Point of Care Diagnostics Market to Grow Expeditiously: Projected to Reach USD 55.3 Billion by 2030, Exclusive Report

Point-of-care (POC) diagnostic devices defined in this report are medical devices, which imply in the POC diagnostic procedures, used primarily in the investigation of various diseases, such as cancer, diabetes, cardiac diseases, and others. They allow healthcare professionals to diagnose and treat these medical conditions by analyzing the causes of diseases. The adoption of these devices increases among the professionals because they provide immediate direction for accurate treatment by offering instant diagnosis results. In addition, technological advancements in the POC diagnostic devices, such as the launch of innovative and advanced glucose monitoring kits and pregnancy and fertility kits have attracted end-users to adopt the devices for the testing and diagnosis procedures.

Point of care diagnostics market size was valued at $29,478.63 million in 2020, and is estimated to reach $55.3 Billion by 2030, growing at a CAGR of 6.5% from 2021 to 2030.

Some of the key players involved in the Market are:

Johnson and Johnson, sysmex corporation, Nova Biomedical, Danaher Corporation, Becton Dickinson and Company, bioMrieux SA, Abbott Laboratories, Siemens AG, Hoffmann La Roche Ltd, Sinocare Inc.

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The Point of Care Diagnostics (POC) market can be segmented based on various factors. Here are some common segmentation approaches:

1. Product Type:
   • Glucose Monitoring Kits
   • Infectious Disease Testing Kits
   • Cardiac Markers
   • Pregnancy and Fertility Testing Kits
   • Coagulation Monitoring Kits
   • Hematology Testing Kits
   • Others (Cholesterol Testing Kits, Drug Abuse Testing Kits, etc.)
2. End User:
   • Hospitals
   • Clinics and Outpatient Settings
   • Home Care Settings
   • Diagnostic Laboratories
   • Others (Ambulatory Care Settings, Research Institutes, etc.)
3. Mode of Purchase:
   • Over-the-counter (OTC) Testing Kits
   • Prescription-based Testing Kits
4. Technology:
   • Lateral Flow Assays
   • Biosensors
   • Molecular Diagnostics
   • Microfluidics
   • Others (Immunofluorescence, Immunoassays, etc.)
5. Application:
   • Infectious Diseases (HIV, Hepatitis, Influenza, etc.)
   • Cardiology
   • Oncology
   • Blood Testing
   • Pregnancy and Fertility Testing
   • Coagulation Monitoring
   • Others (Diabetes Management, Respiratory Diseases, Urinalysis, etc.)
6. Geography:
   • North America (United States, Canada)
   • Europe (United Kingdom, Germany, France, Italy, Spain, etc.)
   • Asia Pacific (China, India, Japan, Australia, South Korea, etc.)
   • Latin America (Brazil, Mexico, Argentina, etc.)
   • Middle East and Africa (Saudi Arabia, South Africa, UAE, etc.)

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