Point of Care (POC) Analyzers Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Point of Care (POC) Analyzers Market Report Overview
The POC analyzers market size was $162.2 million in 2023 and will grow at a CAGR of more than 6% during 2023-2033. Primarily, the adoption of POC PCR systems is increasing as they are generally viewed as being fast, effective, and reliable with modern technical functionalities, which will drive market growth during the forecast period.
Point of Care Analyzers Market Outlook 2023-2033 ($ Million)
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The POC analyzers market research report identifies quantitative market trends within in-vitro diagnostics therapeutic areas. The report offers regional quantitative and qualitative data highlighting the sales in major markets. The model also covers in detail the effects of COVID-19 on the POC analyzers market for 2020 and beyond. Furthermore, the report provides POC analyzers’ market share by company that will help in identifying untapped market opportunities.
Market Size (2023) | $162.2 Million |
CAGR (2023-2033) | >6% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments | · POC Hand Held Hematology Analyzers
· POC Immunochemistry Analyzers · POC PCR Systems |
Key Regions | · Asia-Pacific
· Europe · Middle East and Africa · North America · South and Central America |
Key Companies | · Abbott Laboratories
· F. Hoffmann-La Roche Ltd · Danaher Corp · Siemens Healthineers AG · Hologic Inc |
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Point of Care Analyzers Market Segments
The key segments of the POC analyzers market are POC handheld hematology analyzers, POC immunochemistry analyzers, and POC PCR systems. In 2023, POC handheld hematology analyzers dominated the market share. It consists of small sizes and hand-held devices that are used to perform tests related to blood and blood components.
Point of Care Analyzers Market Analysis by Segments, 2023 (%)
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Regional Analysis of POC Analyzers Market
The key regions in the POC analyzers market are Asia-Pacific, Europe, the Middle East, and Africa, North America, and South and Central America. In 2023, North America accounted for the highest market share. The rise in the prevalence of cancer cases, increased incidence of multiple infectious diseases, and a growing preference amongst physicians for precision medicine will fuel the market growth in the region.
Point of Care Analyzers Market Analysis by Regions, 2023 (%)
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POC Analyzers Market – Competitive Landscape
In 2023, Abbott Laboratories had the highest POC analyzer market share.
The major players in the POC analyzers market are:
- Abbott Laboratories
- F. Hoffmann-La Roche Ltd
- Danaher Corp
- Siemens Healthineers AG
- Hologic Inc
Point of Care (POC) Analyzers Market Analysis by Companies, 2023 (%)
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Point of Care Analyzers Market Dynamics
- Drivers: POC PCR systems are used to screen numerous different sample types for infectious diseases including suspected infection cases, pregnant women, semen donations, whole blood donations, and source plasma donations. This means that the market is relatively robust as it is not dependent on only one disease indication, which will support the market growth in the coming years.
- Barriers: A stringent regulatory framework for approval of new medical devices will negatively impact the market growth during the forecast period.
- Future Outlook: The market for hematology point-of-care devices is expected to grow. Owing to this, POC testing will see higher adoption rates in specific testing situations including epidemics and rural area testing. Significantly, as technology improves such as wireless, Wi-Fi, and, Bluetooth connectivity for POC analyzers data management will play a crucial role in the adoption of POC testing.
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Point of Care (POC) Analyzers Segment Outlook ($ Billion, 2015-2033)
- POC Hand Held Hematology Analyzers
- POC Immunochemistry Analyzers
- POC PCR Systems
Point of Care (POC) Analyzers Regional Outlook ($ Billion, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are:
The POC analyzers market research report includes an insightful review of the key industry trends.
- The POC analyzers market report offers an annualized market revenue by segment and market outlooks from 2015-2033.
- The report also includes market-level data on units, average selling prices, and market values.
Regional, country, and global POC analyzers market insights:
- The POC analyzers market share report offers qualitative insights on global and regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- POC analyzers market SWOT analysis.
- The report provides trends and POC analyzers market competitive dynamics.
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Learn about consumer behavior through the detailed overview of segments and the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. These syndicated models include demand and supply-side primary sources including Key opinion leaders. In addition, determine market trends through real-world data sources including databases of government procedures and hospital purchasing.
Companies covered: F. Hoffmann-La Roche Ltd, Abbott Laboratories, Danaher Corp, Siemens Healthineers AG, Hologic Inc, EKF Diagnostics Holdings Plc, Quidelortho Corp, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
- Extensive coverage of the infusion pump market under development.
- An exhaustive list of major pipeline products and their details, including product description, licensing and collaboration details, and other developmental activities.
- Reviews of major players involved in the development of the POC analyzers market and lists all their pipeline projects.
- Coverage of pipeline products based on various stages of development ranging from early development to approved/issued stage.
- Key clinical trial data of ongoing clinical trials specific to pipeline products.
- Recent developments in the segment/industry.
Reasons to Buy
- Understand the COVID-19 impact on POC analyzers.
- Design your licensing strategies through a review of products, technologies, and companies with the most robust pipeline.
- develop business strategies by understanding the trends shaping and driving POC analyzers.
- understand the trends, innovative product launches, technologies, segments, and companies that will impact the market in the future.
- formulate effective sales and marketing strategies with a detailed evaluation of POC analyzers’ market share by company. identify strong competitors and create winning strategies to stand out in the global POC analyzers market.
- track regional POC analyzers market sales as well as country-specific transactions from 2015-2033.
- organize your sales and marketing efforts by identifying the global POC analyzer market segments that present maximum opportunities. such details will help to make investments and strategic partnerships.
Abbott Laboratories
Danaher Corp
Siemens Healthineers AG
Hologic Inc
EKF Diagnostics Holdings Plc
Quidelortho Corp
Frequently asked questions
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What was the point of care analyzers market size in 2023?
The Point of Care (POC) Analyzers market size was $162.2 million in 2023.
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What will the CAGR of the point of care analyzers market be during 2023-2033?
The point of care analyzers will grow at a CAGR of more than 6% during 2023-2033.
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Which was the key segment in the point of care analyzers market in 2023?
The key segment of the point of care analyzers market was the POC hand held hematology analyzers in 2023.
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Which region held the largest share of the point of care (POC) analyzers market in 2023?
North America was the largest regional market for point of care (POC) analyzers in 2023.
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Which are the leading players in the point of care (POC) analyzers market?
The leading point of care (POC) analyzers market companies are Abbott Laboratories, F. Hoffmann-La Roche Ltd, Danaher Corp, Siemens Healthineers AG, and Hologic Inc. among others.
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