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Global Point-of-Care (POC) Diagnostics Market to Grow at a CAGR of 8% During 2021-2026, Aided by the Advanced Testing Product

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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Global Point-of-Care (POC) Diagnostic Market: By Product: Glucose Monitoring Kits, Infectious Diseases Testing Kits, Pregnancy and Fertility Testing Kits, Others; By Platform; By Mode of Purchase; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Point-of-Care (POC) Diagnostic Market Outlook

The global point-of-care (POC) diagnostic market is expected to grow at a CAGR of 8% in the forecast period of 2021-2026.

 

Global Point-of-Care (POC) Diagnostic Market

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North America and Europe to Dominate the Global Point-of-Care (POC) Demand

North America and Europe are among the leading regions for the market for point-of care-diagnostics and are expected to be among the leading markets in the forecast period as well. The United States holds the major market share within the North American region. Factors such as the rising geriatric population as well as the rising prevalence of acute and chronic diseases are boosting the market growth. Moreover, various regulations and initiatives undertaken by the government in the region for the development of healthcare infrastructure are expected to boost the market growth.

 

Global Point-of-Care Diagnostic: Definition and Segmentation

Point-of-care (POC) diagnostics are the medical devices used to get immediate results in the investigation of various diseases including cancer, diabetes, and cardiac diseases. The diagnostic results obtained are on par with the lab quality while the time consumed is quite short. These point-of-care diagnostic are used in healthcare facilities as well as at home.

 

Global Point-of-Care (POC) Diagnostic Market By End Use

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Based on the product, the market can be classified into:

  • Glucose Monitoring Kits
  • Infectious Diseases Testing Kits
  • Pregnancy and Fertility Testing Kits
  • Haematology Testing Kits
  • Cardiometabolic Monitoring Kits
  • Urinalysis Testing Devices
  • Coagulation Monitoring Kits
  • Tumour or Cancer Markers Testing Devices
  • Cholesterol Testing Strips
  • Drugs of Abuse Testing Kits
  • Faecal Occult Testing Kits
  • Others

Based on the platform, the market can be segmented into:

  • Lateral Flow Assays
  • Dipsticks
  • Microfluidics
  • Molecular Diagnostics
  • Immunoassays
  • Others

Based on mode of purchase, the industry can be categorised as follows:

  • Prescription-Based Products
  • OTC Products

Based on the end use, market can be segmented into:

  • Professional Diagnostic Centres
  • Hospitals/Critical Care Centres
  • Assisted Living Healthcare Facilities
  • Research Laboratories

The regional markets for the product include North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

 

Global Point-of-Care (POC) Diagnostic Market By Region

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Rising Cases of Acute and Chronic Diseases is Driving up the Market Demand

The demand for quality point-of-care (POC) testing kits is rapidly increasing because of rapidly increasing acute and chronic diseases. The large number of patients give rise to a need of shorter patient turnover time for more efficient medical services. The global point-of-care (POC) diagnostic industry is tapping into this demand with its quick and proper diagnostics and increasing its market value. The technological developments in diagnostic kits have resulted in fewer manual errors and emerged as a prominent driving factor for the market. Other factors include the rising population, increased disposable incomes, and the rapid growth of the healthcare industry.

 

