Medical Health & Life Science Research News

Point-of-care testing industry grows in importance

Medical Market Research

The Global point-of-care testing market is expected to reach USD 35.3 billion by 2024 from USD 18.6 billion in 2016, growing at a CAGR of 8.4% in the forecast period 2017 to 2024.”


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Global Point-of-Care Testing (POCT) Market Segmentation:

Global Point-of-Care Testing (POCT) Market, By Product (Blood Glucose Testing Kits, Cardiometabolic Monitoring Kits, Infectious Disease Testing Kits, Cholesterol Testing Kits, Pregnancy & Fertility Tests Kits, Tumor/Cancer Markers, Urinalysis Testing Kits, Cholesterol Test Strips, Hematology Testing Kits, Drugs Of Abuse Testing Kits, Fecal Occult Testing Kits, Rapid Coagulation Testing Kits, & Others) By Prescription Mode, By Distribution Channel, By End User (Hospital, Clinics, Ambulatory Care, Home Healthcare, & Research Laboratory) By Geography- Trends and Forecast to 2024

Global Point-of-Care Testing (POCT) Market segmented On the basis of distribution channel

  • direct tenders
  • retail

The direct tender market is expected to dominate the market with a share of 64.0% in the forecast period 2017-2024.

Global Point-of-Care Testing (POCT) Market segmented On the basis of product

  • blood glucose testing kits
  • cardio metabolic monitoring kits
  • infectious disease testing kits
  • cholesterol testing kits
  • pregnancy and fertility tests kits
  • tumor/cancer markers
  • urinalysis testing kits
  • cholesterol test strips
  • hematology testing kits
  • drugs of abuse testing kits
  • fecal occult testing kits
  • rapid coagulation testing kits

Blood glucose testing kits segment is expected to dominate the market with a share of around 27.0% and is expected to continue this trend till 2024.

Global Point-of-Care Testing (POCT) Market segmented On the basis of end users

  • hospital
  • clinics
  • ambulatory care
  • home healthcare
  • research laboratory

Hospital segment is further categorized into emergency department critical-care unit, general ward, and others (intensive care unit, neo-natal). Also, clinic is segmented into physicians’ clinic and diagnostic clinic.