Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.
What Is the Current and Projected Market Size of the Point-of-Care Diagnostics Devices And Equipment Market Through 2034?
In the past few years, the market size of point-of-care diagnostics devices and equipment has experienced a rapid expansion. The market is expected to surge from $57.3 billion in 2024 to $64.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 11.9%. The historic growth of the market is partly due to various factors such as infectious disease outbreaks, patient convenience, accessibility in remote and resource-limited locations, and an emphasis on preventive care.
The market for point-of-care diagnostics devices and equipment is set to witness a significant expansion in the coming years, escalating to $102.17 billion by 2029, with a compound annual growth rate (CAGR) of 12.4%. Several factors are driving growth for this future period, such as access to healthcare, global health crises, management of chronic diseases, telehealth initiatives, and remote monitoring. Trends anticipated for this forthcoming period include multiplex testing, the integration of smartphones, personalized healthcare, and lab-on-a-chip technology.
Download a free sample to assess the report’s scope and structure:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2387&type=smp
What Are the Major Market Drivers Behind the Rising Adoption of Point-of-Care Diagnostics Devices And Equipment Market?
An upsurge in the occurrence of target diseases is propelling the global growth of the POC devices and equipment market. Owing to poor lifestyle habits and increased obesity, there has been a continuous rise in the prevalence of chronic disorders such as diabetes, rheumatism, and cancer, thus stimulating the POC devices and equipment market expansion. To illustrate, the IDF Diabetes Atlas, a Belgium-based platform offering comprehensive information on global diabetes prevalence, care, and treatment, stated in March 2022, the worldwide occurrence of diabetes is predicted to rise from 643 million in 2030 to 783 million by 2045, leading to an increment of 140 million cases. At present, 537 million adults are living with diabetes, with over 75% residing in low- to middle-income nations.
Which Key Market Segments Comprise the Point-of-Care Diagnostics Devices And Equipment Market and Drive Its Revenue Growth?
The point-of-care diagnostics devices and equipmentmarket covered in this report is segmented –
1) By Type: Infectious disease testing kits, Cardio metabolic monitoring kits,, Cholesterol testing kits, Pregnancy and fertility tests kits, Tumor Or cancer markers, Urinalysis testing kits, Hematology testing kits, Drugs of abuse testing kits, Fecal occult testing kits, Other Types
2) By Prescription Mode: Prescription-based Testing Devices, Over-The-Counter (OTC) Testing Devices
3) By End User: Professional diagnostic centers, Hospitals/critical care centers, Outpatient healthcare Setting, Ambulatory care settings, Research laboratories, Home
Subsegments:
1) By Infectious Disease Testing Kits: HIV Testing Kits, Hepatitis Testing Kits, Malaria Testing Kits, Influenza Testing Kits, COVID-19 Testing Kits, Other Infectious Disease Testing Kits
2) By Cardio Metabolic Monitoring Kits: Blood Glucose Testing Kits, Blood Pressure Monitoring Kits, Lipid Testing Kits, Other Cardio Metabolic Monitoring Kits
3) By Cholesterol Testing Kits: Total Cholesterol Testing Kits, HDL Cholesterol Testing Kits, LDL Cholesterol Testing Kits, Triglyceride Testing Kits
4) By Pregnancy and Fertility Test Kits: Pregnancy Test Kits, Ovulation Test Kits, Fertility Monitoring Kits
5) By Tumor Or Cancer Markers: Prostate-Specific Antigen (PSA) Test Kits, Human Epidermal Growth Factor Receptor 2 (HER2) Test Kits, CA-125 Test Kits, Alpha-Fetoprotein (AFP) Test Kits, Other Cancer Marker Test Kits
6) By Urinalysis Testing Kits: Protein Testing Kits, Glucose Testing Kits, pH Testing Kits, Specific Gravity Testing Kits, Nitrite Testing Kits, Other Urinalysis Testing Kits
7) By Hematology Testing Kits: Complete Blood Count (CBC) Kits, Hemoglobin Testing Kits, Hematocrit Testing Kits, Platelet Count Kits, Other Hematology Testing Kits
8) By Drugs of Abuse Testing Kits: Marijuana Testing Kits, Cocaine Testing Kits, Opioid Testing Kits, Amphetamine Testing Kits, Other Drugs of Abuse Testing Kits
9) By Fecal Occult Testing Kits: Stool Blood Test Kits, Occult Blood Screening Kits, Other Fecal Occult Testing Kits
10) By Other Types: Glucose Monitoring Kits, Temperature Monitoring Kits, Oxygen Saturation Monitoring Kits, Other Specialty Point-of-Care Kits
Request customized data on this market:
https://www.thebusinessresearchcompany.com/customise?id=2387&type=smp
Which Areas Are Leading Regions in the Point-of-Care Diagnostics Devices And Equipment Market Expansion Across the Globe?
North America was the largest region in the point-of-care diagnostic devices and equipment market in 2024. Asia-Pacific was the second-largest region in the global point-of-care diagnostics devices and equipment market. The regions covered in the point-of-care diagnostics devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Are the Strategic Trends Steering thePoint-of-Care Diagnostics Devices And Equipment Market Direction?
One of the significant trends propelling the expansion of the point-of-care diagnostics market is the adoption of over-the-counter (OTC) testing. The FDA has given its approval for OTC test kits, including those for cholesterol, fecal occult blood, pregnancy, and HIV/HCV. This strategy is expected to boost early disease detection and testing accessibility. Revenue generation from these testing kits may exceed that of prescription tests throughout the projection period, facilitated by the convenience of using the kits, the rise in home-based care and self-testing, and an increase in availability and uptake.
View the full report here:
How Is the Point-of-Care Diagnostics Devices And Equipment Market Conceptually Defined?
Point-of-care diagnostics devices are designed to aid doctors in performing medical diagnostic testing at or near the point of care, for immediate knowledge on diseases or conditions. These devices are used to test glucose and cholesterol levels, do electrolyte and enzyme analysis, test for drugs of abuse and for infectious diseases, and for pregnancy testing.
Purchase the full report and get a swift delivery:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2387
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Europe +44 7882 955267
Asia & Others +44 7882 955267 & +91 8897263534
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model