Point-of-Care (POC) Coagulation Testing Devices Market Size Forecasted To Achieve $3.36 Billion By 2029 With Steady Growth

The Point-of-Care (POC) Coagulation Testing Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Point-of-Care (POC) Coagulation Testing Devices Market Size and Projected Growth Rate?
The point-of-care (POC) coagulation testing devices market, with a value of $2.12 billion in 2024, is forecasted to reach $2.33 billion in 2025, growing at a CAGR of 9.9%. Growth in this market can be attributed to the rising prevalence of chronic and infectious diseases, an aging population, the growing use of portable miniaturized instruments, the demand for biomarker profiling, and the increasing interest in personalized medicine.

The point-of-care (POC) coagulation testing devices market is set to see significant growth, reaching $3.36 billion by 2029 at a CAGR of 9.7%. The growth is driven by the need for rapid and accurate disease diagnosis, a focus on wellness and preventive healthcare, the rise of telemedicine, and an increased demand for on-site diagnostics. Key trends include the integration of next-generation sequencing (NGS), RNA detection, single-cell PCR analysis, bioinformatics tools, microfluidics, and AI in data analysis.

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

1) By Product Type: Coagulation Monitors, Consumables, Coagulation Analyzers
2) By Technology: Optical Technology, Mechanical Technology, Electrochemical Technology
3) By Method: Prothrombin Time And International Normalized Ratio, Viscoelastic Coagulation Monitoring, Other Methods
4) By Application: Blood Glucose Testing, Infectious Diseases Testing, Cardiac Markers Testing, Coagulation Testing, Blood Gas And Electrolyte Testing, Other Applications
5) By End-User: Hospitals, Diagnostic Laboratories, Clinics, Other End-Users

Subsegments:
1) By Coagulation Monitors: Prothrombin Time (Pt) Monitors, International Normalized Ratio (Inr) Monitors, Activated Partial Thromboplastin Time (Aptt) Monitors, Whole Blood Coagulation Monitors, Clotting Time Monitors
2) By Consumables: Test Strips, Reagents, Control Solutions, Calibration Kits, Lancets And Needles
3) By Coagulation Analyzers: Portable Coagulation Analyzers, Benchtop Coagulation Analyzers, Fully Automated Coagulation Analyzers, Semi-Automated Coagulation Analyzers, Coagulation Testing Kits (For Home Use)

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What Are The Driving Point-of-Care (POC) Coagulation Testing Devices Market Evolution?
The growing incidence of blood clotting disorders is anticipated to drive the growth of the point-of-care (POC) coagulation testing devices market. Blood clotting disorders hinder the blood's ability to clot effectively, with lifestyle factors like smoking, heavy alcohol consumption, and lack of physical activity contributing to the risk. These habits negatively impact blood vessel health, clotting factor levels, and blood flow, increasing the likelihood of abnormal clot formation. POC coagulation testing devices offer healthcare professionals a quick way to assess a patient's coagulation status, enabling timely adjustments to treatment plans. For instance, the World Federation of Hemophilia's global survey in October 2023 revealed 427,685 individuals affected by bleeding disorders in 2022, including 257,146 people with hemophilia. The rise in blood clotting disorders, as demonstrated by these figures, is expected to stimulate market growth for POC coagulation testing devices.

Which Firms Dominate The Point-of-Care (POC) Coagulation Testing Devices Market Segments?
Major companies operating in the point-of-care (POC) coagulation testing devices market are Roche Diagnostics, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic plc, Siemens Healthineers, Koninklijke Philips N.V., Bio-Rad Laboratories Inc., Werfen, Haemonetics Corporation, Sonora Quest Laboratories, 23andMe Holding Co, Thorne HealthTech Inc., Metropolis Healthcare Limited, Color Health Inc., LetsGetChecked Inc., Ambry Genetics Corporation, MyHeritage Ltd., Genova Diagnostics Inc., Everlywell Inc., Complete Genomics Incorporated, DanteLabs Inc., HemoSonics LLC, Gene by Gene Ltd., Veritas Intercontinental, DirectLabs LLC, Full Genomes Corporation Inc., Ulta Lab Tests LLC, WellnessFX Inc., Any Lab Test Now Inc.

What Are the Major Trends Shaping the Point-of-Care (POC) Coagulation Testing Devices Market?
Companies in the point-of-care (POC) coagulation testing devices market are focusing on developing immunofluorescence-based analyzers to improve the diagnosis of coagulation disorders. For example, in January 2023, Cipla Limited launched Cippoint, an immunofluorescence-based analyzer that provides rapid and accurate results in just 3 to 15 minutes. This device is designed to improve diagnostic efficiency and patient care outcomes by enabling quicker clinical decisions for coagulation disorders.

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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Point-of-Care (POC) Coagulation Testing Devices Market?
2. What is the CAGR expected in the Point-of-Care (POC) Coagulation Testing Devices Market?
3. What Are the Key Innovations Transforming the Point-of-Care (POC) Coagulation Testing Devices Industry?
4. Which Region Is Leading the Point-of-Care (POC) Coagulation Testing Devices Market?

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