cervicorn consulting

Proceed To Buy

USD 4750
USD 3800
USD 8750
USD 2100
USD 7500

Point of Care Diagnostics Market (By Product Type: Glucose Monitoring, Cardiac Markers, Infectious Disease Testing, Pregnancy and Fertility Testing, Cholesterol Testing, Tumor/Cancer Markers, Others; By Technology: Lateral Flow Assays (LFA), Biosensors, Microfluidics, Molecular Diagnostics, Immunoassays; By End-User: Hospitals, Clinics, Home Care, Ambulatory Care Settings, Laboratories; By Mode of Delivery: Prescription-based Testing, OTC Testing) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis And Forecast 2024 To 2033

Point of Care Diagnostics Market Size and Growth 2024 to 2033

The global point of care diagnostics market size was accounted for USD 50.09 billion in 2023 and is expected to hit around USD 120.35 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.16% from 2024 to 2033.

POC diagnostics include medical testing provided at or near the site of patient care and can be performed either by healthcare professionals or patients themselves. The drivers for POC diagnostics will come from demands set by healthcare providers and patients for faster, easier access to tests. This market encompasses a wide range of products, such as glucose monitors, infectious disease tests, cardiac markers, and more, which are designed for use in various settings, including but not limited to: hospitals, clinics, home care, and ambulatory care facilities. According to WHO, globally, 39.9 million [36.1–44.6 million] people were living with HIV at the end of 2023. An estimated 0.6% [0.6-0.7%] of adults aged 15–49 years worldwide are living with HIV, although the burden of the epidemic continues to vary considerably between countries and regions.

  • HIV/AIDS Surveillance in Europe, a report dated November 2022 published by the World Health Organization reported that 39 million people are living with HIV worldwide at the end of 2022. HIV infection continued to affect the well-being and health of millions of people in the WHO European Region during 2022.
  • In September 2022, the National Institutes of Health issued two new funding opportunities for manufacturers of diagnostic tests to develop the next generation of COVID-19 tests with major emphasis on accessibility.
  • Funding opportunities are part of the RADx Tech program and are managed by NIBIB. These new programs will utilize up to $300.0 million in funds provided by the American Rescue Plan Act of 2021 to support the continued development of tests at an accelerated pace as well as provide regulatory guidance during the COVID-19 pandemic and beyond.
  • The estimated new cancer cases diagnosed and cancer mortalities in the US were 1.9 million and 608,570, respectively, in 2021. Additionally, infectious diseases caused by HIV/AIDS, TB, and neglected infectious diseases contributed to 6.0% of all the DALYs in all age groups and sexes in the US for the year 2020, according to the Pan American Health Organization.

Report Highlights

  • The North America region captured the largest revenue share, contributing 42.70% in 2023.
  • The Europe region has captured revenue share of 28.90% in 2023.
  • By product type, infectious disease testing segment has accounted 27.60% revenue share in 2023.
  • By end user, clinics and hospital segment has accounted revenue share of 63% in 2023.
  • By mode of delivery, the prescription-based testing has accounted revenue share of 54% in 2023.

