Point of Care Diagnostics Market By Product: Blood Glucose Monitoring, Infectious Diseases, Cardiometabolic Diseases, Pregnancy & Infertility Testing, Hematology Testing, and Others; By End User: Hospital Bedside, Physician’s Office Lab, Urgent Care & Retail Clinics, and Homecare/Self-testing, Regional Outlook - Global Forecast up to 2030
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Point of Care Diagnostics Market based on Product:
- Blood Glucose Monitoring
- Infectious Disease Testing
- Cardiometabolic Disease Testing
- Pregnancy & Fertility Testing
- Hematology Testing
- Others
Point of Care Diagnostics Market based on Sample:
- Blood
- Nasal and Oropharyngeal Swabs
- Urine
- Others
Point of Care Diagnostics Market based on End User:
- Hospital Bedside
- Physician’s Office Lab
- Urgent Care & Retail Clinics
- Home & Self testing
Point of Care Diagnostics Market based on Geography:
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Real-time and on-site testing for diabetes has been made possible by technology improvements, which has also aided this market segment. The precision and effectiveness of glucose testing at the point of care have improved thanks to these advancements. Furthermore, the growing demand for these goods has been fueled by the growing popularity of wearable and portable glucose meters. These gadgets are appealing choices for both patients and healthcare professionals because of their quick outcomes, simplicity of use, and reduced operating costs.
The market's revenue share was controlled by the clinics sector. This is explained by the growing number of PoC diagnostics laboratory centers opening up within clinics, which has enhanced patient-centered treatment while cutting expenses. Better patient outcomes have resulted from the decentralization of healthcare services brought about by these specialized centers.
Testing operations in hospitals are increasingly being outsourced, which improves test efficiency and lowers personnel expenses. Hospitals use outside resources to complete some diagnostic tests so they can concentrate on their primary duties and optimize their operations. Positive regulations like those found in the CHIP Reauthorization Act and Medicare have also helped the PoC diagnostics industry sector expand. These regulations have produced a favorable atmosphere for implementing and growing PoC testing in various healthcare settings.
Over the course of the projection period, the residential category has grown at the fastest rate. This is explained by the growing use of PoC testing in older and pediatric populations. The geriatric population is expanding and raising life expectancy as a result of lower birth rates in emerging nations and easier access to healthcare. As a result, chronic illnesses like diabetes, memory loss, and heart problems linked to lifestyle choices are more common. PoC testing at home provides these people with accessibility and convenience, which fuels the expansion of the market.
- This report illustrates the most vital attributes of the Point of Care Diagnostics Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Point of Care Diagnostics Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Point of Care Diagnostics Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Point of Care Diagnostics Market.