North America Point of
Care Testing Market Outlook Analysis:
Point of care testing market
is propelled to have huge growth opportunities in the coming years especially
in North America. Point of care testing is a medical diagnostic testing where
patient’s medical history was send to laboratories away from the specimen and
have to wait for the results during which the patient need care without the
information. These tests are simple to even perform at the bed side, but the
thing is some portable ultrasonography did not reach the stage to available for
the patients near bed.
With the advanced technology,
the time taken for the results is gradually reduced and enhanced the effectives
of treatment with more comfort and convenient to the patient. Blood glucose
meter and nerve conduction study device and more testing kits are accomplished
to transport easily and also handed easily to collect the specimen. Mobile
devices are playing effective role in enabling quick access for patient’s
results.
North America Point of care testing market predicted
to register a CAGR of 3 % to reach 8 Billion
USD during the forecast period
2024
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number of pages research report developed on North America Point of Care Testing Market
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North America Point of
Care Testing Market Growth Driving Factors
The growing incidence of
health disorders along with the rising population is a key driving factor for
the market to grow enormously in North America. In addition, the rise in
support from the government in funding and also changing policies in favor to
the poor people is accelerating the growth of the market.
However, cost for
installation and maintenance of some devices is bit expensive, which cannot be
established in rural areas is slightly restraining the growth of the market. Lack
of skilled persons in monitoring and handling the devices and diagnosing
according to the results analysis remained as a challenging factor in the regional
market.
The emergence of advanced
technology in introducing various innovative devices which is making the diagnosing
process easy for the doctors is surging the growth opportunities for the
market. The rise in the demand for public health care management services is
also leveraging the growth of this market.
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Geographic Analysis of North America Point of Care Testing Market:
Globally, the market is held
by North America. The increased adoption of advanced technology and
implementing number of innovative products in favor to the patient are boosting
up the demand of the market in this region. The increased dealing with the
health organizations and other universal based institutes for research and
development is also fueled to raise the growth of the market in North America. Acceptance
of point of care diagnostics by physicians and patients with more comfort is
also sustaining the demand of this market. Moreover, the rapidly increasing
geriatric population and their awareness towards the health disorders is
outshining the growth of the market in North America.
Some of the Prominent Players Covered in this North America Point of Care Testing Market
Report are: Spectral
Diagnostics, Abbott Laboratories, Nova Biomedical, Abaci’s Inc., Siemens
Healthcare, Danaher Corporation, Instrumentation Laboratory, Trinity Biotech,
Qiagen N.V., BioMerieux, Johnson & Johnson, Roche Diagnostics, Alere Inc.,
and Nipro Diagnostics.
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