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Asia Pacific Point of Care Testing Market

Asia Pacific Point of Care Testing Market Analysis – By Product, By Application, By End User, By Region (China, India, Japan, South Korea) – Market Size, Growth, Trends, Insights, Opportunities to 2020

  • ID : 25562605  |  
  • Published : May-2019  |  
  • Region : Asia Pacific  |  
  • Pages : 120   |  
  • Publisher : Research Cosmos

Asia Pacific Point of Care Testing Market Size:

As per the latest market research reports, Asia Pacific Point of care (POC) testing market was estimated at US $ 242.68 million in 2018 and is expected to reach 5.1% during the forecast period 2020. PoC is defined as a medical device that is used to obtain immediate results in the investigation (diagnosis and follow-up) of various diseases such as cancer, diabetes and heart disease. Recently, the diagnostic market for nursing families has grown exponentially with an increasing preference for patients who perform these tests.

Growth Drivers, Challenges and Opportunities - Asia Pacific Point of Care Testing Market

Patient management has been improved through the recognition of electronic medical records (EMR) through a diagnosis of Point of Care. The EMR transfers the results of PoC device tests to a laboratory or hospital information system to minimize inconsistencies between work and health data. Another factor that helps the market to grow tremendously is the technological advances that have grown in the medical field for many years. It is expected that the demand for devices will increase due to the continuous development of R&D activities for the miniaturization of molecular and special diagnostic tests. The regional market is also accelerated by improving the technology of automation laboratories and introducing cost-effective and advanced medical solutions.

Some initiatives carried out by governments and non-governmental organizations to increase trends in various epidemics and improve health knowledge. There is an important factor that drives the growth of the medical diagnostics market around the region. Key technical advances in diagnosis, the introduction of basic essences at home; and the increase in medical costs also supports the growth of the Asia Pacific market. The increase in medical costs also supports the growth of the market. Automated laboratory systems and highly integrated solutions facilitate diagnostic workflows that facilitate the adoption of diagnostic and test products as needed. This equipment is especially easy to use due to the lack of specialists in the diagnosis and medical personnel.

However, government regulations on product approvals and reimbursements for point-of-care devices greatly restrict the market growth. Market participants constantly focus on research and development to help market growth through the innovation of new, more efficient and new devices. It is expected that the research and development activities between the PoC devices for the rapid detection and control of key people and diseases that introduce new inspections are the engine of industrial development.

In February of 2018, Siemens Healthier increased its position in the market obtaining the approval of the Food and Drug Administration (FDA) for the tests of PoC of TCO2 (exhaustion of total carbon dioxide) and BUN (nitrogen of the urea in blood).

Geographical Insights of Asia Pacific Point of Care Testing Market

Asia Pacific is the most attractive region. The Asia Pacific point of care testing market has been identified as the most profitable market due to high medical demand not covered by specific areas of diseases such as cancer, diabetes and other infectious diseases, an increase in the conscience of the patients and a continuous improvement of the medical expenses. Japan captured the Asian-Pacific market with a revenue percentage of 40%. China has followed Japan with more than 25% of its revenue share in 2018 due to its high medical needs not covered and continuous improvements in medical infrastructures. This is due to the strategic plan adopted by international athletes to improve their medical infrastructure. The growing awareness and the presence of large groups of patients in developing countries, such as India and China, can lead to greater local demand.

Few of the leading companies dominating the Market profiled in the report are

  • Danaher Corporation
  • F. Hoffmann-La Roche Ltd
  • Abbott Laboratories
  • Instrumentation Laboratory Spa
  • Biomerieux SA
  • Trividia Health, Inc.
  • QIAGEN
  • Becton Dickinson & Company
  • New Biomedical Sciences
  • Sekisui Diagnostics LLC
  • I Siemens Healthcare Gmbh
  • Quidel Corporation

This research report includes following segmentation for the Asia Pacific Point of Care Testing Market size and forecast 2020

