North America Point of Care Diagnostics Market Trends, Size, Share, Growth, Analysis, Forecast to 2028

 


Market Introduction

North America Point of Care Diagnostics Market North America is the largest market for point of care diagnostics. The region includes US, Canada, and Mexico. The growth of the North America market is characterized by the growing prevalence of infectious diseases, government support for advanced diagnostics kits and instruments, and increasing efforts in R&D activities undertaken by the market players operating in the market. North America Point of Care Diagnostics Market In addition, technological advancements in the diagnosis industry is likely to be a major growth stimulator for the point of care diagnostics market in North America. In US, Centers for Medicare and Medicaid Services (CMS) directs Medicare, which is a federal program for adults aged above 65 and people with disabilities, and it works along with state governments.

North America Point of Care Diagnostics Market CMS maintain both Medicaid and the Children’s Health Insurance Program (CHIP), an assembly of federal-state programs for various low-income people. Medicare delivers coverage for physician services, hospitalization, and a voluntary supplementary program, prescription drugs. Additionally, the presence of top revenue-generating medical device companies that can invest a significant amount in R&D supports the market growth as these companies manufacture innovative medical devices.

📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲@ https://www.businessmarketinsights.com/sample/TIPRE00023729

North America Point of Care Diagnostics Market In case of COVID-19, North America is highly affected specially the US. The outbreak of the COVID-19 pandemic situation shown some favorable scenario for players operating in the point of care diagnostics market. North America Point of Care Diagnostics Market Significant population of North America is infected with coronavirus. For instance, the US is a highly affected country in the North American regions. The effect of the corona is mild in adults; however, it is adverse in older people. The infection of corona among older people has resulted in severe complications and has accounted for a good number of deaths in the country. But during the pandemic situation, life science companies engaged in development of novel drugs for the treatment of life threaten diseases. In addition, increasing demand for rapid testing equipment is also playing a prominent role in the growth of the North America point of care diagnostics market. Furthermore, due to the rising numbers of COVID-19 population has positive impact on the adoption of point of care diagnostic kits.

North America Point of Care Diagnostics Market This adoption is boosting new product development and launches in the market. For instance, in July 2020, Eurofins U.S. Clinical Diagnostics has announced the availability of its pooled PCR test to detect SARS-CoV-2, which would substantially lower the cost per PCR test for clients. North America Point of Care Diagnostics Market Moreover, in March 2020, Abbott received FDA approval for its molecular point-of-care test for the diagnosis of COVID-19. The test is capable to deliver positive results in five minutes and negative result in less than fifteen minutes. Such product launches are expected to accelerate the growth of the North America point of care diagnostics market.

📚𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐢𝐧𝐤 @ https://www.businessmarketinsights.com/reports/north-america-point-of-care-diagnostics-market

𝐓𝐡𝐞 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Abbott

BD

bioMerieux SA

BIO-RAD LABORATORIES INC.

Danaher

F. HOFFMANN-LA ROCHE LTD.

Johnson and Johnson Services, Inc.

Nova Biomedical

Polymer Technology Systems, Inc. (PTS)

Siemens AG

North America Point of Care Diagnostics Market

North America Point of Care Diagnostics Market Point of Care (POC) diagnostics refer to medical testing conducted at or near the site of patient care, where the results are quickly available for immediate decision-making. These tests are typically conducted outside of a laboratory setting, often at a patient’s bedside, in a doctor's office, clinic, or even at home. North America Point of Care Diagnostics Market The North American Point of Care Diagnostics Market has witnessed significant growth in recent years, driven by technological advancements, an aging population, and a shift towards more personalized healthcare services. This article will explore the key factors influencing the growth of the market, the various types of POC diagnostic devices, trends, challenges, and the future outlook of the industry in North America.

Market Overview

North America Point of Care Diagnostics Market The North American Point of Care Diagnostics Market includes devices used for monitoring and diagnosing health conditions across various segments, such as infectious diseases, cardiovascular diseases, glucose monitoring, pregnancy testing, and others. The market has seen a steady rise due to the increasing demand for quick and reliable diagnostic results, especially in urgent care settings. The COVID-19 pandemic further accelerated the adoption of POC diagnostics, particularly for testing infectious diseases, as healthcare systems around the world faced unprecedented pressure.

North America Point of Care Diagnostics Market According to various market research reports, the North American Point of Care Diagnostics Market is projected to grow significantly in the coming years. The U.S. dominates the market, accounting for the largest share, followed by Canada. North America Point of Care Diagnostics Market The expanding healthcare infrastructure, technological advancements, and rising patient awareness regarding early diagnosis and treatment are key factors contributing to this growth.

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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