Point of Care Testing Market Growth, Share & Size to be Worth USD 99.45 Billion in 2030

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Point of Care Testing Market Size – USD 39.80 Billion in 2021, Market Growth – at a CAGR of 10.9%, Market Trends – Improvement in patient-centric care and emergence of advanced testing kits

A Global Point of Care Testing Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Point of Care Testing industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Point of Care Testing market, this study covers qualitative and quantitative aspects of the Point of Care Testing market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

The global Point-Of-Care Testing (POCT) market size reached USD 39.80 Billion in 2021 and is expected to register a revenue CAGR of 10.9% during the forecast period, according to latest analysis by Emergen Research. Rise in prevalence of target diseases as well as supportive government funding, norms, and regulations are some of the major factors driving POCT market revenue growth.

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Point of Care Testing industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Point of Care Testing industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Point of Care Testing industry.

Radical Highlights of the Point of Care Testing Market Report:

  • Comprehensive overview of the Point of Care Testing market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Point of Care Testing market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Point of Care Testing market expected to boost the growth of the industry in the coming years.

Point of Care Testing Market Segmentation:

  • Product Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Infectious Disease Testing Products
    • Glucose Monitoring Products
    • Pregnancy and fertility Testing Products
    • Cardio-metabolic Monitoring Products
    • Hematology Testing Products
    • Cholesterol Testing Products
    • Tumor/Cancer Marker Testing Products
    • Others
  • End-User Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Clinical Laboratories
    • Home care Settings
    • Hospitals
    • Others
  • Mode of Purchase Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Over-the-counter (OTC) Products
    • Prescription Based Products

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Point of Care Testing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Abbott Laboratories, Chembio Diagnostics, Siemens, Roche Diagnostics, Danaher Corporation, Johnson Johnson, Qiagen, Becton, Dickinson and Company, Nova Biomedical, and Quidel Corporation

Regional Landscape section of the Point of Care Testing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Additional information offered by the report:

  • Along with a complete overview of the global Point of Care Testing market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Point of Care Testing market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/point-of-care-testing-market

Highlights of Table of Contents (TOC):

  • Overview of Global Point of Care Testing Market
  • Competitive analysis of the Point of Care Testing market
  • Regional analysis of Global Point of Care Testing market production and revenue
  • Regional analysis of Global Point of Care Testing market supply, consumption, and export import
  • Type-based market analysis of global Point of Care Testing production, revenue, and price trends
  • Application-based analysis of the global Point of Care Testing market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Point of Care Testing market
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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