Global Point-of-Care Testing (POCT) Devices Market Growth 2025-2031
The global Point-of-Care Testing (POCT) Devices market size is predicted to grow from US$ 29970 million in 2025 to US$ 51810 million in 2031; it is expected to grow at a CAGR of 9.6% from 2025 to 2031.
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.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
LP Information, Inc. (LPI) ' newest research report, the “Point-of-Care Testing (POCT) Devices Industry Forecast” looks at past sales and reviews total world Point-of-Care Testing (POCT) Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Point-of-Care Testing (POCT) Devices sales for 2025 through 2031. With Point-of-Care Testing (POCT) Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Point-of-Care Testing (POCT) Devices industry.
This Insight Report provides a comprehensive analysis of the global Point-of-Care Testing (POCT) Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Point-of-Care Testing (POCT) Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Point-of-Care Testing (POCT) Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Point-of-Care Testing (POCT) Devices and breaks down the forecast by Product Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Point-of-Care Testing (POCT) Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Point-of-Care Testing (POCT) Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Product Type:
Urinalysis Analyzers
Blood Glucose Meter
Clinical Chemistry Analyzers
Blood Gas Analyzers
INR Test Meter
Cardiac Marker Analyzers
PH Meter
Electrolyte Analyzers
Hemoglobin Meter
Other
Segmentation by Application:
Clinics
Hospitals
Laboratory
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Abbott
Roche Diagnostics
Medtronic
Johnson & Johnson
Siemens Healthineers
Philips
Abaxis (Zoetis)
Samsung Healthcare
Beckman Coulter
ACON Laboratories
Cardinal Health
Key Questions Addressed in this Report
What is the 10-year outlook for the global Point-of-Care Testing (POCT) Devices market?
What factors are driving Point-of-Care Testing (POCT) Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Point-of-Care Testing (POCT) Devices market opportunities vary by end market size?
How does Point-of-Care Testing (POCT) Devices break out by Product Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.