Global point of care (PoC) testing market was worth US$ 42.6 Bn in 2021, according to a new report published by Absolute Markets Insights. The market is expected to expand at a CAGR of 11% from 2022 to 2030. The first step towards treating any ailment is right and accurate diagnosis. And testing is an integral part of this diagnosis. In most of the cases, timely testing is not possible due to tight schedules or severity of any medical condition. This is where the point-of-care (POC) testing that is also known as bedside testing arrives in the picture. It is usual medical diagnostic testing, and is done at a place where the patient resides. Unlike conventional medical laboratories, the point of care testing labs work remotely or products used in the testing are easily available and this is very convenient from the patient’s perspective. Owing to several reasons, the global point of care (PoC) testing market is growing.

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The recent coronavirus pandemic was blessing for the global point of care (PoC) testing market. As in wake of lockdown curbs, and flooded hospitals, people were finding it difficult to get themselves diagnosed. And this is where, the point of care testing proved extremely helpful. One of the biggest factor that has been driving the growth of the global point of care (PoC) testing market is rising trend in prevalence of diseases. Along with this, several benefits linked with the over the counter (OTC)-based tests provide boost to the growth of this market.

Meanwhile, the lack of alignment with definitive central lab methods is the reason why the growth of the global point of care (PoC) testing market will be hindered in the coming period. On the other hand, the global point of care (PoC) testing market is forecasted to witness immense progress over the period of next several years is rapid technological advancement in the field of the medical sector.

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Global Point of Care (PoC) Testing Market Report Highlights

  • On the basis of the distribution channel, the global point of care (PoC) testing market has been segregated into over the counter (OTC) and the prescription based. The over the counter (OTC) segment accounts for most of the money minted by this market as it is not just easier to use but also easily available and affordable.
  • The region of Asia Pacific is forecasted to make most of the money at a rapid speed for the global point of care (PoC) testing market during the forecast period 2022-2030. Growing pharmaceutical sector in the countries like India and China that are densely populated, along with rising awareness about PoC testing and products available helps the market grow.

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Some of the key players operating in the global point of care (PoC) testing market are:

  • Abbott
  • AccuBioTech Co. Ltd
  • BD
  • Beckman Coulter, Inc.
  • Chembio Diagnostics, Inc.
  • Danaher
  • EKF Diagnostics
  • F. Hoffmann-La Roche Ltd
  • PTS Diagnostics
  • Sekisui Diagnostics
  • Siemens Healthcare Private Limited
  • Thermo Fisher Scientific
  • Trinity Biotech
  • Other Market Participants

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Global Point of Care (PoC) Testing Market Segmentation

Absolute Markets Insights has segmented into the global point of care (PoC) testing market on the basis of product (testing type), distribution channel, end-user type and region further into countries.

Global Point of Care (PoC) Testing Market Product (Testing Type) Type Outlook (Revenue, USD Million, 2015 – 2030)

  • Glucose monitoring
  • Cardiometabolic Monitoring
  • Albumin Testing
  • Infectious disease testing
    • HIV Infections
    • Malaria
    • Syphilis
    • E. Coli
    • Influenza
    • Others
  • Coagulation monitoring
  • Pregnancy and fertility testing
  • Cancer marker testing
  • Urine analysis testing
  • Cholesterol testing
  • Hematology testing
  • Drugs-of-abuse testing
  • Fecal Occult testing
  • Covid-19 testing
  • Others

Global Point of Care (PoC) Testing Market Distribution Channel Outlook (Revenue, USD Million, 2015 – 2030)

  • Prescription Based
  • Over The Counter (OTC)

Global Point of Care (PoC) Testing Market End-user Outlook (Revenue, USD Million, 2015 – 2030)

  • Hospitals
    • Critical Care Units
    • Neonatal Intensive Care Unit (NICU)
    • Others
  • Private Clinics
  • Diagnostic Centres
  • Home Care Settings
  • Ambulatory Care Centers
  • Emergency Departments
  • Laboratories
  • Others

Global Point of Care (PoC) Testing Market Regional Outlook (Revenue, USD Million, 2015 – 2030)

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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