Overview:
About POC
Point-of-care testing (POC) revolutionizes the landscape of medical diagnostics by bringing testing closer to the patient, enabling rapid and convenient access to critical health information. This comprehensive overview delves into the various aspects of POC diagnostics, ranging from its definition and technology to its benefits, drawbacks, and applications across different medical fields.
Definition and Types of Point-of-Care Testing
Point-of-care testing, often abbreviated as POC testing, involves medical testing performed at or near the point of care, typically where the patient is located. It encompasses a wide range of tests and devices, including handheld electronics and molecular collection tools. Examples include blood glucose monitors, thermometers, home pregnancy tests, and rapid strep tests.
POC testing offers numerous advantages, including rapid results, improved patient outcomes, and increased accessibility to healthcare. It finds applications in various settings, including clinics, ambulances, care facilities, and even homes. POC testing aids in addressing immediate healthcare concerns, enabling quick diagnosis, monitoring, and management of chronic conditions.
The proliferation of POC technology is driving significant changes in healthcare delivery, focusing on better patient outcomes, cost-effectiveness, and accessibility. Mobile devices play a crucial role in enhancing the quality and safety of care, facilitating remote patient monitoring and improving healthcare delivery in resource-limited settings.
The portability and accessibility of POC testing devices offer several advantages, such as efficiency, effectiveness, and higher quality of care. However, challenges include ensuring accurate interpretation of results, adherence to testing protocols, and proper integration of data into health records.
While POC testing offers the advantage of shorter turnaround time and convenience, it may be associated with higher costs and increased risk of errors compared to laboratory-based testing. However, rapid results provided by POC testing can lead to quicker treatment decisions and improved patient outcomes, especially in critical situations.
POC testing is increasingly integrated into clinical trials to expedite participant screening, monitor treatment responses, and enhance patient safety. Rapid CBC testing, for instance, enables quick identification of anemia, blood disorders, infections, and adverse drug reactions, thereby optimizing clinical trial outcomes.
In conclusion, point-of-care diagnostics represent a paradigm shift in healthcare delivery, offering rapid, convenient, and reliable testing solutions at the patient’s bedside. As technology continues to advance, POC testing holds promise for improving healthcare accessibility, quality, and efficiency across diverse medical settings.
Market Players in PoC Diagnostic Domain: The PoC domain features a competitive landscape characterized by the presence of prominent market players, such as:
These entities drive progress in PoC Diagnostic technology, guaranteeing ongoing enhancements in postoperative care and patient outcomes within the realm of nasal surgeries.
Figure 1 Credits: >>
Understanding the developmental landscape, competitor strategies, and anticipated advancements in Point-of-Care Diagnostics is crucial for effective market positioning.
Figure 2 Phase-wise Distribution of Pipeline Candidates
Profiles of key stakeholders advancing Point-of-Care Diagnostics provide insights into their financials, product portfolios, and recent innovations within the field.
Figure 3 Company Specific Information
Figure 4 Product Specific Information
This report examines patents in Point-of-Care Diagnostics, uncovering significant innovations and potential opportunities for improvement or collaboration within the field.
Figure 5 Pattern of Patent Filing Evolution of Key Players
Figure 6 Popular Markets Calculated via Most Patent Families (Geographically)
Providing insights into anticipated trends, growth opportunities, and key factors in the Point-of-Care Diagnostics sector. The report includes quantitative analysis on market size, revenue forecasts, and growth potentials.
Figure 7 Market Sizing and Opportunity Analysis
Figure 8 Yearly Market Growth, 2016-2024 (USD Billion)
(Segmented in terms of the financial growth)
This report on Point-of-Care Diagnostics highlights key players, providing concise profiles with insights into market shares, strengths, weaknesses, and strategic approaches.
Figure 9 SWOT analysis of the Competitors
In order to give the most precise estimations and forecasts, Wissen Research uses an extensive and iterative research approach that is focused on reducing deviation. The company blends top-down and bottom-up methodologies for market segmentation and quantitative estimation. In addition, data triangulation, which examines the market from three separate angles, is a recurrent topic present in all of our research studies. Important components of the approach used for all of our studies include the following:
On a wide scale, unprocessed market data is collected. Continuous data filtering makes sure that only verified and authenticated sources are taken into account. Additionally, data is extracted from a wide range of reports in our repository and from a number of reputable premium databases. We gather information from raw material suppliers, distributors, and purchasers to help with this since understanding the entire value chain is crucial for a thorough understanding of the market.
Surveys, technical symposia, and trade magazines are used to gather information on technical concerns and trends. Technical information focusing on white space and freedom of movement is also obtained from an intellectual property standpoint. Additionally, information on the industry’s drivers, constraints, and pricing patterns is obtained. As a result, a variety of original data are included in the material that is then cross-validated and certified with published sources.
