PoCT Market for Blood Gas & Electrolyte and Cardiac Markers in India 2015
Netscribes’ latest market research report titled PoCT Market for Blood Gas & Electrolyte and Cardiac Markers Market in India 2015 states that the PoCT in India is still at a nascent stage and has tremendous potential. The PoCT segment for Blood gas & electrolyte tests in India is becoming increasingly popular as several hospitals are now realizing the importance of obtaining test results immediately while treating patients in the ICU or emergency wards. However, the PoCT segment for cardiac markers is still very nascent in the country with low penetration. However, in the last few years, the market has shown strong growth potential and aided by growing awareness among physicians regarding the benefits of these tests, the market is expected to exhibit strong growth in future.
The PoCT market for blood gas & electrolyte and cardiac markers is entirely import dependent and very few companies cater to this market. Although price pressures are being exerted by hospitals, the increase in sales volume will ensure a steady stream of revenue for the players.