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Point of Care Diagnostics Market - Worldwide Report with Size, Share and Growth Analysis 2029 | TechSci Research

01-29-2024 01:31 PM CET | Health & Medicine

Press release from: TechSci Research Pvt Ltd

Point of Care Diagnostics Market

Point of Care Diagnostics Market

According to TechSci Research report, "Point of Care Diagnostics Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028", the Global Point of Care Diagnostics Market stood at USD 43.12 billion in 2022 and is anticipated to grow with a CAGR of 9.18% in the forecast period, 2024-2028. Point of care diagnostics refers to medical testing performed near or at the site of patient care, providing quick and actionable results without the need for centralized laboratories. One of the primary drivers fueling the growth of the Global Point of Care Diagnostics Market is the escalating prevalence of chronic diseases worldwide. Conditions such as diabetes, cardiovascular diseases, and respiratory disorders are on the rise, necessitating efficient and timely diagnostic solutions. Point-of-care testing allows for the immediate detection of biomarkers associated with these chronic illnesses, enabling early intervention and better management of patient outcomes. As the global burden of chronic diseases continues to increase, the demand for rapid and accessible diagnostic tools at the point of care is expected to soar. Biosensor technology is at the forefront of innovation in point-of-care diagnostics.

๐๐ซ๐จ๐ฐ๐ฌ๐ž, ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐๐š๐ญ๐š, ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐š๐ง๐ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐“๐Ž๐‚ ๐จ๐ง - https://www.techsciresearch.com/report/point-of-care-diagnostics-market/23497.html

These devices, capable of detecting specific biomarkers with high sensitivity, are revolutionizing the speed and accuracy of diagnostic testing. Miniaturized biosensors integrated into point-of-care devices allow for the rapid identification of various analytes, ranging from infectious agents to specific biomolecules indicative of chronic conditions. The continuous advancement of biosensor technology is expanding the diagnostic capabilities of point-of-care devices, making them invaluable tools for quick and reliable medical testing. While initially limited to specific tests, the market is witnessing a shift towards broader test menus, allowing for a more comprehensive range of diagnostic capabilities. Multiplexing, the simultaneous detection of multiple analytes in a single test, is gaining prominence. This trend enhances the versatility of point-of-care diagnostics, enabling healthcare providers to obtain a more comprehensive view of a patient's health status in a single testing session.

The Global Point of Care Diagnostics Market is segmented into Product, Platform, Mode Of Purchase, Regional Distribution, And Company. Based on the Product, glucose monitoring products emerged as the dominant segment in the global market for Global Hematology Point of Care Diagnostics in 2022. The elevated demand for glucose monitoring devices is fueled by the rising global prevalence of diabetes. Given the escalating incidence of diabetes and the imperative for consistent blood glucose level monitoring, point-of-care glucose testing devices have become indispensable in managing this chronic condition. These devices facilitate prompt and user-friendly testing, enabling patients to monitor their glucose levels conveniently at home or in diverse healthcare settings. Technological advancements, notably continuous glucose monitoring systems, have additionally spurred the demand for glucose monitoring products. These systems offer real-time data, mitigating the reliance on conventional fingerstick tests and further contributing to the expansion of the market.

Based on the Platform, Lateral Flow Assays emerged as the dominant segment in the global market for Global Hematology Point of Care Diagnostics in 2022.Lateral flow assays are recognized for their straightforwardness, rapidity, and user-friendly nature. Typically presented as test strips or cartridges, these assays are crafted for the swift on-site detection of diverse analytes. Their prevalent applications encompass pregnancy tests, infectious disease testing, and cardiac marker assessments. The uncomplicated design of lateral flow assays renders them particularly well-suited for point-of-care settings, where the expeditious acquisition of results is paramount.

