Biosensors for Point-of-Care Diagnostics Market size was valued at USD 14.5 Billion in 2024 and is forecasted to grow at a CAGR of 9.5% from 2026 to 2033, reaching USD 32.1 Billion by 2033.
The global biosensors for point of care diagnostics market was valued at approximately USD 23.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. This market growth is driven by increasing demand for rapid and accurate diagnostic tools, advancements in sensor technology, and growing healthcare expenditures. Additionally, the rising prevalence of chronic diseases and the need for efficient healthcare delivery are major contributors to the market expansion. The market is expected to reach a value of USD 50.2 billion by 2030, reflecting a strong upward trajectory fueled by innovations in biosensing technologies.
Regionally, North America holds the largest share of the biosensors for point of care diagnostics market, with a valuation of around USD 9.1 billion in 2022, accounting for a significant portion of the global market share. Europe follows closely, exhibiting robust market growth due to the increasing adoption of advanced healthcare technologies and widespread availability of point of care diagnostics. The Asia Pacific region is expected to witness the highest CAGR of 10.1% during the forecast period, driven by improving healthcare infrastructure, rising awareness, and increasing investments in healthcare innovation in countries like India and China. The growing demand for affordable and accessible healthcare in these regions presents significant opportunities for market players.
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Abbott
Medtronic
F. Hoffman-La Roche
Siemens
LifeScan
LifeSensors
Nova Biomedical
Acon Laboratories
Universal Biosensors
Pharmaco-Kinesis Corporation (PKC)
Bayer Healthcare
Biacore
Bio-Rad Laboratories
Biosensors International
Ercon
Sysmex Corporation
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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. 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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Biosensors for Point-of-Care Diagnostics Market
Electrochemical Biosensors
Optical Biosensors
Piezoelectric Biosensors
Thermal Biosensors
Other Types
Nanotechnology-based Biosensors
MEMS (Micro-Electro-Mechanical Systems) Biosensors
Microfluidic Biosensors
Wireless Biosensors
Other Technologies
Cardiovascular Diagnostics
Diabetes Management
Infectious Disease Diagnosis
Cancer Screening
Drug Discovery and Development
Other Applications
Hospitals and Clinics
Home Care Settings
Research Laboratories
Pharmaceutical Companies
Diagnostic Laboratories
Blood Samples
Urine Samples
Saliva Samples
Tissue Samples
Other Biological Samples
US (United States, US 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)
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1. Introduction of the Global Biosensors for Point-of-Care Diagnostics 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 Biosensors for Point-of-Care Diagnostics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Biosensors for Point-of-Care Diagnostics Market, By Type
6. Global Biosensors for Point-of-Care Diagnostics Market, By Application
7. Global Biosensors for Point-of-Care Diagnostics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Biosensors for Point-of-Care Diagnostics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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