Global POC Cardiovascular Diagnostic Market 2018-2022

The global POC cardiovascular diagnostic market is forecasted to reach a value of over USD 1.3 billion by 2022, driven by factors such as increase in geriatric population all over the world. This study provides an extensive analysis of the market by covering all aspects that are likely to make an impact on the growth of the industry. This market research report critically examines the competitive landscape and includes some leading vendors of POC cardiovascular diagnostics that include like Abbott, bioMérieux, and Danaher.

Here are some key facts about the POC cardiovascular diagnostic industry in Technavio’s market research report

Rising population of elderly people is driving the market growth

Technavio’s analysts have identified the increasing geriatric population as the major factor to drive the growth of POC cardiovascular diagnostic during the forecast period. This increase in the older population will have extensive implications on the public health systems in various countries which is likely to drive the demand for point of care testing, especially for cardiovascular diagnostic. The growing use of non-invasive or minimally invasive devices is an emerging trend in the healthcare industry and is forecasted to make a favorable impact on the demand for POC cardiovascular diagnostic equipment across the globe.

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Abbott, bioMérieux, and Danaher are among the leading vendors of POC cardiovascular diagnostic equipment

Many non-traditional healthcare companies are focusing on developing point of care testing devices for cardiovascular diagnostics as it is known to offer rapid results. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this POC cardiovascular diagnostic industry analysis report will aid clients to identify new growth opportunities and design innovative strategies for business expansion.

The report offers a complete analysis of some leading point of care diagnostics companies:

• Abbott
• bioMérieux
• Danaher
• F. Hoffmann-La Roche
• Siemens

The Americas will be the largest driver of growth for point of care testing for cardiovascular diagnosis

Technavio’s market research report covers the following regions:

• The Americas
• EMEA
• APAC

More than 42% of the market’s incremental growth is expected to come from the Americas over the next five years, followed by EMEA and APAC. According to the Organization for Economic Co-operation and Development (OECD), over 41% of the US population is suffering from at least one CVD ailment. The Americas are forecasted to continue dominating the market by the end of 2022, while APAC will witness a higher rate of incremental growth than EMEA during the next five years.

Key highlights of the global POC cardiovascular diagnostic market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the POC cardiovascular diagnostic market during the next five years
• Precise estimation of the POC cardiovascular diagnostic market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the POC cardiovascular diagnostic industry across various geographies such as the Americas, EMEA, and APAC
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of POC cardiovascular diagnostic companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global POC cardiovascular diagnostic market and its stakeholders over the forecast years.

Technavio’s analysts for the POC cardiovascular diagnostic market have also considered how the performance of other related markets in the vertical will impact the size of this market until 2022. Some of the markets most likely to influence the growth of the POC cardiovascular diagnostic market over the coming years are the POC infectious diseases market and the POC molecular diagnostics market.

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