Point of Care Testing Market Size & Share 2025 - 2034
Market Size by Product, by Technology, by Application, by Prescription, by End Use, Global Forecast.
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Market Size by Product, by Technology, by Application, by Prescription, by End Use, Global Forecast.
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Starting at: $2,450
Base Year: 2024
Companies Profiled: 16
Tables & Figures: 298
Countries Covered: 19
Pages: 163
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Point of Care Testing Market
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Point of Care Testing Market Size
The global point of care testing market size was estimated at USD 42 billion in 2024. The market is expected to grow from USD 44.7 billion in 2025 to USD 82 billion in 2034, growing at a CAGR of 7%, according to the latest report published by Global Market Insights Inc. The growth of the global market is largely influenced by the upward trend in disease prevalence among developing countries, surging number of pathology labs and services equipped with advanced diagnostic equipment in North America, technological advancements, and increasing research and development investment.
Point of Care Testing Market Key Takeaways
Market Size & Growth
Key Market Drivers
Challenges
Opportunity
Key Players
The market increased from USD 33.3 billion in 2021 to USD 39.5 billion in 2023. This growth was driven by the rising burden of chronic and infectious diseases in developing countries. Communicable diseases such as HIV/AIDS, tuberculosis (TB), malaria, viral hepatitis, sexually transmitted infections, and neglected tropical diseases (NTDs) remain leading causes of death and disability in low-income populations. HIV has claimed over 36.3 million lives, while TB causes around 1.5 million deaths annually, making it the second deadliest infectious disease after COVID-19. In 2020, children under 5 years accounted for 77% (487,000) of all malaria deaths worldwide. The COVID-19 pandemic has further reversed progress in combating these diseases, increasing the need for strong healthcare systems. This increased burden of chronic diseases highlight need for point of care testing solutions stimulating the market growth.
The increasing focus on research and development in point-of-care (POC) testing is a major factor driving market expansion. With rising demand for rapid diagnostics in emergency and remote settings, governments and health organizations are actively investing in innovative solutions. For instance, U.S. National Institutes of Health (NIH) allocated over USD 1.5 billion toward diagnostic technologies, including POC testing. This funding continues to grow annually, reflecting the urgency to develop accessible tools for managing infectious diseases, diabetes, and cardiovascular conditions. These investments not only accelerate innovation but also ensure that diagnostic solutions are tailored to real-world healthcare challenges. As a result, sustained research and development support is essential for advancing POC testing, making diagnostics faster, more accurate, and widely available especially in underserved regions.
The Point-of-Care Testing includes diagnostic tools designed to deliver fast, reliable, and lab-grade results directly at or near the patient’s location. These systems support quick clinical decisions, minimizing reliance on centralized laboratories. Leveraging technologies such as lateral flow assays, microfluidic platforms, and immunoassay techniques, point of care testing devices test biological samples like blood, urine, or saliva, producing results within minutes.
Point of Care Testing Market Trends
Point of Care Testing Market Analysis
The global market was valued at USD 33.3 billion in 2021. The market size reached USD 39.5 billion in 2023, from USD 37.2 billion in 2022.
Based on the Product, the market is segmented into endocrinology testing products, cardiometabolic testing products, infectious disease testing products, coagulation testing products, tumor/cancer marker testing products, urinalysis testing products, hematology testing products, drug-of-abuse testing products, fecal occult testing products, other products. The Endocrinology testing products segment held a significant market share of 33.1% in 2024.
Based on technology, the point of care testing market is segmented into lateral flow assays, dipsticks, microfluidics, molecular diagnostics, immunoassays, agglutination assays, flow-through methods, solid-phase techniques, and biosensors. The lateral flow assays segment was worth USD 9.3 billion in 2024.
Based on application, the point of care testing market is segmented into cardio-metabolic testing, infectious disease testing, nephrology testing, drug-of-abuse testing, blood glucose testing, pregnancy testing, cancer biomarker testing, and other applications. The cardio-metabolic testing segment was worth USD 9.4 billion in 2024.
Based on prescription, the point of care testing market is segmented into OTC testing, prescription-based testing. The OTC testing segment was worth USD 25.9 billion in 2024.
Based on end use, the point of care testing market is categorized into hospitals, diagnostic centers, research laboratories, home-care settings, other end users. Among these, diagnostic centers segment dominated the market in 2024, accounting for 35.6% of the total market share. This dominance is projected to continue, with the segment expected to reach USD 29.5 billion by 2034.
North America Point of Care Testing Market
The North America market dominated the global point of care testing industrywith a market share of 33.4% in 2024.
The U.S. market was valued at USD 10 billion and USD 11.2 billion in 2021 and 2022, respectively. The market size reached USD 12.5 billion in 2024, growing from USD 11.8 billion in 2023.
Europe point of care testing market
Europe market accounted for USD 12.1 billion in 2024 and is anticipated to show lucrative growth over the forecast period.
Germany point of care testing market is anticipated to witness considerable growth over the analysis period.
Asia Pacific point of care testing market
The Asia Pacific market is anticipated to grow at the CAGR of 7.8% during the analysis timeframe.
Japan point of care testing market is predicted to grow significantly over the forecast period.
Latin America Point of Care Testing Market
Brazil is experiencing significant growth in the Latin America market due to the high burden of chronic diseases.
Middle East and Africa Point of Care Testing Market
Saudi Arabia market is poised to witness substantial growth in the Middle East and Africa market during the forecast period.
Point of Care Testing Market Share
Point of Care Testing Market Companies
Some of the eminent market participants operating in the point of care testing solutions industry include:
Danaher Corporation is a major player in the market through its subsidiaries. The company focuses on molecular diagnostics and rapid testing platforms for infectious diseases. Its point of care testing solutions are widely used in clinical labs and emergency settings, offering high sensitivity and fast turnaround times. Danaher’s strength lies in its innovation-driven portfolio and strategic acquisitions that enhance its presence in decentralized diagnostics.
QuidelOrtho Corporation specializes in rapid diagnostic testing, particularly for infectious diseases such as influenza, COVID-19, and strep. Known for its lateral flow and molecular point of care testing platforms, the company serves hospitals, clinics, and retail health providers. QuidelOrtho’s merger with Ortho Clinical Diagnostics has expanded its capabilities, making it a strong contender in both acute and chronic disease testing at the point of care.
Bio-Rad Laboratories, Inc. is a notable contributor to the point-of-care testing (point of care testing) market, especially in infectious disease diagnostics. The company supports decentralized healthcare through rapid antibody and antigen detection solutions. Its focus on quality control and assay reliability makes Bio-Rad a trusted partner for clinical laboratories and healthcare providers seeking accurate, near-patient testing capabilities.
18% market share
Collective market share in 2024 is 60%
Point of Care Testing Industry News
The point of care testing market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 - 2034 for the following segments:
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Market, By Product
Market, By Technology
Market, By Prescription
Market, By Application
Market, By End Use
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →