Product Code: ETC6188604 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The point-of-care coagulation testing market in Australia is growing due to the increasing need for quick and reliable blood coagulation tests, especially in emergency and critical care settings. These tests are essential for monitoring patients who are on anticoagulant therapy or those undergoing surgeries where blood clotting is a concern. As healthcare systems demand more efficient, rapid diagnostic tools, the POC coagulation testing market is poised for growth, with innovations in portable devices and real-time testing contributing to market development.
The point of care (POC) coagulation testing market in Australia is experiencing rapid growth due to the demand for faster, more accessible diagnostic testing, particularly in emergency settings and for patients requiring anticoagulant therapy. Innovations in POC devices, which provide quick and accurate results with minimal patient discomfort, are driving the trend. Healthcare providers are increasingly adopting these devices to improve patient care and streamline workflow.
The Australia POC Coagulation Testing Market faces several hurdles, including the need for highly accurate results, which can sometimes be difficult to achieve in non-laboratory settings. The high costs of point-of-care devices and consumables pose challenges, especially in low-resource healthcare environments. Furthermore, regulatory challenges regarding the approval of new devices and ensuring their compliance with national healthcare standards can slow down market growth. There is also a shortage of skilled professionals who can operate these devices effectively, which limits the widespread adoption of point-of-care coagulation testing.
With an aging population and rising cases of cardiovascular diseases requiring regular monitoring of blood coagulation, the demand for point-of-care coagulation testing is expected to rise significantly. Investors have the opportunity to support the development of compact, accurate, and user-friendly POC devices that can improve patient outcomes in both hospitals and home settings, particularly in rural and remote regions of Australia.
In Australia, the Point of Care (PoC) coagulation testing market is influenced by national health policies that promote the use of PoC testing to improve patient outcomes and reduce hospital admissions. Policies supporting the integration of innovative diagnostic technologies into clinical settings drive the adoption of coagulation testing devices in emergency departments, outpatient clinics, and primary care. Regulations from the TGA ensure that PoC coagulation testing devices meet safety standards, and the Australian Governments focus on digital health further enhances the adoption of PoC diagnostic technologies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Point of Care (POC) Coagulation Testing Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Point of Care (POC) Coagulation Testing Market - Industry Life Cycle |
3.4 Australia Point of Care (POC) Coagulation Testing Market - Porter's Five Forces |
3.5 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.6 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Australia Point of Care (POC) Coagulation Testing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring regular coagulation monitoring |
4.2.2 Growing adoption of point-of-care testing for quicker treatment decisions |
4.2.3 Technological advancements in POC coagulation testing devices |
4.3 Market Restraints |
4.3.1 High cost associated with POC coagulation testing devices |
4.3.2 Limited reimbursement policies for point-of-care testing |
4.3.3 Regulatory challenges and compliance requirements for POC testing |
5 Australia Point of Care (POC) Coagulation Testing Market Trends |
6 Australia Point of Care (POC) Coagulation Testing Market, By Types |
6.1 Australia Point of Care (POC) Coagulation Testing Market, By End-User |
6.1.1 Overview and Analysis |
6.1.2 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By End-User, 2021- 2031F |
6.1.3 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.1.4 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Clinics, 2021- 2031F |
6.1.5 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Home care, 2021- 2031F |
6.2 Australia Point of Care (POC) Coagulation Testing Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Optical Technology, 2021- 2031F |
6.2.3 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Mechanical Technology, 2021- 2031F |
6.2.4 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Electrochemical Technology, 2021- 2031F |
6.3 Australia Point of Care (POC) Coagulation Testing Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Optical Technology, 2021- 2031F |
6.3.3 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Mechanical Technology, 2021- 2031F |
6.3.4 Australia Point of Care (POC) Coagulation Testing Market Revenues & Volume, By Electrochemical Technology, 2021- 2031F |
7 Australia Point of Care (POC) Coagulation Testing Market Import-Export Trade Statistics |
7.1 Australia Point of Care (POC) Coagulation Testing Market Export to Major Countries |
7.2 Australia Point of Care (POC) Coagulation Testing Market Imports from Major Countries |
8 Australia Point of Care (POC) Coagulation Testing Market Key Performance Indicators |
8.1 Average turnaround time for coagulation test results |
8.2 Adoption rates of POC coagulation testing in healthcare facilities |
8.3 Frequency of usage of POC coagulation testing devices by healthcare professionals |
9 Australia Point of Care (POC) Coagulation Testing Market - Opportunity Assessment |
9.1 Australia Point of Care (POC) Coagulation Testing Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.2 Australia Point of Care (POC) Coagulation Testing Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Australia Point of Care (POC) Coagulation Testing Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Australia Point of Care (POC) Coagulation Testing Market - Competitive Landscape |
10.1 Australia Point of Care (POC) Coagulation Testing Market Revenue Share, By Companies, 2024 |
10.2 Australia Point of Care (POC) Coagulation Testing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |