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Physician Office Diagnostic Testing Market

Physician Office Diagnostic Testing Market: Global Industry Analysis and Forecast 2016 - 2024

Physician Office Diagnostic Testing Market Segmented By Product Type such as Glucose Monitoring Kits, Cardiometabolic Monitoring Kits, Testing, Infectious Diseases Testing Kits, Coagulation Monitoring Kits, Pregnancy and Fertility Testing Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Cholesterol Test Strips, Hematology Testing Kits, Drugs of Abuse Testing Kits, Fecal Occult Testing Kits

Market Overview

Physician office diagnostic testing is similar to the point-of- care diagnostic testing which are carried out in physician’s office, hospital, home and others. Physician office diagnostic tests are basically carried out for urine analysis, urine pregnancy, blood occult, and glucose blood, pathology consultation during surgery and crystal identification by microscope.

Also there are some more test such as sperm identification and analyses, bilirubin total, blood gasses, complete blood count, bone marrow smear, blood bank services, and transfusion medicine.

The Physician office diagnostic testing market is driven by increasing prevalence of chronic conditions and increasing awareness of the role of physicians’ offices in decisions about testing. Factors such as increasing patient population base, rise in prevalence of lifestyle related disease and infectious disease are some key factors fueling the growth of the physician office diagnostic testing market.

According to the Centers for Disease and Control of Infection, in U.S., the incidence rate of chronic conditions such as heart disease, cancer, type 2 diabetes, obesity, arthritis and others are among the most common of all health problems. In 2012, 117 Mn people suffered from one or more chronic health conditions.

Chronic diseases are responsible for 7 of 10 deaths each year. Moreover factors such as cost effective products and growing population of immune compromised individuals and others is expected to drive the physician office diagnostic testing market during the forecast period.

Patient education program are conducted by government and companies for creating the awareness among the general population. However physician office diagnostic testing market has some restraints such as low adoption for these products, pricing pressure owing to reimbursement cuts may hinder the growth of the physician office diagnostic testing market.

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Market Segmentation

Product Type
  • Glucose Monitoring Kits
  • Cardiometabolic Monitoring Kits
  • Testing
  • Infectious Diseases Testing Kits
  • Coagulation Monitoring Kits
  • Pregnancy and Fertility Testing Kits
  • Tumor/Cancer Markers
  • Urinalysis Testing Kits
  • Cholesterol Test Strips
  • Hematology Testing Kits
  • Drugs of Abuse Testing Kits
  • Fecal Occult Testing Kits
  • Others
End User
  • Diagnostic Centers
  • Hospitals
  • Ambulatory Care Settings
  • Research Laboratories
  • Home Care

 

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Regional Outlook

North America followed by Europe is dominating the physician office diagnostic testing market as high prevalence of cardiac, infectious and other diseases, and favorable reimbursement options provided by governments which has provided platform for these products.

In Asia Pacific region the physician office diagnostic testing market is expected to deliver significant growth due to the high pool of geriatric population in this region and the growing government support to increase the adoption of these products is expected to further fuel market demand. Moreover the physician office diagnostic testing market is expected to become highly competitive due to the potential entrants in the market by the end of forecast period.

Market Research Methodology

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Key Players

Some of the major companies in the physician office diagnostic testing market are Siemens AG, Abbott Laboratories, Inc. Beckman Coulter, Inc., Johnson & Johnson Alere Inc., Nova Biomedical, Roche Diagnostics Limited, Becton, Dickinson and Company and others. The key strategy used by some players is increasing number of partnerships and joint ventures. 

  • Physician Office Diagnostic Testing Market Segments
  • Physician Office Diagnostic Testing Market Dynamics
  • Historical Actual Market Size, 2013 - 2015
  • Physician Office Diagnostic Testing Market Size & Forecast 2016 to 2024
  • Physician Office Diagnostic Testing Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Physician Office Diagnostic Testing market Drivers and Restraints
Prerna Shiv

Prerna Shiv
Client Partner

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Regional analysis includes

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

- Companies Covered in This Report -

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