Point of Care Devices Market was valued at USD 24.5 Billion in 2022 and is projected to reach USD 42.6 Billion by 2030, growing at a CAGR of 7.7% from 2024 to 2030.
The global Point of Care (POC) devices market was valued at approximately $24.3 billion in 2022, and it is projected to expand at a Compound Annual Growth Rate (CAGR) of 10.5% from 2023 to 2030. This growth is driven by increasing demand for rapid diagnostic results, advancements in technology, and the rising prevalence of chronic diseases. The market's expansion is further supported by the growing adoption of home-based testing and remote monitoring solutions, which are becoming integral to personalized healthcare. The integration of advanced technologies, such as artificial intelligence and IoT, is expected to enhance the capabilities and accuracy of POC devices, making them more valuable in various clinical settings.
Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for growth due to rising healthcare investments and an increasing focus on improving healthcare infrastructure. These regions are experiencing a surge in healthcare expenditure and the need for cost-effective diagnostic solutions, which is likely to drive demand for POC devices. Moreover, government initiatives to improve healthcare access and the increasing number of healthcare facilities in these regions are anticipated to further propel market growth. As these emerging markets develop, the demand for innovative and affordable POC solutions will likely increase, offering substantial opportunities for market expansion.
Get an In-Depth Research Analysis of the Global Point of Care Devices Market Size And Forecast [2025-2032]
Roche Diagnostics
Radiometer
Beckman
Abbott
Siemens Health Care Diagnostics
Johnson& Johnson
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Point of Care Devices Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Point of Care Devices Market
Hospital Health Care
Home Health Care
Based on Types the Market is categorized into Below types that held the largest Point of Care Devices market share In 2023.
Product Type I
Product Type II
Product Type III
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Point of Care Devices Market Research Analysis
1. Introduction of the Global Point of Care Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Point of Care Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Point of Care Devices Market, By Type
6. Global Point of Care Devices Market, By Application
7. Global Point of Care Devices Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Point of Care Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/