The Global Point of Care Devices market is to grow at a CAGR of 3.9 percent over the period 2011-2015. One of the key factors contributing to this market growth is the technological advancements. The Global Point of Care Devices market has also been witnessing the trend of increasing use of glucose meters. However, limited reimbursements could pose a challenge to the growth of this market.
Glucose meters are one of the major devices from which the Global Point of Care (POC) Devices market gains the maximum revenue. Although doctors and healthcare professionals prefer core laboratory tests, the market is witnessing a new trend where these meters are being used extensively in hospitals due to their higher accuracy rate. This is because of the significant increase in the number of diabetic patients around the world in the last five years.
With developing technology, POC devices have become scientifically more advanced and sophisticated. Many innovative features have been added to POC devices so that they can generate better and more precise results. In recent years, a variety of easy-to-use portable and static devices have been developed. Thus, innovative products are appearing in the Global POC Devices market. This motivates patients to opt for new tests which were not possible through POC devices a few years ago.
This report, the Global Point of Care Devices Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Point of Care Devices market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Roche Diagnostics Corp., Beckman Coulter Inc., Johnson and Johnson Ltd., and Bayer Healthcare AG.
Other vendors mentioned in the report: Siemens Healthcare Diagnostics Ltd., Medtronic Inc., Abbott Point of Care, Abaxis Inc., Becton Dickinson and Co., Alere Inc., Nipro Diagnostics Inc., Nova Biomedical, Trinity Biotech plc, Sekisui Diagnostics, Spectral Diagnostics, Pharmatech Inc., and Quidel Corp.
Key questions answered in this report
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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