Global POCT Kits and Devices Supply, Demand and Key Producers, 2023-2029

Global POCT Kits and Devices Supply, Demand and Key Producers, 2023-2029

The global POCT Kits and Devices market size is expected to reach $ 52460 million by 2029, rising at a market growth of 7.0% CAGR during the forecast period (2023-2029).

The POCT (Point of Care Testing) Kits and Devices Market are driven by the increasing demand for rapid and decentralized diagnostic solutions, offering timely and convenient healthcare testing. These kits and devices enable healthcare professionals to perform tests near the patient, reducing turnaround times and improving patient care. However, a significant challenge in this market is the need for accuracy and reliability in POCT results. Manufacturers must ensure that their products meet stringent quality standards to maintain trust in these point-of-care diagnostics. Regulatory compliance and data management also pose challenges, requiring companies to navigate complex regulatory landscapes and provide secure and efficient data handling solutions. Additionally, market competition and cost considerations necessitate a balance between affordability and advanced technology to meet the evolving demands of the healthcare industry while ensuring diagnostic accuracy.

Point-of-care (POC) is defined as medical testing at or near the site of patient care. The driving notion behind POCT is to bring the test conveniently and immediately to the patient. This increases the likelihood that the patient, physician, and care team will receive the results quicker, which allows for immediate clinical management decisions to be made.

This report studies the global POCT Kits and Devices demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for POCT Kits and Devices, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of POCT Kits and Devices that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global POCT Kits and Devices total market, 2018-2029, (USD Million)

Global POCT Kits and Devices total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: POCT Kits and Devices total market, key domestic companies and share, (USD Million)

Global POCT Kits and Devices revenue by player and market share 2018-2023, (USD Million)

Global POCT Kits and Devices total market by Type, CAGR, 2018-2029, (USD Million)

Global POCT Kits and Devices total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global POCT Kits and Devices market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Roche, Abbott, LifeScan, Siemens Healthineers, Danaher, Ascensia, BioMerieux, ARKRAY and Bio-Rad Laboratories, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World POCT Kits and Devices market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global POCT Kits and Devices Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global POCT Kits and Devices Market, Segmentation by Type
Kits
Devices

Global POCT Kits and Devices Market, Segmentation by Application
Hospital & Clinic
Laboratory
Household
Other

Companies Profiled:
Roche
Abbott
LifeScan
Siemens Healthineers
Danaher
Ascensia
BioMerieux
ARKRAY
Bio-Rad Laboratories
Nova Biomedical
QuidelOrtho
Accriva
OraSure Technologies
Helena Laboratories
Phamatech
Chembio Diagnostics
Trinity Biotech
Wuhan Easy Diagnosis
Intec PRODUCT
Sinocare
Wondfo
Getein Biotech

Key Questions Answered

1. How big is the global POCT Kits and Devices market?

2. What is the demand of the global POCT Kits and Devices market?

3. What is the year over year growth of the global POCT Kits and Devices market?

4. What is the total value of the global POCT Kits and Devices market?

5. Who are the major players in the global POCT Kits and Devices market?