The Point Of Care Diagnostics Global Market Report 2023, provides comprehensive information on the point of care diagnostics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global point of care diagnostics market size is expected to grow from $40.89 billion in 2022 to $44.19 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global point of care diagnostics market size is expected to reach $60.45 billion in 2027 at a CAGR of 8.1%.
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Product innovations are a key trend gaining popularity in the point of care (POC) diagnostics market. Major companies in the point-of-care diagnostics market are introducing innovative products to sustain their position in the market. For instance, in January 2022, PocDoc, a US-based diagnostics company, launched the PocDoc Cardiovascular Diseases point-of-care test. The test includes five steps that include taking the sample and testing the sample onto the lateral flow test kit and capturing the test on the phone to receive an instant diagnosis on the phone. The uniqueness of the product is that it is the world’s first smartphone-based test for cardiovascular disease testing.
The point of care diagnostics market is segmented:
1) By Product: Glucose Monitoring Kits, Infectious Diseases Testing Kits, Pregnancy And Fertility Testing Kits, Hematology Testing Kits, Cardiometabolic Monitoring Kits, Urinalysis Testing Kits, Cholesterol Test Strips, Other Products
2) By Mode Of Prescription: Prescription Based Devices, OTC (Over-The-Counter) Based Devices
3) By End User: Professional Diagnostic Centers, Research Laboratories, Home Care, Other End-Users
North America was the largest region in the point of care diagnostics market in 2022.
The table of contents in TBRC’s point of care diagnostics market report includes:
1. Executive Summary
2. Point Of Care Diagnostics Market Characteristics
3. Point Of Care Diagnostics Market Trends And Strategies
4. Point Of Care Diagnostics Market – Macro Economic Scenario
5. Point Of Care Diagnostics Market Size And Growth
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26. Africa Point Of Care Diagnostics Market
27. Point Of Care Diagnostics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Point Of Care Diagnostics Market
29. Point Of Care Diagnostics Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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