of Care Market Trends, Leading Players, Production, Present Size And Consumption Figures With Forecast To 2027

Clinical Decision Support Systems (CDSS) Market

The Global Molecular Diagnostics Point of Care Market is projected to reach USD 4.84 billion in 2027. The main factors that are expected to strengthen high growth potential for POC MDx products are continuing research and development to miniaturize tests with molecular diagnostics that enable increased patient testing with higher precision and lower turnaround times. Increasing demand in non-laboratory environments like pharmacy clinics, doctors, and home care tests, which are, by definition, portable and safe, would likely lead to lower demand on the market over the forecast period. The demand is expected to increase in CLIA tests. A number of large international bodies, including governments of developing countries, actively support and finance continuous research and development.

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The COVID-19 impact:

The COVID-19 pandemic could threaten the development of the industry to some extent. Key players in the industry are wary of the sector’s prospects and are trying to find innovative ways to support themselves. The pandemic was heavily affected by the diagnostic sector, and most major manufacturers were forced to abandon production and other operations. There is a shortage of resources due to frequent lockdowns in various parts of the world. The COVID-19 affected trade, export, and imports from abroad and resulted in a significant decline in market demand.

Expected Growth: The global Molecular Diagnostics Point of Care Market size will grow at a compound annual growth rate over the period (2018-2027). The report is about what else researchers found from the detailed information, and also provides data regarding the current market condition. The report covers types and applications according to countries and key regions The companies most active in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Further key findings from the report suggest ;

  • POC MDx research is used in the majority of consumer incomes for infectious diseases due to the existence of several big business companies with a wide product selection.
  • Another factor accountable for the dominance of this section is the rising burden of infectious disease in developed and developing countries.
  • The biggest business segment to produce sales is PCR-based POC studies. The widespread use of PCR-based technology for PCR products for molecular diagnosis and marketing has created plenty of incentives for the growth of the segment.
  • North America was the largest region, contributing much of the world’s revenue due to the existence of the highly technical, medical system, government, and private investments in R&D to improve MDx POC tests.

.To view the detailed ToC of the global Molecular Diagnostics Point of Care Market report, visit  @ https://www.emergenresearch.com/industry-report/molecular-diagnostics-point-of-care-market

The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the Molecular Diagnostics Point of Care Market for the forecast period, 2019 – 2028.

Main players in the market include Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, among others.

Segmented the global Molecular Diagnostics Point of Care Market :

Emergen Research has segmented into the global Molecular Diagnostics Point of Care Market on the basis of Test Location, Technology, Application, End-Use, and region:

  • Molecular Diagnostics Point of Care Market Test Location Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
  • Over-the-Counter (OTC)
  • PoC
  • Molecular Diagnostics Point of Care Market Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • PCR-based
    • Genetic Sequencing-based
    • Hybridization-based
    • Microarray-based
  • Molecular Diagnostics Point of Care Market Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • Infectious Diseases
    • Oncology
    • Hematology
    • Prenatal Testing
    • Endocrinology
    • Others

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Molecular Diagnostics Point of Care Market Regional Overview:

The global Molecular Diagnostics Point of Care Market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Molecular Diagnostics Point of Care Market  in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Key point summary of the report:

The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.

It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.

The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.

It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.

Table of Content

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Molecular Diagnostics Point of Care Market Segmentation & Impact Analysis

Chapter 5. Molecular Diagnostics Point of Care Market By Test Location Insights & Trends

Chapter 6. Molecular Diagnostics Point of Care Market By Technology Insights & Trends

Chapter 7. Molecular Diagnostics Point of Care Market By Application Insights & Trends

Chapter 8. Molecular Diagnostics Point of Care Market By End-Use Insights & Trends

Chapter 9. Molecular Diagnostics Point of Care Market Regional Outlook

Chapter 10. Competitive Landscape

Chapter 11. Company Profiles

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