Europe Point-of-Care Data Management Software Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Application (Infectious Disease Devices, Glucose Monitoring, Coagulation Monitoring, Urinalysis, Cardiometabolic Monitoring, Cancer Markers, Hematology, and Others) and End User (Hospitals/Critical Care Units, Diagnostic Centers, and Clinics/Outpatient)
Market Introduction
Point-of-Care (POC) devices are described as medical diagnostic devices used for testing at or near the point of care, at time and place of patient care. The purpose of POCT is to provide immediate information to physicians about the patient's condition. Point-of-care data management software is a platform that is used in various locations in the hospital, in critical care settings such as the intensive care unit (ICU), the operating room (OR), and the emergency department (ED). It facilitates the patients' health data management and analysis.
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Market Overview and Dynamics
The Europe point-of-care data management software market is expected to reach US$ 241.18 million by 2027 from US$ 138.54 million in 2020; it is estimated to grow at a CAGR of 8.2% from 2020 to 2027. The growth of the market is attributed to the increasing incidence of infectious diseases and lifestyle-related diseases, and rising product launches and development for data management. However, the high cost of point-of-care data management systems hinders the market growth.
Point-of-care (POC) data management software facilitates the patients' health data management and analysis. Also, the growth of the Europe point-of-care data management software market is likely to proceed with the help of the introduction of new products into the market, which aim to deliver inexpensive care at the facilities located at the closest-possible distances from the patients’ location. New technologies or products are being refined and improved to deliver easier-to-use devices with incremental improvements in analytical performance. Moreover, the market growth is attributed to the increasing strategies such as product innovations, mergers, and acquisitions by the key market players to expand their reach and stay competitive in the market. For instance, in March 2020, Siemens Healthineers and Marienhaus Hospital Group entered in a partnership, with an option to extend for an additional five years. Siemens Healthineers has planned for a digital strategy to interconnect 18 hospitals with Marienhaus to streamline clinical processes. The alliance may provide the replacement and management of around 130 medical imaging devices at the German states of North Rhin. Such advancements in newly launched devices would propel the overall market growth during the forecast period.
Europe has been recording the growing number of COVID-19 confirmed cases since its outbreak. Surging research activities to develop POC test kits against COVID-19 and extensive clinical research to identify effective therapies are likely to favour the growth of the Europe point-of-care data management software market. However, as per the news article, due to the outbreak, access for detection, diagnosis, and scans for thousands of cancers, diabetes, and hematology patients in Italy has become difficult. Moreover, due to ongoing impact of COVID-19 pandemic, certain software updates or launches have been rescheduled or delayed. Thus, the above-mentioned factors are hindering the growth of market in Europe.
Key Market Segments
The Europe point-of-care data management software market, based on application, is segmented into infectious disease devices, glucose monitoring, coagulation monitoring, urinalysis, cardiometabolic monitoring, cancer markers, and hematology. In 2019, the glucose monitoring product segment held the largest share of the market. However, the cancer markers segment would register the highest CAGR in the market during the forecast period.
The Europe point-of-care data management software market, based on end user, is segmented into hospitals/critical care units, diagnostic centres, and clinics/outpatient. In 2019, the hospitals/critical care units segment held the largest share of the market. The market for the same segment is expected to grow at the fastest rate during the coming years.
Major Sources and Companies Listed
A few of the primary and secondary sources referred to while preparing the report on the Europe point-of-care data management software market are the National Health Service (NHS), International Diabetes Federation (IDF), Spanish Society of Medical Oncology (SEOM) and Istituto Nazionale di Statistica (ISTAT).
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EUROPE POINT-OF-CARE DATA MANAGEMENT SOFTWARE MARKET SEGMENTATION
By Application
• Glucose Monitoring
• Hematology
• Cardiometabolic Monitoring
• Infectious Disease Devices
• Coagulation Monitoring
• Cancer Markers
• Urinalysis
• Others
By End User
- Hospitals/Critical Care Units
- Diagnostic Centers
- Clinics/Outpatient
By Country
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- Abbott
- Siemens Healthineers AG
- F. HOFFMANN-LA ROCHE LTD.
- Randox Laboratories Ltd
- Radiometer Medical ApS
- THERMO FISHER SCIENTIFIC INC.
