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Point Of Care Diagnostics Market Trends, Size, Segments and Forecast to 2022

Point Of Care Diagnostics Market Trends, Size, Segments and Forecast to 2022

The point of care diagnostics market report highlights the productive growth of the industry in the given forecast period.

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145 views • 9 slides
Point of Care Diagnostics Market is expected to garner $43,336 million by 2022

Point of Care Diagnostics Market is expected to garner $43,336 million by 2022

Access the full summary @ https://www.alliedmarketresearch.com/point-of-care-diagnostics-market Rising prevalence of various infectious diseases and several initiatives implemented by government and non-government associations for rise in health awareness around the world are the factors majorly driving the point of care diagnostics market growth. The technological advancements in point of care diagnostic devices, introduction of home-based point of care devices; and increase in healthcare expenditure also support the growth of the global point of care diagnostics market. However, stringent government regulations for the product approval and reimbursement issues for the point of care devices restrict the market growth.

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Global Point of Care (POC) Diagnostic Market is projected to reach USD 750.4 million by 2025, growing at a CAGR of 11.2%

Global Point of Care (POC) Diagnostic Market is projected to reach USD 750.4 million by 2025, growing at a CAGR of 11.2%

The POC diagnostics industry has been expected to be a part of paradigm shift from curative medicine to predictive, preemptive and personalized medicine. POC diagnostic tests are either antibody-based or microbial particle-based, assisting in decreasing the interval between diagnosis and treatment of a disease.

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