Primary Care POC Diagnostics Market

Primary Care POC Diagnostics Market by Products (Glucose Testing, Hb1Ac Testing, Coagulation, Fertility, Infectious Diseases, Cardiac Markers, Thyroid Stimulating Hormone, Hematology, Primary Care Systems, Decentralized Clinical Chemistry, Feces, Lipid Testing, Cancer Marker, Blood Gas/Electrolytes, Ambulatory Chemistry, Drug Abuse Testing, and Urinalysis), End-users (Pharmacy & Retail Clinics, Physician Office, Urgent Care Clinics, and Non-practice Clinics), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-983
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 160
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The global primary care POC diagnostics market size was valued at USD 7.38 billion in 2020 and is expected to register a substantial CAGR during the forecast period, 2021-2028. The market growth is attributed to the swift evolution of the point to care testing (POCT) and growing adoption of the diagnostics for various medical applications from patients. The POCT has immense potential in terms of growth, be it primary or secondary care settings, which helps in the significant growth of the primary care POC diagnostics market.

Primary Care POC Diagnostics Market Key Takeaways

The primary care POC diagnostics is widely adopted to identify and measure the level and strength of various key components and elements to ensure a healthy body and also to observe and monitor for the treatment required of a disease. This diagnostic report is further used for evaluation and a summary of the report is normally being sent to the concerned clinic, which devises a proper treatment for the patient. Various kinds of POCTs were developed to study different anatomies of the body, be it internal or external. For instance, after the introduction of urine test strips, wherein the patient’s urine strip is studied on a separate apparatus for the detection of drugs or toxic, portable ultrasonography offers a better result showing accurate readings in limited time. Now, this method is considered to be a simple technology and is also found its usage in other liquid test evaluations such as blood sample testing. One key aspect of POCTs is that it can offer a wide range of tests immediately, which provides certain conveniences to patients. This helps to improve the treatment of patients since the physician and healthcare team can function more efficiently once the results become available quickly.

The COVID-19 pandemic has accelerated the growth of the global primary care POC diagnostics market. POCT provide the perfect tools for analysis of several viral diseases including COVID-19 virus and several hospital administrative bodies are making partnerships with scientists and researchers to take advantage of this fact. Many major hospitals are relying on a large amount of funding to start their research on the coronavirus through the POCT, thereby, fueling the growth of global primary care POC diagnostics market.

Market Trends, Drivers, Restraints, and Opportunities

  • The major driver for the global primary care POC diagnostics market is the continuous expansion and the advancement for POC products due to their ease of use and portability.
  • POCT has found success in various fields of application such as disease diagnosis in patient settings, usage found in non-practice clinics and physician’s office & clinics. This leads to a significant growth of the global primary care POC diagnostics market.
  • The use of POCT products is comparatively easy compared to some of the other processes and equipment used in hospitals and healthcare clinics. This means even an average skilled labor can work on POCT with the aid of basic training; which in turn, leading to the market growth.
  • Complexity in the infrastructure setup required for the functioning of POCT devices and lack of innovative healthcare infrastructure in low-income regions are key challenges that can hinder the global primary care diagnostics market growth.
  • Availability of numerous point-to-care testing options and ongoing R&D activities to improve the efficiency of diagnostic kits are key opportunities for the market expansion in the long run.

Scope of the Report

The report on the global primary care POC diagnostics market size 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

Primary Care POC Diagnostics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Glucose Testing, Hb1Ac Testing, Coagulation, Fertility, Infectious Diseases, Cardiac Markers, Thyroid Stimulating Hormone, Hematology, Primary Care Systems, Decentralized Clinical Chemistry, Feces, Lipid Testing, Cancer Marker, Blood Gas/Electrolytes, Ambulatory Chemistry, Drug Abuse Testing, and Urinalysis) and End-users (Pharmacy & Retail Clinics, Physician Office, Urgent Care Clinics, and Non-practice Clinics)

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, Trends, and Revenue Forecast

Key Players Covered in the Report

Roche Diagnostics; BD Biosciences; Danaher Corporation; Abbott Laboratories; Instrumentation Laboratory; bioMerieux; Siemens Healthcare, and Quidel Corporation


Global Primary Care POC Diagnostics Market Size Segment Insights

Glucose testing segment to hold a large revenue share
On the basis of products, the global primary care POC diagnostics market size is segmented into glucose testing, Hb1Ac testing, coagulation, fertility, infectious diseases, cardiac markers, thyroid stimulating hormone, hematology, primary care systems, decentralized clinical chemistry, feces, Lipid testing, cancer marker, blood gas/electrolytes, ambulatory chemistry, drug abuse testing, and urinalysis. The glucose testing segment is expected to hold a high revenue share of the market in the coming years owing to the high demand for glucose testing solutions due to rising cases of diabetes and growing number of the aging population globally.

