The global Point of Care Diagnostics market was valued at 38.03 billion in 2021 and is projected to reach USD 76.22 billion in 2029, at a Compound Annual Growth (CAGR) of 9.08% during the forecast period 2022-2029.
The global Point of Care Diagnostics market has witnessed eminent growth since the pandemic as the world has turned up to look for better health facilities and take more measures for better health, which is turning up all the opportunities in different regions across the world. Europe and North America have always been the centre of attraction for medical assistance which is expected to project growth in the global Point of Care Diagnostics market in the upcoming years. With attractive R&D facilities and inorganic growth strategies, companies are bolstering their growth and expansion across the world.
Global Point of Care Diagnostics Market Overview
The global Point of Care Diagnostics demand is dependent on the growth of chronic diseases, locations, quality of life, government facilities, and some more factors. Increasing Usage of Home-based POC Devices and the type of R&D done by major companies to manufacture better and affordable Point of Care Diagnostics is one of the keys to the growth of this industry. Additionally, the rising geriatric population and the type of investment done on Point of Care Diagnostics are immense which is contributing hugely towards human wellbeing and the times to come.
Point of Care Diagnostics Market Report Outlook
The Point of Care Diagnostics market report focuses on different aspects regarding the phase of Point of Care Diagnostics, and the different designs of those Point of Care Diagnostics. The research analyses the different designs, and End Users of the product to obtain a better understanding of the growth and trends of the market since 2019 which also facilitates the estimation of the upcoming growth of the market in the next 7 years.
Point of Care Diagnostics Market Competitive Landscape
The Point of Care Diagnostics Market report also holds competitive analysis which can be used to differentiate different designs of Care Diagnostics; technologies used in conducting the Care Diagnostics; prices; innovation in R&D; patents; organic and inorganic growth strategies; financial analysis to determine the revenue generation and other key aspects of the finance; new partnership, joint ventures, collaborations, and acquisitions; market share of the top competitors in the market; and understand the growth strategies being undertaken by these major players to analyse the future market trends.
Point of Care Diagnostics Market Regional Analysis
The market synopsis will also cover the regional dynamics and growth prospects which would include regions- North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. These regions will be analysed per country based on market drivers, restraints, opportunities, and trends to get a closer view of the market studied.
Moreover, the introduction of AI in the healthcare sector is driving the agility of medical management and focusing more on the patient experience, which in turn escalates the demand for better medical facilities across the developed countries in the world. Scrutinizing these factors for the countries is expected to enhance the value chain of the Point of Care Diagnostics market and aid us with better insights about the same.
Point of Care Diagnostics Market In-depth Analysis Aspects
Mention certain other aspects which will include the Porter Five Forces, Patent analysis, PESTEL Analysis, Export-Import data, and Industry Value Chain will also bind the analysis of the Point of Care Diagnostics Market report.
Research Methodology
The study period of the market is considered to be 10 years (2019-2029) which will be analysed through the two major research techniques – Primary and Secondary Research methods. The primary research method includes the interviews of the key personnel in the industry considered as the industry experts, major distributors, suppliers, and consumer base sample survey to understand the direct perspective of the market. Additionally, these data are backed by the secondary research method which includes company overview through websites, annual reports, SEC filings, investor presentations, news, and databases. The growth trends are always measured based on current and past scenarios considering any recent news which can drastically impact the growth rate of the market studied. Moreover, the consumption forecast depends on the company’s upcoming plans and revenue generation aspects.
Benefits of The Report
- The Point of Care Diagnostics Market report is designed to understand the past, present, and future market scenarios considering all the growth, restraining, and other factors influencing the market studied.
- The report is designed with the assistance of the industry experts for a better understanding of the market studied
- The market is analysed with an in-depth study of the company’s view on the market considering the present economic, political, social, geographical, and legal factors.
- To gain a clear insight for a better future perspective of the market studied in 360-degree synopsis.
- Understand the competition in the market is a part of the market or a new entrant in the market.
- Analyse the different aspects in different geographies influencing the growth of the Point of Care Diagnostics Market through a diverse consumer base.
