Point of Care Diagnostics: A Market Outlook towards $55 Billion by 2030 and the Driving Forces Behind the 6.5% CAGR

WILMINGTON, DELAWARE, UNITED STATES, April 16, 2024 /EINPresswire.com/ -- Allied Market Research has recently unveiled a research study titled "Point of Care Diagnostics Market Outlook and Forecast 2020-2030." This report delivers a comprehensive analysis of market risks, spotlights opportunities, and provides essential support for strategic and tactical decision-making spanning from 2020 to 2030. The study categorizes the market by pivotal regions propelling its growth and commercialization. Moreover, the report encompasses vital insights into market research and development, growth catalysts, and the evolving investment landscape within Point-of-care diagnostic. It also includes profiles of key industry players, such as Nova Biomedical, Becton Dickinson and Company, bioMrieux SA, sysmex corporation, Sinocare Inc., Danaher Corporation, Johnson and Johnson, Siemens AG, Hoffmann La Roche Ltd, Abbott Laboratories

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.alliedmarketresearch.com/point-of-care-diagnostics-market

𝐏𝐨𝐢𝐧𝐭 𝐨𝐟 𝐂𝐚𝐫𝐞 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬: 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐏𝐨𝐢𝐧𝐭 𝐨𝐟 𝐂𝐚𝐫𝐞 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $29,478.63 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2020 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $55,275.73 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2030, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 6.5% 𝐟𝐫𝐨𝐦 2021 𝐭𝐨 2030.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬:

➤ Accuracy and Reliability: POC devices may face challenges in achieving the same level of accuracy and reliability as traditional laboratory tests. Maintaining consistency in results is crucial for proper patient care.

➤ Quality Control: Ensuring the quality of POC devices and tests can be challenging, especially when these devices are used in diverse settings with varying environmental conditions and user expertise.

➤ Limited Test Menu: Many POC devices are designed for specific tests, and the range of available tests may be limited compared to centralized laboratories. This can be a challenge when a comprehensive diagnostic approach is required.

➤ Regulatory Compliance: Meeting regulatory standards for POC devices can be complex, and ensuring compliance with quality and safety standards is critical for patient safety.

➤ Cost: Developing and manufacturing POC devices can be expensive. While these devices can potentially reduce overall healthcare costs by preventing unnecessary hospital visits, the initial investment may be a barrier for some healthcare systems.

➤ Data Management and Integration: Integrating POC data with electronic health records (EHRs) and other healthcare systems can be challenging. Proper data management is crucial for providing comprehensive and cohesive patient care.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

➤ Rapid Results: POC diagnostics offer the advantage of providing rapid results, enabling quicker decision-making and timely initiation of treatment.

➤ Accessibility: POC devices can be deployed in a variety of settings, including remote or resource-limited areas, increasing access to diagnostic capabilities for a broader population.

➤ Reduced Turnaround Time: With POC diagnostics, patients can receive test results during the same visit, reducing the need for follow-up appointments and improving patient satisfaction.

➤ Remote Monitoring: POC devices can be designed for remote monitoring, allowing healthcare providers to track patient health in real-time, which is particularly valuable for chronic disease management.

➤ Preventive Care: POC testing can facilitate early detection of diseases, supporting preventive care initiatives and reducing the overall burden on healthcare systems.

𝐂𝐥𝐢𝐜𝐤 𝐓𝐨 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/161

𝐓𝐡𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐬𝐮𝐛-𝐬𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐏𝐨𝐢𝐧𝐭 𝐨𝐟 𝐂𝐚𝐫𝐞 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐡𝐨𝐰𝐧 𝐛𝐞𝐥𝐨𝐰:

𝐁𝐲 𝐏𝐑𝐎𝐃𝐔𝐂𝐓:

● Glucose Monitoring Kits

● Infectious Diseases Testing Kits

● Pregnancy And Fertility Testing Kits

● Hematology Testing Kits

● Cardiometabolic Monitoring Kits

● Urinalysis Testing Kits

● Cholesterol Test Strips

● Others

Drugs Abuse Testing Kits

𝐁𝐲 𝐌𝐎𝐃𝐄 𝐎𝐅 𝐏𝐑𝐄𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍:

● Prescription Based Devices

● Otc Based Devices

𝐁𝐲 𝐄𝐍𝐃 𝐔𝐒𝐄𝐑:

● Professional Diagnostic Centers

● Research Laboratories

● Home Care

● Others

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

● Nova Biomedical

● Becton Dickinson and Company

● bioMrieux SA

● sysmex corporation

● Sinocare Inc.

● Danaher Corporation

● Johnson and Johnson

● Siemens AG

● Hoffmann La Roche Ltd

● Abbott Laboratories

𝐈𝐟 𝐨𝐩𝐭𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐯𝐞𝐫𝐬𝐢𝐨𝐧 𝐨𝐟 𝐏𝐨𝐢𝐧𝐭-𝐨𝐟-𝐜𝐚𝐫𝐞 𝐝𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜; 𝐭𝐡𝐞𝐧 𝐛𝐞𝐥𝐨𝐰 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐰𝐨𝐮𝐥𝐝 𝐛𝐞 𝐢𝐧𝐜𝐥𝐮𝐝𝐞𝐝:

– North America (USA, Canada and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)

– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)

– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐢𝐬 𝐒𝐭𝐮𝐝𝐲:

1) What makes Point of Care Diagnostics Market feasible for long term investment?

2) How are factors influencing the driving demand of Point-of-care diagnostic in the next few years?

3) Territory that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for products/services?

5) What opportunity emerging territory would offer to established and new entrants in Point-of-care diagnostic?

6) What strategies of big players help them acquire share in mature market?

7) Know value chain areas where players can create value?

8) What is the impact analysis of various factors in the Point of Care Diagnostics Market growth?

9) Risk side analysis connected with service providers?

𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐏𝐨𝐢𝐧𝐭-𝐨𝐟-𝐜𝐚𝐫𝐞 𝐝𝐢𝐚𝐠𝐧𝐨𝐬𝐭𝐢𝐜

Point of Care Diagnostics Market Size (Sales) Market Share by Type (Product Category)

Point of Care Diagnostics Market by Application/End Users

Point-of-care diagnostic (Volume) and Market Share Comparison by Applications

Global Point-of-care diagnostic and Growth Rate (2020-2030)

Point-of-care diagnostic Competition by Players/Suppliers, Region, Type, and Application

Point-of-care diagnostic (Volume, Value, and Sales Price) table defined for each geographic region defined.

Point-of-care diagnostic Players/Suppliers Profiles and Sales Data

Key Raw Materials Analysis & Price Trends

Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis and view more in complete table of Contents

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (220+ 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/purchase-enquiry/161

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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