PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1808964
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1808964
The global point-of-care molecular diagnostics market is projected to reach USD 7.09 billion by 2030, from USD 4.30 billion in 2025, with a CAGR of 10.5%. The market is primarily driven by the increasing focus on decentralized testing, which facilitates faster clinical decisions across various care settings. This is especially crucial in resource-limited or remote areas where timely decision-making is vital.
Scope of the Report | |
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Years Considered for the Study | 2024-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD billion) |
Segments | Product & Service, Technology, Sample Type, Application, and End User |
Regions covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Rising R&D investments are further supporting the development of advanced, portable technologies that make molecular testing easier while maintaining reliability. These innovations are helping healthcare providers adopt point-of-care solutions outside traditional laboratory settings.
Assays & kits accounted for the highest growth rate in the point-of-care molecular diagnostics market by product & service.
The point-of-care molecular diagnostics market is classified into assays & kits, instruments & analyzers, and software & services. Assays & kits are expected to be the fastest-growing segment during the forecast period. This growth is fueled by the rising need for quick and precise testing solutions that can be used directly at the point of care. The frequent use and ongoing demand for assay kits across various clinical settings, as well as their growing role in diagnosing diverse conditions, are key factors supporting this trend. As healthcare systems continue to prioritize early detection and decentralized testing, the demand for reliable and easy-to-use molecular assay kits is likely to increase steadily.
Blood is the fastest-growing segment in the point-of-care molecular diagnostics market by sample type.
The point-of-care molecular diagnostics market includes various sample types, such as blood, urine, and others. The blood sample is expected to experience the highest CAGR during the forecast period, driven by its broad use across different diseases and the availability of minimally invasive collection methods. Blood-based molecular tests provide high sensitivity and specificity, making them suitable for detecting a wide range of infectious diseases, including HIV, hepatitis, and sepsis. The increasing demand for rapid diagnostics in critical care settings, where blood is often the preferred sample, further supports this growth. Additionally, technological advancements have improved the efficiency and reliability of blood-based point-of-care testing, promoting its wider adoption.
Asia Pacific exhibits the fastest growth in the point-of-care molecular diagnostics market.
The global market for point-of-care molecular diagnostics is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to experience the fastest growth in this market. This expansion is fueled by increasing healthcare spending, broader access to diagnostic services, and more government efforts to improve early disease detection. Additionally, ongoing investments in healthcare infrastructure and rising awareness of the benefits of point-of-care testing create positive conditions for market growth. The presence of emerging economies like China and India further boosts growth prospects due to their growing focus on enhancing diagnostic capabilities.
The key players in this market are Danaher Corporation (US), bioMerieux (France), F. Hoffmann-La Roche Ltd. (Switzerland), Abbott Laboratories (US), QIAGEN N.V. (Netherlands), QuidelOrtho Corporation (US), Co-Diagnostics, Inc. (US), Biocartis Group NV (Belgium), SD Biosensor, INC. (South Korea), genedrive plc (UK), Binx Health, Inc. (US), Molbio Diagnostics Pvt. Ltd. (India), Genomadix (Canada), Visby Medical, Inc. (US), QuantuMDx Group Ltd. (UK), DetectaChem (US), Labsystems Diagnostics Oy (Finland), Akonni Biosystems, Inc. (US), Ubiquitome Limited (New Zealand), Credo Diagnostics Biomedical Pte. Ltd. (Singapore), OpGen, Inc. (US), Nuclein, LLC (US), Genes2Me (India), Axxin (Australia), and Huwel Lifesciences (India).
This report categorizes the point-of-care molecular diagnostics market by product & service (assay & kits, instruments & analyzers, and software & services), technology (RT-PCR, INAAT, other technologies), sample type (blood samples, urine, and other sample types), application (respiratory diseases, sexually transmitted diseases, hospital-acquired infections, cancer, hepatitis, gastrointestinal disorders, and other applications), end user (physicians' offices/clinics, hospitals, research institutes, and other end users), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The scope of the report includes detailed information about the major factors affecting the growth of the point-of-care molecular diagnostics market, such as drivers, restraints, opportunities, and challenges. A thorough analysis of key industry players has been conducted to provide insights into their business overview, solutions, key strategies, acquisitions, and agreements. The report also covers new product launches and recent developments related to the point-of-care molecular diagnostics market. Additionally, it includes a competitive analysis of upcoming startups within the point-of-care molecular diagnostics market ecosystem.
The report will assist market leaders and new entrants by providing near-accurate estimates of the revenue for the overall point-of-care molecular diagnostics market and its subsegments. It will help stakeholders understand the competitive landscape and gain insights to better position their businesses and develop effective go-to-market strategies. Additionally, the report offers stakeholders an understanding of market dynamics, including key drivers, restraints, opportunities, and challenges.