Press release
Point-of-Care Testing (POCT) Market Size, Share, Trends, Opportunities, Key Drivers and Growth Prospectus Forecast by 2028
Global point-of-care testing (POCT) market size was valued at USD 36.39 billion in 2023 and is projected to reach USD 80.88 billion by 2031, with a CAGR of 10.50% during the forecast period of 2024 to 2031Market Definition
Point-of-care testing (POCT) is a medical diagnostic testing performed near or at the location of patient care, such as a doctor's office, clinic, or bedside. It provides rapid results, allowing for immediate clinical decision-making without the need for samples to be sent to a centralized laboratory. POCT devices are often portable and user-friendly, enabling healthcare professionals to conduct tests efficiently and conveniently. Common point of care testing examples include blood glucose monitoring, pregnancy tests, and rapid strep tests.
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Point-of-Care Testing (POCT) Market Scope
The market is segmented on the basis of product, technology, prescription, application, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Competitive Landscape and Point-of-Care Testing (POCT) Market Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
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