The heart failure POC & LOC devices market is expected to grow from USD 52.75 million in 2019 to USD 175.35 million by 2027, at a CAGR of 16.2% during the forecast period 2020-2027.
Devices that are used to obtain diagnostic results with the patients or close to the patients is known as point-of-care devices, and a device that integrates several laboratory functions on a single circuit to achieve automation and high throughput screening is known as lab-on-chip. For the diagnosis of heart failure, POC tests are available, and LOC device technology is applicable for both POC and central lab testing. POC testing detects cardiac markers and other time-critical parameters for addressing the challenges of health disparities.
The factors driving the market are R&D towards the development of the novel LOC-based assays for diagnosis of cardiovascular diseases, and high potential to improve disease diagnosis with respect to ease-of-operation, cost-effectiveness, throughput, and analysis. Availability of POC tests for heart failure diagnosis is creating opportunities to establish substantive position in the market. Factor that restraints the market growth is the absence of a well-defined reimbursement for the POC devices equipped with cartridge that carries out multiple tests.
This study delivers a comprehensive analysis of type, technology, end-user, and region. The type segment includes metabolomic testing, proteomic testing, and genomic testing. The genomic testing type segment is expected to witness significant growth, owing to technological advancement in omics studies that encourage research with regard to establishing the role of genomics. It also helps in the identification of novel biomarkers and assays to predict the risk of heart attack. Based on technology, the market is segmented into array-based systems, microfluidics, and others. The microfluidics technology segment is anticipated to witness significant growth, as it allows miniaturization and integration of most functional protocols employed in central laboratories into a portable chip. It offers benefits like rapid turnaround time and less consumption of reagents. Other factors like growing advances in microfluidics technique and efficiency in liquid manipulation at a high level is expected to drive the market. The end-user segment includes hospitals, home, clinics, laboratory, assisted living healthcare facilities. Clinic end-user segment holds the largest share in the market, as the clinics are employing POC devices at a major scale for timely diagnosis to make informed decisions for treating heart failure.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America region dominates the market, owing to the major participation of the U.S. in contributing substantial organic growth in the hearth failure POC & LOC device market. The Asia-Pacific region is expected to grow, owing to the shift in focus from infectious to chronic diseases such as cardiac ischemia, coronary syndrome, and myocardial infarction. Rising standards for medical practice and developing state-of-the-art infrastructure is expected to fuel the market in the Asia-Pacific region.
Some of the notable players in the market are Abaxis, Inc., Danaher, Siemens Healthineers, Quidel Corporation, Abbott, Jant Pharmacal Corporation, Trinity Biotech, F. Hoffmann-La Roche Ltd., Instrumentation Laboratory, Siemens Healthineers, bioMérieux S.A. In February 2019, ROYAL Philips had a collaboration with Saudi Arabia’s Ministry of Health to offer integrated Cardiovascular Information System that would enable the availability of medical information of any patient.
Heart Failure POC & LOC Devices Market Analysis and Forecast, by Type
Heart Failure POC & LOC Devices Market Analysis and Forecast, by Technology
Heart Failure POC & LOC Devices Market Analysis and Forecast, by End-User
Heart Failure POC & LOC Devices Market Analysis and Forecast, by Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Technology
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Heart Failure POC & LOC Devices Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Metabolomic Testing
6.3. Proteomic Testing
6.4. Genomic Testing
7. Global Heart Failure POC & LOC Devices Market Analysis and Forecast, By Technology
7.1. Segment Overview
7.2. Array-Based Systems
7.3. Microfluidics
7.4. Others
8. Global Heart Failure POC & LOC Devices Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Hospitals
8.3. Home
8.4. Clinics
8.5. Laboratory
8.6. Assisted Living Healthcare Facilities
9. Global Heart Failure POC & LOC Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Heart Failure POC & LOC Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Heart Failure POC & LOC Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Abaxis, Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Danaher
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Siemens Healthineers
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Quidel Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Abbott
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Jant Pharmacal Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Trinity Biotech
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. F. Hoffmann-La Roche Ltd.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Instrumentation Laboratory
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. BioMérieux S.A
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
2. Global Metabolomic Testing In Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
3. Global Proteomic Testing In Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
4. Global Genomic Testing In Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
5. Global Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
6. Global Array-Based Systems Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
7. Global Microfluidics Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
8. Global Others Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
9. Global Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
10. Global Hospitals Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
11. Global Home Heart Failure POC & LOC Devices Market, By Region, 2017–2027 (USD Billion)
12. Global Clinics Heart Failure POC & LOC Devices Market, By Region, 2017–2027 (USD Billion)
13. Global Laboratory Heart Failure POC & LOC Devices Market, By Region, 2017–2027 (USD Billion)
14. Global Assisted Living Healthcare Facilities Heart Failure POC & LOC Devices Market, By Region, 2017–2027 (USD Billion)
15. Global Heart Failure POC & LOC Devices Market, By Region, 2017–2027(USD Billion)
16. Global Heart Failure POC & LOC Devices Market, By North America, 2017–2027(USD Billion)
17. North America Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
18. North America Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
19. North America Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
20. U.S. Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
21. U.S. Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
22. U.S. Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
23. Canada Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
24. Canada Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
25. Canada Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
26. Mexico Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
27. Mexico Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
28. Mexico Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
29. Europe Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
30. Europe Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
31. Europe Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
32. Germany Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
33. Germany Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
34. Germany Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
35. France Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
36. France Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
37. France Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
38. U.K. Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
39. U.K. Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
40. U.K. Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
41. Italy Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
42. Italy Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
43. Italy Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
44. Spain Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
45. Spain Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
46. Spain Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
47. Asia Pacific Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
48. Asia Pacific Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
49. Asia Pacific Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
50. Japan Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
51. Japan Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
52. Japan Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
53. China Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
54. China Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
55. China Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
56. India Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
57. India Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
58. India Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
59. South America Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
60. South America Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
61. South America Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
62. Brazil Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
63. Brazil Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
64. Brazil Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
65. Middle East and Africa Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
66. Middle East and Africa Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
67. Middle East Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
68. UAE Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
69. UAE Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
70. UAE Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
71. South Africa Heart Failure POC & LOC Devices Market, By Type, 2017–2027(USD Billion)
72. South Africa Heart Failure POC & LOC Devices Market, By Technology, 2017–2027(USD Billion)
73. South Africa Heart Failure POC & LOC Devices Market, By End-User, 2017–2027(USD Billion)
List of Figures
1. Global Heart Failure POC & LOC Devices Market Segmentation
2. Heart Failure POC & LOC Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Heart Failure POC & LOC Devices Market Attractiveness Analysis By Type
9. Global Heart Failure POC & LOC Devices Market Attractiveness Analysis By Technology
10. Global Heart Failure POC & LOC Devices Market Attractiveness Analysis By End-User
11. Global Heart Failure POC & LOC Devices Market Attractiveness Analysis By Region
12. Global Heart Failure POC & LOC Devices Market: Dynamics
13. Global Heart Failure POC & LOC Devices Market Share By Type (2019 & 2027)
14. Global Heart Failure POC & LOC Devices Market Share By Technology (2019 & 2027)
15. Global Heart Failure POC & LOC Devices Market Share By End-User (2019 & 2027)
16. Global Heart Failure POC & LOC Devices Market Share by Regions (2019 & 2027)
17. Global Heart Failure POC & LOC Devices Market Share by Company (2019)
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