Medical Devices Market Forecasts

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0 likes : 5 views : December 07, 2017

According to a new research report available onRadiant Insights, Inc., the point-of-care testing (POCT) devices market is estimated to experience substantial growth during the forecast period (from 2017 to 2022). POCT devices allow diagnostic testingand various functions at the time and place of patient care, such as at home, in the hospital, or at a clinic. A portable electrocardiogram device is the best example of a POCT device,whichallows physicians to check patients at their bedside and make quick decisionsregarding their treatment.

Nanomix Inc. recently developed a new handhelddevice called Nanomix eLab.This diagnostic instrument provides test results in just 10 minutes after taking a single patient sample (plasma, serum, or blood), without requiring any sample prep. The company claims the new device is the fastest diagnostic test panel intended for assessing patients with sepsis.

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Current diagnostic tests for sepsis usually take a few hours and may also need the help of several other instruments. However, the Nanomix eLab is said to overcome such limitations of current systems. The device provides multiple testing applications that can enhance patient outcomes and lower overall costs of healthcare.

Factors such as rising occurrence of infectious diseases, changing lifestyles, and increasing preference for home healthcare settings are projected to boost the overall growth of the POCT devices market in U.S. In addition, strong presence of key device manufacturing companies in this region is projected to augment market growth over the next few years.

Browse Full Report With TOC @ https://www.radiantinsights.com/research/united-states-point-of-care-testing-poct-devices-industry-2017

Siemens Healthineers; ACON Laboratories, Inc.; Abaxis, Inc.; Abbott Laboratories; Alere, Inc.; and F. Hoffmann-La Roche AG are some of the major companies in the U.S. market. In this highly competitive market, leading companies follow some strategies to retain their top position. These strategies include mergers and acquisitions and product portfolio and regional expansions.Constant research and development of advanced POCTinstruments in terms of functionality, technology, and design is also an important growth strategy.

Radiant Insights, Inc. provides syndicated and personalized research reports, as well as consulting services, for a wide variety of industries such as Technology, Chemicals, Materials, Energy, and so on.

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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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