Point Of Care Diagnostics Market Augmenting Rapidly To Reach $87.29 Billion By 2032

According to Zion Market Research, the global Point Of Care molecular Diagnostics Market was worth USD 41.54 Billion in 2023. The market is forecast to reach USD 87.29 Billion by 2032, growing at a compound annual growth rate (CAGR) of 8.6% during the forecast period 2024-2032.

Some of the major companies in the point of care diagnostics market are Alere Inc ., Roche Diagnostics, Abbott Laboratories, Danaher Corporation, Instrumentation Laboratory, Johnson and Johnson, OraSure Technologies Inc, Trinity Biotech PLC, Qiagen N.V., bioMerieux, and Siemens Healthcare. These players have a lion’s share in the development of point of care diagnostics market.

High-Quality & Cost-Effective Medical Solutions And Technological Advancement To Power Point Of Care Diagnostics Market In Near Future

As per analysts at Zion Market Research, the point of care diagnostics market is likely to see lucrative development in the years to come. The point of care diagnostics market is mainly powered by high-quality & cost-effective medical solutions and technological advancement. In addition to this, rising occurrence of target diseases paired with the increment in the elderly user base that is more defenseless to diseases are likely to foster the demand for point of care diagnostics market significantly in the coming years. On the other hand, the presence of time-consuming & stringent confusing regulatory structure and high price of procedure are likely to hinder the growth of point of care diagnostics market in the years to come.

Nevertheless, health care decentralization and rising demand from up-and-coming nations might unlock up new growth opportunities in the years to come. Moreover, new launches by market players is also set to boost point of care diagnostics market. For example, in June 2017, Roche rolled out new mobile app for tablets to additionally enhance the performance for POC (point-of-care) coordinators.

Elevated Occurrence Of Diseases In North America To Suffice The Development Of Point Of Care Diagnostics Market

The point of care diagnostics market was ruled by North America with more than 39% share of the global point of care diagnostics market in 2020. This development is majorly owing to elevated occurrence of diseases in the area and attendance of favorable government initiatives and regulations supporting to the growth of healthcare industry. Asia Pacific is one more significant area for global point of care diagnostics market and is likely to show quickest development in the forecast period. This can be credited to the attendance of technological advancement and high unmet medical requirements in healthcare sector, rise in per capita revenue levels, and growing medical awareness in developing nations including China and India.

Based on the end-use, the global point of care diagnostics market can be divided into clinics, hospitals, and ambulatory care settings among others.

Browse the full “Point Of Care molecular Diagnostics Market By Products, (monitoring kits, cardio-metabolic monitoring kits, infectious diseases testing kits, coagulation monitoring kits, pregnancy and fertility testing kits, tumor/cancer markers, urinalysis testing kits, cholesterol test strips, hematology testing kits, drugs of abuse testing kits, fecal urinalysis testing kits, cholesterol test strips, hematology testing kits, drugs of abuse testing kits, fecal occult testing kits and others), By Prescription Mode (Prescription-Based Testing Kits And Over-The-Counter Testing Kits) Market For Hospitals, Clinics And Ambulatory Care Settings: Global Industry Perspective, Comprehensive Analysis And Forecast, 2023-2032.” Report at https://www.zionmarketresearch.com/report/point-of-care-molecular-diagnostics-market

The global point of care diagnostics market is segmented as follows:

Point Of Care Diagnostics Market: Product Segment Analysis

• Glucose Monitoring Kits
• Cardiometabolic Monitoring Kits
  • HbA1c Testing Kits
  • Lipids Testing
  • Cardiac Markers
  • Blood Gas/Electrolytes Testing Kits
• Infectious Diseases Testing Kits
  • Influenza Testing Kits
  • HIV Testing Kits
  • Hepatitis C Testing Kits
  • Sexually-transmitted Diseases (STDs) Testing Kits
  • Tropical Diseases Testing Kits
  • Healthcare-associated Infections (HAIs)
  • Respiratory Infections Testing Kits
  • Others
• Coagulation Monitoring Kits
  • Prothrombin Time (PT/INR) Testing Kits
  • Activated Clotting Time (ACT/APTT) Testing Kits
• Pregnancy and Fertility Testing Kits
  • Pregnancy Testing Kits
  • Fertility Testing Kits
• Tumor/Cancer Markers
• Urinalysis Testing Kits
• Cholesterol Test Strips
• Hematology Testing Kits
• Drugs of Abuse Testing Kits
• Fecal Occult Testing Kits
• Others

 Point Of Care Diagnostics Market: Prescription Mode Segment Analysis

• Prescription-based Testing Kits
• Over-the-counter (OTC) Testing Kits

Point Of Care Diagnostics Market: End User Segment Analysis

• Hospitals
• Clinics
• Ambulatory Care Settings

Point Of Care Diagnostics Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com