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Point-of-Care Coagulation Testing Devices Market Growth Analysis by 2029

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Michael Jaikishan
Point-of-Care Coagulation Testing Devices Market Growth Analysis by 2029

Data Bridge Market Research analyses that the point-of-care coagulation testing devices market is growing at a CAGR of 5.21% in the forecast period of 2022-2029 and is likely to reach USD 1,331.254 million in 2029. Fast and specific testing of bodily liquids at the bedside is called Point-of-care testing (POCT). Conventional laboratory tests usually have a long turnaround time.

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The increasing number of bleeding disorders cases around the globe is the major factor accelerating the growth of the point-of-care coagulation testing devices market. Furthermore, Covid-19, rising preference of home treatment and usage of POCCT devices in the ICUs for rapid results are also expected to drive the growth of the point-of-care coagulation testing devices market. However, the high cost of these POCCT testing devices and need of professionals to use POCCT devices restrains the point-of-care coagulation testing devices market, whereas, several researches have declared the test results at the central laboratories to be more reliable than the tests by the POCCT devices will challenge market growth.

This point-of-care coagulation testing devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on point-of-care coagulation testing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

North America dominates the point-of-care coagulation testing devices market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to an increasing number of bleeding disorders among the population in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the high healthcare expenditure and technology advancement in this region.

Some of the major players operating in the point-of-care coagulation testing devices market report are F. Hoffmann-La Roche Ltd, Siemens AG, Beckman Coulter, Inc., BD, Johnson & Johnson Services, Inc., Instrumentation Laboratory, PTS Diagnostics, Abaxis, Medtronic, Accriva Diagnostics, Opti Medical, Sienco, Inc., Alpha Scientific Electronics, AccuBioTech Co., Ltd., ACON Laboratories, Inc., Acrongenomics Inc., bioMérieux SA, Biomerica, Inc., Binx Health, Inc., Alfa Scientific Designs, Inc., Bio-Rad Laboratories, Inc., Medica Corporation, Nova Biomedical among other.

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