Point of care diagnostics Market Trends, Size, Share, Growth Opportunities, and Emerging Technologies 2029

Point of care diagnostics Market

Point of care diagnostics Market Market Report Overview

MMR provides a brief description of Point of care diagnostics Market industry. It includes a detailed analysis of the ” Point of care diagnostics Market market ” that highlights standard topics and customizes the data as needed. This overview help investors to understand the situation in the Point of care diagnostics Market industry.

In 2022, the market for point-of-care diagnostics was worth US$30.68 billion. Through the projected period, the size of the global point-of-care diagnostics market is anticipated to increase at a CAGR of 6.5.

Point of care testing (POCT) is defined as a medical diagnostic test performed at the point of care, or more specifically, in the context of the patient’s overall treatment. The purpose of POCT is to provide doctors with quick information regarding the patient’s condition. The POCT is an important symptomatic tool used in the emergency unit, operating room (OR), and emergency division (ED) of the medical clinic. The market growth is primarily attributed to an increase in the prevalence of infectious diseases, product development and deployment, and an increase in the number of POC tests that are CLIA-deferred.

Point of care diagnostics Market Market Report Scope and Research Methodology

The Point of care diagnostics Market market report outlines the current and historical growth patterns of the market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Point of care diagnostics Market market report includes industry-specific challenges, lucrative opportunities, and technical advancements that help key players increase revenue and growth. The report covers current and future trends that are driving the development of the Point of care diagnostics Market market. The report includes the competitive landscape along with future technical and financial details of the Point of care diagnostics Market industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Point of care diagnostics Market market report along with their SWOT analysis including strengths, weaknesses, opportunities and threats. The bottom-up approach has been used to estimate the Point of care diagnostics Market market size by value and volume. All the information has been found by using primary and secondary research methods for the Point of care diagnostics Market market report.

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Point of care diagnostics Market Market Regional Insights

This section in the Point of care diagnostics Market market report includes a detailed analysis of all the regions including North America, Asia Pacific, Europe, South America and the Middle East and Africa with their key countries. An in-depth analysis of trends and Point of care diagnostics Market key players in each region with detailed information on their revenue and business is included in the report.

Point of care diagnostics Market Market Segmentation

The point of care diagnostic market is divided into four product categories: infectious illness, coagulation testing, Hb1Ac testing, and glucose testing. The segment with the highest income, at more than 20.0%, was infectious diseases. Better persistent consideration has resulted from the transition of infectious disease testing from concentrated to decentralized POC testing. A growing demand for quick tests is driving the market and motivating business operators to deliver POC solutions for decentralized regions. For instance, Abbott has introduced ID NOW, the fastest sub-atomic POC test in the globe, which may be used in a variety of decentralized medical services settings, including specialists’ offices and critical consideration centers. It provides COVID-19 discoveries quickly.

The point of care diagnostic market is divided into clinics, hospitals, homes, and labs based on the end use. The market was dominated by the clinic sector. The major contributors to the money generated by this section are the pharmacies and clinics. The main drivers of rising POC diagnostic usage include expanding access to novel symptomatic breakthroughs, improving medical treatment, and reasonableness.

1 Global Point of care diagnostics Market, by Product (2022-2029)
• Glucose Testing
• Hb1Ac Testing
• Coagulation Testing
• Infectious Disease

2 Global Point of care diagnostics Market, by End Use (2022-2029)
• Clinics
• Hospitals
• Homes
• Labs

3 Global Point of care diagnostics Market, by Platform (2022-2029)
• Lateral Flow Assays
• Dipsticks
• Microfluidics
• Molecular Diagnostics
o Polymerase Chain Reaction(PCR)
o Isothermal Nucleic Acid Amplification Technology (INAAT)
o Other Molecular Diagnostic Technologies
• Immunoassays

4 Global Point of care diagnostics Market, by Mode of Purchase (2022-2029)
• Prescription-based Products
• OTC Products

5 Global Point of care diagnostics Market, by Sample (2022-2029)
• Blood
• Urine
• Nasal and Oropharyngeal Swabs
• Other Samples

Point of care diagnostics Market Market Key Competitors include

1. F. Hoffmann-La Roche Ltd. (Switzerland)
2. Danaher (USA)
3. BD (USA)
4. Qiagen (Germany)
5. Abbott (USA)
6. Siemens Healthcare AG (Germany)
7. bioMerieux SA (France)
8. Zoetis, Inc. (USA)
9. Instrumentation Laboratory (USA)
10. Nova Biomedical (USA)
11. Quidel Corp.(USA)
12. Trividia Health, Inc.(USA)
13. Sekisui Diagnostics (Japan)
14. Nipro Corp.(Japan)
15. Trinity Biotech (USA)
16. Orasure Technologies, Inc. (USA)
17. Spectral Medical, Inc. (USA)

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Key Offerings:
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis by Segment, sub-segments and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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