Report ID: UCMIG35A2695
Report ID:
UCMIG35A2695 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2016, the global point of care infectious disease testing market was valued at approximately USD 1.05 billion. This market encompasses diagnostic testing conducted at or near the point of patient care, enabling rapid and accurate detection of infectious diseases. The market's growth can be attributed to factors such as the increasing prevalence of infectious diseases, the need for timely and accurate diagnosis, and advancements in technology that have led to the development of portable and user-friendly testing devices for efficient disease management.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2695