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Upcoming Allied Market Research
2021
Point Of Care Lipid Test Market

Point of Care lipid Test Market By Product (Consumables and Instruments), Application (Hyperlipidemia, Hypertriglyceridemia, Hyperlipoproteinemia, Tangier Disease, Familial Hypercholesterolemia, and Others), Mode (OTC-based Testing and Prescription-based Testing), and End User (Hospitals, Clinics, Research & Diagnostic Laboratories, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Dec 2021 | 54 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Point Of Care Lipid Test Market

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Points of care (POC) tests are clinical trials that are used to outline chronic complications inside a patient’s body. They help to analyze the issues inside within no time and decrease one's length of stay in the clinic. The point of care tests thus provide healthcare professionals with enough time to analyze the syndrome and provide adequate clinical assistance to the patients.

Lipid level in the blood can be estimated by point-of-care lipid testing, which is utilized to gauge cholesterol, low thickness lipoprotein, high thickness lipoprotein, and fatty oils. The amount of time invested in treatment and post-surgical care of a patient in medical clinics, facilities, ambulances, and patient homes is essentially decreased with POC tests. Prevalence of POCT is expanding due to practicality, accommodation, and potential to work under efficient environment. These tests are by and large dependent on two location strategies, which include neutralizer based and microbial molecule based. A medical specialist administers the test, examination is performed, and in conclusion the outcomes are recorded.

Market Scope and Structure Analysis

Report Metric

Details

   Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Product, Application, Mode, End User, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, and LAMEA

  Companies Covered

Abbott., Abaxis, PTS Diagnostics, F. Hoffmann-La Roche Ltd, Samsung Medison Co., Ltd., Bio-Rad Laboratories, Inc., The Menarini Group, Nova Biomedical, AccuBioTech Co., Ltd., BD, Chembio Diagnostics, Inc., Danaher.,EKF DIAGNOSTICS HOLDINGS PLC, Johnson & Johnson Services, Inc., Quidel Corporation, Sekisui Diagnostics, Siemens, Trinity Biotech Ireland, Shubh Surgical & Pharmaceuticals, Sarita Surgical.

 

COVID-19 Impact Analysis
COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020. 
At the early phase of the COVID-19 pandemic, there was no availability of specific diagnostic tests to detect the disease in patients. Alternative diagnostic tests were used initially but were not much effective. This unavailability of specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global markets. These players achieved an edge over other diagnostics players capitalizing on the opportunity from demand for COVID-19 diagnostic tests, which, in turn, helps them in maintaining their revenues in such a crisis.
Owing to such factors, COVID-19 is expected to have a significant impact on the point of care lipid test market.
Top Impacting Factors
Rise in the awareness on medical therapeutics on a global scale has prompted rise of point of care (POC) lipid test market.
Rise in the number of patients suffering from chronic diseases such as diabetes and cardiovascular infections coupled with surge in geriatric population are expected to propel market growth.
Technological advancements in the field of pharmaceuticals and healthcare is anticipated to further boost market growth. 

However, rising costs associated with research and development of point of care (POC) lipid test may restrict the market development in economically and legally fragile regions with less purchasing parity.

Additionally, absence of pool of medical specialists associated with point of care lipid tests will limit the degree of market development.
Key Market Trends
Europe is expected to be dominating point of care (POC) lipid test market owing to high number of patients with cardiovascular diseases in the region coupled with presence of advanced medical infrastructure. Additionally, newly built medical offices in the region are bound to further enhance growth in the region.
Asia-Pacific is expected to witness huge gains in coming years, owing to rising geriatric population in the region coupled with inception pf favorable government policies and regulatory norms.
The Latin American market is dominated by regional players which have redesigned innovation paradigm as far as diagnostic tests are concerned. This coupled with growing awareness of diagnostic industry and its advantages is bound to propel the market growth in the region.
Key Segments Covered

Segment

Subsegment

  Product

  • Consumables
  • Instruments

  Application

  • Hyperlipidemia
  • Hypertriglyceridemia
  • Hyperlipoproteinemia
  • Tangier Disease
  • Familial Hypercholesterolemia
  • Others

  Mode

  • OTC-based Testing
  • Prescription-based Testing

  End User

  • Hospitals & Clinics
  • Research and Diagnostic Laboratories
  • Others

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

 

Key Benefits of the Report

  • This study presents the analytical depiction of the point of care lipid test industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the point of care lipid test market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the point of care lipid test market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the point of care lipid test market. 
  • The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Point of Care Lipid Test Market Report

  • Which are the leading players active in the point of care lipid test market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the point of care lipid test market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the point of care lipid test market?
  • What future projections would help in taking further strategic steps?
  • What are the impacts of COVID-19 in the industry?
  • What is point of care lipid test?
  • What is the point of care lipid test market prediction in the future?
  • What are the current trends and predicted trends?
 
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