Point-of-care Diagnostic Market- Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Global

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Point-of-care Diagnostic Market- Size, Outlook, Trends and Forecast (2024 - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Point-of-care testing is medical diagnostic testing or near point-of-care testing. Point-of-care tests are simple medical tests that are performed and develop new technology to mask the complexity. Connectivity is an important part of the point-of-care market. North America is accounting for the most significant market share.

Point-of-care Diagnostic Market Segments size & growth:

The market is valued at USD 25.92 billion in 2017 and is projected to USD 45.24 billion by 2024 at a CAGR of 10.0%. The significant factors that are driving the growth of the market are the increase in awareness and inclination towards home health care, and prevalence of lifestyle and infectious disease and demand for the market is expected to grow in the further years. Rapid growth in ageing population, advancements in technology and increase in some chronic diseases.

Point-of-care Diagnostic Market Share:

Point-of-care diagnostics market is categorised by by-product, mode of delivery and end

Point-of-care Diagnostic Market- Size, Outlook, Trends and Forecast (2024 - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

user. By by-product, it is segmented into infectious disease, glucose monitoring kit, oncology markers, coagulation, drugs of abuse and blood gas testing and others. Based on the mode of delivery the market is categorised into OTC testing and prescription. And based on end users the market is segmented into research laboratories, home health care, and hospitals. As by-product categorises the market, mode of make three-fourths of

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Point-of-care Diagnostic Market- Size, Outlook, Trends and Forecast (2024 - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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