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How has the point-of-care diagnostics devices and equipment market grown over the years?
The market size for point-of-care diagnostics devices and equipment has seen quick expansion in the past few years. An increase from $61.43 billion in 2024 to $69.96 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 13.9%, is projected. Factors such as outbreaks of infectious diseases, patient convenience, access in remote and resource-limited areas, and preventive care have been crucial drivers for the growth during the historical period.
What Is the forecasted market size and growth rate for the point-of-care diagnostics devices and equipment market?
In the upcoming years, the market size of point-of-care diagnostics devices and equipment is projected to experience swift expansion. The market is predicted to escalate to a value of $111.87 billion by 2029, boasting a compound annual growth rate (CAGR) of 12.4%. The predicted growth during the forecast period can be associated with factors such as improved healthcare accessibility, prevalent global health threats, management of chronic diseases, telehealth, and remote monitoring services. Significant trends anticipated during the forecast era involve multiplex testing, integration with smartphones, personalized health care, and advancement in lab-on-a-chip technology.
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What are the major factors driving growth in the point-of-care diagnostics devices and equipment market?
The global POC devices and equipment market is being propelled by a rise in the prevalence of targeted diseases. Unhealthy lifestyle choices and escalating obesity rates are boosting the occurrences of chronic illnesses such as diabetes, rheumatism, and cancer, consequently fuelling the expansion of the POC devices and equipment market. For example, the IDF Diabetes Atlas, a Belgium-based worldwide resource that offers exhaustive data and insight regarding the prevalence, treatment, and care of diabetes globally, reported in March 2022 that the global case count of diabetes is anticipated to surge from 643 million in 2030 to 783 million by 2045, representing an increase of 140 million cases. It is noted that currently, 537 million adults are living with diabetes, and over 75% are residing in low and middle-income countries.
What key areas define the segmentation of the global point-of-care diagnostics devices and equipment Market?
The point-of-care diagnostics devices and equipment market 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
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What are the top market players propelling the growth of the point-of-care diagnostics devices and equipment industry?
Major companies operating in the point-of-care diagnostics devices and equipment market include Abbott Laboratories, F. Hoffmann-La Roche AG, Siemens Healthineers, Danaher, Beckman Coulter, Becton Dickinson and Company, Qiagen N.V., Johnson & Johnson, Alere, BioMerieux, Chembio Diagnostic Systems, Quidel Corporation, EKF Diagnostics, Trinity Biotech Plc, OraSure Technologies, Sysmex Corporation, Radiometer Medical ApS, Response Biomedical Corporation, Bio-Rad Laboratories, Illumina, Thermo Fisher Scientific Inc., LabCorp, Luminex Corporation, LifeScan, Nova, Sekisui Diagnostics, Hemocue AB, Akers Biosciences, 3D Systems Healthcare, Artec 3D, Canon Medical Systems Corporation, Carestream Health, ContextVision, CurveBeam, EchoPixel, EOS Imaging, Esaote, GE Healthcare, Hitachi Healthcare, Hologic, Intrasense, KaVo Kerr, Konica Minolta Healthcare, Materialise, Mobius Imaging, Neusoft Medical Systems, Orfit Industries, Philips Healthcare, Pie Medical Imaging, Planmed Oy, Sectra, Shenzhen Mindray Bio-Medical Electronics, Shimadzu Corporation, Varian Medical Systems, Ziehm Imaging GmbH
What are the key trends shaping the future of the point-of-care diagnostics devices and equipment market?
The trend of over-the-counter (OTC) tests is being identified as a significant factor propelling the expansion of the point-of-care diagnostics market. The FDA has given its approval for OTC checkups for conditions such as cholesterol, fecal occult blood, pregnancy, and HIV/HCV. This practice could enhance the accessibility to tests and early disease detection. These test kits have the potential to produce more earnings than prescription tests throughout the predicted period, owing to the simplicity of kit usage, a surge in home care and self-testing, and an increased availability and acceptance rate.
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What regions are dominating the point-of-care diagnostics devices and equipment market growth?
North America was the largest region in the point-of-care diagnostic devices and equipment market in 2023. 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.
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