Based on the Mode Of Purchase, Prescription-based products emerged as the dominant segment in the global market for Global Hematology Point of Care Diagnostics in 2022. Some advanced point-of-care diagnostic tests, especially those involving complex technologies or providing information that requires professional interpretation, may be available primarily through prescription. Healthcare providers may prescribe certain diagnostic tests based on the patient's condition or medical history. This approach ensures that the results are interpreted and communicated by trained professionals, reducing the risk of misinterpretation.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=23497

North America emerged as the dominant player in the Global Point of Care Diagnostics Market in 2022, holding the largest market share. North America has been at the forefront of technological advancements in the healthcare sector, and this includes point-of-care diagnostics. The region has a robust infrastructure supporting research and development activities, leading to the introduction of innovative and advanced diagnostic technologies. The continuous integration of cutting-edge technologies enhances the efficiency and accuracy of point-of-care diagnostics, attracting both healthcare providers and patients. The United States, in particular, has one of the highest healthcare expenditures globally. The significant investment in healthcare infrastructure, research, and development creates an environment conducive to the adoption of advanced medical technologies, including point-of-care diagnostics. The willingness to invest in state-of-the-art healthcare solutions contributes to the dominance of North America in the market.

Major companies operating in Global Point of Care Diagnostics Market are:

EKF Diagnostics
Abbott Laboratories Inc.
Siemens Healthineers Ag
F. Hoffmann-La Roche Ltd
Quidel Corporation
Danaher Corporation
Becton, Dickinson and Company
Thermo Fisher Scientific Inc
Biomรฉrieux S.A.
Chembio Diagnostics, Inc


"The global Point of Care Diagnostics market is anticipated to experience significant growth in the coming years. Anticipated technological advancements, including the integration of artificial intelligence and continuous innovation in diagnostic platforms, are expected to enhance the speed, accuracy, and versatility of point-of-care testing. The rising prevalence of chronic diseases, coupled with an aging global population, will further drive demand for immediate and decentralized diagnostic solutions. The increasing awareness of preventive healthcare and the lessons learned from the COVID-19 pandemic underscore the pivotal role of rapid diagnostics in public health. As healthcare systems worldwide continue to prioritize accessibility, efficiency, and patient-centric care, the Global Point of Care Diagnostics Market is well-positioned to be a cornerstone in this transformative journey, offering solutions that empower both healthcare providers and individuals in managing health proactively." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

"Point of Care Diagnostics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Glucose Monitoring Products, Cardiometabolic Monitoring Products, infectious Disease Testing Products, Coagulation Monitoring products, Covid-19 Test Products, Others), By Platform (Lateral Flow Assays, Dipsticks, Microfluidics, Molecular Diagnostics, Immunoassays), By Mode Of Purchase (Prescription Based Products, OTC Products), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others) Region and Competition", has evaluated the future growth potential of Global Point of Care Diagnostics Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Point of Care Diagnostics Market.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=23497

Table OF Content:

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Global Point of Care Diagnostics Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Product (Glucose Monitoring Products, Cardiometabolic Monitoring Products, infectious Disease Testing Products, Coagulation Monitoring products, Covid-19 Test Products, Others)

