Press release
The Global Point of Care Diagnostic Market is to Hit USD 64.80 billion in 2030 at a Growth rate of 6.2% as per Stellar Market Research study
Stellar Market Research, a Healthcare business research firm has published a report on the "Point of Care Diagnostic Market". The total market opportunity for Point of Care Diagnostic was USD 42.53 billion in 2023 and is expected to grow at 6.2% CAGR through the forecast period by reaching nearly USD 64.80 billion.Point of Care Diagnostic Market Overview
The Point of Care Diagnostic Market is experiencing robust growth, driven by the increasing prevalence of infectious diseases and the shift toward decentralized healthcare. F. Hoffmann-La Roche Ltd., Abbott, Danaher, BD, and Qiagen are key players, with Roche leading in various POC tests like blood glucose monitoring and rapid influenza tests. North America dominated in 2023, while accuracy and reliability remain major challenges. Blood glucose monitoring holds the largest market share due to advancements in diabetes management and continuous glucose monitoring.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐๐๐๐ฑ๐, ๐๐ถ๐๐ถ๐ ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐น๐ถ๐ป๐ธ:https://www.stellarmr.com/report/req_sample/point-of-care-diagnostic-market/2363
Point of Care Diagnostic Market Dynamics
The Point of Care Diagnostic (POC) market is driven by the need for rapid infectious disease detection, decentralization of healthcare, and advancements in technology. Challenges include ensuring accuracy and reliability, influenced by factors like sample size and environmental conditions. Companies like Dexcom and Abbott Laboratories are addressing these issues with AI-powered calibration and improved data management to enhance test precision and consistency.
Point of Care Diagnostic Market Regional Insights
In 2023, North America led the Point of Care (PoC) Diagnostics market, driven by advanced products from key players like Abbott and favorable healthcare infrastructure. The Asia-Pacific region is projected for rapid growth due to rising chronic disease prevalence and supportive policies, notably in India. Noteworthy advancements include Fujifilm SonoSite's ultrasound systems and Sysmex's Alzheimer's assay kit in Japan.
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐๐๐๐ฑ๐, ๐๐ถ๐๐ถ๐ ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐น๐ถ๐ป๐ธ:https://www.stellarmr.com/report/req_sample/point-of-care-diagnostic-market/2363
Point of Care Diagnostic Market Scope:
Market Size in 2023: USD 42.53 billion.
Market Size in 2030: USD 64.80 billion.
CAGR: 6.2% (2024-2030)
Forecast Period: 2024-2030
Base Year: 2023
Number of Pages: 251
Number of Tables: 47
Number of Charts and Figures: 40
Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Point of Care Diagnostic Market Segments
By Product
Blood Glucose Monitoring
Infectious Disease Testing
Cardiometabolic Disease Testing
Pregnancy & Fertility Testing
Haematology Testing
Others
By Sample
Blood
Nasal and Oropharyngeal Swabs
Urine
Others
By Mode of Purchase
Prescription-based Products
OTC Products
By End-User
Clinics
Hospitals
Home
Assisted Living Healthcare Facilities
Laboratory
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐๐๐๐ฑ๐, ๐๐ถ๐๐ถ๐ ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐น๐ถ๐ป๐ธ:https://www.stellarmr.com/report/req_sample/point-of-care-diagnostic-market/2363
Point of Care Diagnostic Market Key Players
F. Hoffmann-La Roche Ltd. (Switzerland)
Danaher (USA)
BD (USA)
Qiagen (Germany)
Abbott (USA)
Siemens Healthcare AG (Germany)
bioMerieux SA (France)
Zoetis, Inc. (USA)
Instrumentation Laboratory (USA)
Nova Biomedical (USA)
Quidel Corp.(USA)
Trividia Health, Inc.(USA)
Sekisui Diagnostics (Japan)
๐ง๐ผ ๐ฎ๐ฐ๐ฐ๐ฒ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐ ๐ฟ๐ฒ๐ด๐ฎ๐ฟ๐ฑ๐ถ๐ป๐ด ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต, ๐๐ถ๐๐ถ๐ ๐๐ต๐ฒ ๐ณ๐ผ๐น๐น๐ผ๐๐ถ๐ป๐ด ๐๐ฒ๐ฏ๐ฝ๐ฎ๐ด๐ฒ:https://www.stellarmr.com/report/point-of-care-diagnostic-market/2363
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The Global Point of Care Diagnostic Market was valued at USD 2.46 Bn. in 2023 and is expected to reach USD 5.56 Bn. by 2030 with a growing CAGR of 12.35% over the forecast period of 2024-2030. The market faces challenges, particularly with AI model interpretability and transparency, crucial for clinical trust and adoption.
Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
About Stellar Market Research:
Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provides numerous services i.e. consultancy, Market Intelligence, Syndicate Research, etc. to help executives in any organization and consumers achieve their mission-critical goals.
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