Point of Care Testing Market to be US$ 36 Billion by 2024

  • 6 years ago
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https://www.renub.com/point-of-care-testing-market-and-forecast-to-2016-global-analysis-158-p.php

Point of Care Testing Market is anticipated to be US$ 36 Billion, by 2024 experiencing a significant growth over the forecast period. The concept of Point of Care Testing (POCT), also known as bedside, near-patient testing and decentralized testing, relates to tests that are conducted by clinical operators at the site of patient care where immediate medical action is taken on the results. The fact that point of care (POCT) represents a departure from conventional laboratory medicine has created new opportunities in the field of diagnostics industry.

Point of Care Testing Market is expected to witness substantial growth due to rising incidence of chronic diseases; rapidly growing middle class population in developing countries like China & India, Continued Expansion of Point of Care Including Self Testing and New Evolution in Point of Care Testing further boosts the demand for the industry over the forecast period.

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