Product ID: SQMIG35I2098
Global Point Of Care Diagnostics Market Size, Share, Growth Analysis, By Product type(Glucose Testing, Hb1Ac Testing), By End users(Clinics, Hospitals), By Platform(Lateral flow assay, Dipsticks) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2098 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
121 |
Figures:
77
Global Point Of Care Diagnostics Market Dynamics
Point Of Care Diagnostics Market Driver
Rising Incidence of Chronic and Infectious Diseases Drives Demand for Point of Care Diagnostics
- Globally, there has been a significant increase in the occurrence of chronic diseases such as cardiovascular problems, diabetes, and numerous infectious diseases. One of the primary factors driving demand for point-of-care diagnostics during the forecast period is the rising occurrence of such disorders. According to the United Nations, about 38 million individuals have HIV/AIDS in 2019. There were 1.8 million youngsters and 36.2 million adults among them. Furthermore, human respiratory syncytial virus (RSV) is one of the most common viruses responsible for respiratory tract infections. According to the CDC, 4-5 million children worldwide suffer respiratory syncytial virus (RSV) lower respiratory tract infection each year. Similarly, according to the IDF Diabetes Atlas, 206.0 million adults worldwide had diabetes in 2021. Furthermore, the global adult diabetic population is projected to hit 643 million by 2030 and 783 million by 2045.
Point Of Care Diagnostics Market Restraint
Inconsistency with Definitive Central Lab Methods
- Due to a high number of pre- and post-analytical mistakes, point of care test findings are not properly aligned with central lab procedures. Unsuitable indications for the performance of the test, inappropriate sampling times and techniques, an insufficient information about patient conditions, and other variables such as fasting before functional tests or differences in posture/position during similar tests are examples of pre-analytical errors for point of care testing. Post-analytical errors, on the other hand, include insufficient technical validation, incorrect result assignment, and data storage issues. Point of care testing is frequently used in emergency scenarios to aid with clinical decision-making. These tests are frequently performed by nurses or clinical team members rather than physicians. Such circumstances can result in incorrect order and result documentation. These issues have the chance of leading to incorrect diagnoses and have an impact on the quality of care provided to patients. Considering these concerns, patients and doctors may decide not to go for point of care testing. This is one of the most significant barriers to increased acceptance of point of care testing.
Global Point Of Care Diagnostics Market Report Snapshots
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