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.
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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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provides subscription service for industry and company reports. Our research
team has extensive professional expertise in domains such as Electronics &
Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy
& Power; Healthcare; Manufacturing & Construction; Food &
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