The North America point of care diagnostics market is anticipated to reach USD 8.95 billion by 2024, according to a new report by Grand View Research, Inc. Incorporation of advanced information technology solutions coupled with the launch of innovative POC products with automation and ease of use is projected to influence market progression during the forecast period.
Moreover, the rising adoption rate of the POC devices in order to obtain quick results for immediate decision making for patient management is expected to provide the market with lucrative growth avenues. Additionally, the regulatory initiatives introduced for patient care management and rising prevalence of various diseases is attributive to boost demand for these products in the coming years.
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The presence of a favorable funding environment in the region is attributive to drive R&D in academic organizations and universities thereby resulting to industrial progress through to 2024.
North America Point of Care Diagnostics Market, By Product, 2013 – 2024 (USD Million)
Further key findings from the study suggest:
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Grand View Research has segmented North America point of care diagnostics market on the basis of product, end-use, and region:
North America Point of Care Diagnostics Outlook, by Product (Revenue, USD Million, 2013 – 2024)
North America Point of Care Diagnostics Outlook, by End-use (Revenue, USD Million, 2013 – 2024)
North America Point of Care Diagnostics Regional Outlook (Revenue, USD Million, 2013 – 2024)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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