PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1714591
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1714591
Point-of-Care Glucose Testing Market Introduction and Overview
According to SPER market research, 'Global Point-of-Care Glucose Testing Market Size- By Product - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Point-of-Care Glucose Testing Market is predicted to reach 5.36 Billion by 2034 with a CAGR 4.39%.
The report includes an in-depth analysis of the Global Point-of-Care Glucose Testing Market, including market size and trends, product mix, Applications, and supplier analysis. The expanding geriatric population, the ability of point-of-care (POC) diagnostic tests to provide immediate results, leading to better patient care, and the growing use of electronic medical records (EMRs) are significant factors driving this market. Additionally, the shortage of skilled healthcare professionals, particularly in diagnostics, is expected to further boost the adoption of glucose POC diagnostic products.
Restraints: Strict regulatory approvals, necessary for safety and accuracy, create hurdles for point-of-care diagnostic product commercialization. These rigorous processes, including testing and trials mandated by bodies like the FDA and CE marking, result in delayed market entry, high development costs, and challenges for smaller businesses. Furthermore, the lack of standardization between point-of-care and lab testing, coupled with potential pre-analytical errors and testing performed by non-physicians, may restrict broader use of point-of-care diagnostics.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered Abbott, Bayer AG/Ascensia Diabetes Care Holdings AG, EKF Diagnostics, F. Hoffmann-La Roche Ltd., Nipro, Nova Biomedical, PlatInium Equity Advisors, LLC (Lifescan, Inc.), Prodigy Diabetes Care, LLC, and Trividia Health, Inc. and others.
Point-of-Care Glucose Testing Market Segmentation:
By Product: Based on the Product, Global Point-of-Care Glucose Testing Market is segmented as; Accu Check Aviva Meter, Onetouch Verio Flex, i-STAT, Bayer CONTOUR Blood Glucose Monitoring System, Freestyle Lite, True Metrix, Accu-Chek Inform II, StatStrip, Other.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.