North America Point-of-Care Diagnostics Market Accelerates: AI, Home Testing & Cancer Panels | Major Companies are QIAGEN, Trinity Biotech plc, BioMérieux SA.

The North America point-of-care diagnostics market size reached US$ 6.74 billion in 2024 and is expected to reach US$ 13.25 billion by 2033, growing at a CAGR of 7.9% during the forecast period 2025-2033.

North America Point-of-Care Diagnostics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Point-of-care diagnostics refers to medical testing performed at or near the site of patient care such as clinics, pharmacies, or at home delivering rapid results that enable immediate clinical decisions without the need for centralized laboratory processing.

☛ Industry News of USA and Japan:

✦ North America (U.S.)

✔ Major $17.5B Merger in Diagnostics
Waters Corporation will merge with Becton Dickinson's diagnostics and biosciences unit, creating a combined business with a $40 billion addressable market. The move aims for $345 million in annual cost savings by 2030, with deal completion targeted for early 2026.

✔ Thermo Fisher's Strategic Divestment
Thermo Fisher plans to sell parts of its diagnostics division, including its microbiology unit, valued at around $4 billion and generating $1.4 billion in annual revenue. The sale reflects a strategic shift in focus within the healthcare sector.

✦ Japan
✔ Balancing AI Diagnostics and Data Privacy
Japan is working to advance AI-based diagnostics while addressing strict patient data privacy rules. Policymakers aim to create standardized frameworks for secure data sharing and expand the regulated use of anonymized health data to enable innovation in healthcare diagnostics.

☛ Key Players:

BD, QuidelOrtho Corporation, QIAGEN, Trinity Biotech plc, BioMérieux SA, F. Hoffmann-La Roche Ltd, Siemens Healthineers AG, Abbott, Danaher Corporation, and Nova Biomedical, among others.

☛ Growth Forecast Projected:

The Global North America Point-of-Care Diagnostics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

☛ Research Process:

Both primary and secondary data sources have been used in the global North America Point-of-Care Diagnostics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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☛ Market Segmentation:

↬ By Product: Infectious Disease Testing Products, Blood Glucose Products, Blood Gas & Electrolyte Products, Hematology Testing Products, Urinalysis Products, Pregnancy and Fertility Testing Products, Tumor/Cancer Profiling Products, Drug-of-Abuse Products, Others.

↬ By Technology: Lateral Flow Assays, Immunoassays, Molecular Diagnostics, Microfluidics, Others.

↬ By Application: Infectious Diseases, Hematology, Cardiology, Endocrinology, Oncology, Drug Testing, Neurology, Others.

↬ By End-User: Hospitals & Clinics, Diagnostic Laboratories, Ambulatory Surgery Centers (ASCs), Home Care Settings.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the North America Point-of-Care Diagnostics market?

➠ Who are the leading manufacturers in the global North America Point-of-Care Diagnostics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global North America Point-of-Care Diagnostics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the North America Point-of-Care Diagnostics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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