Point of Care Diagnostics Markt Future Prospects and Forecast To 2031
The Point of Care Diagnostics Market research report highlights market research and industry analysis driven by in-depth business relevant news.
Precision Business Insights has published a report on the global Point of Care Diagnostics Market, estimating its value at USD 43,741.6 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.9% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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The Point-of-Care (PoC) Diagnostics market centers on medical testing performed at or near the site of patient care, enabling rapid results and immediate clinical decisions. Its growth is driven by rising chronic disease burden, demand for decentralized healthcare, and technological innovation.
Drivers:
· Increasing prevalence of diabetes, cardiovascular diseases, and infectious conditions fuels demand for frequent, accessible testing.
· Immediate results reduce hospital stays, improve triage, and optimize treatment pathways.
The global Point of Care Diagnostics Market segmentation:
1) By Product Type: Infectious Disease Testing Kits, Cancer/Tumour Markers Testing, Cardio-Metabolic Monitoring Kits, Fertility and Pregnancy Testing Kits, Haematological Testing Kits, Faecal Occult Testing Kits, Glucose Monitoring Kits, Cholesterol Test Strips, Urinalysis Testing Kits, Others.
2) By Prescription Mode: Over-the-counter (OTC) Testing Kits, Prescription-based Testing Kits.
3) By End User: Hospitals, Diagnostic Centres, Homecare, Others.
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Regional Overview:
The report also examines the current concerns and their Future Effects on the Point of Care Diagnostics Market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the Point of Care Diagnostics Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Siemens AG, Abbott Laboratories, Koninklijke Philips N.V, Becton, Dickinson, and Company, Mologic Ltd, Johnson & Johnson Services, Sinocare, Roche Diagnostics, Nova Biomedical, Instrumentation Laboratory
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