Current Business Affairs Global Point of Care (POC) Diagnostic Market 2018 | Page 2

• • • • Hematology Testing Drugs-of-Abuse Testing Fecal Occult Testing Other Some of the major end-user for the global POC diagnostics market has been segregated as: • • • • • Professional Diagnostic Centers Hospitals Home Care Clinics Others Obtain report details with TOC @ https://www.xpodenceresearch.com/Reports/Point-of-Care-(POC)-Diagnostic- Market Home care segment is anticipated to hold at the highest rate over the forecast period Clinics segment has been projected to hold the largest market share with respect to revenue generation owing to substantial number of Clinical Laboratory Improvement Amendments (CLIA) -waived tests are implemented within clinics. Furthermore, decentralization of primary care services in several regional markets around the world has become a common trend, significantly positively impacting the future progress. Additionally, easy-to-use POC devices availability in out-of-hospital laboratory settings has resulted in the significant share of the segment. Furthermore, government bodies, such as National Health Service (NHS), are undertaking POCT- based initiatives and schemes to reduce the pressures on frontline care. POCT initiatives have stimulated the primary care settings, such as clinic, to adopt POCT services for diagnosis of various diseases. However, home care segment has been expected to emerge as the fast-growing segment over the forecast period. Growing concern for initial detection and elimination of any chronic condition occurrence is predicted to drive the segment growth over the forecast period. Geographically, the global POC diagnostic market has been segregated into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, market share¸ with revenue (Billion USD), and growth rate for these regions, from 2015 to 2025 (forecast) • • • • • North America: U.S., Rest of North America Europe: Germany, France, UK, rest of Europe Asia Pacific: China, Japan, India and Rest of Asia Pacific Middle East & Africa: GCC, South Africa, North Africa and Rest of MEA Latin America: Brazil and Rest of Latin America North America region has been expected to hold the major market share owing to the rising geriatric population base and the presence of higher healthcare expenditure levels. Furthermore, high awareness amongst physicians and patients coupled with early disease diagnosis support the largest share of region in the industrial revenue. Asia Pacific region is estimated to grow with fastest CAGR over the forecast period since, the companies in the region are engaged in capitalizing the untapped potential in the region to enhance market position. Additionally, growing awareness for rapid disease detection to improve the patient survival rate is expected to boost the POC products. Some of the prominent players operating in POC diagnostic market include Abbott Laboratories, bioMérieux SA, Roche Diagnostics (A