On the other hand, the lipid testing segment is anticipated to constitute a large market share during the forecast period owing to wide commercial availability of lipid testing products worldwide. Moreover, the rise in research and development activities in this segment is another key driver for the rapid expansion of lipid testing products.

Physician office segment to dominate the market
Based on end-users, the market is divided into pharmacy & retail clinics, physician office, urgent care clinics, and non-practice clinics. The physician office segment is projected to dominate the market during the forecast period owing to the rising global demand for POCT devices from physicians. With the help of these devices, the patient care and workflow at the physician office has improved radically. The availability of POCT devices has been crucial factor in aiding complex tests with simple procedures and still being able to obtain accurate results. Therefore, factors such as stress-free, less time-consuming tests, and consumer demand for ease have boosted the growth of this segment.

The pharmacy & retail clinics segment, however, is expected to expand at a robust growth rate during the forecast period due to easy accessibility and cost-effective factors along with favorable insurance policies. Several insurance companies across the globe implement policies, having directly tied up to pharmacies and clinics, resulting to encourage the adoption of the diagnostics in pharmacy and retail clinics. Pharmacists have also started performing new tests such as glycosylated hemoglobin and cholesterol screening, which can be easily available for all.

Primary Care POC Diagnostics Market By End-users

North America held a major market share
In terms of regions, the market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a dominant market share in 2020 and the trend is projected to continue during the forecast period owing to primary reasons such as the wide availability of advanced healthcare infrastructure; technological superiority, and favorable reimbursement policies compared to other regions. The presence of key global players in this region, which offers services and products of both primary and secondary care settings can also become a major factor for the regional market growth.

On the other hand, the market in Asia Pacific is expected to grow at a fast pace during the forecast period owing to the growing awareness of the diagnostics and its benefits among health-conscious people as well as rising investment from both government authorities and private administrations to improve the testing process in the region.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Primary Care POC Diagnostics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Primary Care POC Diagnostics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Primary Care POC Diagnostics Market - Supply Chain
  4.5. Global Primary Care POC Diagnostics Market Forecast
     4.5.1. Primary Care POC Diagnostics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Primary Care POC Diagnostics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Primary Care POC Diagnostics Market Absolute $ Opportunity
5. Global Primary Care POC Diagnostics Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     5.3.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Primary Care POC Diagnostics Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Primary Care POC Diagnostics Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
7. North America Primary Care POC Diagnostics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Primary Care POC Diagnostics Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     7.4.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
8. Latin America Primary Care POC Diagnostics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Primary Care POC Diagnostics Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     8.4.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
9. Europe Primary Care POC Diagnostics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Primary Care POC Diagnostics Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     9.4.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
10. Asia Pacific Primary Care POC Diagnostics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Primary Care POC Diagnostics Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     10.4.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
11. Middle East & Africa Primary Care POC Diagnostics Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Primary Care POC Diagnostics Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Primary Care POC Diagnostics Market Size and Volume Forecast by End Users
     11.4.1. Pharmacy & Retail Clinics Physician Office Urgent Care Clinics Non-Practice Clinics
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Primary Care POC Diagnostics Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Primary Care POC Diagnostics Market: Market Share Analysis
  12.2. Primary Care POC Diagnostics Distributors and Customers
  12.3. Primary Care POC Diagnostics Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Roche Diagnostics BD Biosciences Danaher Corporation Abbott Laboratories
Segments covered in the report
The global primary care POC diagnostics market has been segmented in terms of

Products
  • Glucose Testing
  • Hb1Ac Testing
  • Coagulation
  • Fertility
  • Infectious Diseases
  • Cardiac Markers
  • Thyroid Stimulating Hormone
  • Hematology
  • Primary Care Systems
  • Decentralized Clinical Chemistry
  • Feces
  • Lipid Testing
  • Cancer Marker
  • Blood Gas/Electrolytes
  • Ambulatory Chemistry
  • Drug Abuse Testing
  • Urinalysis
End-users
  • Pharmacy & Retail Clinics
  • Physician Office
  • Urgent Care Clinics
  • Non-Practice Clinics
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Roche Diagnostics
  • BD Biosciences
  • Danaher Corporation
  • Abbott Laboratories
  • Instrumentation Laboratory
  • bioMerieux
  • Siemens Healthcare
  • Quidel Corporation

Key players competing in the global primary care POC diagnostics market are Roche Diagnostics; BD Biosciences; Danaher Corporation; Abbott Laboratories; Instrumentation Laboratory; bioMerieux; Siemens Healthcare, and Quidel Corporation. Most of these players are currently engaged in strategic initiatives including mergers & acquisitions, promoting awareness, and new product development to help them expanding their product portfolios and enhancing market positions. Roche Diagnostics introduced the Accutrend Plus system, which aimed to offer the complete and effective analysis of a patient who had undergone lipid testing in a short amount of time.

 Primary Care POC Diagnostics Market By Key Players

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