The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest point-of-care diagnostics devices and equipment market share.

The global point-of-care diagnostics devices and equipment market is expected to grow from $28.47 billion in 2022 to $32.34 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The global point-of-care diagnostics devices and equipment market size is expected to grow to $48.35 billion in 2027 at a CAGR of 10.6%.

Major Driver In The Point-Of-Care Diagnostics Devices And Equipment Market ­– Increase In The Incidence Of Target Diseases
According to the Centres for Disease Control and Prevention, around 697,000 persons in the United States died from heart disease in 2020.

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Key Point-Of-Care Diagnostics Devices And Equipment Market Segments
1) By Type: Infectious disease testing kits, Cardio metabolic monitoring kits,, Cholesterol testing kits, Pregnancy and fertility tests kits, Tumor/Cancer markers, Urinalysis testing kits, Hematology testing kits, Drugs of abuse testing kits, Fecal occult testing kits, Other Types
2) By End User: Professional diagnostic centers, Hospitals/critical care centers, Outpatient healthcare Setting, Ambulatory care settings, Research laboratories, Home
3) By Prescription Mode: Prescription-based Testing Devices, Over-The-Counter (OTC) Testing Devices

Recent Point-Of-Care Diagnostics Devices And Equipment Market Trend – Adopting Over-The-Counter Testing
Over-the-Counter (OTC) testing has been identified as a key trend fueling the expansion of the point-of-care diagnostics market. The FDA has approved over-the-counter (OTC) test kits for cholesterol, faecal occult blood, pregnancy, and HIV/HCV. This strategy would enhance access to illness testing and early detection. Due to the ease of use of the kits, greater home care and self-testing, and an increase in availability and acceptance rate, these testing kits may generate more income than prescription tests over the projected period.

Point-Of-Care Diagnostics Devices And Equipment Market Prominent Players
Major players in the point-of-care diagnostics devices and equipment market are Abbott, F. Hoffmann-La Roche, Siemens Healthineers, Danaher, Beckman Coulter, Becton Dickinson and Company, QIAGEN N.V., Johnson & Johnson, Alere Inc., and BioMerieux.

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The Point-Of-Care Diagnostics Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the point-of-care diagnostics devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the point-of-care diagnostics devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Point-of-care diagnostics devices are intended to help doctors undertake medical diagnostic testing at or near the point of care in order to provide rapid information about diseases or disorders. These devices are used to evaluate glucose and cholesterol levels, electrolyte and enzyme analyses, drug testing, infectious illness testing, and pregnancy testing.

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