"Asia-Pacific Point-Of-Care Diagnostics Market By Product (Infectious Diseases), By End-Users (Diagnostic Centres, Hospitals, Homecare settings, Research Centres), and By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", Request Sample Copy of Report Here: Shirley@marketresearchreportstore.com Latest Report on Asia-Pacific Point-Of-Care Diagnostics Market added by Market Research Report Store is a professional and in-depth study on the current state.
Summary
Asia-Pacific Point-of-care Diagnostic Infectious Disease Market was worth USD 346.9 million in 2016 and estimated to reach USD 686.8 million by the end of 2021 with a CAGR of 14.64%. Point-of-care diagnostics allow a speedy, convenient, and cost-efficient way to diagnose infectious diseases at healthcare centers and hospitals. Point-of-care diagnostics is a term collectively used for diagnostic procedures and tests performed on-site. As compared to conventional in-laboratory tests, point-of-care diagnostics have the advantage of speed and convenience without compromising on consistency. Point-of-care diagnostics help cut down on the need for sophisticated diagnostic systems for regular tests like infectious disease tests.
Many advanced point of care diagnostic infectious disease tests are on the verge of being used practically and widely. But, more than innovative and advanced point-of-care devices, there is an extensive need for inexpensive solutions that can be set up in regions where infectious diseases are highly prevalent. In developing regions, these tests are crucial in counterbalancing the lack of adequate laboratory capacity. This is one of the most promising opportunities that can be grabbed by market players.
Factors such as Increasing Prevalence of Infectious Diseases, Technological Advancements, Limited Resource Usability among others are expected to serve the point-of-care diagnostic infectious disease market as a vital driver. However, there are some certain market restraints that players need to overcome. Outcome reliability, Data Storage Issues, Reluctance of End-Users are limiting the growth of point-of-care diagnostic infectious disease market.
Some of the major players in this market are Abbott Laboratories, Inc., Roche Diagnostics Limited, Alere Inc., BioMerieux, EFK Diagnostics, Chembio Diagnostics Systems, Response Biomedical, Accurex Biomedical Pvt. Ltd., BlueCross BioMedical and InTec Products, Inc.
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