Cardiac PoC Testing Devices Market Professional Inspection Report 2017-2025

Cardiac PoC Testing Devices Market Size,
Share, Trend, Outlook, Future Growth
Analysis And Synthesis By 2026
Cardiac POC testing is a heart-related diagnostic test, which is carried out at or near the point-of-care of
a patient. POC testing is a blood diagnostic test involved in detection of cholesterol and blood
coagulation. This diagnosis helps physicians to examine the risk of developing thrombosis and extreme
bleeding inside blood vessel, which leads to cardiac arrest. Moreover, cardiac POC includes troponin and
brain natriuretic peptide analysis test to identify cardiovascular disorders such as coronary artery disease,
myocardial infarction, and heart failure. Cardiac POC test significantly lowers time consumed in
extracting data/reports. In most cases, diagnosis reports are provided within an hour after the submission
of test samples. Thus, cardiac POC tests help reduce turnaround time noticeably, allowing instant patient
response and effective management of cardiac diseases.
According to the World Health Organization (WHO) 2016, one-third of ischemic heart disease cases are
observed due to high cholesterol levels. Increase in cholesterol and blood coagulants in blood arteries,
are estimated to cause cardiac disorders. For instance, according to WHO, 2016, over 2.5 million deaths
and around 29 million individuals were recorded to be suffering from cardiac disorders. The cardiac POC
testing device provides easy-to-use system with the correct assessment of cholesterol levels and heart
ailments.
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The global cardiac POC testing market is estimated to be valued at US$ 2,104.1 million in 2017 and is
expected to witness a CAGR of 7.1 % during the forecast period (2017 – 2025).
Market Dynamics
The market for cardiac POC testing devices is gaining significant traction due to rising prevalence of
cardiac disorders. According to World Health Organizations (WHO), 2011, around 8 million people
suffered from coronary and peripheral heart diseases, which recorded the major cause of all the deaths,
accounting for around 44% of total deaths in the U.S. Technological innovations and developments of
cardiac POC testing devices are contributing to the market growth. For instance, the FDA approval of
Firmware software in August 2017, launched by Abbott Laboratories is embedded in the hardware of a
cardiac testing device. With this device, the cardiac rhythm can be easily monitored as well as control
for the people at high-risk. However, lack of operating knowledge and economic instability in emerging
economies are the factors restraining the market growth.
Report includes chapters which deeply display the following deliverable about industry :
• Cardiac PoC Testing Devices Market Research Objective and Assumption
• Cardiac PoC Testing Devices Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Cardiac PoC Testing Devices Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Cardiac PoC Testing Devices Market, By Regions
• Cardiac PoC Testing Devices Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Cardiac PoC Testing Devices Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Cardiac PoC Testing Devices Market Manufacturing Cost Analysis including Key Raw Materials
and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Cardiac PoC Testing Devices Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Increasing prevalence of cardiac disorders significantly drives growth of the cardiac POC testing devices
market
According to the FH Foundation, a patient-centered organization devoted to research and
education of Familial Hypercholesterolemia (FH), 2015, 1 in 200-500 people suffered from
familial hypercholesterolemia worldwide. With increasing population, this number expected to
increase in the future, thereby leading to growth in demand for testing cholesterol levels in
individuals. This in turn, is expected to propel the overall growth of the cardiac POC testing
devices market. According to the World Health Organization 2013, around 33.5 million of the
global population was estimated to have suffered from coronary artery disease, a major
condition leading to heart attack. The growing prevalence of cardiovascular ailments is expected
to increase the demand for cardiac POC testing devices, in turn, driving growth of the market.
Competitive Landscape
Key companies covered as a part of this study include Abbott Laboratories, Siemens Healthineers, BG
Medicine Inc., Roche Diagnostics, Nexus-Dx, LifeSign LLC., and Medtronic Inc.
Detailed Segmentation:
Global Cardiac POC Testing Device Market, By Product Type:
- Cardiac Markers Test
•
Cardiac Troponin (cTn) Test
•
Myoglobin Test
•
Creatine Kinase MB Isoenzyme (CK-MB) Test
•
Combinational Test Kits
•
Brain Natriuretic Peptide (BNP) Test
- Analyzers
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The global cardiac POC testing market is estimated to be valued at US$ 2,104.1 million in 2017 and is expected to witness a CAGR of 7.1 % during the forecast period (2017 – 2025).