Point-of-Care Diagnostics Devices And Equipment Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Abbott Laboratories, F. Hoffmann-La Roche AG, Siemens Healthineers, Danaher, Beckman Coulter, Becton Dickinson and Compa

Point-of-Care Diagnostics Devices And Equipment Market Outlook 2024: Exclusive Report By The Business Research Company

Point-of-Care Diagnostics Devices And Equipment Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Point-of-Care Diagnostics Devices And Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
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%. The growth in the forecast period can be attributed to healthcare accessibility, global health threats, chronic disease management, telehealth and remote monitoring. Major trends in the forecast period include multiplex testing, smartphone integration, personalized medicine, lab-on-a-chip technology.

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Market Segmentation:
The main types of point-of-care diagnostic devices and equipment are infectious disease testing kits, cardiometabolic 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, and others. Pregnancy and fertility test kits are point-of-care diagnostic devices used to test pregnancy and fertility prior to seeing a doctor. The various prescription modes include prescription-based testing devices, and over-the-counter (OTC) testing devices. These are used by end-users such as professional diagnostic centers, hospitals/critical care centres, outpatient healthcare settings, ambulatory care settings, research laboratories, and homes.

Major Driver - Rising Incidence Of Chronic Diseases Fueling Global Growth In Poc Devices And Equipment Market
An increase in the incidence of target diseases is driving the POC devices and equipment market globally. 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%.

Competitive Landscape:
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

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Top Trend - FDA-Approved Otc Testing Emerges As Key Driver For Point-Of-Care Diagnostics Market Growth
Over-the-counter (OTC) testing is being termed as an important trend driving the growth of the point-of-care diagnostics market. FDA has approved OTC test kits for cholesterol, fecal occult blood, pregnancy, and HIV/HCV. This method would improve the access to testing and early detection of the disease. These testing kits may generate more revenue than prescription tests over the forecast period due to ease of using the kits, increased home care and self-testing, and a rise in availability and adoption rate.

The Table Of Content For The Market Report 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. Point-of-Care Diagnostics Devices And Equipment Market Size And Growth
…..
27. Point-of-Care Diagnostics Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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