Transforming the Point-of-Care (POC) Coagulation Testing Market in 2025: Cardiovascular Disease Rates Fuel Expansion Of POC Coagulation Testing Market

"What Is the Expected Size and Growth Rate of the Point-of-Care (POC) Coagulation Testing Market?
The point-of-care (POC) coagulation testing market has grown significantly in recent years. It will grow from $1.18 billion in 2024 to $1.25 billion in 2025, at a CAGR of 5.8%. The growth is driven by increasing patient demand, the growing trend of point-of-care testing, high reliability in coagulation status testing, automation, integration with electronic health records (EHRs), and the rising incidence of cardiovascular diseases and blood disorders.

The point-of-care (POC) coagulation testing market is expected to grow steadily, reaching $1.48 billion by 2029, at a CAGR of 4.2%. Growth factors include expanding healthcare applications, the rising demand in homecare settings, increasing chronic blood disorders, demand for rapid testing, and the rise in point-of-care testing. Trends include technological advancements, high demand in developed countries, expanding healthcare applications, and the impact of COVID-19.

What Factors Are Fueling Growth in the Point-of-Care (POC) Coagulation Testing Market?
The growing burden of cardiovascular diseases (CVDs) is expected to fuel the expansion of the point-of-care (POC) coagulation testing market. CVDs encompass a range of conditions affecting the heart and blood vessels, including coronary artery disease, cerebrovascular disease, and peripheral arterial disease. POC coagulation testing plays a vital role in managing CVDs by providing real-time coagulation status, aiding prompt medical decisions, and minimizing bleeding risks after cardiac procedures. For example, in October 2022, the World Heart Federation, a Switzerland-based non-governmental organization, projected that deaths due to cardiovascular diseases would increase from 18.9 million in 2020 to over 22.2 million by 2030, reaching 32.3 million by 2050. This rising incidence of CVDs is, therefore, propelling the growth of the POC coagulation testing market.

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Which Leading Companies Are Shaping the Growth of the Point-of-Care (POC) Coagulation Testing Market?
Major companies operating in the point-of-care (POC) coagulation testing market report are AT&T Corporation, Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., Abbott Laboratories, F. Hoffmann-La Roche Ltd., Danaher Corporation, Medtronic Plc, Koninklijke Philips N.V., Sysmex Corporation, IDEXX Laboratories Inc., Quidel Corporation, Bio-Rad Laboratories Inc., Teleflex Incorporated, Werfen SA, Nihon Kohden Corporation, Horiba Ltd., Hycel, Nova Biomedical Corporation, Haemonetics Corporation, Maccura Biotechnology Co. Ltd., Helena Laboratories Corporation, Abaxis Inc., ARKRAY Inc., Radiometer Medical ApS, HemoSonics LLC, iLine Microsystems SL, Corgenix Medical Corporation, Quotient Limited, Micropoint Bioscience Inc., Beijing Succeeder Technology Inc., EKF Diagnostics Holdings plc

What Are the Major Trends Shaping the Point-of-Care (POC) Coagulation Testing Market?
Leading companies in the POC coagulation testing market are leveraging strategic collaborations to strengthen their competitive advantage. Strategic collaborations involve formal agreements between multiple entities to achieve shared goals that offer mutual benefits. For example, in January 2023, Jana Care, a US-based company specializing in biomarker assay development for digital health platforms, partnered with Roche Diagnostics, a Switzerland-based developer of diagnostic tests and digital healthcare solutions. This partnership aims to develop and distribute a point-of-care blood testing platform for screening chronic kidney disease and heart failure. The platform allows patients to perform blood tests at home, with clinicians remotely reviewing the results.

What Are the Key Segments of the Point-of-Care (POC) Coagulation Testing Market?
The point-of-care (POC) coagulation testing market covered in this report is segmented -

1) By Technology: Optical Technology, Mechanical Technology, Electrochemical Technology
2) By Distribution Channel: Direct Tenders, Retail
3) By End-User: Hospitals, Clinics, Home care

Subsegments:
1) By Optical Technology: Reflectance Photometry, Fluorescence Detection, Colorimetric Detection
2) By Mechanical Technology: Mechanical Oscillation, Ultrasonic Detection
3) By Electrochemical Technology: Amperometric Detection, Potentiometric Detection, Conductometric Detection

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Which Region Dominates the Point-of-Care (POC) Coagulation Testing Market?
North America was the largest region in the point-of-care (POC) coagulation testing market in 2024. The regions covered in the point-of-care (POC) coagulation testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Point-of-Care (POC) Coagulation Testing Global Market Report?

- Market Size Analysis: Analyze the Point-of-Care (POC) Coagulation Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Point-of-Care (POC) Coagulation Testing 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 (POC) Coagulation Testing 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 (POC) Coagulation Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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