Market Overview:
The global cartridge-based point of care diagnostics system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cartridge-based point of care diagnostics systems for various applications such as infectious diseases testing, cardiac markers testing, coagulation testing, blood gas/electrolytes testing and others. In addition, the growing demand for these systems from clinics, laboratories and hospitals is also contributing to the growth of this market. However, factors such as high cost and lack of awareness about these systems are restraining its growth in some regions.
Product Definition:
A cartridge-based point of care diagnostics system is a device used to detect the presence or absence of a target molecule in a sample. The cartridge-based point of care diagnostics system is important because it allows for quick and easy detection of molecules in a sample, which can then be used to diagnose diseases or other medical conditions.
Infectious Diseases Testing:
Infectious diseases testing is the process of detecting microorganisms such as viruses, bacteria or fungus that are responsible for disease. These tests are used in hospitals and other medical settings to diagnose various infectious diseases. The growth factor in cartridge-based point of care diagnostics system market is the need for rapid diagnosis at low cost with improved accuracy and specificity.
Cardiac Markers Testing:
Cardiac markers testing is used in cartridge-based point of care diagnostics system to detect heart diseases. The test involves drawing blood from the patient and analyzing the level of certain proteins, fats, and other substances that are related to heart functioning. This test is performed on a routine basis by doctors as well as patients themselves using self-testing kits or doctor provided tests.
Application Insights:
Based on application, the market is segmented into clinics, hospitals and laboratories, and others. The clinics segment dominated the global market in terms of revenue in 2017. This can be attributed to factors such as rising awareness about point of care diagnostics among clinicians for early diagnosis and treatment of diseases. Furthermore, increasing government funding for diagnostic tests that reduce hospital stays are also driving growth.
The laboratory segment is expected to witness lucrative growth over the forecast period owing to an increase in demand for rapid testing methods that help detect infectious diseases at their initial stages when patients present with mild or no symptoms. Moreover, technological advancements coupled with new product launches are further anticipated to boost industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing R&D investments by government and private entities, rising adoption of technologically advanced products, and high healthcare expenditure in this region. Moreover, growing interest of key players in expanding their business operations across this region is expected to further boost the growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure coupled with increasing demand for cost-effective PoC systems for testing various blood glucose levels and other conditions associated with it. Furthermore, favorable government initiatives such as “Make in India†campaign are expected to create ample opportunities for manufacturers operating within Asia Pacific Cartridge Based Point of Care Diagnostics System Market domain over the next eight years to make significant contributions towards regional development through innovation & technology transfer activities as well as manufacturing capabilities expansion & joint ventures etc.
Growth Factors:
- Increasing demand for cartridge-based point of care diagnostics systems due to their accuracy and speed.
- Rising prevalence of chronic diseases, which is expected to increase the demand for cartridge-based point of care diagnostics systems.
- Technological advancements in the field of cartridge-based point of care diagnostics systems that are increasing their accuracy and efficiency.
- Growing number of private and public sector initiatives to promote the use of cartridge-based point of care diagnostics systems across hospitals and clinics worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cartridge Based Point of Care Diagnostics System Market Research Report
By Type
Infectious Diseases Testing, Cardiac Markers Testing, Coagulation Testing, Blood Gas/Electrolytes Testing, Others
By Application
Clinics, Laboratory, Hospitals, Others
By Companies
Abbott, Roche, Siemens Healthineers, Danaher, Bio-Rad Laboratories, Sysmex Corporation, Becton Dickinson, Nova Biomedical, Abaxis (Zoetis), ARKRAY, binx health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Cartridge Based Point of Care Diagnostics System Market Report Segments:
The global Cartridge Based Point of Care Diagnostics System market is segmented on the basis of:
Types
Infectious Diseases Testing, Cardiac Markers Testing, Coagulation Testing, Blood Gas/Electrolytes Testing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinics, Laboratory, Hospitals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Roche
- Siemens Healthineers
- Danaher
- Bio-Rad Laboratories
- Sysmex Corporation
- Becton Dickinson
- Nova Biomedical
- Abaxis (Zoetis)
- ARKRAY
- binx health
Highlights of The Cartridge Based Point of Care Diagnostics System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infectious Diseases Testing
- Cardiac Markers Testing
- Coagulation Testing
- Blood Gas/Electrolytes Testing
- Others
- By Application:
- Clinics
- Laboratory
- Hospitals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cartridge Based Point of Care Diagnostics System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cartridge-based point of care diagnostics system is a diagnostic tool that uses cartridges filled with various types of test material to perform tests on samples. These systems are often used in hospitals and clinics to diagnose medical conditions quickly and easily.
Some of the major players in the cartridge based point of care diagnostics system market are Abbott, Roche, Siemens Healthineers, Danaher, Bio-Rad Laboratories, Sysmex Corporation, Becton Dickinson, Nova Biomedical, Abaxis (Zoetis), ARKRAY, binx health.
The cartridge based point of care diagnostics system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cartridge Based Point of Care Diagnostics System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cartridge Based Point of Care Diagnostics System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cartridge Based Point of Care Diagnostics System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cartridge Based Point of Care Diagnostics System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cartridge Based Point of Care Diagnostics System Market Size & Forecast, 2020-2028
4.5.1 Cartridge Based Point of Care Diagnostics System Market Size and Y-o-Y Growth
4.5.2 Cartridge Based Point of Care Diagnostics System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Infectious Diseases Testing
5.2.2 Cardiac Markers Testing
5.2.3 Coagulation Testing
5.2.4 Blood Gas/Electrolytes Testing
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Clinics
6.2.2 Laboratory
6.2.3 Hospitals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cartridge Based Point of Care Diagnostics System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cartridge Based Point of Care Diagnostics System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Infectious Diseases Testing
9.6.2 Cardiac Markers Testing
9.6.3 Coagulation Testing
9.6.4 Blood Gas/Electrolytes Testing
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Clinics
9.10.2 Laboratory
9.10.3 Hospitals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Infectious Diseases Testing
10.6.2 Cardiac Markers Testing
10.6.3 Coagulation Testing
10.6.4 Blood Gas/Electrolytes Testing
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Clinics
10.10.2 Laboratory
10.10.3 Hospitals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Infectious Diseases Testing
11.6.2 Cardiac Markers Testing
11.6.3 Coagulation Testing
11.6.4 Blood Gas/Electrolytes Testing
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Clinics
11.10.2 Laboratory
11.10.3 Hospitals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Infectious Diseases Testing
12.6.2 Cardiac Markers Testing
12.6.3 Coagulation Testing
12.6.4 Blood Gas/Electrolytes Testing
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Clinics
12.10.2 Laboratory
12.10.3 Hospitals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Infectious Diseases Testing
13.6.2 Cardiac Markers Testing
13.6.3 Coagulation Testing
13.6.4 Blood Gas/Electrolytes Testing
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Clinics
13.10.2 Laboratory
13.10.3 Hospitals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cartridge Based Point of Care Diagnostics System Market: Competitive Dashboard
14.2 Global Cartridge Based Point of Care Diagnostics System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Roche
14.3.3 Siemens Healthineers
14.3.4 Danaher
14.3.5 Bio-Rad Laboratories
14.3.6 Sysmex Corporation
14.3.7 Becton Dickinson
14.3.8 Nova Biomedical
14.3.9 Abaxis (Zoetis)
14.3.10 ARKRAY
14.3.11 binx health