- Medical Information Technology, Inc.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Point-of-Care Data Management Software Market – By Application
1.3.2 Europe Point-of-Care Data Management Software Market – By End User
1.3.3 Europe Point-of-Care Data Management Software Market – By Country
2. Point-of-Care Data Management Software Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Point-of-Care Data Management Software Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Expert Opinions
5. Point of Care Data Management Software Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Incidences of Infectious- and Lifestyle-Related Diseases
5.1.2 Product Launches and Product Developments
5.2 Market Restraints
5.2.1 Operating Challenges
5.2.2 Product Recalls
5.3 Future Trend
5.3.1 Initiatives for Adoption of Electronic Health Records
5.4 Impact Analysis
6. Point-of-Care Data Management Software Market – Europe Analysis
6.1 Europe Point-of-Care Data Management Software Market Revenue Forecast and Analysis
7. Point-of-Care Data Management Software Market Analysis– by Application
7.1 Overview
7.2 Europe Point-of-Care Data Management Software Market, By Application 2019& 2027 (%)
7.3 Glucose Monitoring
7.3.1 Overview
7.3.2 Point-of-Care Data Management Software: Glucose Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Infectious Disease Devices
7.4.1 Overview
7.4.2 Point-of-Care Data Management Software: Infectious Disease Devices Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Cardiometabolic Monitoring
7.5.1 Overview
7.5.2 Point-of-Care Data Management Software: Cardiometabolic Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Coagulation Monitoring
7.6.1 Overview
7.6.2 Point-of-Care Data Management Software: Coagulation Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Cancer Marker
7.7.1 Overview
7.7.2 Point-of-Care Data Management Software: Cancer Marker Market Revenue and Forecasts to 2027 (US$ Mn)
7.8 Urinalysis
7.8.1 Overview
7.8.2 Point-of-Care Data Management Software: Urinalysis Market Revenue and Forecasts to 2027 (US$ Mn)
7.9 Hematology
7.9.1 Overview
7.9.2 Point-of-Care Data Management Software: Hematology Market Revenue and Forecasts to 2027 (US$ Mn)
7.10 Others
7.10.1 Overview
7.10.2 Point-of-Care Data Management Software: Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Point-of-Care Data Management Software Market Analysis– by End User
8.1 Overview
8.2 Europe Point-of-Care Data Management Software Market, By End User 2019 & 2027 (%)
8.3 Diagnostic Centers
8.3.1 Overview
8.3.2 Point-of-Care Data Management Software: Diagnostic Centers Revenue and Forecasts to 2027 (US$ Mn)
8.4 Hospitals/Critical Care Units
8.4.1 Overview
8.4.2 Point-of-Care Data Management Software: Hospitals/Critical Care Unit Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Clinics/Outpatient
8.5.1 Overview
8.5.2 Point-of-Care Data Management Software: Clinics/Outpatient Market Revenue and Forecasts to 2027 (US$ Mn)
9. Point-of-Care Data Management Software Market – Europe Analysis
9.1 Europe: Point-of-Care Data Management Software Market
9.1.1 Overview
9.1.2 Europe: Point-of-Care Data Management Software Market, by Country, 2019 & 2027 (%)
9.1.2.1 Germany: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.1.1 Germany: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.1.2 Germany: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.1.3 Germany: Point-of-Care Data Management Software Market, by End User, 2018-2027 (USD Million)
9.1.2.2 UK: Point-of-Care Data Management Software Market – Revenue and Forecast to 2027 (USD Million)
9.1.2.2.1 UK: Point-of-Care Data Management Software Market – Revenue and Forecast to 2027 (USD Million)
9.1.2.2.2 UK: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.2.3 UK: Point-of-Care Data Management Software Market, by End User, 2018-2027 (USD Million)
9.1.2.3 France: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.3.1 France: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.3.2 France: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.3.3 France: Point-of-Care Data Management Software Market, by End User, 2018 -2027 (USD Million)
9.1.2.4 Italy Point-of-Care Data Management Software Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.2.4.1 Italy: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.4.2 Italy: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.4.3 Italy: Point-of-Care Data Management Software Market, by End User, 2018-2027 (USD Million)
9.1.2.5 Spain Point-of-Care Data Management Software Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.2.5.1 Spain: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.5.2 Spain: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.5.3 Spain: Point-of-Care Data Management Software Market, by End User, 2018-2027 (USD Million)
9.1.2.6 Rest of Europe Point-of-Care Data Management Software Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.2.6.1 Rest of Europe: Point-of-Care Data Management Software Market- Revenue and Forecasts to 2027 (USD Million)
9.1.2.6.2 Rest of Europe: Point-of-Care Data Management Software Market, by Application, 2018 -2027 (USD Million)
