Medical Diagnostics Market Set To Rise in the Period from 2014 – 2023

June 14, 2018 | Author: | Posted in Health, Health-Fitness

Latest Market Trends and Industry Insights:
Medical Diagnostics
render solution to cater to greater health challenges which the general public faces, like, the fight against antimicrobial resistance, and sepsis prevention and surveillance. Furthermore, they have a prime role in the control, prevention and surveillance of pandemics. These tests examine biological samples such as saliva, blood, skin, urine, etc., taken from patients; determine the existence of any type of viruses, bacteria, parasites or fungi along with any other secreted substances by an individual.

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Medical diagnostics is a process of carrying out diagnostic tests by making use of analysing reagents, apparatuses and systems to ascertain a pathological condition or a disease in a laboratory. The Medical Diagnostics Market has remarked significant demand in the recent years and is foreseen to grow tremendously in the forthcoming years.

The global market for medical diagnostics is predicted to capture major share in the future as these diagnostic tools are user-friendly and are superiorly accessible. The increasing acceptance and use of point-of-care (POC) tests and with the introduction of biomarker-based tests globally, this market is sure to gain popularity during the forecast period. Patients and healthcare facilities are working towards empowering early detection of diseases by currently decentralizing their facilities, to provide medical services remotely and at controlled costs. As these diagnostic tools are easily available and simple to use, the market for medical diagnostics is anticipated to gain significant traction over the forecast period.

Market Classification:
POC diagnostics
Molecular diagnostics
Hematology devices
Tissue diagnostics
Clinical microbiology systems

Product Outlook and Trend Analysis:
The product based segment of medical diagnostic market has been segmented into POC diagnostics, Molecular diagnostics, Hematology devices, Tissue diagnostics and Clinical microbiology systems. It is estimated that the POC testing segment is anticipated to grow at the most elevated CAGR over the forecast period. This segment is anticipated to grow at a rate of approximately 12% due to its ability to curtail the clinical operating time and reduce the number of visits to the clinic.

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Table of Contents:
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
5.Medical Diagnostic Market, By Product
5.2.Global Medical Diagnostic Sales, Revenue and Market Share by Product (2014-2018)
5.2.1.Global Medical Diagnostic Sales and Sales Share by Product (2014-2018)
5.2.2.Global Medical Diagnostic Revenue and Revenue Share by Product (2014-2018)
5.3.POC Diagnostics
5.3.1.Global POC Diagnostics Sales and Growth Rate (2014-2018)
5.4.Molecular Diagnostics
5.4.1.Global Molecular Diagnostics Sales and Growth Rate (2014-2018)
5.5.Hematology Devices
5.5.1.Global Hematology Devices Sales and Growth Rate (2014-2018)
5.6.Tissue Diagnostics
5.6.1.Global Tissue Diagnostics Sales and Growth Rate (2014-2018)
5.7.Clinical Microbiology Systems
5.7.1.Global Clinical Microbiology Systems Sales and Growth Rate (2014-2018)
To be Continued…

Regional Outlook and Trend Analysis:
North America held the biggest share of the overall industry based on income attributable to expanding geriatric populace base, rising awareness in patients towards the importance of lab tests, accessibility of cost effective tests associated with chronic sicknesses, for example, hepatitis C and AIDS. Developing interest for healthcare benefits in developing markets and the nearness of highly neglected clinical testing needs have brought about advancement of beneficial opportunities for development of research facility testing market in rising economies, for example, China and India.

Competitive Insights:
The leading players in the market are Biomerieux, Beckman Coulter Diagnostics, Roche Qiagen, Amgenix International, BD, Cepheid, DiagCor, Hologic, Life Technologies, Randox Laboratories and Span Diagnostics.

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