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Frost & Sullivan analysis finds clinical, cost benefits to grow point of care test market

Published in Biotech Business Week, October 9th, 2006

According to a new report released by Frost & Sullivan, point of care testing (POCT) offers multiple benefits, particularly in improving result turnabout time (TAT) and in supporting the prescription of earlier and more appropriate treatment.

Moreover, POCT fits in with the way people envisage the delivery of future healthcare, one that promotes enhanced quality of care and encourages patients to be more involved in their own disease management. The report, titled "European Point of Care Testing Market," finds that the European POCT market earned revenues of US$754.4 million in 2005 and estimates this to reach US$1558.2 million in 2012.

"POCT can...

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