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Asia-Pacific Point-of-care Diagnostic market set to growth of 10.28% during forecast period

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In the report published by Market Data Forecast named “Asia-Pacific Point-Of-Care Diagnostics Market”, the market is estimated at $3.01 billion in 2016 and poised to grow $4.92 billion by 2021 at a CAGR of 10.28% in the forecast period.

Point-of-care diagnostics encourages a fast, convenient, and cost-efficient way to diagnose diseases at healthcare centers and hospitals. Clinics and other healthcare departments, in order to provide fast and accurate diagnostic results, are relying on point of care tests consequently influencing industrial growth. The success of a potential shift from curative medicine, to predictive, personalized, and preemptive medicine could rely on the development of portable diagnostic and monitoring devices for point-of-care testing.

Many advance techniques and point-f care products are being developed to provide efficient diagnostic results, but in developing and poor countries like in Africa, demand for cost-effective procedure is much more. In developing regions, Point-of-care diagnosis tests are crucial to counterbalance lack of adequate laboratory capacity.

The report also presents detailed analysis of various drivers driving the point-of-care diagnostics market as well as constraints of the market that binds it. Some of those factors are
• Increasing population.
• Demand for cost effective diagnostics procedures.
• Increasing collaboration between providers.

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For granular understanding Point-of-care diagnostics market is differentiated on basis of product, mode of delivery and end-user. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.

The Asia-Pacific point-of-care diagnostics market is segmented based on products, end-users and mode of delivery. Products have been segmented into Infectious Diseases, Cardiac Markers, Oncology Markers, OTC Diagnostic Tests, drug abuse, Blood Gas Testing, Fertility Testing, Urinalysis, Coagulation, Hematology, Glucose Monitoring, Ambulatory Chemistry, Decentralized Clinical Chemistry and others. By End-Users, the market has been further segmented as clinics, hospitals, home healthcare, ambulatory care settings, laboratories and others. Finally on the basis of delivery, the market has been segmented further into OTC and prescription modes of delivery.

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Geographically, market is segmented into India, China, Australia, South Korea and Japan. China leads the market for point-of-care diagnostics in this region

The report contains in-depth profiling with recent developments to sustain and strengthen their position on market. Some of the major players in this market are Abbott Laboratories, Inc., Danaher Corporation, Roche Diagnostics Limited, BioMerieux, Siemens Healthcare, Beckman Coulter, Inc., Becton, Dickinson and Company, Johnson & Johnson, Alere Inc., and PTS Diagnostics. Danaher made huge investments in China in order to fuel their R&D and increase their market share in Asia.

The Asia-Pacific Point-of-care diagnostics market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries

• Know more about key areas of industry growth via detailed Segment-level analysis on basis of product, mode of delivery and end-user along with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Market Outlook – Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market.

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