India POCT Market Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “India POCT Market Outlook to 2023 – By Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy, and Fertility Testing Kits, Cardio-Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits and Others), By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others), By Distribution Channel (Distributors and Direct Sales), By Consumables and Instruments and By Region” provides a comprehensive analysis of the Point of Care Testing Market of India. The report covers various aspects including market overview and evolution, Indian Health Statistics, Trade Scenario, trends and developments, issues and challenges, Porter’s five force analyses, customer decision parameters, funding, and M&A scenario in the industry, competitive landscape and government regulations. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. Market Overview India POCT market is at the growing stage. India POCT market in terms of revenue has increased at a positive CAGR during the period FY’2013-FY’2018. This growth was supported by advancement in medical knowledge and R&D along with an increase in the prevalence of chronic diseases amongst the Indian population in recent years. The customers in the market are becoming more aware of their health with time which has further boosted the demand for POCT devices in the country. There has been intense competition between the players in the India POCT market as more number of MNC’s is setting up their units in India owing to the allowance of 100% FDI in the country. The domestic production of POCT devices has been relatively low as compared to other countries. The POCT devices have led to a faster pace for treatment coupled with a reduction in the overall health checkup expenditure. India POCT Market Segmentation By Major Devices: Blood Glucose Testing kits accounted for the highest share for the FY’2018. This testing kit is a device used on a routine basis to monitor glucose levels for people at home or for patients under permanent glycemic control requirements. Increase in the rate for infectious and communicable diseases in the country have also generated the need for Infectious diseases testing kits, which stand second to the blood glucose testing kits. On the other hand, the third largest share was accounted for by blood gas electrolytes kits which further followed by pregnancy & fertility testing kits, cardiometabolic monitoring kit, anticoagulant management kit, and others. By End Users: The hospitals and clinics accounted for the highest market share in India POCT market in FY’2018 amongst the considered end users owing to the lack of diagnostic labs and central laboratories along with the cost and time involved in conducting different tests through diagnostic laboratories. The individuals usually use POCT devices for Blood glucose testing, pregnancy testing, and HIV self-testing as these devices are simple to use and are handy due to which consumer/individuals accounted for the second highest market share in the end user a segment which is further followed by the diagnostic labs, home healthcare, and others. By Consumables and Instruments: In India POCT market consumables accounted for the majority of the market share in FY’2018. This is largely due to HbA1c, Pregnancy, Cholesterol, and Drug of Abuse POCT devices utilize consumables on large scale for diagnostics. On the other hand, Instruments although comprising of much costlier components captured a smaller market share in FY’2018 due to longer replacement/repurchase cycle. By Distribution Channel: The sale of POCT devices through distributors plays a key role in the overall POCT a market in India constituting a maximum market share in FY’2018. The distributors accounted for a double-digit margin on the sale of these devices. On the other hand, direct sales in case of POCT devices is minimal as compared to the sales through distributors as a majority of the POCT companies do not contact them, clients, directly and rather prefer using a medium to sell their products owing to the high cost involved. By Region: It has been observed that amongst the considered cities, sale of POCT devices is the highest in Delhi followed by Chennai in FY’2018 as these are the hub for medical care. Also, the people residing in these cities have a higher personal disposable income as compared to other cities. Lack of awareness and acceptance by the people in Tier 2 and Tier 3 cities justifies its lower market share in FY’2018. Competitive Landscape The India POCT market is moderately concentrated. In FY’2018, it has been observed that there are more than 60 players which are operating in the India POCT market, out which Abbott India has the highest market share on the basis of revenue in FY’2018. This was followed by Roche Diagnostics, Danaher Corporation, J Mitra & co., Trans Asia Biomedical and others. These market players compete in the POCT market in India on the basis of Cost, Expertise, Brand, Ease of Use, and Key Products Offered. India POCT Market Future Outlook In the future, it has been anticipated that India POCT market will increase at a double digit CAGR during the period of FY’2018– FY’2023E in terms of revenue. India POCT market is expected to grow at an enormous rate owing to factors such as compactness, portability and its usage by the non-laboratory personnel in the purview of getting faster results. Increasing demand for POCT devices in the country largely from the elderly population which is one of the major targets end users for the home healthcare companies and overall POCT market in general. Launch of various new products in different product genre is anticipated to expand the target audience. In addition to this, India has been a country with one of the highest diabetes prevalence rates in the world. This will lead to an opportunity for POCT companies to provide efficient solutions for the problem. Key Segments Covered:- By Major Devices Blood Glucose Testing Kits Infectious Disease