Point-Of-Care Diagnostics Devices And Equipment Market Report 2024-2033: Market Size, Growth Prediction And Forecast | Abbott Laboratories, F. Hoffmann-La Roche AG, Siemens Healthineers, Danaher, Beckman Coulter

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company's Point-Of-Care Diagnostics Devices And Equipment Global Market Report 2024 identifies incidence of target diseases as the major driver for the Point-Of-Care Diagnostics Devices And Equipment market's growth in the forecast period. The rising incidence of chronic diseases, like diabetes, rheumatism, or cancer is increasing steadily worldwide due to poor lifestyle choices and increasing obesity, thus driving the growth of the POC devices and equipment market. For example, from March 1, 2020, to March 26, 2022, the National Center for Health Statistics (NCHS) of the Centers for Disease Control and Prevention (CDC) recorded 1,946,662 documented deaths related to cardiovascular disease (CVD) in the United States, the expected death rate by 4.9%, within a confidence interval of 4.8% to 5.0%.

The point-of-care diagnostics devices and equipment market size has grown rapidly in recent years. It will grow from $32.81 billion in 2023 to $37.14 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to infectious disease outbreaks, patient convenience, remote and resource-limited areas, preventive care. The point-of-care diagnostics devices and equipment market size is expected to see rapid growth in the next few years. It will grow to $59.54 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%.

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Major competitors in the Point-Of-Care Diagnostics Devices And Equipment market are Abbott Laboratories, F. Hoffmann-La Roche AG, Siemens Healthineers, Danaher, Beckman Coulter.

A key trend in the Point-Of-Care Diagnostics Devices And Equipment market includes developing innovative products. Major companies operating in the point-of-care diagnostic devices and equipment market are developing innovative products such as Cippoint to improve access to healthcare and reduce the time to diagnosis. Cippoint is a point-of-care testing device for multiple health conditions. It is a state-of-the-art device that offers a wide range of testing parameters, including cardiac markers, diabetes, infectious diseases, fertility, thyroid function, inflammation, metabolic markers, and coagulation markers. For instance, in January 2023, Cipla Limited, an India-based pharmaceutical company, launched a point-of-care testing device for multiple health conditions called Cippoint. It is a state-of-the-art device that offers a wide range of testing parameters. Cippoint is an immunofluorescence-based quantitative analyzer that allows healthcare professionals to get test results in 3 to 15 minutes. This makes it possible to make clinical decisions more quickly and efficiently. Moreover, it is easy to use and can be used in a variety of settings, including hospitals, clinics, and mobile vans.

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The Point-Of-Care Diagnostics Devices And Equipment market is segmented -

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 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
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Point-Of-Care Diagnostics Devices And Equipment market.

The Business Research Company's "Global Point-Of-Care Diagnostics Devices And Equipment Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Point-Of-Care Diagnostics Devices And Equipment Market Include:

1. Executive Summary
2. Point-of-Care Diagnostics Devices And Equipment Market Characteristics
3. Point-of-Care Diagnostics Devices And Equipment Market Trends And Strategies
4. Point-of-Care Diagnostics Devices And Equipment Market - Macro Economic Scenario
5. Global Point-of-Care Diagnostics Devices And Equipment Market Size and Growth
……
31. Global Point-of-Care Diagnostics Devices And Equipment Market Competitive Benchmarking
32. Global Point-of-Care Diagnostics Devices And Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Point-of-Care Diagnostics Devices And Equipment Market
34. Point-of-Care Diagnostics Devices And Equipment Market Future Outlook and Potential Analysis
35. Appendix

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