Asia Pacific Point of Care Testing Market – By Product

  • Feces Testing Market
  • Drug Abuse Testing Market
  • Blood Gas/Electrolytes Market
  • Infectious Disease Testing Market
  • Glucose Testing Market
  • Cardiac Markers Market
  • Hematology Market
  • Coagulation Market

Asia Pacific Point of Care Testing Market - By Application

  • Cholesterol Follow-Up
  • Blood Sugar Tests
  • Infectious Disease Tests
  • Pregnancy Tests
  • Cholesterol Control
  • Drug Abuse Tests

Asia Pacific Point of Care Testing Market – End User

  • Hospitals
  • Laboratory
  • Home Health Care
  • Clinics

Asia Pacific Point of Care Testing Market – Region

  • China
  • India
  • Japan
  • South Korea

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Asia Pacific Point of Care Testing Market Drivers                                                
    2. Asia Pacific Point of Care Testing Market Restraints                                                           
    3. Key Challenges                                                 
    4. Current Opportunities in the Asia Pacific Point of Care Testing Market                                                              

  5. Asia Pacific Point of Care Testing Market Segmentation

    1. By Product

      1.  Feces Testing Market
      2. Drug Abuse Testing Market
      3. Blood Gas/Electrolytes Market
      4. Infectious Disease Testing Market
      5. Glucose Testing Market
      6. Cardiac Markers Market
      7. Hematology Market
      8. Coagulation Market
      9. Asia Pacific Point of Care Testing Market Estimates & Forecasts, by Function, 2020       
      10.  Year on Year Growth Rates, by Type, 2020       
      11.  Asia Pacific Point of Care Testing Market Attractiveness Index, by Function, 2020                                                        

    2. By Application

      1. Cholesterol Follow-Up
      2. Blood Sugar Tests
      3. Infectious Disease Tests
      4. Pregnancy Tests
      5. Cholesterol Control
      6. Drug Abuse Tests
      7. Asia Pacific Point of Care Testing Market Estimates & Forecasts, by Function, 2020       
      8.  Year on Year Growth Rates, by Type, 2020       
      9.  Asia Pacific Point of Care Testing Market Attractiveness Index, by Function, 2020

    3. By End User

      1. Hospitals
      2. Laboratory
      3. Home Health Care
      4. Clinics
      5. Asia Pacific Point of Care Testing Market Estimates & Forecasts, by Function, 2020       
      6.  Year on Year Growth Rates, by Type, 2020       
      7.  Asia Pacific Point of Care Testing Market Attractiveness Index, by Function, 2020

  6. Geographical Analysis

    1. Asia Pacific Point of Care Testing Market

      1.  Introduction    
      2. China
      3. India
      4. Japan
      5. South Korea

  7. Strategic Analysis                                                              

    1. PESTLE analysis                                               

      1. Political                                        
      2. Economic                                      
      3. Social                                           
      4. Technological                               
      5. Legal                                            
      6. Environmental                                             

    2. Porter’s Five analysis                                                       

      1. Bargaining Power of Suppliers                                    
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users       

  8. Asia Pacific Point of Care Testing Market Leaders Analysis                                                                  

    1. Danaher Corporation

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                         
      5. Legal issues                                  
      6. Recent Developments                                 
      7. SWOT analysis                                             
      8. Analyst View

    2. F. Hoffmann-La Roche Ltd
    3. Abbott Laboratories
    4. Instrumentation Laboratory Spa
    5. Biomérieux SA
    6. Trividia Health, Inc.
    7. QIAGEN
    8. Becton Dickinson & Company
    9. New Biomedical Sciences
    10. Sekisui Diagnostics LLC
    11. I Siemens Healthcare Gmbh
    12. Quidel Corporation

  9. Competitive Landscape                                                                     

    1. Asia Pacific Point of Care Testing Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                             
    4. New Product Launches                                                   

  10. Expert Opinions                                                               

    1. Asia Pacific Point of Care Testing Market Outlook                                                              
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                      
    2. List of Figures    

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