The global point of care diagnostics market growth is attributed to the rise in the prevalence of chronic diseases and several helpful initiatives administered by government and non-governmental organizations.<\/h2>\n
Wilmington, Delaware, Oct. 27, 2023 (GLOBE NEWSWIRE) — Allied Market Research recently published a report, titled, “Point of Care Diagnostics Market by Product (Cholesterol Test Strips, Glucose Monitoring Kits, Hematology Testing Kits, Urinalysis Testing Kits, Drugs Abuse Testing Kits, Pregnancy and Fertility Testing Kits, Cardiometabolic Monitoring Kits, Infectious Diseases Testing Kits, and Others), by Mode Of Prescription (<\/b>Otc<\/b> Based Devices and Prescription Based Devices), by End User (Home Care, Research Laboratories, Professional Diagnostic Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2030.” <\/b>According to the report, the global point of care diagnostics industry<\/b><\/a> is projected to reach $55,275.73 million by 2030, having witnessed a value of $29,478.63 million in 2020, exhibiting a CAGR of 6.5% from 2021 to 2030.\u00a0<\/p>\n The global point of care diagnostics market growth is attributed to the rise in the prevalence of chronic diseases and several helpful initiatives administered by government and non-governmental organizations. On the other hand, the stringent government regulations for POC diagnostic device approval and reimbursement issues restrict the market growth to some extent. Moreover, the technological advancement in Point of Care (POC) diagnostic equipment and the emergence of home-based point-of-care (POC) devices offer new opportunities for market growth in the coming years.\u00a0<\/p>\n Request Sample of the Report on\u00a0Point of Care Diagnostics Market\u00a0Forecast 2032- <\/b>\u00a0<\/b> https:\/\/www.alliedmarketresearch.com\/request-sample\/161<\/b><\/a>\u00a0<\/p>\n The glucose monitoring kits segment to <\/b>maintain<\/b> its lion’s share throughout the forecast period<\/b>\u00a0<\/p>\n By product, the glucose monitoring kits segment held the major share in 2020, accounting for more than two-fifths of the global point of care diagnostics market and is anticipated to maintain its lion’s share throughout the forecast period. The growth is attributed to the increase in the incidence of target diseases, such as diabetes. On the other hand, the infectious diseases testing kits segment would cite the highest CAGR of 12.7% during the forecast timeframe. This is due to the increase in the number of infections, including hepatitis, flu, COVID-19, and HIV.\u00a0<\/p>\n Recent Developments for Point of Care Diagnostics Market<\/b>:<\/b>\u00a0<\/p>\n Want to Explore More, Connect to our Analyst- <\/b>https:\/\/www.alliedmarketresearch.com\/connect-to-analyst\/161<\/b><\/a>\u00a0<\/p>\n The professional diagnostic centers segment to <\/b>maintain<\/b> its dominant position during the forecast <\/b>timeframe<\/b>–<\/b>\u00a0<\/p>\n By end user, the professional diagnostic centers segment accounted for the largest market share in 2020, holding more than half of the global point of care diagnostics market revenue, and is expected to maintain its dominant position during the forecast timeframe. The growth is attributed to the availability of advanced diagnostic techniques, the enhancement of health insurance coverage, and cost-effectiveness. However, the research laboratories segment would showcase the highest CAGR of 7.8% from 2021 to 2030. This is due to the increase in the prevalence of a variety of chronic and infectious diseases.\u00a0<\/p>\n North America garnered the major share by 2030-<\/b>\u00a0<\/p>\n By region, North America accounted for the highest market share in 2020, contributing to around two-fifths of the global point of care diagnostics market revenue, and is expected to maintain its dominance throughout the forecast period. Simultaneously, the Asia-Pacific region would portray the highest CAGR of 7.8% from 2021 to 2030. The growth is attributed to the advancement of healthcare systems and the prevalence of chronic and targeted disorders, including diabetes, cancer, and others.\u00a0<\/p>\n For Procurement Information – <\/b>https:\/\/www.alliedmarketresearch.com\/purchase-enquiry\/161<\/a>\u00a0<\/p>\n Industry Leading Players: –\u00a0<\/b><\/p>\n The report offers a thorough review of the leading players in the global point of care diagnostics market. These players have employed various strategies, including the launch of new products, geographical expansion, partnerships, collaborations, and agreements, to expand their market presence and remain dominant in various regions. The report represents the top segments, product portfolio, business performance, and strategic actions of market participants to emphasize the competitive landscapes.\u00a0\u00a0<\/p>\n Comprehensive Healthcare Industry Research Studies: <\/b>–<\/b>\u00a0<\/p>\n Protein Therapeutics Market – Global Opportunity Analysis and Industry Forecast, 2022\u20132032<\/a>\u00a0<\/p>\n Ophthalmic Drugs Market – Global Opportunity Analysis and Industry Forecast, 2022\u20132032<\/a>\u00a0<\/p>\n Infant Incubator Market – Global Opportunity Analysis and Industry Forecast, 2022\u20132032<\/a>\u00a0<\/p>\n Single-use Bioprocessing Market – Global Opportunity Analysis and Industry Forecast, 2022\u20132032<\/a>\u00a0<\/p>\n Drug Screening Market – Global Opportunity Analysis and Industry Forecast, 2022\u20132032<\/a>\u00a0\u202f\u202f\u00a0<\/p>\n About Allied Market Research:<\/b>\u00a0<\/p>\n Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. 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 domains. AMR offers its services across 11 industry verticals including Life Sciences<\/a>, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.\u00a0<\/p>\n We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.\u00a0\u00a0<\/p>\n Contact<\/b>\u00a0 1209 Orange Street,\u00a0<\/p>\n Corporation Trust Center,\u00a0<\/p>\n Wilmington, New Castle,\u00a0<\/p>\n Delaware 19801 USA.\u00a0<\/p>\n Toll Free: +1-800-792-5285<\/b>\u00a0<\/p>\n Int\u2019l: <\/b>+1-503-894-6022<\/b>\u00a0<\/p>\n UK: +44-845-528-1300\u00a0<\/p>\n Hong Kong: +852-301-84916\u00a0<\/p>\n India (Pune): +91-20-66346060\u00a0<\/p>\n Fax: +1-855-550-5975\u00a0<\/p>\n help@alliedmarketresearch.com<\/a>\u00a0\u00a0\u00a0<\/p>\n Web: https:\/\/www.alliedmarketresearch.com<\/a>\u00a0\u00a0\u00a0\u00a0<\/p>\n Follow Us on: LinkedIn<\/a> Twitter<\/a>\u00a0<\/p>\n \n
\n
David Correa<\/b>\u00a0<\/p>\n![](\"https:\/\/ml.globenewswire.com\/media\/YjA4MjViMGEtNDU4MC00MzBlLWE1OTAtNzEyYWRlNjRmNmJiLTEwOTg1MDg=\/tiny\/Allied-Market-Research.png\")
<\/p>\n
![\"Primary](\"https:\/\/ml.globenewswire.com\/media\/9c430095-89f7-48b4-b8f0-e1f4ed1a5660\/small\/amr-logo-png.png\"){kind=logo}
<\/a><\/p>\n![\"\"](\"https:\/\/www.einpresswire.com\/tracking\/article.gif?t=2&a=JjT1sWHzbwxnVkrr&i=OcnJu9A7-Hq-LiMD\"\/)
<\/p>\n