Point of Care Diagnostics Market Growth Factors

  • Technology Development: Continuous development in diagnostic technologies significantly advances the precision, time, and convenience of POC testing. Innovation in miniaturized diagnostic devices, digital integration, and more advanced methods for biomarker detection constitutes major growth drivers by way of improved efficiency, reduced cost, and widening applicability of tests across a range of diagnoses in various healthcare settings.
  • Growing Demand from Healthcare Providers: The demand for POC diagnostic solutions is continuously increasing in hospitals, clinics, and even remote care facilities. Each of these environments has a growing requirement for rapid and accurate diagnostic tools to enable and enhance patient care, simplify workflow, and treat a wide range of medical conditions. This rising demand is thus driving growth in the market, with healthcare providers looking forward to finding efficient, reliable, and scalable diagnostic solutions to meet their needs.
  • Focus on Personalization and Precision: As the paradigm for personalized medicine is increasingly adopted, so too is the demand for sophisticated point-of-care diagnostic equipment. Timely, individualized diagnostic findings with precision are the keys to managing a wide range of health disorders. Therefore, high-performance diagnostics with personalization is finding its way into mainstream factors affecting growth; healthcare providers seek solutions that address specific patient needs and result in overall better clinical outcomes.
  • Sustainability and Efficiency Initiatives: This is a strong drive in healthcare-a thrust towards sustainability because it should make path-breaking eco-friendly and cost-effective POC diagnostic solutions. Potential waste minimization, better resource efficiency, and the embedding of green technologies are some of the parameters shaping this market. Companies are investing in innovations that not only enhance the environmental footprint of diagnostic devices but ensure their high performance and reliability too, matching global health and environmental goals.
  • Diversification of Applications: The versatility in point-of-care diagnostics is finding applications from an ever-widening array of medical and clinical settings. This has seen the application of POC in diversified applications, such as rapid disease detection, management of chronic diseases, and patient monitoring. This extension in use is fostering innovation within diagnostic methodologies and technologies, widening the scope of the market and, as a result, improving healthcare delivery in various settings.
  • Adoption of Advanced Technologies: This includes, wearable devices and mobile health applications, is a significant trend. These technologies enable continuous monitoring and real-time data collection, enhancing patient engagement and disease management.
  • Technological Growth: Growth in Telemedicine and Remote Healthcare is contributing to the rise of POC diagnostics. The integration of remote testing capabilities allows for effective management of patient health outside traditional healthcare settings, facilitating access to diagnostics in underserved areas.
  • AI Integration: Integration of Artificial Intelligence (AI) and Machine Learning is enhancing the capabilities of POC diagnostics by improving data analysis, predictive analytics, and decision-making processes. AI-driven diagnostics offer more accurate results and personalized recommendations.
  • New Developments: Rising Focus on Rapid Testing Solutions is driven by the need for swift diagnostic results in both clinical and emergency settings. Developments in rapid test technologies are improving the speed and accuracy of diagnosis, which is crucial for timely treatment.
  • Increased Investment in R&D: This Investments are promoting innovation in the POC diagnostics field. Companies are investing in research to develop new testing methods, improve device performance, and enhance patient outcomes, driving market growth.

Report Scope

Area of Focus Details
Market Size in 2024 USD 54.68 Billion
Projected Market Size (2033) USD 120.35 Billion
Growth Rate (2024 to 2033) 9.16%
Dominating Region North America
Rapidly Growing Region Asia-Pacific
Segments Covered Product Type, Technology,Mode of Delivery, Sample, End User, Region Region
Key Companies Abbott Laboratories, Roche Diagnostics, Siemens Healthineers, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Johnson & Johnson, Danaher Corporation, Quidel Corporation, Bio-Rad Laboratories, Cepheid (a Danaher Company), Molecular Devices, Ortho Clinical Diagnostics, HemoCue (part of Radiometer), Medtronic, Nova Biomedical

Point of Care Diagnostics Market Dynamics

  • Drivers: The growing need for immediate diagnostic results in diverse healthcare environments and technological advancements that enhance the performance and accessibility of POC diagnostics are major drivers of market growth. The emphasis on personalized medicine further supports the expansion of this market.
  • Restraints: High costs associated with developing and deploying advanced POC diagnostic technologies can be prohibitive for some healthcare providers. Additionally, regulatory hurdles and the need for consistent quality and accuracy in diagnostic results present challenges.
  • Opportunities: The expanding healthcare sector in emerging markets presents significant growth opportunities for POC diagnostics. Innovations in technology and materials science also offer potential for developing more effective and versatile diagnostic solutions.
  • Challenges: Ensuring compliance with varying regulatory standards and integrating new technologies into existing healthcare systems can be complex and resource-intensive. Maintaining high standards of accuracy and reliability while scaling up production remains a key challenge for the industry.

Point of Care Diagnostics Market Segment Analysis

Product Type Analysis

Glucose Monitoring: Glucose monitoring devices are essential for individuals with diabetes, allowing them to track their blood glucose levels in real-time. These devices include fingerstick glucose meters, continuous glucose monitors (CGMs), and insulin delivery systems. They provide patients with immediate feedback on their glucose levels, helping them manage their condition effectively. Continuous glucose monitors, for instance, offer data trends and alerts for high or low blood sugar levels, enabling better glycaemic control and reducing the risk of complications associated with diabetes.

Cardiac Markers: Tests for cardiac markers are critical in diagnosing and managing heart conditions, particularly in emergency situations. These tests measure specific proteins or enzymes released into the blood during a heart attack, such as troponin, creatine kinase (CK), and myoglobin. Rapid point-of-care tests for cardiac markers allow healthcare providers to quickly assess a patient's heart health and determine the need for immediate intervention. The speed and accuracy of these tests can significantly impact patient outcomes, as timely treatment is crucial in minimizing heart damage.

