The Point of Care (POC) equipment is a medical device that is used at or near to the patient’s place of care. This is in contrast to the traditional testing methods which were mostly confined to the medical laboratories in which specimens were collected away from the point of care and results were delivered after few hours or days depending on the testing type.

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The ability and power of POC diagnostic tests to give immediate results, thus, providing improved patient care along with rising market penetration of PACS (picture archiving and communication systems) and EMR (electronic medical records) have accelerated the growth of POC devices. Alongside, with densely populated regions, POC technology has also improved the patient reach for diagnostic services in the remote and rural areas. This factor has significantly impacted the market growth. In addition, the ease of use, is further expected to propel the growth of global POC equipment market. Since, both the medical and non-medical personnel with minimum training can use this equipment.

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Various notable players operating in the global point of care (POC) equipment market include Abbott Laboratories, Abaxis, Inc., Accriva Diagnostics, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Alere Inc., ARKRAY, Inc., Atlas Genetics Ltd., Beckman Coulter, Dexcom, Inc and others. Several companies are introducing innovative and advanced glucose monitoring devices; hence, this is likely to increase the adoption of these devices among the end users.

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The global point of care equipment market has been segmented into product type, end user and key geographies. Based on product type, the market comprises of POC diagnostics devices, POC diabetes devices, POC critical care devices, POC endocrinology devices, POC infectious diseases devices, and other POC devices. The end use application includes hospitals, homecare settings and others.

Key questions answered in this research report:

At what pace is the point of care equipment market growing, globally? What will be growth trend in future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the point of care equipment market?
What are the various application areas and how they are poised to grow?

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