Primary Care POC Diagnostics Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Apr 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Primary Care POC Diagnostics market size is expected to be worth around US$ 18.6 billion by 2030, according to a new report by Vision Research Reports.

The global Primary Care POC Diagnostics market size was valued at US$ 16.3 billion in 2020 and is anticipated to grow at a CAGR of 13.5% during forecast period 2021 to 2030.

Growth Factors

Flexible and forward-thinking core molecular labs have been embracing and supporting the use of POC tests to move screening of many common targets to hospital receiving rooms and physicians’ offices.

As per a study conducted by the American Journal of Clinical Pathology in 2014, it was found that POC testing improved clinical operations for manufacturers by reducing follow-up calls and letters of patients by 85.0% and 89.0%, respectively, and reducing their follow-up visits by 61.0%. It was also observed that the number of tests ordered decreased by 21.0%.

Furthermore, rise in the number of tests receiving a waived status under the Clinical Laboratory Improvement Amendments of 1988 (CLIA) is anticipated to aid market growth. Researchers and manufacturers are increasingly recommending these tests owing to cost reduction of about USD 12-15 per patient and reduction in follow up tests by about 50.0%. However, there is a massive overlap between different methods and their areas of usage. For instance, panels to measure glucose and quick international normalized ratio tests were originally meant for self-testing but are now used in hospitals and primary settings instead.

Report Highlights

POCT devices and products include primary care systems, feces testing, Hb1Ac testing, decentralized clinical chemistry, cardiac markers, hematology, fertility, lipid testing, cancer marker, coagulation, drug abuse testing, glucose testing, blood gas/electrolytes, thyroid-stimulating hormone, infectious diseases, and ambulatory chemistry. The rising availability of these devices, ongoing studies on their usage, and continuous technological advancements are expected to drive the primary care POC diagnostics market.

Glucose testing is a major segment within the market. Adoption of self-testing glucose devices plays an important role in controlling glycemic levels regularly, which, in turn, is anticipated to provide positive health outcomes, especially among diabetics.

Lipid testing products are expected to witness strong growth over the forecast period. Commercial availability of several Clinical Laboratory Improvement Amendments of 1988 (CLIA)-waived POC lipid testing products in the market is likely to drive the segment considerably. F. Hoffmann-La Roche Ltd.’s Accutrend Plus system is a significant example of such testing products, which can be effectively employed in physicians’ offices and clinics. Ongoing research studies and support from funding agencies are also expected to boost the segment throughout the forecast period.

A global rise in POCT owing to easy and quick results has radically improved workflow and patient care at physicians’ offices. These tests, supported by the expertise of doctors in quickly assessing the situation and making important medical decisions, deliver improved clinical outcomes. POCT also aids in performing complex tests with low sample volumes compared to those performed in laboratories. Thus, factors such as consumer demand for easy, stress-free, and less time-consuming tests are likely to boost the market for primary care POC diagnostics in physicians’ offices.

The pharmacy and segment is also expected to witness steady growth over the forecast period. An increase in the number of people covered under healthcare plans has resulted in a reduction in healthcare costs and improved access to healthcare. This has led to the availability of POC testing at pharmacies. In the last five years, the number of pharmacists performing laboratory tests such as cholesterol screening and glycosylated hemoglobin (A1C) has increased. Moreover, an increasing number of patients prefer to undergo testing for acute and chronic diseases at pharmacies, thus providing the segment lucrative opportunities for growth.

North America held the largest share in 2016 owing to a substantial number of primary care settings in the U.S. that employ POC products. The presence of major players in the country offering products and services for primary settings has also attributed to the large share of this regional market. The Centers for Medicare & Medicaid Services is urging healthcare providers to initiate patient engagement programs. This, along with the availability of funding for R&D in healthcare by universities and academia, is driving the market.

The North American market is relatively more developed compared to the rest of the world and this can be attributed to the availability of numerous advanced and innovative POC diagnostic solutions. Growing demand for these solutions in primary home healthcare and assisted healthcare settings is also a key growth driver. The introduction of advanced healthcare solutions such as, digitalization, and also works in the market’s favor.