9.1.2.6.3 Rest of Europe: Point-of-Care Data Management Software Market, by End User, 2018-2027 (USD Million)
10. Impact of COVID-19 Pandemic on Point-of-Care Data Management Software Market
10.1 Europe: Impact Assessment Of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. COMPANY PROFILES
12.1 Abbott
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Siemens Healthineers AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 F. HOFFMANN-LA ROCHE LTD.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4
12.5 Randox Laboratories Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Radiometer Medical ApS
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 THERMO FISHER SCIENTIFIC INC.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Medical Information Technology, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 2. Germany Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 3. UK Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 4. UK Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 5. France Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 6. France Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 7. Italy Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 8. Italy Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 9. Spain Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 10. Spain Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 11. Rest of Europe Point-of-Care Data Management Software Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 12. Rest of Europe Point-of-Care Data Management Software Market, by End User – Revenue and Forecast to 2027(USD Million)
Table 13. Organic Developments Done by Companies
Table 14. Inorganic Developments Done by Companies
Table 15. Glossary of Terms, Point-Of-Care Data Management Software Market
LIST OF FIGURES
Figure 1. Point-of-Care Data Management Software Market Segmentation
Figure 2. Point-of-Care Data Management Software Market, By Country
Figure 3. Europe Point-of-Care Data Management Software Market Overview
Figure 4. Glucose Monitoring Segment Held Largest Share of Application Segment in Point-of-Care Data Management Software Market
Figure 5. Europe Point-of-Care Data Management Software Market- Leading Country Markets (USD Million)
Figure 6. Europe PEST Analysis
Figure 7. Impact Analysis of Driver and Restraints Pertaining to Point-of-Care Data Management Software Market
Figure 8. Europe Point-of-Care Data Management Software Market – Revenue Forecast and Analysis – 2019- 2027
Figure 9. Europe Point-of-Care Data Management Software Market, by Application 2019 & 2027 (%)
Figure 10. Point-of-Care Data Management Software: Glucose Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Point-of-Care Data Management Software: Infectious Disease Devices Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 12. Point-of-Care Data Management Software: Cardiometabolic Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Point-of-Care Data Management Software: Coagulation Monitoring Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Point-of-Care Data Management Software: Cancer Marker Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Point-of-Care Data Management Software: Urinalysis Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Point-of-Care Data Management Software: Hematology Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Point-of-Care Data Management Software: Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. Europe Point-of-Care Data Management Software Market, by End User 2019 & 2027 (%)
Figure 19. Point-of-Care Data Management Software: Diagnostic Centers Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Point-of-Care Data Management Software: Hospitals/Critical Care Units Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Point-of-Care Data Management Software: Clinics/Outpatient Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Europe: Point-of-Care Data Management Software Market, By Key Country – Revenue (2019) (USD Million)
Figure 23. Europe: Point-of-Care Data Management Software Market, By Country, 2019 & 2027 (%)
Figure 24. Germany Point-of-Care Data Management Software Market Revenue and Forecasts To 2027 (USD Million)
Figure 25. UK: Point-of-Care Data Management Software Market- Revenue and Forecasts To 2027 (USD Million)
Figure 26. France: Point-of-Care Data Management Software Market- Revenue and Forecasts To 2027 (USD Million)
Figure 27. Italy: Point-of-Care Data Management Software Market- Revenue and Forecasts To 2027 (USD Million)
Figure 28. Spain: Point-of-Care Data Management Software Market- Revenue and Forecasts To 2027 (USD Million)
Figure 29. Rest of Europe: Point-of-Care Data Management Software Market- Revenue and Forecasts To 2027 (USD Million)
Figure 30. Impact of COVID-19 Pandemic in European Country Markets
- Abbott
- Siemens Healthineers AG
- F. HOFFMANN-LA ROCHE LTD.
- Randox Laboratories Ltd
- Radiometer Medical ApS
- THERMO FISHER SCIENTIFIC INC.
- Medical Information Technology, Inc.
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