The global point of care infectious disease testing market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the current developments in consumer-centric services, high demand for portable and rapid testing products, and rapid increase in the number of cases of infectious diseases.
A point-of-care (POC) test is a kind of screening process and medical examination is adopted at or near the location of patients. The test allows quick testing process and enhances convenience of patients by providing easy access to several medical facilities, which lead to the improvement in patient treatment. With the advancement of POC testing, it helps to eliminate the need for repeated hospital visits, allowing for prompt healthcare actions, and effective treatment methods for infectious diseases.
Increasing inclination towards home healthcare from patients suffering from infectious disease present a key factor driving the market growth of the market. Rising demand for home healthcare can be attributed to introduction of several governments’ initiatives and growing patient awareness that has resulted to reducing hospital stays and healthcare expenses related to it.
The report on the global point of care infectious disease testing market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Point of Care Infectious Disease Testing Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Diseases (HIV POC, Clostridium Difficile POC, HBV POC, Pneumonia or Streptococcus Associated Infections, Respiratory Syncytial Virus POC, HPV POC, Influenza/Flu POC, HCV POC, MRSA POC, TB & Drug-resistant TB POC, HSV POC, and Other Infectious Disease POC) and End-users (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Alere, Thermo Fisher Scientific Inc, F. Hoffmann-La Roche Ltd, Siemens Healthineers, BD & Company, Chembio Diagnostics Inc., Trinity Biotech, Cardinal Health, Quest Diagnostics Inc., Bio-Rad Labs Inc., bioMérieux SA, Sight Diagnostics Ltd., Gene POC, Trivitron Healthcare, OJ-Bio Ltd., and Ortho-Clinical Diagnostics. |
Based on the diseases, the point of care infectious disease testing market is divided into HIV POC, Clostridium difficile POC, HBV POC, pneumonia or streptococcus associated infections, respiratory syncytial virus (RSV) POC, HPV POC, influenza/flu POC, HCV POC, MRSA POC, TB and drug-resistant TB POC, HSV POC, and other infectious disease POC.
The HIV POC test segment is expected to account for a key share of the market during the forecast period owing to the advancement and delivery of responsive and reliable device for the treatment of AIDS/HIV. However, the influenza/flu POC segment is anticipated to expand at a rapid pace during the forecast period owing to increasing disease incidence rates.
On the basis of end-users, the market is segregated into hospitals, clinics, home, assisted living healthcare facilities, laboratories, and others. The clinics segment is expected to hold a key share of the market in the coming years due to increased use of these instruments and platforms in clinics. On the other hand, the assisted living healthcare facilities segment is anticipated to expand at a rapid pace during the forecast period owing to increased use of this market as a result of the demand from the geriatric population base.
On the basis of regions, the global point of care infectious disease testing market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to the participation of major players, a well-established healthcare system, and technical advancements in this region. However, the market of Asia Pacific is expected to exhibit a rapid growth rate in the coming years due to increased R&D spending in patient-centered hospitals in Japan and China, the rapidly rising burden of chronic infectious diseases, and the presence of government programs that aimed at promoting early diagnosis.
The global point of care infectious disease testing market has been segmented on the basis of
Key players competing in the global point of care infectious disease testing market are Alere, Thermo Fisher Scientific Inc, F. Hoffmann-La Roche Ltd, Siemens Healthineers, BD & Company, Chembio Diagnostics Inc., Trinity Biotech, Cardinal Health, Quest Diagnostics Inc., Bio-Rad Labs Inc., bioMérieux SA, Sight Diagnostics Ltd., Gene POC, Trivitron Healthcare, OJ-Bio Ltd., and Ortho-Clinical Diagnostics.
Some of these players are establishing strategic alliances with other existing and emerging organizations. The partnerships aim to increase their market share by developing a broad product range that help in accurate diagnosis process.
The global point of care infectious disease testing market has been segmented on the basis of
Key players competing in the global point of care infectious disease testing market are Alere, Thermo Fisher Scientific Inc, F. Hoffmann-La Roche Ltd, Siemens Healthineers, BD & Company, Chembio Diagnostics Inc., Trinity Biotech, Cardinal Health, Quest Diagnostics Inc., Bio-Rad Labs Inc., bioMérieux SA, Sight Diagnostics Ltd., Gene POC, Trivitron Healthcare, OJ-Bio Ltd., and Ortho-Clinical Diagnostics.
Some of these players are establishing strategic alliances with other existing and emerging organizations. The partnerships aim to increase their market share by developing a broad product range that help in accurate diagnosis process.
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