However, Asia Pacific is expected to emerge as a lucrative regional market and is slated to exhibit a stronger growth rate compared to other regions. This can be attributed to an increasing number of firms engaged in capitalizing untapped potential in the region. Moreover, growing awareness among the population about early disease diagnoses to improve patient survival rate is expected to spur the market in the Asia Pacific.

Key Players

Roche Diagnostics, BD Biosciences, Danaher Corporation, Abbott Laboratories, Instrumentation Laboratory, bioMerieux, Siemens Healthcare, and Quidel Corporation.

Market Segmentation

  • Product Outlook 

    • Glucose Testing

    • Hb1Ac Testing

    • Coagulation

    • Fertility

    • Infectious Diseases

    • Cardiac Markers

    • Thyroid Stimulating Hormone

    • Hematology

    • Primary Care Systems

    • Decentralized Clinical Chemistry

    • Feces

    • Lipid Testing

    • Cancer Marker

    • Blood Gas/Electrolytes

    • Ambulatory Chemistry

    • Drug Abuse Testing

    • Urinalysis

  • End-use Outlook 

    • Pharmacy & Retail Clinics

      • Pharmacy & Retail Clinics, By Product

        • Glucose Testing

        • Hb1Ac Testing

        • Coagulation

        • Fertility

        • Infectious Diseases

        • Cardiac Markers

        • Thyroid Stimulating Hormone

        • Hematology

        • Primary Care Systems

        • Decentralized Clinical Chemistry

        • Feces

        • Lipid Testing

        • Cancer Marker

        • Blood Gas/Electrolytes

        • Ambulatory Chemistry

        • Drug Abuse Testing

        • Urinalysis 

    • Physician Office

      • Physician Office, By Product

        • Glucose Testing

        • Hb1Ac Testing

        • Coagulation

        • Fertility

        • Infectious Diseases

        • Cardiac Markers

        • Thyroid Stimulating Hormone

        • Hematology

        • Primary Care Systems

        • Decentralized Clinical Chemistry

        • Feces

        • Lipid Testing

        • Cancer Marker

        • Blood Gas/Electrolytes

        • Ambulatory Chemistry

        • Drug Abuse Testing

        • Urinalysis

    • Urgent Care Clinics

      • Urgent Care Clinics, By Product

        • Glucose Testing

        • Hb1Ac Testing

        • Coagulation

        • Fertility

        • Infectious Diseases

        • Cardiac Markers

        • Thyroid Stimulating Hormone

        • Hematology

        • Primary Care Systems

        • Decentralized Clinical Chemistry

        • Feces

        • Lipid Testing

        • Cancer Marker

        • Blood Gas/Electrolytes

        • Ambulatory Chemistry

        • Drug Abuse Testing

        • Urinalysis

    • Non-practice Clinics

      • Non-practice Clinics, By Product

        • Glucose Testing

        • Hb1Ac Testing

        • Coagulation

        • Fertility

        • Infectious Diseases

        • Cardiac Markers

        • Thyroid Stimulating Hormone

        • Hematology

        • Primary Care Systems

        • Decentralized Clinical Chemistry

        • Feces

        • Lipid Testing

        • Cancer Marker

        • Blood Gas/Electrolytes

        • Ambulatory Chemistry

        • Drug Abuse Testing

        • Urinalysis

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

    • Europe

      • Germany

      • France

      • U.K.

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Korea

      • Australia

      • Singapore

    • Latin America

      • Brazil

      • Mexico

      • Chile

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

      • Nigeria

      • Qatar

      • Kenya

      • Zimbabwe

The Primary Care POC Diagnostics market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Primary Care POC Diagnostics market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Primary Care POC Diagnostics market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Primary Care POC Diagnostics market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Primary Care POC Diagnostics market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Primary Care POC Diagnostics capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Primary Care POC Diagnostics by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Primary Care POC Diagnostics market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Primary Care POC Diagnostics market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Primary Care POC Diagnostics market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Primary Care POC Diagnostics industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Primary Care POC Diagnostics 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 Primary Care POC Diagnostics market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Primary Care POC Diagnostics market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Primary Care POC Diagnostics market. These factors have benefited the growth of the global market for Primary Care POC Diagnostics. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Primary Care POC Diagnostics. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Primary Care POC Diagnostics are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

To strategically profile the key players and comprehensively analyze their growth strategies.


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