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Global POC Lipid Testing Market 2017-2021

Global POC Lipid Testing Market 2017-2021

About POC Lipid Testing

Point-of-care (POC) lipid testing is used to measure the lipid level of the blood at a convenient place near the patient. The test also measures high-density lipoprotein (HDL), low-density lipoprotein (LDL), cholesterol, and triglyceride level of the blood. POC tests help reduce the time between the diagnosis and treatment of a disease. They are antibody-based or microbial particle-based detection methods. A healthcare professional or a nurse obtains the testing samples from a patient, performs the analysis, and records the result. These tests include enzyme-linked immunosorbent assays (ELISA), agglutination tests, and lateral flow immunochromatography.

Technavio’s analysts forecast the global POC lipid testing market to grow at a CAGR of 6.28% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global POC lipid testing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of various types of products that are used for treatment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global POC Lipid Testing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alere
  • F. Hoffmann-La Roche
  • Abaxis
Other prominent vendors
  • Accutech
  • Menarini Group
  • Bio-Rad
  • Biochemical Systems International
  • Eurotrol
  • General Life Biotechnology
  • Helena
  • Nova Biomedical
  • Randox
  • Samsung
  • Jant Pharmacal
  • SD Biosensor
Market driver
  • Increasing healthcare expenditure and reimbursements
  • For a full, detailed list, view our report
Market challenge
  • Rising cost of POC lipid testing
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of POC lipid testing in home-based healthcare settings
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global POC Lipid Testing Market 2017-2021

Technavio recognizes the following companies as the key players in the global POC lipid testing market: Alere, F. Hoffmann-La Roche and Abaxis.

Other Prominent Vendors in the market are: Accutech, Menarini Group, Bio-Rad, Biochemical Systems International, Eurotrol, General Life Biotechnology, Helena, Nova Biomedical, Randox, Samsung, Jant Pharmacal and SD Biosensor.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing adoption of POC lipid testing in home-based healthcare settings. Home healthcare is gaining popularity as it provides patients the type of care and attention that they need in their own homes. It is a completely uncomplicated process that is convenient for the geriatric population who cannot visit hospitals due to their health-related issues.”

According to the report, one driver in the market is increasing healthcare expenditure and reimbursements. An organized reimbursement structure in low and middle-income countries is an effective measure to reduce the healthcare out-of-pocket expenditure of individuals. There has been a continuous effort taken by governments to reduce the length of hospital stay and curb the healthcare expenditure. The average length of stay (ALOS) in hospitals is often seen as an indicator of efficiency. Therefore, improvements in technology with the provision of cheap and high-quality medical solutions are some of the factors that contribute to the growth of the global POC lipid testing market.

Further, the report states that one challenge in the market is rising cost of POC lipid testing. POC tests are associated with higher costs per test due to their faster TAT and consumable costs. However, normal testing of the lipid is much lower in cost. Normal testing costs around $34 and POC lipid testing costs around $150 globally. Thorough management of POC in lipid testing can be challenging as testing includes dozens of sites, different POC devices/kits, and operators, which have to be managed to assure quality. Larger facilities with numerous devices and locations often employ dedicated point-of-care coordinators (POCC) to ensure the proper usage of POC equipment and most errors occur in the analytical phase of testing, so trained staff are needed to collect the samples and the device has to be Food and Drug Administration (FDA) approved to carry out procedures to the highest analytical standards.

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 vendors. For further information on this report, please visit- https://www.technavio.com/report/global-poc-lipid-testing-market-2017-2021

Companies Mentioned

Alere, F. Hoffmann-La Roche, Abaxis, Accutech, Menarini Group, Bio-Rad, Biochemical Systems International, Eurotrol, General Life Biotechnology, Helena, Nova Biomedical, Randox, Samsung, Jant Pharmacal and SD Biosensor.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global POC lipid testing market: Key highlights 2016
    • Market size and forecast
      • Table Global POC lipid testing market 2016-2021 ($ millions)
      • Table Factors impacting market growth 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global POC lipid testing market by product
      • Table Market overview of global POC lipid testing market for consumables 2016
      • Table Global POC lipid testing consumables market 2016-2021 ($ millions)
      • Table Factors impacting growth of global POC lipid testing consumables market 2016-2021
      • Table Market overview of global POC lipid testing instruments market
      • Table Global POC lipid testing instruments market 2017-2021 ($ millions)
      • Table Growth factors for global POC lipid testing instruments market 2016-2021
  • Market segmentation by end-user
    • Market overview
      • Table Global POC lipid testing market by end-users 2016
    • Hospitals
    • Clinical diagnostic laboratories
    • Home healthcare settings
  • Geographical segmentation
    • Table Global POC lipid testing market segmentation by geography 2016
    • POC lipid testing market in Americas
      • Table POC lipid testing market in Americas: Overview
      • Table POC lipid testing market in Americas 2016-2021 ($ millions)
      • Table Americas: Market metrics in various countries
    • POC lipid testing market in EMEA
      • Table POC lipid testing market in EMEA: Overview
      • Table POC lipid testing market in EMEA 2016-2021 ($ millions)
      • Table Market metrics in various countries in EMEA
    • POC lipid testing market in APAC
      • Table POC lipid testing market in APAC: Overview
      • Table POC lipid testing market in APAC 2016-2021 ($ millions)
      • Table Market metrics in various countries in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Representation of healthcare expenditure in 2014 and 2015 for different countries
      • Table Duration of different POC lipid testing instruments to provide results
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Cost centralized lipid testing in laboratories in US
      • Table Comparison of costs for lipid testing per patient by different treatments
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
  • Vendor landscape
    • Competitive landscape
      • Table Competitive structure analysis of global POC lipid testing market 2016
      • Table Market share of top vendors in global POC lipid testing market 2016
      • Table Global POC lipid testing market: Competitive landscape 2016
      • Table Strategies for large and small companies in global POC lipid testing market
  • Key vendor analysis
    • Alere
      • Table Alere: Key highlights
      • Table Alere: Strength assessment
      • Table Alere: Strategy assessment
      • Table Alere: Opportunity assessment
    • F. Hoffmann-La Roche
      • Table F. Hoffmann-La Roche: Key highlights
      • Table F. Hoffmann-La Roche: Strength assessment
      • Table F. Hoffmann-La Roche: Strategy assessment
      • Table F. Hoffmann-La Roche: Opportunity assessment
    • Abaxis
      • Table Abaxis: Key highlights
      • Table Abaxis: Strength assessment
      • Table Abaxis: Strategy assessment
      • Table Abaxis: Opportunity assessment
    • Key companies to watch
  • Appendix
    • List of abbreviations
  • Explore Technavio

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