Decoding the developing trends of the India POCT Market : Ken Research

The POCT market in India is expanding. In terms of revenue, the India POCT market grew at a positive CAGR between FY’2013 and FY’2018. Medical research and development advances, as well as the recent rise in the frequency of chronic diseases among the Indian population, all contributed to this surge. The demand for POCT devices in the nation has increased as a result of consumers becoming more conscious of their health over time.
In this segment, we will decode the growing trends of the POCT industry in India and discuss them in detail. So, let’s dive in.

1. India POCT market is still in its nascent stage, Demand for home-based healthcare devices and remote patient monitoring has aided to the growth of the market

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2. Growing trend of automation and modernization of laboratories and hospitals will further lead to future opportunities in the POCT market, leading to increased number of new entrants

3. Currently, Growing awareness, telemedicine, rise in chronic and infectious diseases, and growing healthcare infrastructure are the major factors impacting the growth of India’s POCT Market

4. However, lack of Infrastructure, regulatory challenges, quality control, and data privacy are major reasons which directly affect the India POCT Market

5. But, the Indian government has taken a number of steps to promote the use of Point-of-Care Testing (POCT) devices and to ensure the quality of tests performed by them

Some of the Intelligence Curated by Ken Research in POCT Market Space:

• 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)
• India Next-Generation Oncology Devices and Solutions Market Outlook to FY’2027 Increasing Prevalence of demand for Oncology Services, Emerging Technologies in Oncology Testing and Treatment and Increasing Disease Awareness to drive the Market
• KSA Medical Devices Market Outlook to 2026 –Driven by increasing prevalence of chronic diseases, growing healthcare awareness and rising healthcare budget in the country
• Global Neuroprosthetics Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Type (Output Neural Prosthetics, and Input Neural Prosthetics), Technique (Deep Brain Stimulation, Vagus Nerve Stimulation, Spinal Cord Stimulation, and Sacral Nerve Stimulation), Application (Motor Neural Prosthetics, Physiological Disorders, and Cognitive Disorders), and Region (North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA))
• Global Immunoassays Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type (Reagents & Kits, Analyzers/Instruments, and Software & Services), Application (Cardiology, Oncology, Autoimmune Diseases, Infectious Diseases, and Others), Technology (Radio immunoassay (RIA), Enzyme Immunoassays (EIA) or Enzyme-Linked Immunosorbent Assays (ELISA), Fluoro immunoassay (FIA), Chemiluminescence Immunoassay(CLIA) and Others), By End User (Hospitals & Clinics, Clinical Laboratories, Pharmaceuticals & Biotech Companies, Blood Banks, Academic Research Centers, and Others) and Regions (North America, Asia Pacific, Europe, Latin America, Middle East and Africa)

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India POCT market

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