Molecular Diagnostics Point of Care Market Growth, Forecast, Overview and Key Companies Analysis by 2028


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.

 

The latest report provides detailed insights into Molecular Diagnostics Point of Care market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Molecular Diagnostics Point of Care market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Molecular Diagnostics Point of Care market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Molecular Diagnostics Point of Care markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.

Top key vendors in Molecular Diagnostics Point of Care Market include are:

  • 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.

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

For the purpose of this report, 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:

  • 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
  • End-Use Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
    • Decentralized Labs
    • Hospitals
    • Homecare
    • Assisted Living Healthcare Facilities
    • Others

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Molecular Diagnostics Point of Care Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Molecular Diagnostics Point of Care industry

North America Molecular Diagnostics Point of Care market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Molecular Diagnostics Point of Care market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Molecular Diagnostics Point of Care market trends, and this is expected to continue to support market growth in North America.

Asia Pacific Molecular Diagnostics Point of Care market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Molecular Diagnostics Point of Care market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Molecular Diagnostics Point of Care market growth in Asia Pacific.

Europe Molecular Diagnostics Point of Care market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Molecular Diagnostics Point of Care market trends in countries in other major regions.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Molecular Diagnostics Point of Care industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Molecular Diagnostics Point of Care market across different regions?
  • Who are the major driving forces expected to decide the fate of the Molecular Diagnostics Point of Care industry worldwide?
  • Who are the prominent market players making a mark in the Molecular Diagnostics Point of Care market with their winning strategies?
  • Which Molecular Diagnostics Point of Care industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Molecular Diagnostics Point of Care market?

Table of Content

Chapter 1. Methodology & Sources

    1.1. Molecular Diagnostics Point of Care Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Molecular Diagnostics Point of Care Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

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

    4.1. Molecular Diagnostics Point of Care Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Molecular Diagnostics Point of Care Market indicators analysis

          4.2.2. Molecular Diagnostics Point of Care Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Molecular Diagnostics Point of Care Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Molecular Diagnostics Point of Care products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Molecular Diagnostics Point of Care Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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