We use simulation models to generate our market projections and estimates. Every study receives a special model that is tailored to it. Data for market dynamics, the technology environment, application development, and pricing patterns are gathered and supplied into the model all at once for analysis. The relative relevance of these factors is investigated, and their impact on the forecast period is assessed, using correlation, regression, and time series analysis. The process of market forecasting combines technological analysis with economic strategies, practical business acumen, and subject expertise.
Econometric models are frequently used for short-term forecasting, but technology market models are typically employed for long-term forecasting. These are based on a confluence of the business environment, regulatory environment, economic projection, and technical landscape. In order to develop global estimates, it is preferable to estimate markets from the bottom up by integrating data from key regional markets. This is required to ensure accuracy and a complete comprehension of the subject. Among the variables taken into account for forecasting are:
Regulations and anticipated developments
We give these criteria weights and use weighted average analysis to assess their market influence in order to calculate the anticipated market growth rate.
Primary research |
Secondary research |
· Manufacturers · Technology distributors and wholesalers · End-user surveys · Consumer surveys |
· Company reports and publications · Government publications · Independent investigations · Economic and demographic data · Online searches · Research reviews · Reference customers |
1. Executive Summary and Introduction
1.1 Overview of Point-of-Care Diagnostics
1.1.1 Definition and Scope of Point-of-Care Diagnostics
1.1.2 Applications and Importance
1.1.3 Current State of Point-of-Care Diagnostics Technology
1.2 Key Findings
1.3 Market Insights and Highlights
1.4 Research Background
1.5 Scope and Methodology
2. Technological Landscape of Point-of-Care Diagnostics
2.1 Types of Point-of-Care Diagnostics
2.1.1 By Testing Method
2.1.2 By Application
2.2 Emerging Technologies in Point-of-Care Diagnostics
3. Market Dynamics
3.1 Market Drivers and Challenges
4. Patent Analysis
4.1 Top Assignees in Point-of-Care Diagnostics Technology
4.2 Geography Focus of Top Assignees
4.3 Legal Status of Point-of-Care Diagnostics Patents
4.4 Assignee Segmentation
4.5 Network Analysis of Top Collaborating Entities
4.6 Technology Evolution
4.7 Key Patents
4.8 Patent Trends and Innovations
4.9 Key Players and Patent Portfolio Analysis
5. Clinical Trial Analysis
5.1 Overview of Clinical Trials in Point-of-Care Diagnostics
5.2 Analysis by Trial Registration Year
5.3 Analysis by Phase of Development
5.4 Analysis by Number of Participants Enrolled
5.5 Analysis by Trial Status
5.6 Analysis by Study Design
5.7 Analysis by Type of Product
5.8 Analysis by Geography
5.9 Analysis by Key Sponsors/Collaborators
6. Competitive Landscape
6.1 Benchmarking Parameters
6.2 Scoring of Different Companies
6.3 Top Company Profiles
6.3.1 Hoffmann-La Roche Ltd
6.3.2 Abbott Laboratories
6.3.3 Siemens Healthineers AG
6.3.4 Becton, Dickinson and Company
6.3.5 Qiagen Inc.
6.3.6 Company 6
6.3.7 Company 7
6.3.8 Company 8
6.4 Product Portfolio Analysis
6.5 Recent Developments and Strategies
7. Market Forecast (2024-2034)
7.1 Methodology
7.2 Assumptions
7.3 Projected Growth of POC Diagnostics Market (2024-2034)
7.3.1 Global POC Diagnostics Market (2024-2034)
7.3.1.1 By Product
7.3.1.1.1 Blood Glucose Monitoring
7.3.1.1.2 Hematology testing
7.3.1.1.3 Pregnancy and Fertility Testing
7.3.1.1.4 Cardio Metabolic Monitoring
7.3.1.1.5 Cholesterol Test Strip
7.3.1.2 By End User
7.3.1.2.1 Hospital and Critical Care Setting
7.3.1.2.2 Ambulatory Care Setting
7.3.1.2.3 Homecare/Self Testing
7.3.2 POC Diagnostics Market in North America, Europe and Asia Pacific (2024-2034)
7.3.2.1 By Product
7.3.2.1.1 Blood Glucose Monitoring
7.3.2.1.2 Hematology testing
7.3.2.1.3 Pregnancy and Fertility Testing
7.3.2.1.4 Cardio Metabolic Monitoring
7.3.2.1.5 Cholesterol Test Strip
7.3.2.2 By End User
7.3.2.2.1 Hospital and Critical Care Setting
7.3.2.2.2 Ambulatory Care Setting
7.3.2.2.3 Homecare/Self Testing
