Molecular Diagnostics Point of Care Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2

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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

Emergen Research’s latest document, titled ‘Global Molecular Diagnostics Point of Care market - Forecast to 2027, is one of the most sought-after market reports involving an in-depth analysis of the global Molecular Diagnostics Point of Care market. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Molecular Diagnostics Point of Care market. The report’s authors have offered necessary details on the latest Molecular Diagnostics Point of Care market trends and the crucial parameters impacting both short-term and long-term market growth.

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.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Abbott Laboratories, Bayer Healthcare, Roche Diagnostics, Bio-Rad Laboratories, Danaher Corporation, BioMerieux, Dako, Abaxis Inc., OraSure Technologies Inc., and Nipro Diagnostics, among others

Segments Covered in this report are:

  • 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

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Regional Landscape section of the Molecular Diagnostics Point of Care report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Research Report on the Molecular Diagnostics Point of Care Market Addresses the Following Key Questions:

Who are the dominant players of the Molecular Diagnostics Point of Care market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Molecular Diagnostics Point of Care market?

What are the key growth drivers and restraining factors of the Molecular Diagnostics Point of Care market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Molecular Diagnostics Point of Care market and its key segments?

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