Infectious Disease Testing: Kits for infectious disease testing enable rapid diagnosis of various illnesses, including influenza, HIV, COVID-19, and strep throat. These point-of-care tests are designed to deliver results in minutes, allowing healthcare providers to initiate treatment promptly. The ease of use and quick turnaround time are especially beneficial in emergency rooms and urgent care settings. With the increasing prevalence of infectious diseases, especially in the wake of the COVID-19 pandemic, the demand for these testing kits has surged, highlighting their importance in public health and disease management.

Pregnancy and Fertility Testing: Point-of-care tests for pregnancy and fertility are widely used for quick and convenient detection of pregnancy or ovulation. Home pregnancy tests typically utilize urine samples to detect the presence of human chorionic gonadotropin (hCG), while ovulation predictor kits measure luteinizing hormone (LH) levels. These tests empower individuals to monitor their reproductive health and make informed decisions regarding family planning. The accessibility and ease of use of these tests have contributed to their popularity among consumers.

Cholesterol Testing: Cholesterol testing devices allow for the measurement of blood lipid levels, including high-density lipoprotein (HDL), low-density lipoprotein (LDL), and triglycerides. Point-of-care cholesterol tests enable healthcare providers to assess cardiovascular risk factors quickly. Regular monitoring of cholesterol levels is crucial for managing heart disease and promoting heart health. The convenience of point-of-care testing encourages more patients to undergo routine screenings and make lifestyle changes based on their results.

Tumor/Cancer Markers: Tests for tumor or cancer markers are designed to detect specific proteins or substances in the blood that may indicate the presence of cancer. These point-of-care tests can be used for screening, diagnosis, and monitoring treatment effectiveness. Rapid detection of cancer markers can lead to earlier interventions and better patient outcomes. As cancer rates continue to rise globally, the demand for effective and accessible diagnostic tools remains high, making these tests increasingly important in oncology.

Others: The "Others" category includes a variety of point-of-care tests, such as those for drug abuse detection, metabolic panels, Coagulation and respiratory function tests. These tests are designed to provide immediate results and aid in the diagnosis or monitoring of various health conditions. For instance, drug testing kits can quickly detect the presence of substances in urine or saliva, assisting healthcare providers in managing substance use disorders. The diversity of these tests highlights the versatility of point-of-care diagnostics in meeting various healthcare needs.

Technology Analysis

Lateral Flow Assays (LFA): Lateral flow assays are simple, rapid diagnostic tests commonly used in point-of-care settings. They work by using capillary action to draw a liquid sample (such as blood or urine) through a porous membrane, where it interacts with specific reagents that produce a visible result, such as a colored line. LFAs are widely used for home pregnancy tests and rapid tests for infectious diseases like COVID-19. Their ease of use, quick results, and low cost make them an attractive option for both healthcare providers and patients.

Biosensors: Biosensors are analytical devices that combine a biological component with a physicochemical detector to measure specific substances in a sample. In point-of-care diagnostics, biosensors can be used for various applications, including glucose monitoring, infectious disease testing, and drug testing. These devices offer high sensitivity and specificity, allowing for accurate and reliable results. The integration of biosensors into point-of-care settings enhances the ability to monitor patient health and make timely clinical decisions.

Microfluidics: Microfluidic technology involves the manipulation of small volumes of fluids on a chip, allowing for rapid and efficient analysis of samples at the point of care. Lab-on-a-chip devices can perform multiple tests simultaneously, providing comprehensive diagnostic information from a single sample. This technology is particularly valuable for its ability to deliver quick results in a compact format, making it ideal for use in emergency settings and remote locations. Microfluidics continues to advance, with ongoing research aimed at expanding its applications in point-of-care diagnostics.

Molecular Diagnostics: Molecular diagnostics encompass a range of techniques used to detect and analyze genetic material, such as DNA and RNA, for diagnosing diseases. Techniques like polymerase chain reaction (PCR) and nucleic acid amplification tests (NAAT) are commonly used in point-of-care settings to identify infections, including viral and bacterial pathogens. The ability to detect diseases at a molecular level enhances the accuracy of diagnoses and allows for personalized treatment options. As molecular diagnostics technology advances, its integration into point-of-care testing is expected to grow, improving patient outcomes.

