Global Point-of-Care or Rapid Diagnostics Market Growth 2023-2029

Global Point-of-Care or Rapid Diagnostics Market Growth 2023-2029

Product Code:753452

Published Date: Aug 14,2023

Pages: 122

Region: Global

Category: Medical Devices & Consumables

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According to our LPI (LP Information) latest study, the global Point-of-Care or Rapid Diagnostics market size was valued at US$ 25110 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War,  the Point-of-Care or Rapid Diagnostics is forecast to a readjusted size of US$ 29620 million by 2029 with a CAGR of 2.4% during review period. 
The research report highlights the growth potential of the global Point-of-Care or Rapid Diagnostics market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Point-of-Care or Rapid Diagnostics are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Point-of-Care or Rapid Diagnostics. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Point-of-Care or Rapid Diagnostics market.

Point-of-care testing (POCT or bedside testing) is defined as medical diagnostic testing at or near the point of care—that is, at the time and place of patient care.

In our report, blood glucose test strips and blood glucose meter, which mainly used at home, are not included.

In Spain & Portugal Market, Oint-of-Care or Rapid Diagnostics key players include, Roche, Abbott, Danaher, Siemens Healthcare, Bio-Rad Laboratories, etc. Top 5 manufacturers hold a share over 74%.

In terms of product, Intensive Care is the largest segment, with a share over 26%. And in terms of application, the largest application is Hospital, followed by Clinic, Independent Laboratories and Others.

Key Features:
The report on Point-of-Care or Rapid Diagnostics market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Point-of-Care or Rapid Diagnostics market. It may include historical data, market segmentation by Type (e.g., Blood Glucose Testing, Infectious Diseases Testing), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Point-of-Care or Rapid Diagnostics market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Point-of-Care or Rapid Diagnostics market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Point-of-Care or Rapid Diagnostics industry. This include advancements in Point-of-Care or Rapid Diagnostics technology, Point-of-Care or Rapid Diagnostics new entrants, Point-of-Care or Rapid Diagnostics new investment, and other innovations that are shaping the future of Point-of-Care or Rapid Diagnostics.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Point-of-Care or Rapid Diagnostics market. It includes factors influencing customer ' purchasing decisions, preferences for Point-of-Care or Rapid Diagnostics product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Point-of-Care or Rapid Diagnostics market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Point-of-Care or Rapid Diagnostics market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Point-of-Care or Rapid Diagnostics market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Point-of-Care or Rapid Diagnostics industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Point-of-Care or Rapid Diagnostics market.

Market Segmentation:
Point-of-Care or Rapid Diagnostics market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
    Blood Glucose Testing
    Infectious Diseases Testing
    Cardiac Markers Testing
    Coagulation Testing
    Pregnancy and Fertility Testing
    Blood Gas/Electrolytes Testing
    Urinalysis Testing
    Others

Segmentation by application
    Clinics
    Hospitals
    Laboratory
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Roche
    Abbott
    Johnson & Johnson
    Siemens Healthcare
    Danaher
    Ascensia
    Bio-Rad Laboratories
    BioMerieux
    ARKRAY
    Nova Biomedical
    Trividia Health
    Quidel
    Accriva
    OraSure Technologies
    Helena Laboratories
    A. Menarini Diagnostics
    Abaxis (Zoetis)
    Ortho Clinical Diagnostics
    Phamatech
    Chembio Diagnostics
    Sinocare
    Wondfo
    Yuwell
    Runbio
    KHB
    Wuhan EasyDiagnosis Biomedicine
    DAAN GENE

Key Questions Addressed in this Report
What is the 10-year outlook for the global Point-of-Care or Rapid Diagnostics market?
What factors are driving Point-of-Care or Rapid Diagnostics market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Point-of-Care or Rapid Diagnostics market opportunities vary by end market size?
How does Point-of-Care or Rapid Diagnostics break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?