Table of Content
1. Market Overview
1.1 Research Methodology
1.2 Definitions and Scope
2. Market - Executive Summary
2.1 Market Opportunity
2.2 Key Trends by Product Segments
2.3 Key Trends by Geography
3. Point of Care Diagnostics Market Landscape
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Pricing Analysis
4. Market Forces
4.1 Market Drivers
4.1.1 High R&D Expenditure
4.1.2 Rising Cases of Chronic Diseases
4.2 Market Constraints
4.2.1 Lack of Skilled Workforce in Research Department
4.2.2 Other Constraints
4.3 Market Challenges
4.4 Porter’s Five Forces
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. Point of Care Diagnostics Market - Strategic Analysis
5.1 Value Chain
5.2 Opportunity
5.3 Patent Analysis
6. Global Point of Care Diagnostics Market Outlook
6.1 Global Point of Care Diagnostics Market Outlook, by Product, 2019-2029
6.1.1 Cardio-metabolic Monitoring Kit
6.1.2 Glucose Monitoring Kit
6.1.3 Pregnancy and Fertility Testing Kit
6.1.4 Infectious Disease Testing Kit
6.1.5 Hematology Testing Kit
6.1.6 Cholesterol Test Strip
6.1.7 Other Products
6.2 Global Point of Care Diagnostics Market Outlook, by End User, 2019-2029
6.2.1 Hospital and Critical Care Setting
6.2.2 Ambulatory Care Setting
6.2.3 Research Laboratory
6.2.4 Other End User
7. Asia Pacific Point of Care Diagnostics Market Outlook
7.1 Key Snapshot
7.2 Asia Pacific Point of Care Diagnostics Market Outlook, by Product, 2019-2029
7.2.1 Cardio-metabolic Monitoring Kit
7.2.2 Glucose Monitoring Kit
7.2.3 Pregnancy and Fertility Testing Kit
7.2.4 Infectious Disease Testing Kit
7.2.5 Hematology Testing Kit
7.2.6 Cholesterol Test Strip
7.2.7 Other Products
7.3 Asia Pacific Point of Care Diagnostics Market Outlook, by End User, 2019-2029
7.3.1 Hospital and Critical Care Setting
7.3.2 Ambulatory Care Setting
7.3.3 Research Laboratory
7.3.4 Other End User
7.4 Asia Pacific Point of Care Diagnostics Market Outlook, by Country, 2019-2029
7.4.1 China Point of Care Diagnostics Market Outlook, 2019-2029
7.4.2 India Point of Care Diagnostics Market Outlook, 2019-2029
7.4.3 Japan Point of Care Diagnostics Market Outlook, 2019-2029
7.4.4 South Korea Point of Care Diagnostics Market Outlook, 2019-2029
7.4.5 Australia Point of Care Diagnostics Market Outlook, 2019-2029
7.4.6 Rest of Asia Pacific Point of Care Diagnostics Market Outlook, 2019-2029
8. North America Point of Care Diagnostics Market Outlook
8.1 Key Snapshot
8.2 North America Point of Care Diagnostics Market Outlook, by Product, 2019-2029
8.2.1 Cardio-metabolic Monitoring Kit
8.2.2 Glucose Monitoring Kit
8.2.3 Pregnancy and Fertility Testing Kit
8.2.4 Infectious Disease Testing Kit
8.2.5 Hematology Testing Kit
8.2.6 Cholesterol Test Strip
8.2.7 Other Products
8.3 North America Point of Care Diagnostics Market Outlook, by End User, 2019-2029
8.3.1 Hospital and Critical Care Setting
8.3.2 Ambulatory Care Setting
8.3.3 Research Laboratory
8.3.4 Other End User
8.4 North America Point of Care Diagnostics Market Outlook, by Country, 2019-2029
8.4.1 United States Point of Care Diagnostics Market Outlook, 2019-2029
8.4.2 Canada Point of Care Diagnostics Market Outlook, 2019-2029
8.4.3 Mexico Point of Care Diagnostics Market Outlook, 2019-2029
9. Europe Point of Care Diagnostics Market Outlook
9.1 Key Snapshot
9.2 Europe Point of Care Diagnostics Market Outlook, by Product, 2019-2029
9.2.1 Cardio-metabolic Monitoring Kit
9.2.2 Glucose Monitoring Kit
9.2.3 Pregnancy and Fertility Testing Kit
9.2.4 Infectious Disease Testing Kit
9.2.5 Hematology Testing Kit
