THE GLOBAL DIAGNOSTICS MARKET
IS PROJECTED TO GROW FROM USD 41.49 BILLION DURING 2022.
The medical device industry is evolving at an accelerated pace, incorporating developments in robotics, materials science, analytics and other technology to produce breakthrough devices that are transforming outcomes for patients. Focus, operational excellence, and a collaborative approach are hallmarks of exceptional leadership, and these executives have demonstrated each of these attributes in advancing the competitiveness of their companies and products. Across Diagnostics, Medical devices,healthcare It,surgery, wound care, drug delivery, monitoring, and other areas, this year's leaders have produced some of the most innovative and pervasive medical device technologies worldwide. The Global Point of care diagnostics market size was USD 34.49 billion in 2020.The Global impact of covid-19 has been unprecedented and staggering , with diagnostics witnessing a positive demand shock across all regions amid the pandemic. As per Fortune Business Insight survey , the Global market exhibited a stellar growth of 86.9% in 2020.The market is projected to grow from USD 41.49 billion during 2022. The demand of quality diagnostics kit is like covid19 rapid test, antibody etc. rapidly increasing because of the prevalence of acute and chronic diseases worldwide. Due to uncertainties regarding the duration and impact of the covid-19 pandemic, the POC diagnostics Industry is estimated to witness a strong upward trend in its growth rate.