Asia Pacific Heart Failure Poc & Loc Devices Market Size & Outlook
Asia Pacific heart failure poc & loc devices market, 2018-2030 (US$M)
Asia Pacific heart failure poc & loc devices market highlights
- The Asia Pacific heart failure poc & loc devices market generated a revenue of USD 25.3 million in 2023.
- The market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, proteomic testing was the largest revenue generating test type in 2023.
- Proteomic Testing is the most lucrative test type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 25.3 million |
| Market revenue in 2030 | USD 93.0 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | Proteomic testing |
| Fastest growing segment | Proteomic Testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Proteomic Testing |
| Key market players worldwide | Abbott Laboratories, Danaher Corp, Siemens Healthineers AG ADR, Roche, QuidelOrtho Corp, BioMerieux SA, Trinity Biotech PLC ADR, Abaxis |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.4% of the global heart failure poc & loc devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 93.0 million by 2030.
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Heart Failure POC & LOC Devices Market Scope
Heart Failure POC & LOC Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific heart failure poc & loc devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heart failure poc & loc devices market will help companies and investors design strategic landscapes.
Proteomic testing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific heart failure poc & loc devices market based on proteomic testing covering the revenue growth of each sub-segment from 2018 to 2030.
Lack of knowledge about prevalence of heart failure has resulted in less revenue share of Asian market in the past years. To curb the healthcare expenditure due to heart failure cases in the country, strategic attempts are being undertaken to raise awareness in the region.
The study concluded that POC coordinator certification and financial support would enhance management of patients cost-effectively. Moreover, training young healthcare personnel about POC cardiac troponin T/cardiac troponin I biomarkers tests in the region would help in efficient decision-making, especially in emergency rooms.
In addition, in June 2014, a POC testing workshop was conducted at the WONCA Special Interest Group on Global Point-ofCare Testing, a WONCA Asia Pacific Regional Conference. The workshop was attended by participants from Malaysia, Brunei, Indonesia, Australia, Hong Kong, Japan, and Nigeria. Such workshops are anticipated to boost regional market share by accelerating the adoption of POC devices across Asian countries.
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Our clientele includes a mix of heart failure poc & loc devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific heart failure poc & loc devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific heart failure poc & loc devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific heart failure poc & loc devices market
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