Thailand point-of-care testing (PCOT) market is expected to reach USD 214.74 million by 2028 from USD 119.99 million in 2020, growing with the healthy CAGR of 7.7% in the forecast period of 2021 to 2028. Government funding, rising technological advancement, and rising prevalence of chronic diseases are the major drivers that propelled the market's demand in the forecast period.
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Thailand Point-of-Care Testing (POCT) Market Analysis and Insights
The point-of-care testing (POCT) is characterized as testing that can be done close to the patient where a medical decision can be made immediately, including the results and monitoring. Point-of-care testing (POCT) is also called with-patient testing. It allows physicians to accurately measure real-time, lab-quality diagnostic results within less than minutes compared to hours. Currently, various products are available that provide rapid and accurate results and help patients better outcomes, which is expected to provide various other opportunities in the point-of-care testing market. However, lack of alignments in the lab results and the high cost of point-of-care testing products are expected to restrain market growth in the forecast period. Presence of major market player is providing an opportunity whereas the lack of trained professionals are challenging the market growth.
The point-of-care testing (POCT) market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the point-of-care testing market scenario, contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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Thailand Point-of-Care Testing (POCT) Market Scope
Point-of-care testing (POCT) market is segmented into seven segments based on product, application, platform, prescription mode, testing type, end user, and distribution channel.The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of product, the point-of-care testing (POCT) market is segmented into glucose monitoring products, cardiometabolic testing products, infectious disease testing products, pregnancy and fertility testing products, tumor/cancer marker testing products, urinalysis testing products, cholesterol testing products, hematology testing products, drugs-of-abuse testing products, fecal occult testing products, rapid coagulation testing and other POC products. In 2021, the glucose monitoring products segment in point-of-care testing (POCT) market is expected to grow due to the need to maintain the glucose level in diabetic patients and fast and low-cost test procedures at point-of-care testing (POCT).
· On the basis of application, the point-of-care testing (POCT) market is segmented into blood transfusion, cardiac monitoring, coagulation, blood glucose, hematology, non-invasive SPO2 monitoring, non-invasive PCO2 monitoring, whole blood analysis, vital sign monitoring, and others. In 2021, the blood transfusion segment in point-of-care testing (POCT) market is expected to grow due to increased demand for advanced technologies and testing requirements in medical care for operations and diagnosis of different chronic disorders
· On the basis of platform, the point-of-care testing (POCT) market is segmented into lateral flow assays/immunochromatography tests, dipsticks, microfluidics, molecular diagnostics, and immunoassays. In 2021, the lateral flow assays/immunochromatography tests segment in point-of-care testing (POCT) market is expected to grow due to advanced technologies and inventions
· On the basis of prescription mode, the point-of-care testing (POCT) market is segmented into prescription-based testing and OTC testing. In 2021, the prescription-based testing segment in point-of-care testing (POCT) market is expected to grow due to increase in incidence of lifestyle and chronic diseases and a lack of awareness on over-the-counter point-of-care testing (POCT) devices
· On the basis of testing type, the point-of-care testing (POCT) market is segmented into immunoassays, cell-based assays, nucleic acid amplification testing, clinical chemistry assays, and hematology. In 2021, the immunoassays segment in point-of-care testing (POCT) market is expected to grow due to the growing patient emphasis for diagnosis and testing at point-of-care testing (POCT) and chronic diseases among geriatric people
· On the basis of end-user, the point-of-care testing (POCT) market is segmented into hospitals, clinics, laboratories, home care, ambulatory surgery centers, and others. In 2021, the hospital's segment in point-of-care testing (POCT) market is expected to grow due to growing patient emphasis on diagnosis operations.
· On the basis of distribution channel, the point-of-care testing (POCT) market is segmented into direct tender and retail pharmacies. In 2021, the distribution channel segment in point-of-care testing (POCT) market is expected to grow due to increased demand for advanced technologies and testing requirements in medical care for operations and diagnosis.
Browse The Table of Contents And List of Figures: https://www.databridgemarketresearch.com/toc/?dbmr=thailand-point-of-care-testing-poct-market
Major TOC of the Thailand Point-of-Care Testing (POCT) Market Report
Chapter One:
MARKET SEGEMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
Competitive Landscape and Point-of-care Testing (POCT) Market Share Analysis
Point-of-care testing (POCT) market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus on the point-of-care testing (POCT) market.
The major companies which are dealing in the point-of-care testing (POCT) are
· Bio-Rad Laboratories, Inc.,
· bioMérieux SA,
· Trinity Biotech,
· BD,
· EKF Diagnostics,
· Abbott,
· Quidel Corporation,
· Sienco, Inc.,
· Danaher,
· Chembio Diagnostics Systems, Inc.,
· Nova Biomedical,
· PTS Diagnostics,
· AccuBioTech Co., Ltd,
· Beckman Coulter, Inc.,
· F. Hoffmann-La Roche Ltd,
· Sekisui Diagnostics,
· Instrumentation Laboratory (A Subsidiary Of Werfen),
· Xiamen Biotime Biotechnology Co., Ltd.,
· FUJIFILM Thailand Ltd., among others.
· Many product launches and agreements are also initiated by the companies worldwide, which also accelerate the point of-care testing (POCT) market.
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