Future of the Point-of-Care Technology Market: Strategic Analysis and Forecast to 2034

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Point-of-Care Technology Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been robust growth in the point-of-care technology market size in the recent past. In terms of revenue, it is set to escalate from $39.33 billion in 2024 to $43.21 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.9%. This growth in the historic period is a result of the increasing decentralisation in healthcare delivery, an amplified need for immediate diagnosis in emergencies, burgeoning demand for swift infection screening, a rise in the introduction of mobile testing units, and an intensified emphasis on cost-effective diagnostic workflows.

Point-of-Care Technology Market Size Forecast: What's the Projected Valuation by 2029?
The market size of point-of-care technology is projected to experience robust growth in the upcoming years, swelling to a staggering $62.16 billion by 2029 with a compound annual growth rate (CAGR) of 9.5%. The projected growth within the forecast period can be linked to the emergence of telemedicine platforms, increased focus on personalized and preemptive care, wider utilization in home-based health monitoring, and the escalation of governmental schemes endorsing decentralized testing. Key trends within the forecast period are the expansions in artificial intelligence-driven diagnostic procedures, the invention of handheld multiplex testing apparatuses, advancements in wearable health monitoring gear, progression in integrating cloud-based data, and the creation of telehealth ecosystems that functions from home.

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What Are the Drivers Transforming the Point-of-Care Technology Market?
The surge of chronic diseases is predicted to spur the expansion of the point-of-care technology market in the future. Chronic diseases are lasting health issues requiring steady medical attention and lifestyle modifications over time. A sedentary lifestyle contributes to their rise, as lack of physical activity and extensive periods of sitting increase the likelihood of conditions such as heart disease and diabetes. Point-of-care technology contributes significantly to chronic disease management by facilitating immediate, on-site diagnostic tests, making it perfect for homes, clinics, and distance healthcare setups. This technology lessens treatment waiting times by offering instantaneous results, enhancing patient supervision, and overall ease of healthcare. For example, the National Health Service, a government department in the UK, reported in June 2024 that the number of individuals registered with a general practitioner (GP) diagnosed with non-diabetic hyperglycemia or pre-diabetes in 2023 reached 3,615,330, showing an 18% rise from 2022's figure of 3,065,825 cases. Consequently, the escalating occurrence of chronic diseases is fueling the expansion of the point-of-care technology market.

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What Trends Will Shape the Point-of-Care Technology Market Through 2029 and Beyond?
Leading entities in the point-of-care technology market are prioritizing the development of technologically superior, AI-enabled diagnostic platforms to enhance precision, speed, and reach in disease identification. These cutting-edge systems employ artificial intelligence for swift medical data examination, facilitating instantaneous, on-site checks for critical illnesses like cancer. To illustrate, Avitia Inc., a Canadian point-of-care diagnostics firm, in February 2025, unveiled an AI-integrated platform for quick and on-site cancer testing. The platform combines machine learning algorithms with portable diagnostic tools, enabling medical practitioners to offer quick and accurate cancer screening beyond typical laboratory environments. This technological breakthrough reduces waiting times, boosts early detection, and decreases dependency on complex infrastructure, thereby making advanced diagnosis more attainable in remote or inadequately served areas.

Which Segments in the Point-of-Care Technology Market Offer the Most Profit Potential?
The point-of-care technology market covered in this report is segmented

1) By Product Type: Diagnostics Devices, Monitoring Devices, Therapeutic Devices, Data Management Systems
2) By Ownership Model: Standalone Solutions, Integrated Solutions, Cloud-Based Solutions
3) By Technology: Microfluidics, Polymerase Chain Reaction (PCR), Immunoassays
4) By Application: Infectious Disease Testing, Glucose Monitoring, Cardiometabolic Monitoring, Pregnancy And Fertility Testing, Other Applications
5) By End-User: Hospitals, Clinics, Homecare Settings, Ambulatory Surgical Centers

Subsegments:
1) By Diagnostics Devices: Blood Glucose Monitoring Devices, Infectious Disease Testing Devices, Cardiac Marker Testing Devices, Coagulation Testing Devices, Pregnancy And Fertility Testing Devices, Urinalysis Testing Devices, Hematology Testing Devices, Cholesterol Testing Devices
2) By Monitoring Devices: Vital Signs Monitoring Devices, Continuous Glucose Monitoring Devices, Cardiac Monitoring Devices, Respiratory Monitoring Devices
3) By Therapeutic Devices: Insulin Delivery Devices, Nebulizers, Dialysis Machines, Infusion Pumps
4) By Data Management Systems: Point Of Care (POC) Data Integration Systems, Point Of Care (POC) Middleware Solutions, Point Of Care (POC) Data Analytics Platforms

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Which Firms Dominate the Point-of-Care Technology Market by Market Share and Revenue in 2025?
Major companies operating in the point-of-care technology market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Hologic Inc., bioMérieux SA, Quidel Corporation, Sysmex Corporation, Cepheid Inc., Radiometer Medical ApS, Nova Biomedical, Sekisui Diagnostics LLC, Abaxis Inc., BHR Biosynex, EKF Diagnostics Holdings plc, Acon Laboratories Inc., Trinity Biotech plc, Chembio Diagnostics Inc., Arkray Inc., Orchard Software Corporation, Point of Care Biomedical Private Limited.

Which Regions Offer the Highest Growth Potential in the Point-of-Care Technology Market?
North America was the largest region in the point-of-care technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the point-of-care technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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