Point-of-Care Diagnostics Market Size, Share, Trends, Analysis and Forecast by Region, Segment, Product (Glucose Monitoring Products, Infectious Disease Testing Products) and Platform (Lateral Flow Assays, Immunoassays), 2022-2027
Summary
The point-of-care diagnostics market size was valued at US$36.99 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.92% during 2022-2027. The point-of-care diagnostics market report provides an executive-level overview of the point-of-care diagnostics market worldwide today, with detailed forecasts of key indicators up to 2027.
This market intelligence report offers a thorough, forward-looking analysis of the global point-of-care diagnostics market, and key product and platform stack in a concise format to help executives build proactive and profitable growth strategies.
The point-of-care diagnostics market size was valued at US$36.99 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 11.92% during 2022-2027. The key to the growth has been the high prevalence of infectious diseases and growing investment and funding for product development. Additionally, key strategic partnerships and mergers and acquisitions are expected to accelerate market growth. Over the forecast period, the market will witness an increase in government initiatives, favoring the point-of-care diagnostics market growth.
Scope
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