Europe Point of Care Testing Devices Market is Expected to Reach EUR 7.2 Billion by 2022 Owing to Promising Growth in Demand of Infectious, Cardiac and Drug of Abuse POCT Devices: Ken Research
GURUGRAM, India, July 17, 2018 /PRNewswire/ --
Key Takeaway from Ken Research Report titled, "Europe POCT Devices Market Outlook to 2022"
- Western European countries especially Germany, Italy and United Kingdom have led the market in Europe in terms of manufacturing & consumption of POCT devices. Application of POCT devices in diverse fields of defence, forensics and oncology has led the market in the region.
- Mergers and acquisitions (M&A) has been a crucial competitive strategy for players to capture higher market share, access new technology and to expand product offerings in Europe. Data management of POCT has emerged as an upcoming revenue stream for these companies.
- Blood Glucose POCT, Infectious POCT and Cardiac POCT would be the leading product segments in terms of sales by the end of the forecast period.
POCT market in Europe has been estimated to grow registering a CAGR of close to 6% in the forecast period. This growth would be supported by the launch of new products, entry of new players, innovative technological revolution and increase in reliability on POCT products by home patients & institutional buyers. Technology innovation in molecular diagnostics is a major driver within the infectious disease POCT for HAIs and STDs. HIV-1, HCV, c.difficle, Chlamydia, H. Pylori, Strep A/B, Influenza A/B, RSV, Ebola and Zika have widespread in Europe during the review period. Highly sensitive cardiac troponins that are the efficacy equivalent to centralized lab testing will increase the adoption of POC cardiac markers in POC settings. CK-MB, myoglobin, BNP, NT-proBNP and D-dimers are simultaneously being used in emergency settings. Inevitable pharamcoeconomic benefits in POC cardiac testing propels this segment to achieve its highest growth potential. Increase in reliability & trust in POCT devices by home users & hospitals, more incidence of diseases such as HIV, infectious, cardiac and others, increase in the number of hospitals, clinics, pathology labs in Europe, growth in nano technology and chip-on-phone miniaturization would provide major thrust to the market.
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Ken Research in its latest study "Europe POCT Devices Market Outlook to 2022 - by Geography (Western Europe & Eastern Europe), by Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1Ac POCT & Drugs of Abuse POCT), by Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units and Homecare & Patients)" suggests that the demand for POCT devices would continue to grow owing to rising health awareness, launch of various new POCT products and expanding sales through internet portals.
Keywords
- Point of Care Testing Devices Market
- Europe Point of Care Testing Devices Industry
- Europe Point of Care Testing Devices Growth
- Europe POCT Devices Market Size
- Global POCT Devices Value Chain
- Europe POCT Devices
- Global POCT Devices Market
- Infectious POCT Devices Market
- Germany Cardiac POCT Devices Market
- Italy Infectious POCT Devices Market
- Blood Glucose POCT Devices Market
- Rapid Coagulation POCT Devices Market
- Blood Gas and Electrolytes POCT Devices Market
- Hematology POCT Devices Market
- Cholesterol POCT Devices Industry
- Hb1Ac POCT Devices Industry
- Pregnancy POCT Devices Market
- Urinalysis POCT Devices Market
- Drugs of Abuse POCT Devices Market
- Fecal Occult POCT Devices Market
- Infectious POCT Devices Market
- Cardiac POCT Devices Market
- Infectious POCT Devices Sales
- Blood Glucose POCT Devices Sales
- Rapid Coagulation POCT Devices Sales
- Blood Gas and Electrolytes POCT Devices Sales
- Hematology POCT Devices Sales
- Cholesterol POCT Devices Sales
- Hb1Ac POCT Devices Sales
- Pregnancy POCT Devices Sales
- Urinalysis POCT Devices Sales
- Drugs of Abuse POCT Devices Sales
- Fecal Occult POCT Devices Sales
- Europe Point of Care Testing Devices Companies
- Europe Point of Care Testing Devices Segmentation
- Greece POCT Market
- France POCT Industry
- Russia POCT Market
- Hungary POCT Market
- Europe POCT Devices Future Market Size
Key Topics Covered:
- Blood Glucose POCT
- Infectious POCT
- Cardiac POCT
- Rapid Coagulation POCT
- Blood Gas & Electrolytes POCT
- Hematology POCT
- Pregnancy POCT
- Urinalysis POCT
- Cholesterol POCT
- Fecal Occult POCT
- Hb1Ac POCT & Drugs of Abuse POCT
Key Companies Covered:
- Alere
- Roche Holding AG
- Siemens Healthineers
- Becton Dickinson
- Sysmex Corporation
- EKF Diagnostics Holding
- PTS Diagnostics
- Werfen
- Danaher Corporation
- Trinity Biotech
- A Menarini Diagnostics
- FujiFilm
For more information on the research report, refer to below link:
https://www.kenresearch.com/healthcare/medical-devices/europe-poct-devices-market/149664-91.html
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