Testing Kits Blood Gas Electrolytes Pregnancy and Fertility Testing Kits CardioMetabolic Monitoring Anticoagulant Management Cholesterol Testing Kits Others By End Users Hospitals & Clinics Consumers/ Individuals Diagnostic Labs Home Healthcare Others By Distribution Channel Distributors Direct Sales By Region Tier 1 Cities Tier 2 Cities Tier 3 Cities By Consumables and Instruments Key Target Audience Point of Care Companies Hospitals & Clinics Government organizations Medical Devices and Equipment companies Home Healthcare Companies Time Period Captured in the Report:- Historical Period: FY’2013-FY’2018 Forecast Period: FY’2018-FY’2023 Companies Covered:- Abbott India Limited Roche Diagnostics Siemens Healthcare Private Limited Beckman Coulter India Pvt. Ltd. J Mitra & Co. Pvt. Ltd. Trans Asia Biomedical Radiometer India Bio Rad Laboratories DiaSys India EKF Diagnostics Renesas Electronics Triviton Healthcare Private Limited Becton Dickinson India Private Limited India Medtronic Private Limited Key Topics Covered in the Report:- Executive Summary Research Methodology Value Chain Analysis of India POCT Market Indian National Health Account Statistics Market Overview and Genesis of India POCT Market India POCT Market Size for the FY’2013- FY’2018 India POCT Market Segmentation by Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy, and Fertility Testing Kits, Cardio-Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits, and Others) India POCT Market Segmentation By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others) India POCT Market Segmentation By Consumables and Instruments India POCT Market Segmentation By Distribution Channel (Distributors and Direct Sales) India POCT Market segmentation By Region (Tier 1, Tier 2 and Tier 3 Cities) Government Regulations in the India POCT Market Porter’s Five Force Analysis for India POCT Market Competition Parameters in India POCT Market Company Profiles of Major Players in the India POCT Market Strength and Weaknesses of Major Players in the India POCT Market Funding and M&A Scenario in the India POCT Market Trade Scenario in the India POCT Market Trends and Developments in the India POCT Market Issues and Challenges in the India POCT Market Upcoming Technologies in the India POCT Market Customer Decision Parameters in the India POCT Market India POCT Market Size- Future Outlook and Projections for the FY’2018- FY’2023E Analysts Recommendations for the India POCT Market For More Information on the Research Report, Refer To Below Link:- India POCT Market Outlook Related Reports by Ken Research:- India Home Healthcare Market Outlook To 2023 – By Patient Profile (Elderly Care, Physiotherapy, Stroke Rehabilitation, Wound Care And Others); By Organized (Subscription And Non-Recurring Model) And Unorganized, By Major Cities India Diagnostic Laboratories Market Outlook To 2021 Growing Prevalence Of Diseases And Launch Of Technologically Advanced Procedures To Drive Growth Europe POCT Devices Market Outlook To 2022 – By Geography (Western Europe & Eastern Europe), By Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1ac POCT & Drugs Of Abuse POCT), By Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units And Homecare & Patients) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Abbott India Limited India POCT, Acute Care Testing India, Anticoagulant Management Devices India POCT, AYUSH Registered Doctors India, Beckman Coulter India Pvt. Ltd. POCT, Bio Rad Laboratories India POCT, Blood Gas Testing India POCT, Blood Glucose Monitoring System Market, Cardiometabolic risks in India, Competition Scenario India POCT, Danaher Corporation India POCT, Diabetes Prevalence Rate India, Diabetic Population in India, DiaSys India POCT Testing Device Market, Government Regulations Medical Devices India, Health Statistics India, Hematology Testing India POCT, Immunoassay Analyzers India, In Vitro Diagnostics (IVD) India, India Blood Glucose Testing Devices, India Cardiometabolic Diseases Market, India Diagnostic Equipment Market Size, India POCT Device Industry, India POCT Device Market, India POCT Devices Export, India POCT Devices Import, India POCT Industry Research Report, India POCT Issues and Challenges, India POCT Market Research Report, India POCT Porter’s Five Forces Analysis, India POCT Strength and Weaknesses, India POCT Testing Device Future, India POCT Trends and Developments, India Point of Care Diagnostics Market, India Point of Care Testing, India Point of Care Testing Device Industry, India Point of Care Testing Device Market, India Point of Care Testing Industry, India Point of Care Testing Industry Report, India Point of Care Testing Industry Research Report, India Point of Care Testing Market, India Point of Care Testing Market Analysis, India Point of Care Testing Market Future Outlook, India Point of Care Testing Market Growth Forecast, India Point of Care Testing Market Overview, India Point of Care Testing Market Report, India Point of Care Testing Market Research Report, India Point of Care Testing Market Revenue, India Point of Care Testing Market Share, India Point of Care Testing Market Size, India Rapid Diagnostic Market, India Rapid Diagnostic Testing, Infectious Disease Testing Kits India POCT, J Mitra & Co. Pvt. Ltd. India POCT, Make in India in POCT Devices, Mergers and Acquisitions India POCT companies, Number of Diabetes Patients India, Number of Doctors in India, POCT Companies India, POCT Consumables India, POCT Data Management Systems, POCT Instruments India, POCT Upcoming Technologies India, Point of Care Testing in India, Point of Care Testing Industry in India, Point of Care Testing Industry India, Point of Care Testing Market in India, Point of Care Testing Market India, Pregnancy and Fertility Testing Kits India POCT, Pregnancy Test Kits Market India, Rapid Diagnostic Kit Market India, Roche Diagnostics India POCT, Siemens Healthineers India POCT, Trade Scenario India POCT, Trans Asia Biomedical India POCT, Urinalysis Testing Devices India POCT