9.2.6 Cholesterol Test Strip
9.2.7 Other Products
9.3 Europe Point of Care Diagnostics Market Outlook, by End User, 2019-2029
9.3.1 Hospital and Critical Care Setting
9.3.2 Ambulatory Care Setting
9.3.3 Research Laboratory
9.3.4 Other End User
9.4 Europe Point of Care Diagnostics Market Outlook, by Country, 2019-2029
9.4.1 United Kingdom Point of Care Diagnostics Market Outlook, 2019-2029
9.4.2 Germany Point of Care Diagnostics Market Outlook, 2019-2029
9.4.3 France Point of Care Diagnostics Market Outlook, 2019-2029
9.4.4 Italy Point of Care Diagnostics Market Outlook, 2019-2029
9.4.5 Russia Point of Care Diagnostics Market Outlook, 2019-2029
9.4.6 Rest of Europe Point of Care Diagnostics Market Outlook, 2019-2029
10. Latin America Point of Care Diagnostics Market Outlook
10.1 Key Snapshot
10.2 Latin America Point of Care Diagnostics Market Outlook, by Product, 2019-2029
10.2.1 Cardio-metabolic Monitoring Kit
10.2.2 Glucose Monitoring Kit
10.2.3 Pregnancy and Fertility Testing Kit
10.2.4 Infectious Disease Testing Kit
10.2.5 Hematology Testing Kit
10.2.6 Cholesterol Test Strip
10.2.7 Other Products
10.3 Latin America Point of Care Diagnostics Market Outlook, by End User, 2019-2029
10.3.1 Hospital and Critical Care Setting
10.3.2 Ambulatory Care Setting
10.3.3 Research Laboratory
10.3.4 Other End User
10.4 Latin America Point of Care Diagnostics Market Outlook, by Country, 2019-2029
10.4.1 Brazil Point of Care Diagnostics Market Outlook, 2019-2029
10.4.2 Argentina Point of Care Diagnostics Market Outlook, 2019-2029
10.4.3 Rest of Latin America Point of Care Diagnostics Market Outlook, 2019-2029
11. Middle East and Africa Point of Care Diagnostics Market Outlook
11.1 Key Snapshot
11.2 Middle East and Africa Point of Care Diagnostics Market Outlook, by Product, 2019-2029
11.2.1 Cardio-metabolic Monitoring Kit
11.2.2 Glucose Monitoring Kit
11.2.3 Pregnancy and Fertility Testing Kit
11.2.4 Infectious Disease Testing Kit
11.2.5 Hematology Testing Kit
11.2.6 Cholesterol Test Strip
11.2.7 Other Products
11.3 Middle East and Africa Point of Care Diagnostics Market Outlook, by End User, 2019-2029
11.3.1 Hospital and Critical Care Setting
11.3.2 Ambulatory Care Setting
11.3.3 Research Laboratory
11.3.4 Other End User
11.4 Middle East and Africa Point of Care Diagnostics Market Outlook, by Country, 2019-2029
11.4.1 Saudi Arabia Point of Care Diagnostics Market Outlook, 2019-2029
11.4.2 UAE Point of Care Diagnostics Market Outlook, 2019-2029
11.4.3 South Africa Point of Care Diagnostics Market Outlook, 2019-2029
11.4.4 Rest of Middle East and Africa Point of Care Diagnostics Market Outlook, 2019-2029
12. Point of Care Diagnostics Market -Entropy
12.1 New Product Launches
12.2 M&A, Collaborations, JVs, and Partnerships
13. Point of Care Diagnostics Market Company Analysis
13.1 Market Share Analysis, Financial Analysis, Product Synopsis, Recent News, and Developments
13.2 Abbott Laboratories
13.3 Siemens Healthineers AG
13.4 Becton, Dickinson and Company
13.5 Johnson & Johnson
13.6 F. Hoffmann-La Roche Ltd
13.7 Qiagen Inc.
13.8 Danaher Corporation (Beckman Coulter Inc.)
13.9 Biomeriux
13.10 Instrumentation Laboratory
13.11 Nova Biomedical
Top Major Players List :- Point of Care Diagnostics Market
- Abbott Laboratories
- Siemens Healthineers AG
- Becton, Dickinson and Company
- Johnson & Johnson
- F. Hoffmann-La Roche Ltd
- Qiagen Inc.
- Danaher Corporation (Beckman Coulter Inc.)
- Biomeriux
- Instrumentation Laboratory
- Nova Biomedical
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