Global Point of Care Diagnostics Market Size Worth $ 63.67Billion by 2030 at a 8.6% CAGR

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Global Point of Care Diagnostics Market was valued at USD 32.91 billion in 2022 and is expected to reach USD 63.67 billion by the year 2030, at a CAGR of 8.6%.

 

Global Point of Care Diagnostics Market was valued at USD 32.91 billion in 2022 and is expected to reach USD 63.67 billion by the year 2030, at a CAGR of 8.6%.

Point-of-care testing (POCT) is critical for detecting analytes close to the patient, allowing for better disease diagnosis, monitoring, and management. It allows for quick medical decisions because diseases can be diagnosed at an early stage, resulting in better health outcomes for patients by allowing for the early start of treatment. POC testing was first used in 1962 with the development of a method for rapid analysis of blood glucose, and soon after, in 1977, rapid pregnancy tests were developed, ushering in a trend for personalized diagnostics. POC diagnostic devices for monitoring glucose, ECG, blood pressure, and other parameters have greatly aided clinical and personalized healthcare.

Leading players involved in the Point of Care Diagnostics Market includes:

F. Hoffmann-La Roche Ltd (Basel, Switzerland),Thermo Fisher Scientific Inc. (Massachusetts, U.S.),Abbott Laboratories (Illinois, U.S.),Quest Diagnostics Incorporated (New Jersey, U.S.),BD (Franklin Lakes, U.S.),BioMerieux SA (Marcy l'Etoile, France),Cardinal Health, Inc. (Ohio, U.S.),Mesa Biotech (California, U.S.),Cepheid (California, U.S.),Trinity Biotech (Bray, Ireland),Quidel Corporation (San Diego, U.S.),Bio-Rad Laboratories Inc. (California, U.S.) and Other Major Players.

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The latest research on the Point of Care Diagnostics market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Point of Care Diagnostics industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Point of Care Diagnostics market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Segmentation of  Point of Care Diagnostics  Market

By Application

·         Infectious Disease Testing Products

·         Glucose Monitoring Products

·         Pregnancy

·         Fertility Testing Products

·         Cardiometabolic Monitoring Products

·         Others

By Platform

·         Molecular Diagnostic

·         Immunoassays

·         Lateral Flow Assays

·         Others

By End-User

·         Hospitals

·         Clinics

·         Diagnostic Laboratories

·         Home Care

·         Others

Market Segment by Regions and Countries Level Analysis:

§  North America (U.S., Canada, Mexico)

§  Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

§  Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

§  Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

§  Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

§  South America (Brazil, Argentina, Rest of SA)

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Important Features that are under offering & key highlights of the report:

The primary objective is to underline the competitive structure of Global Point of Care Diagnostics Industry.

The research includes study of several small to medium-sized companies that compete with each other and large enterprises.

Which segment has the potential to gain the highest market share?

Identifying Untapped Geographic Market Territory with growth Potential of Point of Care Diagnostics Market

Identify regional factors impacting production studied at Global scale.

Insights on Regulatory & Economic policies by geography giving ease to Market entry.

What product features & benefits offered by Industry players studied and broken down by diverse group of customer class.

Correlate cost structure historical data with key business segments

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players

 

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