8. Future Outlook and Market Opportunities
8.1 Technological Advancements in Point-of-Care Diagnostics
8.2 Unmet Needs and Potential Market Gaps
9. Conclusion
10. Appendix
10.1 Glossary of Terms
10.2 List of Abbreviations
S.no |
Key Highlights of Report |
|
1. |
Patent Analysis |
· Top Assignee · Geography focus of top Assignees · Assignee Segmentation · Technology Evolution · Key Patents · Application and Issued Trend · Key technology |
2. |
Market analysis |
· Current POC Diagnostic Devices and Applications · Emerging Technologies and Research Developments (by product analysis and scientific analysis) · Strategic activities · Company portfolio · Detailed profiles of the key players that are engaged in the development of the POC Diagnostic Devices |
3. |
Clinical Trials |
· Analysis of clinical trial through graphical representation · Coverage of testing from the trail phases till commercialization |
4. |
Forecast |
· Detailed comprehension of the historic, current and forecasted trend of market by analysis of their impact on the market |
5. |
Opportunity Analysis |
· Technology evolution based on problem solution · Potential licensees · Advancement trends · Unmet needs · SWOT · Drivers and barriers |
6. |
KOLs |
· A detailed analysis and identification of the Key Opinion Leaders (KOLs), shortlisted based on their contributions |
LIST OF FIGURES
Figure number |
Description |
Figure 1 |
Terminology of Point-of-Care Diagnostics Over The Years |
Figure 2 |
Point-of-Care Diagnostics – History and Present |
Figure 3 |
Projection of Point-of-Care Diagnostics till 2034 in different geographies |
Figure 4 |
Technology Categorization For Point-of-Care Diagnostics |
Figure 5 |
Recent Technology Trends in Point-of-Care Diagnostics |
Figure 6 |
Technology Evolution in Point-of-Care Diagnostics |
Figure 7 |
Geographical Distribution of Patents of Top Assignees |
Figure 8 |
Assignee Segmentation (Companies) |
Figure 9 |
Assignee Segmentation (Educational Establishment) |
Figure 10 |
Patent Based Key Insights Of xx |
Figure 11 |
Patent Based Key insights of xx |
Figure 12 |
Patent Based Key insights of xx |
Figure 13 |
Geographic Distribution of the Universities/Research Organizations Filling Patents On Various Technology advancements |
Figure 14 |
Key Summary Regarding the Patent Filing On Point-of-Care Diagnostics |
Figure 15 |
Product Pipeline of Different innovations with Companies Name |
Figure 16 |
Portfolio for Government Approved Point-of-Care Diagnostic Devices |
Figure 17 |
Key Growth Drivers for Point-of-Care Diagnostics Market |
Figure 18 |
Restraints for Point-of-Care Diagnostics Market |
Figure 19 |
xx Portfolio (Top Player) |
Figure 20 |
xx Portfolio (Top Player) |
Figure 21 |
xx Portfolio (Top Player) |
Figure 23 |
xx Portfolio (Top Player) |
Figure 24 |
xx Portfolio (Top Player) |
Figure 25 |
xx Portfolio (Start-up) |
Figure 26 |
xx Portfolio (Start-up) |
Figure 27 |
xx Portfolio (Start-up) |
Figure 28 |
Strategic Activities Including Collaboration, Partnerships and Acquisitions |
Figure 29 |
Research Methodology for Patent, Selection and Analysis |
LIST OF GRAPHS
Graph number |
Description |
Graph 1 |
Problem Solution Analysis |
Graph 2 |
Top Assignees in Point-of-Care Diagnostics |
Graph 3 |
Technology Focus of Top Assignees (IPC-CPC Classes) |
Graph 4 |
Top Countries of Origin of Patents |
Graph 5 |
New entrants in POC Diagnostic field |
Graph 7 |
Legal Status |
Graph 8 |
Most Cited Patents |
Graph 9 |
Patents with Largest Invention Families |
Graph 10 |
Most Claim-Heavy Patents |
Graph 11 |
Filing Trends |
Graph 12 |
Weighted Scores for Top 64 Players According to Benchmarking Criteria |
Graph 13 |
Point-of-Care Diagnostics (CAGR: 2023-2034) |
Graph 14 |
Point-of-Care Diagnostics Market Share: Distribution by Key Geographical Area, 2023-2034 |
LIST OF TABLES
Table number |
Description |
Table 1 |
Parameters included and excluded for conducting the analysis |
Table 2 |
Technology Classes with Definitions |
Table 3 |
Patent Litigation |
Table 4 |
Highest Market Valued Patents |
Table 5 |
SWOT Analysis of Top 3 Players |
Table 6 |
Parameters and their score for Benchmarking |
Table 7 |
Weighted scores for top 5 players according to benchmarking criteria |
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