Immunoassays: Immunoassays are diagnostic tests that utilize the binding of antibodies to specific antigens to detect the presence of proteins or pathogens in a sample. These tests are widely used in point-of-care diagnostics for various applications, including hormone level testing, infectious disease detection, and allergy testing. The sensitivity and specificity of immunoassays make them valuable tools in clinical settings, enabling rapid diagnosis and monitoring of health conditions. With the continuous development of new antibodies and assay formats, the role of immunoassays in point-of-care diagnostics is expected to expand.

End-User Analysis

Hospitals: The hospital segment has accounted 23% revenue share in 2023. Hospitals play a crucial role in providing immediate test results that inform patient care decisions. These tests enable healthcare providers to quickly assess patient conditions, initiate treatment, and monitor progress without the delays associated with traditional laboratory testing. In emergency departments, point-of-care tests for cardiac markers, glucose levels, and infectious diseases are particularly valuable for rapid diagnosis and intervention. The integration of point-of-care diagnostics into hospital workflows enhances patient care efficiency and improves clinical outcomes.

Clinics: The clinical segment has captured highest revenue share (40%) in 2023. Outpatient and specialist clinics increasingly utilize point-of-care diagnostics to provide quick and convenient test results for patients. These tests allow healthcare providers to make timely clinical decisions during patient visits, improving the overall patient experience. For instance, clinics often use point-of-care tests for glucose monitoring, pregnancy testing, and infectious disease screening. By offering immediate results, clinics can enhance patient satisfaction and ensure that follow-up care is appropriately tailored to individual needs.

Home Care: The home care segment has accounted revenue share of 17% in 2023. Home care point-of-care diagnostics empower patients to monitor their health conditions from the comfort of their homes. Devices designed for home use, such as glucose meters, blood pressure monitors, and rapid test kits, enable individuals to take charge of their health management. This shift toward home care diagnostics has been particularly beneficial for chronic disease management, allowing patients to track their conditions and share data with healthcare providers remotely. The convenience and accessibility of home care diagnostics promote proactive health management and reduce the burden on healthcare facilities.

Ambulatory Care Settings: The ambulatory care settings segment has garnered revenue share of 12% in 2023. Point-of-care tests are increasingly utilized in ambulatory care settings, including urgent care centers and emergency rooms. These tests provide rapid diagnostic results for patients seeking immediate medical attention, facilitating timely treatment and reducing wait times. In situations where every minute counts, such as trauma or acute illness, point-of-care diagnostics enable healthcare providers to quickly identify life-threatening conditions and take appropriate action. The integration of point-of-care testing in ambulatory settings enhances patient care and supports effective triage processes.

Laboratories: The laboratories segment has reported 8% revenue share in 2023. While point-of-care diagnostics are often associated with immediate testing in clinical settings, they also play a role in laboratory environments. Laboratories can utilize point-of-care tests for quick screening and preliminary assessments before sending samples for more comprehensive analysis. This hybrid approach allows for efficient workflow management and faster turnaround times for critical tests. Additionally, laboratories may adapt point-of-care testing technologies for specialized applications, enhancing their diagnostic capabilities and responsiveness to clinical needs.

Mode of Delivery Analysis

Prescription-based Testing: The prescription-based testing segment generated approximately 54% of the revenue share in 2023. Prescription-based testing refers to point-of-care diagnostic tests that require a healthcare provider's authorization before use. These tests are typically used in clinical settings, where providers assess patient needs and determine the appropriate tests to order. Prescription-based tests offer a higher level of oversight and can be tailored to individual patient conditions, ensuring that the right diagnostic tools are employed. This approach helps maintain clinical standards and can lead to more accurate diagnoses and effective treatment plans.

Over-the-Counter Testing: The OTC testing segment generated approximately 46% of the revenue share in 2023. Over-the-counter (OTC) testing allows consumers to access point-of-care diagnostic tests without a prescription, empowering individuals to take control of their health. These tests are designed for home use and include pregnancy tests, glucose monitoring devices, and rapid tests for infectious diseases. The convenience and accessibility of OTC testing have contributed to its popularity, as consumers can perform tests at their convenience and obtain results quickly. OTC tests promote proactive health management and enable early detection of potential health issues.

Point of Care Diagnostics Market Regional Analysis

Why is North America leading the POC diagnostics market?

