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Global Point-Of-Care Molecular Diagnostics Market: Rapid Growth, Key Drivers, and Emerging Trends
Point-Of-Care Molecular Diagnostics Market
Surge in Precision Medicine and Technological Advancements Driving Growth in Point-Of-Care Molecular Diagnostics Market
What Is The Projected Market Size Of The Global Point-Of-Care Molecular Diagnostics Market And Its Growth Rate?
The point-of-care molecular diagnostics market is experiencing rapid growth owing to the increasing demand for efficient disease diagnosis and technological advancements. Key market statistics include:
- The size of the market grew from $3.55 billion in 2024 to $4.01 billion in 2025, representing a compound annual growth rate (CAGR) of 12.9%.
- The market is expected to reach $7.02 billion by 2029, growing at a CAGR of 15.0%.
What Is Driving The Growth In The Point-Of-Care Molecular Diagnostics Market?
The growth of point-of-care molecular diagnostics market is largely driven by an increase in infectious and respiratory diseases. There has been a noticeable surge in the number of reported respiratory infections caused by microorganisms. The severity of respiratory diseases necessitates a range of treatments including inhalers, oral medications, intravenous treatments, and point-of-care molecular diagnostics. Therefore, the rise in infection rates and the need for urgent response will continue to drive the growth of the point-of-care molecular diagnostics market.
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Who Are the Key Players Driving Point-Of-Care Molecular Diagnostics Market Growth?
Key players in the market include:
• Abbott Laboratories
• F Hoffmann-La Roche Ltd.
• BioMérieux SA
• Danaher Corporation
• Quidel Corporation
• BioMerieux SA
• Bio-Rad Laboratories Inc.
• Sysmex Corporation
• Illumina Inc.
• Myriad Genetics Inc.
What Are The Key Trends In The Point-Of-Care Molecular Diagnostics Market?
The major trends shaping the market include:
• Lab-on-a-chip and microfluidic technologies
• Digital health and smartphone-based diagnostics
• Preparedness for COVID-19 and future pandemics
• Predictive diagnostics powered by AI
• CRISPR-based molecular testing
What Are The Segments Of The Global Point-Of-Care Molecular Diagnostics Market?
The global point-of-care molecular diagnostics market is segmented
1) By Product and Service: Assays and Kits, Instruments and Analyzers, Software and Services
2) By Technology: Reverse Transcription - Polymerase Chain Reaction (RT-PCR), In Situ Hybridization, Sequencing
3) By Application: Respiratory Diseases, Hospital Acquired Infections (HAIs), Cancer/Oncology, Hepatitis, Hematology
4) By End-User: Decentralized Labs, Hospitals, Home Care, Assisted Living Healthcare Facilities
Which Region Leads The Point-Of-Care Molecular Diagnostics Market?
North America was the largest region in the point-of-care molecular diagnostics market in 2024. In the coming years, the Asia-Pacific region is expected to witness the fastest growth in the market.
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What Is Covered In The Point-Of-Care Molecular Diagnostics Market Global Market Report?
- Market Size Analysis: Analyze the Point-Of-Care Molecular Diagnostics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Point-Of-Care Molecular Diagnostics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Point-Of-Care Molecular Diagnostics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Point-Of-Care Molecular Diagnostics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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