PUBLISHER: The Business Research Company | PRODUCT CODE: 1751077
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751077
Point-of-care (POC) connectivity solutions are technologies and systems that enable the seamless transfer of health data from POC diagnostic devices to healthcare professionals, typically integrating this data into electronic health records (EHRs). These solutions allow for real-time access to patient information, enhancing clinical decision-making and improving patient outcomes.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The primary types of point-of-care connectivity solutions are software and services. Software refers to the applications and platforms that enable medical devices and healthcare information systems to integrate and communicate with each other. These solutions are used in various applications, such as glucose monitoring, coagulation monitoring, electrolyte and blood gas analysis, infectious disease diagnostics, cardio-metabolic monitoring, and others. They are utilized by a range of end users, including hospitals and clinics, diagnostic and specialty centers, and other healthcare facilities.
The point of care connecting solutions market research report is one of a series of new reports from The Business Research Company that provides point of care connecting solutions market statistics, including point of care connecting solutions industry global market size, regional shares, competitors with a point of care connecting solutions market share, detailed point of care connecting solutions market segments, market trends and opportunities, and any further data you may need to thrive in the point of care connecting solutions industry. This point of care connecting solutions market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The point-of-care connectivity solutions market size has grown rapidly in recent years. It will grow from$1.21 billion in 2024 to $1.33 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth during the historic period can be attributed to the increasing demand for real-time patient monitoring, the rise in chronic diseases and the aging population, a growing adoption of telemedicine and remote healthcare, the need for healthcare cost reduction, and the rising regulatory requirements for managing patient data.
The point-of-care connectivity solutions market size is expected to see rapid growth in the next few years. It will grow to$1.96 billion in 2029 at a compound annual growth rate (CAGR) of 10.1%. The growth during the forecast period can be attributed to the growing integration of artificial intelligence in healthcare, an increase in outpatient and homecare settings, a higher demand for personalized healthcare solutions, greater investments in healthcare IT infrastructure, and a rise in the adoption of mobile health applications and wearables. Key trends during the forecast period include the use of advanced data analytics for real-time decision-making, progress in wireless communication technologies, innovations in cloud-based healthcare solutions, and the integration of IoT devices for enhanced patient monitoring, along with the integration of electronic health records with point-of-care systems.
The rising prevalence of diabetes is expected to drive substantial growth in the point-of-care (POC) connectivity solutions market. Diabetes refers to a group of diseases that affect how the body processes blood sugar (glucose), often leading to high blood sugar levels. The increasing prevalence of diabetes is largely due to factors such as excess body fat, which causes insulin resistance, making it harder for the body to regulate blood sugar levels effectively. Point-of-care connectivity solutions play a critical role in managing diabetes by enabling real-time monitoring of patients' health, making it easier for doctors to intervene quickly and for patients to stay on top of their condition. For example, in November 2023, the American Diabetes Association reported that in 2022, approximately 25.5 million people in the U.S. were diagnosed with diabetes, which accounted for 7.6% of the total population. As a result, the rising prevalence of diabetes is driving the growth of the point-of-care connectivity solutions market.
Companies in the point-of-care connectivity solutions market are focusing on advancing digital connectivity solutions to improve data integration, clinical workflows, and real-time decision-making at the point of care. Digital connectivity in POC refers to technology that links diagnostic devices, electronic health records (EHRs), and healthcare systems to facilitate real-time data sharing, integration, and management at the point of care. For example, in May 2022, EKF Diagnostics, a UK-based diagnostics and biotechnology company, launched a middleware connectivity solution for POC analyzers and data management. This flexible software allows for real-time remote management of patient test results, QC data, and analyzer configurations across multiple devices, seamlessly integrating with hospital IT systems, thereby enhancing functionality in hospitals, clinics, and laboratories.
In July 2024, Roche Holding AG, a Switzerland-based pharmaceutical company, acquired LumiraDx, a UK-based medical technology manufacturer, for an undisclosed amount. This acquisition enables Roche to strengthen its position in the point-of-care diagnostics market by integrating LumiraDx's advanced diagnostic platform and digital connectivity solutions into its portfolio. The move enhances Roche's ability to provide rapid testing capabilities, making it a key player in the growing market for point-of-care connectivity solutions.
Major players in the point of care connectivity solutions market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Honeywell International Inc., Siemens Healthineers AG, Koninklijke Philips N.V., Becton Dickinson and Company (BD), GE HealthCare Technologies Inc., TE Connectivity Ltd., Quest Diagnostics Incorporated, VWR International LLC, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Bio-Rad Laboratories Inc., WerfenLife S.A. (Werfen), Radiometer Medical ApS, Nova Biomedical Corporation, LumiraDx Limited, EKF Diagnostics Holdings plc, Abbott Laboratories, Orchard Software Corporation, Citizen Care Health Solutions Inc.
North America was the largest region in the point-of-care connectivity solutions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in point-of-care connectivity solutions report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the point-of-care connectivity solutions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The point-of-care connectivity solutions market consists of revenues earned by entities by providing services such as real-time data monitoring and transmission, remote patient monitoring, and cloud-based connectivity. The market value includes the value of related goods sold by the service provider or included within the service offering. The point-of-care connectivity solutions market includes sales of monitoring devices, wireless patient monitoring systems, integration middleware. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Point of Care Connectivity Solutions Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on point of care connectivity solutions market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for point of care connectivity solutions ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The point of care connectivity solutions market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.