4.2.2. By Platform (Lateral Flow Assays, Dipsticks, Microfluidics, Molecular Diagnostics, Immunoassays)

4.2.3. By Mode Of Purchase (Prescription Based Products, OTC Products)

4.2.4. By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others)

4.2.5. By Region

4.2.6. By Company (2022)

4.3. Market Map

4.3.1. By Product

4.3.2. By Platform

4.3.3. By Mode Of Purchase

4.3.4. By End User

4.3.5. By Region

5. Asia Pacific Point of Care Diagnostics Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product

5.2.2. By Platform

5.2.3. By Mode Of Purchase

5.2.4. By End User

5.2.5. By Country

5.3. Asia Pacific: Country Analysis

5.3.1. China Point of Care Diagnostics Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Product

5.3.1.2.2. By Platform

5.3.1.2.3. By Mode Of Purchase

5.3.1.2.4. By End User

5.3.2. India Point of Care Diagnostics Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Product

5.3.2.2.2. By Platform

5.3.2.2.3. By Mode Of Purchase

5.3.2.2.4. By End User

5.3.3. Australia Point of Care Diagnostics Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Product

5.3.3.2.2. By Platform

5.3.3.2.3. By Mode Of Purchase

5.3.3.2.4. By End User

5.3.4. Japan Point of Care Diagnostics Market Outlook

5.3.4.1. Market Size & Forecast

5.3.4.1.1. By Value

5.3.4.2. Market Share & Forecast

5.3.4.2.1. By Product

5.3.4.2.2. By Platform

5.3.4.2.3. By Mode Of Purchase

5.3.4.2.4. By End User

5.3.5. South Korea Point of Care Diagnostics Market Outlook

5.3.5.1. Market Size & Forecast

5.3.5.1.1. By Value

5.3.5.2. Market Share & Forecast

5.3.5.2.1. By Product

5.3.5.2.2. By Platform

5.3.5.2.3. By Mode Of Purchase

5.3.5.2.4. By End User

6. Europe Point of Care Diagnostics Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product

6.2.2. By Platform

6.2.3. By Mode Of Purchase

6.2.4. By End User

6.2.5. By Country

6.3. Europe: Country Analysis

6.3.1. France Point of Care Diagnostics Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product

6.3.1.2.2. By Platform

6.3.1.2.3. By Mode Of Purchase

6.3.1.2.4. By End User

6.3.2. Germany Point of Care Diagnostics Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product

6.3.2.2.2. By Platform

6.3.2.2.3. By Mode Of Purchase

6.3.2.2.4. By End User

6.3.3. Spain Point of Care Diagnostics Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product

6.3.3.2.2. By Platform

6.3.3.2.3. By Mode Of Purchase

6.3.3.2.4. By End User

6.3.4. Italy Point of Care Diagnostics Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Product

6.3.4.2.2. By Platform

6.3.4.2.3. By Mode Of Purchase

6.3.4.2.4. By End User

6.3.5. United Kingdom Point of Care Diagnostics Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Product

6.3.5.2.2. By Platform

6.3.5.2.3. By Mode Of Purchase

6.3.5.2.4. By End User

7. North America Point of Care Diagnostics Market Outlook

....................toc continued

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐ญ๐ก๐ž ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ (๐˜‹๐˜ฆ๐˜ต๐˜ข๐˜ช๐˜ญ๐˜ฆ๐˜ฅ ๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ-๐˜ฃ๐˜บ-๐˜ค๐˜ฉ๐˜ข๐˜ฑ๐˜ต๐˜ฆ๐˜ณ ๐˜จ๐˜ถ๐˜ช๐˜ฅ๐˜ข๐˜ฏ๐˜ค๐˜ฆ, ๐˜™๐˜ฆ๐˜จ๐˜ช๐˜ฐ๐˜ฏ๐˜ข๐˜ญ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด, ๐˜Ž๐˜ณ๐˜ข๐˜ฑ๐˜ฉ๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜™๐˜ฆ๐˜ฑ๐˜ณ๐˜ฆ๐˜ด๐˜ฆ๐˜ฏ๐˜ต๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜™๐˜ช๐˜ด๐˜ฌ๐˜ด, ๐˜–๐˜ฑ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ถ๐˜ฏ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด, ๐˜š๐˜ข๐˜ญ๐˜ฆ๐˜ด ๐˜๐˜ฐ๐˜ญ๐˜ถ๐˜ฎ๐˜ฆ, ๐˜™๐˜ฆ๐˜ท๐˜ฆ๐˜ฏ๐˜ถ๐˜ฆ ๐˜ˆ๐˜ฏ๐˜ข๐˜ญ๐˜บ๐˜ด๐˜ช๐˜ด)- https://www.techsciresearch.com/sample-report.aspx?cid=23497

Related Reports:

Biochemical Sensors Market - https://www.techsciresearch.com/report/biochemical-sensors-market/16223.html

BNP And NTproBNP Markethttps://www.techsciresearch.com/report/bnp-and-ntprobnp-market/21020.html

Point of Care Diagnostics Market - https://www.techsciresearch.com/report/point-of-care-diagnostics-market/23497.html

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TechSci Research is a research based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries.

TechSci Research's core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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The India semiconductor market is poised for significant growth, as indicated by the TechSci Research report titled "๐ˆ๐ง๐๐ข๐š ๐’๐ž๐ฆ๐ข๐œ๐จ๐ง๐๐ฎ๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ - By Region, Competition Forecast & Opportunities, 2019-2029." With a valuation of ๐”๐’๐ƒ ๐Ÿ‘๐Ÿ’,๐Ÿ’๐Ÿ๐Ÿ”.๐Ÿ—๐Ÿ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘, ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ ๐ซ๐จ๐›๐ฎ๐ฌ๐ญ ๐ž๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐ฐ๐ข๐ญ๐ก ๐š ๐œ๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐š๐ง๐ง๐ฎ๐š๐ฅ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ๐Ÿ’.๐Ÿ‘๐Ÿ% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐. Several factors contribute to this growth, including increasing consumer demand for electronicโ€ฆ

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