Point of Care Technology Market size is estimated to be USD 40 Billion in 2024 and is expected to reach USD 70 Billion by 2033 at a CAGR of 7.5% from 2026 to 2033.
The Point of Care (PoC) Technology Market was valued at approximately USD 38 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of around 9.5% from 2023 to 2030. This growth is driven by rising demand for rapid diagnostics, increasing adoption of portable devices, and advancements in microfluidics and biosensors. North America held the largest share in 2022, accounting for over 40% of the global market, due to the presence of advanced healthcare infrastructure, strong investment in diagnostic technologies, and increased awareness about point of care solutions. Europe followed closely, contributing to around 30% of the global share, while the Asia Pacific region is expected to witness the highest CAGR during the forecast period, fueled by improving healthcare access and growing investments in medical technology.
Opportunities in the PoC technology market are expanding due to innovations in smart diagnostics, connectivity solutions, and miniaturized testing devices. Emerging markets, particularly in Asia Pacific and Latin America, are witnessing rapid adoption driven by improved access to healthcare facilities and increasing investments in diagnostic solutions. The growing trend of telemedicine and remote patient monitoring is also contributing to demand for portable PoC devices. Furthermore, rising incidences of chronic diseases such as diabetes and cardiovascular conditions are driving the need for efficient and accessible diagnostic tools, positioning the PoC technology market for sustained growth.
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Abbott
Johnson & Johnson
Techno Medica
Meridian Bioscience
BD
Beckman Coulter
Alere
Siemens
Roche
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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 Point of Care Technology Market
Diagnostics Devices
Monitoring Devices
Therapeutic Devices
Data Management Systems
Standalone Solutions
Integrated Solutions
Cloud-based Solutions
Hospitals
Clinics
Homecare Settings
Ambulatory Surgical Centers
Microfluidics
Polymerase Chain Reaction (PCR)
Immunoassays
Next-Generation Sequencing
Infectious Diseases
Chronic Diseases Management
Cardiovascular Disorders
Oncology
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 Point of Care Technology 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 Technology Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Point of Care Technology Market, By Type
6. Global Point of Care Technology Market, By Application
7. Global Point of Care Technology Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Point of Care Technology Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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