Point of Care Infectious Disease Testing Market Size, Trends, Analysis, and Outlook By Disease (HIV POC, Clostridium difficile POC, HBV POC, Pneumonia or Streptococcus associated infections, Respiratory syncytial virus (RSV) POC, HPV POC, Influenza/Flu POC, HCV POC, MRSA POC, TB and drug-resistant TB POC, HSV (Herpes Simplex Virus) POC, Others), By End-user (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, Others), by Region, Country, Segment, and Companies, 2024-2030
The global Point of Care Infectious Disease Testing market size is poised to register 10.4% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Point of Care Infectious Disease Testing market across By Disease (HIV POC, Clostridium difficile POC, HBV POC, Pneumonia or Streptococcus associated infections, Respiratory syncytial virus (RSV) POC, HPV POC, Influenza/Flu POC, HCV POC, MRSA POC, TB and drug-resistant TB POC, HSV (Herpes Simplex Virus) POC, Others), By End-user (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, Others).
The Point of Care Infectious Disease Testing Market is experiencing growth propelled by increasing prevalence of infectious diseases, rising demand for rapid diagnostic testing, and advancements in point-of-care testing technologies. Point of care infectious disease testing enables rapid detection of viral, bacterial, and fungal pathogens at the patient's bedside or in community settings, facilitating prompt diagnosis and treatment initiation. Key trends include the development of multiplex and cartridge-based testing platforms for simultaneous detection of multiple pathogens, integration of molecular and immunoassay techniques for enhanced sensitivity and specificity, and expansion of point-of-care testing menus to include emerging infectious diseases and antimicrobial resistance monitoring. Additionally, increasing adoption of point-of-care testing in primary care clinics, urgent care centers, and decentralized healthcare settings, expansion of rapid diagnostic testing for respiratory infections and sexually transmitted diseases, and regulatory initiatives to support decentralized testing models contribute to market growth.
Point of Care Infectious Disease Testing Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Point of Care Infectious Disease Testing market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Point of Care Infectious Disease Testing survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Point of Care Infectious Disease Testing industry.
Key market trends defining the global Point of Care Infectious Disease Testing demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Point of Care Infectious Disease Testing Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Point of Care Infectious Disease Testing industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Point of Care Infectious Disease Testing companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Point of Care Infectious Disease Testing industry
Leading Point of Care Infectious Disease Testing companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Point of Care Infectious Disease Testing companies.
Point of Care Infectious Disease Testing Market Study- Strategic Analysis Review
The Point of Care Infectious Disease Testing market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Point of Care Infectious Disease Testing Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Point of Care Infectious Disease Testing industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.
Point of Care Infectious Disease Testing Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.
North America Point of Care Infectious Disease Testing Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Point of Care Infectious Disease Testing market segments. Similarly, Strong end-user demand is encouraging Canadian Point of Care Infectious Disease Testing companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Point of Care Infectious Disease Testing market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Point of Care Infectious Disease Testing Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Point of Care Infectious Disease Testing industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Point of Care Infectious Disease Testing market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Point of Care Infectious Disease Testing Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Point of Care Infectious Disease Testing in Asia Pacific. In particular, China, India, and South East Asian Point of Care Infectious Disease Testing markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.
Latin America Point of Care Infectious Disease Testing Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Point of Care Infectious Disease Testing Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Point of Care Infectious Disease Testing market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Point of Care Infectious Disease Testing.
Point of Care Infectious Disease Testing Market Company Profiles
The global Point of Care Infectious Disease Testing market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Alere, Becton, Dickinson and Company, bioMérieux SA, Bio-Rad Labs Inc, Cardinal Health, Chembio Diagnostics Inc, F. Hoffmann-La Roche Ltd, Gene POC, OJ-Bio Ltd, Ortho-Clinical Diagnostics, Quest Diagnostics Inc, Siemens Healthineers, Sight Diagnostics Ltd, Thermo Fisher Scientific Inc, Trinity Biotech, Trivitron Healthcare
Recent Point of Care Infectious Disease Testing Market Developments
The global Point of Care Infectious Disease Testing market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Point of Care Infectious Disease Testing Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Disease
HIV POC
Clostridium difficile POC
HBV POC
Pneumonia or Streptococcus associated infections
Respiratory syncytial virus (RSV) POC
HPV POC
Influenza/Flu POC
HCV POC
MRSA POC
TB and drug-resistant TB POC
HSV (Herpes Simplex Virus) POC
Others
By End-user
Hospitals
Clinics
Home
Assisted Living Healthcare Facilities
Laboratories
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Alere
Becton, Dickinson and Company
bioMérieux SA
Bio-Rad Labs Inc
Cardinal Health
Chembio Diagnostics Inc
F. Hoffmann-La Roche Ltd
Gene POC
OJ-Bio Ltd
Ortho-Clinical Diagnostics
Quest Diagnostics Inc
Siemens Healthineers
Sight Diagnostics Ltd
Thermo Fisher Scientific Inc
Trinity Biotech
Trivitron Healthcare
Formats Available: Excel, PDF, and PPT