Key Industry Players in the Global Point-of-Care (POC) Diagnostics Market

The report presents a detailed analysis of the following key players in the global point-of-care (POC) diagnostic market looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Abbott Point of Care Inc.
  • F. Hoffmann-La Roche Ltd
  • Chembio Diagnostics, Inc.
  • Johnson & Johnson Services, Inc.
  • Siemens AG
  • Becton, Dickinson and Company
  • Danaher Corp
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Point-of-Care (POC) Diagnostics Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Point-of-Care (POC) Diagnostics Historical Market (2016-2020) 
    8.3    Global Point-of-Care (POC) Diagnostics Market Forecast (2021-2026)
    8.4    Global Point-of-Care (POC) Diagnostics Market by Product
        8.4.1    Glucose Monitoring Kits
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Infectious Diseases Testing Kits
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Pregnancy and Fertility Testing Kits
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Haematology Testing Kits
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Cardiometabolic Monitoring Kits
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Urinalysis Testing Devices
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Coagulation Monitoring Kits
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2016-2020)
            8.4.7.3    Forecast Trend (2021-2026)
        8.4.8    Tumour or Cancer Markers Testing Devices
            8.4.8.1    Market Share
            8.4.8.2    Historical Trend (2016-2020)
            8.4.8.3    Forecast Trend (2021-2026)
        8.4.9    Cholesterol Testing Strips
            8.4.9.1    Market Share
            8.4.9.2    Historical Trend (2016-2020)
            8.4.9.3    Forecast Trend (2021-2026)
        8.4.10    Drugs of Abuse Testing Kits
            8.4.10.1    Market Share
            8.4.10.2    Historical Trend (2016-2020)
            8.4.10.3    Forecast Trend (2021-2026)
        8.4.11    Faecal Occult Testing Kits
            8.4.11.1    Market Share
            8.4.11.2    Historical Trend (2016-2020)
            8.4.11.3    Forecast Trend (2021-2026)
        8.4.12    Others
    8.5    Global Point-of-Care (POC) Diagnostics Market by Platform
        8.5.1    Lateral Flow Assays
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Dipsticks
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Microfluidics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Molecular Diagnostics
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Immunoassays
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2016-2020)
            8.5.5.3    Forecast Trend (2021-2026)
        8.5.6    Others
    8.6    Global Point-of-Care (POC) Diagnostics Market by Mode of Purchase
        8.6.1    Prescription-Based Products
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    OTC Products
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Point-of-Care (POC) Diagnostics Market by End Use
        8.7.1    Professional Diagnostic Centres
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Hospitals/Critical Care Centres
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Assisted Living Healthcare Facilities
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Research Laboratories
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
    8.8    Global Point-of-Care (POC) Diagnostics Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Abbott Point of Care Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    F. Hoffmann-La Roche Ltd
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Chembio Diagnostics, Inc.
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Johnson & Johnson Services, Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Siemens AG
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Becton, Dickinson and Company
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Danaher Corp
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Others
12    Industry Events and Developments


List of Figures and Tables

1.    Global Point-of-Care (POC) Diagnostics Market: Key Industry Highlights, 2016 and 2026
2.    Global Point-of-Care (POC) Diagnostics Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Point-of-Care (POC) Diagnostics Historical Market: Breakup by Platform (USD Billion), 2016-2020
5.    Global Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Platform (USD Billion), 2021-2026
6.    Global Point-of-Care (POC) Diagnostics Historical Market: Breakup by Mode of Purchase (USD Billion), 2016-2020
7.    Global Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Mode of Purchase (USD Billion), 2021-2026
8.    Global Point-of-Care (POC) Diagnostics Historical Market: Breakup by End Use (USD Billion), 2016-2020
9.    Global Point-of-Care (POC) Diagnostics Market Forecast: Breakup by End Use (USD Billion), 2021-2026
10.    Global Point-of-Care (POC) Diagnostics Historical Market: Breakup by Region (USD Billion), 2016-2020
11.    Global Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Region (USD Billion), 2021-2026
12.    North America Point-of-Care (POC) Diagnostics Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    North America Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Europe Point-of-Care (POC) Diagnostics Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Europe Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Asia Pacific Point-of-Care (POC) Diagnostics Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Asia Pacific Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Latin America Point-of-Care (POC) Diagnostics Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Latin America Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Middle East and Africa Point-of-Care (POC) Diagnostics Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Middle East and Africa Point-of-Care (POC) Diagnostics Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Global Point-of-Care (POC) Diagnostics Market Structure

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