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… Read More »
Future Outlook of India Point of Care Testing Devices Market: Ken Research India’s POCT Market is in the growing stage, being driven by rising investments in healthcare infrastructure and technological advancements. Major players in the market are Abbot India, Roche Diagnostics, and Siemens Healthineers. Key Market Findings: India has the second-highest diabetic population in the world with 77 million people diagnosed with diabetes. Blood Glucose Testing kits… Read More »
Rising Investments in Healthcare Infrastructure and Technological Advancements will drive India’s POCT market growth in the coming years India ranks at number 7 amongst the 20 wellness tourism markets with millions of trips made to India, medical value tourism generated multi-billion in revenue in 2022. One of the nations where pricey medical procedures can be afforded is India. The cost of treatment in India is thought to be only 10% to 20% of what comparable procedures would cost in… Read More »
India POCT Market is forecasted to grow further into ~11,000 Crore opportunity by 2027F: Ken Research The increasing prevalence of chronic diseases and the rising awareness about their early diagnosis are some of the major factors contributing to the development of Point of Care Testing in India. The POCT market in India has grown consistently: The Indian POCT market was basically untapped in early 2000s. The medical community had very little… Read More »
India POCT Market Revenue is Expected to Reach over INR 4,000 Crore by FY ‘2023: Ken Research The elderly population in India is one of the target end-users for the home healthcare companies and overall POCT market in general. It has been anticipated that the elderly population in India will reach 146.1 Million by FY’2023E. More number of POCT devices will be connected to smartphones through mobile apps for easy access. The… Read More »
India POCT Market will be Driven by Increasing Prevalence of Chronic Diseases Coupled with Rising Elderly Population in the Country: Ken Research “Rapid Technological Innovations in Medical Devices coupled with Cost Reduction in health Checkups and Quick Diagnosis has driven the POCT Market in India” 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… Read More »
India POCT Market Outlook to 2023: Ken Research 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… Read More »