Point of Care Diagnostics Market to Exhibit a Remarkable CAGR of 9.1% by 2031, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyzes that the global point of care diagnostics market which was USD 40,280.13 million in 2023, is expected to reach USD 71,424.23 million by 2031, and is expected to undergo a CAGR of 9.1% during the forecast period of 2024 to 2031.

Market Definition:

Point-of-care diagnostics (POC diagnostics) refer to medical diagnostic testing performed outside of a traditional laboratory setting, typically at or near the location where the patient is receiving care. The purpose of point-of-care diagnostics is to provide rapid and convenient access to diagnostic information, allowing healthcare professionals to make timely decisions about patient management.

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Some of the major players operating in the Point of Care Diagnostics market are:


Abbott(U.S.), Siemens Healthineers AG (Germany), Quidel Corporation (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.), Chembio Diagnostics (U.S.), EKF Diagnostics (U.K.), Trinity Biotech plc (Ireland), Instrumentation Laboratory (a Werfen Company) (U.S.), Nova Biomedical (U.S.), PTS Diagnostics (U.S.), Sekisui Diagnostics (U.S.), Thermo Fisher Scientific (U.S.), bioMérieux S.A. (France)

Competitive Landscape and Point of Care Diagnostics Market Share Analysis:

The point of care diagnostics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to point of care diagnostics market.

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