The Poc Hba1C Testing Global Market Report 2023 by The Business Research Company, provides poc hba1c testing market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Poc Hba1C Testing Global Market Report 2023, the market size is expected to grow from$760.33 million in 2022 to $848.77 million in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of Poc hba1C testing is expected to grow from $1258.09 million in 2027 at a CAGR of 10.3%.
The increasing prevalence of diabetes is expected to propel the growth of the POC Hba1C testing market. Long working hours, less physical activity, and unhealthy eating and drinking habits are increasing the prevalence of diabetes. Diabetes can be diagnosed and monitored with point-of-care (POC) Hba1c assays, which can be utilized in community settings and healthcare facilities without laboratories.
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The poc hba1c testing market is segmented:
1) By Type Of Product: Instruments, and Consumables
2) By Technology: Ion-Exchange HPLC, Enzymatic Assay, Affinity Binding Chromatography, Turbidimetric Inhibition Immunoassay, and Other Technologies
3) By End User: Hospitals, Physician Office/Outpatient Centre, Home Care, and Other End Users
Technological advances are a key trend gaining popularity in the POC Hba1C testing market. Major players in the market are investing in developing advanced technologies to provide fast, accurate results in a short period thereby helping laboratories to manage the increase in demand for testing. For instance, Abbott, a US-based medical devices and health care company, introduced Afinion™ Hba1c Dx assay, an in vitro diagnostic test for the quantitative determination of Hba1c in human venous and capillary whole blood for use on the Afinion 2 Analyzer, and also Afinion AS100 Analyzer. The Afinion Hba1c Dx assay is the only rapid POC test cleared by the U.S. Food and Drug Administration (FDA) to assist healthcare professionals in diagnosing diabetes and also determining the patient’s risk of developing the disorder. The test provides reliable and accurate results of 1,2 glycatedhemoglobin in just three minutes, helping physicians to evaluate patients and enabling them to formulate individualized care plans during a single visit to the doctor`s office.
The poc hba1c testing market report table of contents includes:
1. Executive Summary
2. Poc Hba1C Testing Market Characteristics
3. Poc Hba1C Testing Market Trends And Strategies
4. Poc Hba1C Testing Market – Macro Economic Scenario
5.Global Poc Hba1C Testing Historic Market Size and Growth
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32. Global Poc Hba1C Testing Market Competitive Benchmarking
33. Global Poc Hba1C Testing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Poc Hba1C Testing Market
35. Poc Hba1C Testing Market Future Outlook and Potential Analysis
36. Appendix
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