TechNavio today launched its report Global Point of Care Devices Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”Glucose meters are one of the major devices from which the Global Point of Care (POC) Devices market gains the maximum revenue. Although doctors and healthcare professionals prefer core laboratory tests, the market is witnessing a new trend where these meters are being used extensively in hospitals due to their higher accuracy rate. This is because of the significant increase in the number of diabetic patients around the world in the last five years.”
According to the report, with developing technology, POC devices have become scientifically more advanced and sophisticated. Many innovative features have been added to POC devices so that they can generate better and more precise results. In recent years, a variety of easy-to-use portable and static devices have been developed. Thus, innovative products are appearing in the Global POC Devices market. This motivates patients to opt for new tests which were not possible through POC devices a few years ago.
Further, the report also discusses that the increase in product recalls because of manufacturing errors is adversely affecting the brand image of the vendors and inhibiting the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://goo.gl/sAZrc
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TechNavio Announces the Publication of its Report – Global Point of Care Devices Market 2011-2015
