Industry Analysis Global Point of Care Diagnostics Market Growth | Page 2

Description :
The point of care tests refers to the diagnostic procedures which are conducted outside of the laboratories . Point of care diagnostic procedures are carried out by various point of care diagnostics devices which are used to test cholesterol and glucose levels , enzyme analysis , drugs of abuse testing , diagnosis of infectious diseases and pregnancy testing . In addition , cardiac markers , fecal occult blood tests and blood gases tests can also be performed by using point of care diagnostic devices .
The global point of care diagnostics market size is expected to reach $ 43,336 million by 2022 , growing at a CAGR of 9.4 % from 2016 to 2022 . Rising prevalence of various chronic and infectious diseases such as cardiac diseases , hepatitis , cancer , gastrointestinal , respiratory , and sexually transmitted diseases ( STDs ) play a pivotal role in the growth of the global point of care diagnostics market . Moreover , changes in life style patterns also cause several medical conditions , such as diabetes , hypertension , and obesity , which fuels demand for point of care diagnostic procedures for their diagnosis & monitoring . Stringent government regulations and reimbursement issues for the point of care devices may hamper the growth of the market .
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The world point of care diagnostics market is segmented based on product , end user , mode of prescription and geography . Based on product , the world point of care diagnostics market is further segmented into glucose monitoring kits ; infectious disease testing kits ; pregnancy and fertility testing kits ; hematology testing kits , cardiometabolic monitoring kits , urinalysis testing kits , coagulation monitoring kits , tumor / cancer markers testing kits , cholesterol test strips , drugs of abuse testing kits , fecal occult testing kits and others ( calcium assay kits and immunohistochemistry kits . The infectious disease testing kits are further categorized into hepatitis testing kits , HIV testing kits , respiratory infections testing kits , influenza testing kits , healthcare-associated infections ( HAIs ) testing kits , sexually-transmitted diseases ( STDs ) testing kits and others ( topical diseases testing kits and nerve conduction study kits ). The cardiometabolic monitoring kits segment is further sub-divided into cardiac markers kits , HbA1c testing kits , electrolytes testing kits and among others .
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Based on end user , the world point of care diagnostics market is segmented into professional diagnostic centers , research laboratories , home and others ( medical universities , not-for-profit organizations and nursing homes ). The professional diagnostic centers segment is further categorized into hospitals / critical care centers , outpatient healthcare settings , and ambulatory care settings . Based on the mode of prescription , the world point of care diagnostics market is segmented into prescription-based point of care diagnostic devices and over-the-counter ( OTC ) based point of care diagnostic devices
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