The North America point of care diagnostics market size was valued at USD 21.39 billion in 2023 and is expected to reach around USD 51.39 billion by 2033. The POC diagnostics industry in North America is well-established, driven by significant demand across healthcare settings such as hospitals and clinics. The United States leads with its advanced healthcare infrastructure and high adoption of cutting-edge diagnostics technologies. Canada contributes with a focus on innovations in home care diagnostics and improved patient management. The region benefits from robust healthcare policies, continuous technological advancements, and a strong regulatory framework that supports the efficient integration and use of POC diagnostic solutions.

Europe hit significant role in the POC diagnostics market

The Europe point of care diagnostics market size was estimated at USD 14.48 billion in 2023 and is projected to surpass around USD 34.78 billion by 2033. Europe plays a significant role in the POC diagnostics market, with demand driven by its advanced healthcare systems and emphasis on patient-centered care. Countries like Germany, France, and the UK are at the forefront, supported by strong regulatory standards and a commitment to innovation in medical technology. The European market is characterized by its focus on high-quality, sustainable diagnostics solutions and regulatory compliance, which align with the region’s goals of enhancing healthcare efficiency and accessibility.

Why is Asia-Pacific experiencing rapid growth in POC diagnostics market?

The Asia-Pacific point of care diagnostics market was worth at USD 10.77 billion in 2023 and is predicted to reach around USD 25.88 billion by 2033. The Asia-Pacific market is spurred by increasing healthcare needs and expanding medical infrastructure. China and India are major contributors due to their growing healthcare sectors and rising demand for affordable diagnostic solutions. Japan and South Korea also play key roles with advanced POC technologies and high-quality standards. The region's growth is supported by significant investments in healthcare infrastructure, technological advancements, and a rising emphasis on efficient and accessible diagnostics.

LAMEA POC diagnostics market is expanding

The LAMEA point of care diagnostics market was valued at USD 3.46 billion in 2023 and is expanding to USD 8.30 billion by 2033. The LAMEA region is expanding, driven by improving healthcare access and rising demand for diagnostic services. Brazil and South Africa are notable markets, benefiting from increased healthcare investments and growing consumer needs. The Middle East’s expanding healthcare and diagnostic sectors also contribute to market growth. Despite challenges such as economic fluctuations and infrastructural constraints, the region’s potential for market development is substantial, supported by increasing healthcare investments and advancements in diagnostic technologies.

Point of Care Diagnostics Market Top Companies

  • Abbott Laboratories
  • Roche Diagnostics
  • Siemens Healthineers
  • Becton, Dickinson and Company (BD)
  • Thermo Fisher Scientific
  • Johnson & Johnson
  • Danaher Corporation
  • Quidel Corporation
  • Bio-Rad Laboratories
  • Cepheid (a Danaher Company)
  • Molecular Devices
  • Ortho Clinical Diagnostics
  • HemoCue (part of Radiometer)
  • Medtronic
  • Nova Biomedical

The point of care (POC) diagnostics industry features a mix of established companies and innovative startups, all striving to capture a share of this rapidly growing sector. Key players include Abbott Laboratories, Roche Diagnostics, Siemens Healthineers, and Cepheid, known for their advanced POC testing technologies and extensive product portfolios. These companies are focusing on innovation, investing in research and development to enhance the accuracy, speed, and usability of their testing devices.

Additionally, Trends in the POC diagnostics market include the increasing adoption of telemedicine and remote patient monitoring, driven by the COVID-19 pandemic, as well as a growing emphasis on personalized medicine and point-of-care testing for chronic disease management. As healthcare continues to evolve, the demand for convenient, rapid, and reliable diagnostic solutions will likely propel the market forward.

CEO Statements

Robert Ford, CEO of Abbott Laboratories: “Our continued investment in point of care diagnostics is aimed at enhancing our capabilities to deliver timely and accurate results that can significantly impact patient care and outcomes."

Severin Schwan, CEO of Roche: “Roche is committed to advancing point of care diagnostics through innovative technologies that enable more personalized and effective patient management.”

Bernd Montag, CEO of Siemens Healthineers: " Our focus on point of care diagnostics reflects our dedication to making healthcare more accessible and efficient, with solutions that bring testing closer to the patient”

These developments underscore significant strides in advancing diagnosis and technology, reflecting growing collaborations and strategic investments aimed at expanding the global healthcare economy.

