Global POC Lipid Testing Market

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Global POC Lipid Testing Market

 


Global POC Lipid Testing Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.

Global POC Lipid Testing Market

The global POC Lipid Testing Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global POC Lipid Testing Market report also provides trends by market segments, Product Type, and investment with a competitive landscape.

Global POC Lipid Testing Market

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Global POC Lipid Testing Market Overview:

Point-of-care testing (POCT) devices are used to screen dyslipidemia and to screen the lipid levels of patients to treat high levels of cholesterol. This test is also used to measure cholesterol, lipid level, triglycerides, low-density lipoprotein, and high-density lipoprotein.
Global POC Lipid Testing Market Dynamics:

The global POC Lipid Testing market was valued at USD 237.4 Million in to reach and is likely to reach USD 297.6 Million with a growing CAGR of 2.7% in the forecast period 2020-2026.

The healthcare sector is boosting the market growth of the global POC lipid testing market due to growing technological innovations together with biosensors, lab-on-a-chip, smartphone apps, and other wearable devices, contributing a major share of inpatient- point-of-care technologies. An increase in the geriatric population, increasing frequency of Obesity, Cardiovascular and Diabetic diseases, and motivating healthcare awareness are further boosting the market growth.

In Addition, technological advancements, user-friendliness, and accuracy are anticipated to hit the market. Unhealthy and inactive lifestyle habits are anticipated to increase the test rates in the forecast period of 2020-2026. Higher technology, lab automation to offer quick, precise results, together with increased home care amenities with effective diagnostic results is also motivating the growth of the POC lipid testing market.

Moreover, the cost of POC testing lipid testing is likely to hamper the growth of the market in the forecast period of 2020-2026. Further, Limited laboratory services with low-skilled professions are estimated to slow the growth of the market.
Global POC Lipid Testing Market Segment Analysis:

Instrument Sector is Trending in Product Type segment of Global POC Lipid Testing Market.

There are various instruments available for the testing of POC lipids like Roche Reflotron, Roche Cobas b 101, Abaxis Piccolo, Alere Cholestech LDX, Alere Afinion, Samsung LABGEO, PTS CardioChek used for the testing of cholesterol levels in the body are falling under the most used set of instrument for lipid. The POC Lipid Testing market was valued at 189 million in 2019 is likely to grow with a CAGR of 10.7 in the forecast period. New developments in the market and innovation in instruments with the latest technology are fueling the market growth of instrument sub-segment in the forecast period 2020-2026.

Alere Cholestech LDX is the most preferred instrument due to its precise and rapid results. Also, this instrument requires a fewer amount of blood samples and easy to operate on fingertips. Moreover, skilled professions are not required all the time with easy protocol, further, this instrument is widely used for daily homecare testing.

Global POC Lipid Testing Market

Familial Hypercholesterolemia is considered to supplement the growth of the application segment in the POC Lipid Testing Market.

The global Familial Hypercholesterolemia segment is gaining more attention in the application segment of the POC Lipid Testing market. The major countries dominating in the segment are the USA, Canada, Japan, China, and Europe and are growing with a 2.8% CAGR and accounted for 18% of market share in the forecast period. Familial Hypercholesterolemia is the most common autosomal dominant genetic disease. This disease is characterized by a high level of Low-density lipoprotein cholesterol (LDL-C) and susceptibility to early atherosclerotic cardiovascular diseases.

The hospital sector is anticipated to boost the End-user Segment of the POC-Lipid Testing Market.

The hospital's segment is likely a significant share to gain major market share of the POC lipid testing market due to generating awareness in individuals and availability of trained personnel with advanced medical infrastructure. An unhealthy lifestyle and a high-fat diet are growing and resulting in obesity and high cholesterol disorders. Moreover, high population growth with a large number of testing laboratories is further boosting the market growth of the POC lipid testing market in the forecast period. Further, hospitals are adopting high technologies for better convenience and rapid results.

Global POC Lipid Testing Market
Global POC Lipid Testing Market Regional Insights:

North America is dominating the POC Lipid testing market. The U.S. is a major country and was valued at USD 63.56 Million in the year growing CAGR in the forecast period of 2020-2026. Moreover, the US. Currently holds for 27.03% of market share in the total market. Canada is the second leading country in North America with a growth of 2.3% in the forecast period.

The Asia Pacific is second dominating in the POC-Lipid Testing market. China is leading in the Asia Pacific market due to huge chemical industries and is one of the second-largest economies with a market size of USD 56.8 million with a growing CAGR of 5.7% in the forecast period. Japan is second dominating in the Asia Pacific with a growth of 1.2% in the forecast period.

Global POC Lipid Testing Market

The objective of the report is to present a comprehensive analysis of the global POC Lipid Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global POC Lipid Testing Market dynamics, structure by analyzing the market segments and project the global POC Lipid Testing Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global POC Lipid Testing Market make the report investor’s guide.
Global POC Lipid Testing Market Scope: Inquire before buying

Global POC Lipid Testing Market
Global POC Lipid Testing Market, by Region

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Global POC Lipid Testing Market Key Players

• Competitive Assessments
• Abbott
• Accriva
• Agilent Technologies
• Axis-Shield
• Beckman Coulter Danaher
• Becton Dickinson
• BioData
• bioMerieux
• Bio-Rad
• Cepheid
• Chrono-Log
• Corgenix
• Decode Genetics
• Diagnostica Stago
• Diamedix
• DiaSorin
• Eiken Chemical
• EKF Diagnostics
• Fujirebio
• Grifols
• Helena Laboratories
• Hologic
• Horiba
• Instrumentation Laboratory Werfen
• Kyowa Medex
• Leica Biosystems
• Lonza
• Nihon Kohden
• Ortho-Clinical Diagnostics
• Polymedco
• Qiagen
• Roche
• SDIX
• Sekisui Diagnostics
• Sequenom
• Siemens Healthineers
• Sienco

About This Report

 

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This Report Is Submitted By : Maximize Market Research Company
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Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

 

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