The critical care diagnostics market is expected to grow by $ 1.83 bn, accelerating at a CAGR of almost 17.40% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Critical Care Diagnostics Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
Critical Care Diagnostics Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
Critical Care Diagnostics Market: Vendor Analysis
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.
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The critical care diagnostics market is expected to grow by USD 1.72 bn, decelerating at a CAGR of almost 17% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report
Critical Care Diagnostics Market: Segmentation by Application
This report provides a detailed analysis of the market by Application (Microbial and infectious disease testing, Hematology testing, Cardiac and lipid testing, Coagulation testing, and Others), Geography (North America, Europe, Asia, and ROW), and End-user (emergency care units, operating rooms, and ICUs). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.
Critical Care Diagnostics Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Abbott Laboratories, Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., Chembio Diagnostics Inc., Danaher Corp., EKF Diagnostics Holdings Plc, F. Hoffmann-La Roche Ltd., Quidel Corp., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
North America: Infectious disease segment to drive growth
North America had the largest market share in the critical care diagnostics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The data management and connectivity to EHRs through interoperability will significantly influence critical care diagnostics market growth in this region. 33% of the market’s growth will originate from North America during the forecast period with the US being the key market. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the critical care diagnostics market market size.
This market encompasses microbial and infectious disease testing, hematology testing, cardiac and lipid testing, coagulation testing, and others. With the spread of the pandemic, the Health Care industry in general and the critical care market in paritcular are expected to witness positive impact due to the spread of COVID-19 virus.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
Critical Care Diagnostics Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Abbott Laboratories, Becton, Dickinson and Co., bioMérieux SA, Bio-Rad Laboratories Inc., Chembio Diagnostics Inc., Danaher Corp., EKF Diagnostics Holdings Plc, F. Hoffmann-La Roche Ltd., Quidel Corp., and Siemens Healthineers AGare some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
Critical Care Diagnostics Market: Key Highlights of the Report for 2020-2024
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