Molecular Diagnostics Point of Care Market Top Trends, Global Analysis, Forecast and Opportunities

Molecular Diagnostics Point of Care Market Size – USD 2.04 Billion in 2019, Molecular Diagnostics Point of Care Market Growth - CAGR of 10.6%, Molecular Diagnostics Point of Care Market Trends – High demand for point-of-care diagnostics

Emergen Research's latest market research report, titled Global Molecular Diagnostics Point of Care Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.

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 global Molecular Diagnostics Point of Care market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Molecular Diagnostics Point of Care industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, among others

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Report Highlights:

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Molecular Diagnostics Point of Care market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Molecular Diagnostics Point of Care market and pinpoint the fundamental growth trends.  

Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, among others

Segments Covered in this report are:

  • Test Location Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

    • Over-the-Counter (OTC)
    • PoC
  • Technology Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

    • PCR-based
    • Genetic Sequencing-based
    • Hybridization-based
    • Microarray-based
  • Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

    • Infectious Diseases
    • Oncology
    • Hematology
    • Prenatal Testing
    • Endocrinology
    • Others

Research Report on the Molecular Diagnostics Point of Care Market Addresses the Following Key Questions:

  • Who are the dominant players of the Molecular Diagnostics Point of Care market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Molecular Diagnostics Point of Care market?
  • What are the key growth drivers and restraining factors of the Molecular Diagnostics Point of Care market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Molecular Diagnostics Point of Care market and its key segments?

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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

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