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Molecular Diagnostics Point of Care Market Overview, Size, Share, Growth, Business Scenario, Insights, Industry Analysis, Trends and Forecasts Report 2027

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.

North America was the largest region, contributing much of the world’s revenue due to the existence of the highly technical, medical system, government, and private investments in R&D to improve MDx POC tests.

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.

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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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The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Molecular Diagnostics Point of Care industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Molecular Diagnostics Point of Care industry.

Molecular Diagnostics Point of Care Market segment by Region/Country including:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

South America Brazil, Argentina, Colombia and Chile etc.)

Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

Here are the questions we answer…

What are the future opportunities in store for the vendors operating in the Molecular Diagnostics Point of Care market?

What does the competitive landscape look like?

Which emerging technologies are believed to impact the Molecular Diagnostics Point of Care market performance?

What are the key trends and dynamics?

Which regulations that will impact the industry?

Which segment will offer the most opportunity for growth between 2020 and 2028?

Where will most developments take place in the long term?

Who are the most prominent vendors and how much market share do they occupy?

What are the latest technologies or discoveries influencing the Molecular Diagnostics Point of Care market growth worldwide?

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Table of Content

Chapter 1. Methodology & Sources

1.1. 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. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

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

4.1. Molecular Diagnostics Point of Care Market Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Huge demand for Molecular Diagnostics Point of Care in automotive industry

4.2.2.2. Growing demand for ceramic tiles.

4.2.3. Market restraints analysis

4.2.3.1. Introduction of recycling process of glass and ceramic.

4.2.3.2. High cost for mining and exports

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 5. Molecular Diagnostics Point of Care Market By Product Type Insights & Trends, Revenue (USD Billion) (Million MT)

Chapter 6. Molecular Diagnostics Point of Care Market By Marketing Channel Insights & Trends Revenue (USD Billion) (Million MT)

Chapter 7. Molecular Diagnostics Point of Care Market By End-Use Insights & Trends Revenue (USD Billion) (Million MT)

Chapter 8. Global Molecular Diagnostics Point of Care Market Regional Outlook

Chapter 9. Competitive Landscape

Chapter 10. Company Profiles

Continued…

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Molecular Diagnostics Point of Care Market 2027: A brief review of size, share, trends, growth, etc.

Molecular Diagnostics Point of Care Market Size – USD 2.04 Billion in 2019, Molecular Diagnostics Point of Care Market Growth – CAGR of 10.6%, Molecular Diagnostics Point of Care Market Trends – High demand for point-of-care diagnostics.

The latest report on the Global Molecular Diagnostics Point of Care Market offers a holistic overview of the growth and other key aspects of the market across various segments and key regions. The report is a comprehensive guide to gain insightful information about market dynamics, current and emerging trends, product portfolio, growth prospects, competitive landscape, and consumer behavior. The report also offers insights to help readers formulate strategic investment and business expansion plans.

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Furthermore, the report is furnished with the latest changes in the market scenario and demand and supply ratios with regards to the currently unfolding COVID-19 pandemic. The research report offers an initial and future assessment of the impact of the COVID-19 pandemic on the industry and offers insights for the businesses to overcome the difficulties raised by the crisis.

Competitor Analysis

The report further covers the strategic initiatives taken by the companies such as mergers and acquisitions, product launches and brand promotions, collaborations and joint ventures, agreements and partnerships, and government deals, among others. The strategic initiatives offer the companies a chance to expand their foothold in the industry and gain a significant global position.

Main players in the Molecular Diagnostics Point of Care 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.

Critical Factors To Help Readers Understand The Market Scenario

Key Market Dynamics: The global Molecular Diagnostics Point of Care market research report details on the ongoing market trends, development outlines, and several research methodologies. It illustrates the key factors that directly manipulate the market, for instance, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes within the product profiles could result in huge disruptions to the above-mentioned factors. Each of these factors has been elaborately discussed in the initial segment of the study.

Key Growth Prospects: The report specializes in examining the major growth prospects of the global Molecular Diagnostics Point of Care market, such as new product launches, collaborations, joint ventures, mergers & acquisitions, agreements, partnerships, and the progress of the key market players functioning in the market, on regional and global levels.

Key Market Highlights: The Molecular Diagnostics Point of Care report deeply inspects factors like revenue accumulation, cost, capacity utilization rate, production capacity, production rate, consumption rate, import/export, supply/demand, gross, market share, CAGR, and gross margin. It further presents an all-inclusive study of the market growth factors and their latest trends.

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Molecular Diagnostics Point Of Care Market Study And Future Prospect Growth Including Key Players

The Global Molecular Diagnostics Point of Care Market Research Report 2020 offers an extensive evaluation of the industry to present the readers with insightful data to help them gain a competitive edge over other players by capitalizing on the lucrative growth opportunities and understanding the critical elements of the market. The report offers a critical overview of the market segment with regards to the market size, market share, market volume, price analysis, global reach, and financial standing. The statistical analysis performed for this report indicates the market is expected to grow at a steady pace throughout the forecast timeline.

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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.

Competitive Landscape:

The research report analyzes the overall impact of the pandemic on the Molecular Diagnostics Point of Care industry, along with its impact on the key segments and sub-segments of the market. Moreover, the report assesses the COVID-19 pandemic’s impact on the key geographical region and their effect on the overall market owing to different restrictions imposed in different regions and countries.

Molecular Diagnostics Point of Care Market Region:

The report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.

Key Questions Answered in the Report:

  • What is the growth rate of the Molecular Diagnostics Point of Care market? What is the anticipated market valuation of the Molecular Diagnostics Point of Care industry by 2027?
  • What are the key growth driving and restraining factors of the Molecular Diagnostics Point of Care market?
  • Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
  • What are the key opportunities and growth prospects of the Molecular Diagnostics Point of Care industry over the forecast period?
  • Which region is expected to show significant growth in the coming years?