Point of Care Market Recent Developments 

Strategic partnerships and Launches highlight the rapid advancements and collaborative efforts in the Point of Care market. Industry players are involved in various aspects of Point of Care, including production, storage technologies, and fuel cells, and play a significant role in advancing the market. Some notable examples of key developments in the point of care (POC) diagnostics market include:

  • In May 2023, Getlabs collaborated with Nice Healthcare to expand access to in-home healthcare services and lab testing. The partnership is expected to improve access to these services, making it easier and more convenient for people to get the required services.
  • In February 2023, Eurofins Genomics launched a whole-plasmid sequencing service using Oxford Nanopore technology. The service will provide a turnaround of samples on the same day of arrival. The Company will use NGS generation 3 technology to quickly sequence whole plasmids without the need for designing or synthesizing primers. Long constructs ranging from 2.5 to 300 kb are accepted, and no library preparation is required in this technology.
  • In March 2022, Aster Labs, the diagnostic department of Aster DM Healthcare expanded its footprint in India. The brand has launched a satellite lab in Hyderabad and a Reference Lab in Mumbai, as its first step in the western region. Through this expansion, the company aims to provide diagnostic solutions to patients across all major cities with innovative, cutting-edge technology and services.
  • In September 2022, Siemens Healthineers announces two new combination tests for both SARS-CoV-2 and other seasonal respiratory pathogens for point-of-care applications, the CLINITEST Rapid COVID-19 + Influenza Antigen Test delivers reliable results in 15 minutes to detect both SARS-CoV-2 and influenza to enable effective and timely management of these viral illnesses.

These developments underscore significant strides in advancing hydrogen infrastructure and technology, reflecting growing collaborations and strategic investments aimed at expanding the global point of care (POC) diagnostics industry.

Market Segmentation

By Product Type

  • Glucose Monitoring
    • Meter
    • Strips
    • Lancets & Lancing Devices
  • Cardiac Markers
  • Infectious Disease Testing
    • HIV POC
    • Clostridium Difficile POC
    • HBV POC
    • Pneumonia or Streptococcus Associated Infections
    • Respiratory Syncytial Virus (RSV) POC
    • HPV POC
    • HCV POC
    • MRSA POC
    • TB and Drug-resistant TB POC
    • HSV POC
    • COVID-19
    • Other Infectious Diseases
  • Pregnancy and Fertility Testing
  • Cholesterol Testing
  • Tumor/Cancer Markers
  • Hb1Ac Testing
  • Coagulation Testing
    • PT/INR Testing
    • ACT/APTT
  • Thyroid Stimulating Hormone
  • Hematology
  • Primary Care Systems
  • Decentralized Clinical Chemistry
  • Feces
  • Lipid Testing
  • Blood Gas/Electrolytes
  • Ambulatory Chemistry
  • Drug of Abuse (DOA) Testing
  • Autoimmune Diseases
  • Urinalysis/Nephrology
  • Others

By Technology

  • Lateral Flow Assays (LFA)
  • Biosensors
  • Microfluidics
  • Molecular Diagnostics
    • Polymerase Chain Reaction (PCR)
    • Isothermal Nucleic Acid Amplification Technology (INAAT)
    • Others
  • Immunoassays

By Mode of Delivery

  • Prescription-based Testing
  • Over-the-Counter Testing

By Sample

  • Blood
  • Urine
  • Others

By End-User

  • Hospitals
  • Clinics
  • Home Care
  • Ambulatory Care Settings
  • Laboratories

By Region

  • North America
  • APAC
  • Europe
  • LAMEA
...
...

FAQ's

The global point of care diagnostics market was worth USD 54.68 billion in 2024 and it is expanding to USD 120.35 billion by 2033.

The global point of care diagnostics market is growing at a CAGR of 9.16% from 2024 to 2033.

The top companies operating in the point of care diagnostics market are Abbott Laboratories, Roche Diagnostics, Siemens Healthineers, Becton, Dickinson and Company (BD), Thermo Fisher Scientific, Johnson & Johnson, Danaher Corporation, Quidel Corporation, Bio-Rad Laboratories, Cepheid (a Danaher Company), Molecular Devices, Ortho Clinical Diagnostics, HemoCue (part of Radiometer), Medtronic, Nova Biomedical and others.

North America region is dominating the point of care diagnostics market.