Monday, 24 February 2014

Ancillary Hospital Locations (ERs, ORs, ICUs) Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Ancillary Hospital Locations (ERs, ORs, ICUs) Testing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 

Ancillary locations i.e. Emergency room (ER), Operation Room (OR) and Intensive Care Unit (ICU) are critical care centers in a hospital. Diagnostic testing at these care centers must be immediate and accurate so as to deliver appropriate treatment for disease. Majority of the testing includes complete blood count (CBC), urine analysis, electrocardiogram (ECG) and X ray. Disease diagnosis is also a major part of the diagnostic testing done at the ancillary locations. The diagnosis guides the course of treatment process which may involve replacing or modifying the treatment process according to the test results. The tests may reveal the contraindications in a particular therapy which may prove lethal to the patients. The diagnostic testing in ancillary locations are also used for confirming the recovery status of patients for approving discharge from emergency of ICU room.

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The global ancillary hospital location testing market can be segmented as follows:

Infectious disease testing
Drug of abuse testing
Routine hematology analysis
Routine urine analysis
Hypersensitivity testing
Radiology testing
X Ray
Others (radioactive imaging for cancer)

Devices used for testing at ancillary hospital locations include blood gas analyzers, X ray, ECG monitors, Ultrasound and others.The diagnostic testing at the ancillary locations will be driven by the rising cost of medical treatment incurred by the patients. Hospitals also face restrictions in accommodating patients in the inpatients department. With the advent of technology in rapid testing such as Enzyme Linked Immunsorbent Assay (ELISA), the diagnosis time has been drastically reduced. Hospitals also have to choose between centralization and decentralization of the testing departments for rapid and cost effective diagnosis and testing. Refurbished devices are sometimes preferred because of the rising costs. These includes expensive devices such as X-ray machines, Ultrasound and CT scanners.

Under certain circumstances it was found that unnecessary testing has increased the patient stay at the hospital. According to a study published in 2010 by American College of Emergency Physicians (ACEP) waiting time for radiological imaging extended the emergency room stay by around 80%. Proper management of the diagnostic testing may help in reducing hospital expenses on inpatients departments.Portable X ray and Ultrasound machine have made the process easier, where patient examination can be done at the point-of-care. This reduces the patients waiting time at the care center and provides faster medical service. The U.S. market for portable ultrasound devices is growing at a faster rate and was valued at USD 276 million in 2010.Major players in the market include Abbott, Biomerieux, Bio-Rad, Diagnostica Stago and many others.

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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Rest of the World

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a technological growth map over time to understand the industry growth rate
It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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