What is the projected market size & growth rate of the Primary Care POC Diagnostics Market?
Market Analysis and Size
Point-of-care testing diagnostics have numerous advantages, allowing patients to be diagnosed in a variety of settings, including the doctor's office, an ambulance, the home, the field, or the hospital. The outcomes of care are timely and provide the patient with prompt treatment. Chronic diseases, such as diabetes, rheumatism, and cancer, are becoming more common around the world for a variety of reasons, including an increase in the geriatric population, sedentary lifestyles, unhealthy eating habits, and environmental factors. Chronic diseases, for example, kill more than 38 million people worldwide each year. Cardiovascular diseases cause the most chronic disease deaths each year, killing 17.5 million people, followed by cancer (8.2 million), respiratory diseases (4 million), and diabetes (1.5 million).
Data Bridge Market Research analyzes that the primary care POC diagnostics market, which was USD 17,306.51 million in 2023, is likely to reach USD 28,081.22 million by 2031 and is expected to undergo a CAGR of 6.20% during the forecast period. “Immunoassays” dominates the platform segment of the primary care POC diagnostics market due to rising demand globally. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Primary Care POC Diagnostics market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Primary Care POC Diagnostics Market.
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Which are the driving factors of the Primary Care POC Diagnostics market?
The driving factors of the Primary Care POC Diagnostics market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Primary Care POC Diagnostics across various industries further propel market expansion.
Primary Care POC Diagnostics Market - Competitive and Segmentation Analysis:
Global Primary Care POC Diagnostics Market, By Platform (Lateral Flow Assays, Dipsticks, Microfluidics, Molecular Diagnostics, Immunoassays), Prescription (Prescription-Based Testing, OTC Testing), End-User (Professional Diagnostic Centers, Home Care, Research Laboratories, Other End Users), Product (Glucose, Cardio-Metabolic, Infectious Disease, Influenza, HIV, Hepatitis C, Sexually Transmitted Disease (STD), Healthcare-Associated Infection (HAI), Respiratory Infection, Tropical Disease, Other Infectious Disease, Coagulation, PT/INR Activated Clotting Time (ACT/APTT), Pregnancy and Fertility, Tumor/Cancer Marker, Urinalysis, Cholesterol, Hematology, Drugs-of-Abuse, Fecal Occult, Other POC Products) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Primary Care POC Diagnostics market?
Some of the major players operating in the primary care POC diagnostics market are:
- Abbott (U.S.)
- Siemens Healthineers AG (Germany)
- Quidel Corporation (U.S.)
- F. Hoffman-La Roche Ltd. (Switzerland)
- Danaher Corporation (U.S.)
- Becton, Dickinson and Company (U.S.)
- Chembio Diagnostics (U.S.)
- EKF Diagnostics (U.K.)
- Trinity Biotech plc (Ireland)
- Instrumentation Laboratory (a Werfen Company) (U.S.)
- Nova Biomedical (U.S.)
- PTS Diagnostics (U.S.)
- Sekisui Diagnostics (U.S.)
- Thermo Fisher Scientific (U.S.)
- bioMérieux S.A. (France)
Short Description About Primary Care POC Diagnostics Market:
The Global Primary Care POC Diagnostics market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Primary Care POC Diagnostics. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Primary Care POC Diagnostics Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Primary Care POC Diagnostics in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Primary Care POC Diagnostics market?
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and 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)
This Primary Care POC Diagnostics Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Primary Care POC Diagnostics market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Primary Care POC Diagnostics?
- What are the upcoming industry applications and trends for Primary Care POC Diagnostics market?
- What Are Projections of Global Primary Care POC Diagnostics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Primary Care POC Diagnostics?
- What are the raw materials used for Primary Care POC Diagnostics manufacturing?
- How big is the opportunity for the Primary Care POC Diagnostics market?
- How will the increasing adoption of Primary Care POC Diagnostics for mining impact the growth rate of the overall market?
- How much is the global Primary Care POC Diagnostics market worth? What was the value of the market In 2020?
- Who are the major players operating in the Primary Care POC Diagnostics market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Primary Care POC Diagnostics Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Primary Care POC Diagnostics Market Insights and Forecast to 2031
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Primary Care POC Diagnostics Market By Type
- Primary Care POC Diagnostics Market By Function
- Primary Care POC Diagnostics Market By Material
- Primary Care POC Diagnostics Market By End User
- Primary Care POC Diagnostics Market By Region
- Primary Care POC Diagnostics Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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