Point Of Care Infectious Disease Testing Market
Point of Care (PoC) Infectious Disease Testing Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019–2029, Segmented By Technique (Agglutination Test, Flow-through Test/Immuno-Concentration Assay, Molecular Diagnostics), POC Testing Kits); By Disease (HIV PoC, Clostridium Difficile PoC, HBV PoC, Pneumonia or Streptococcus Associated Infections, Respiratory Syncytial Virus (RSV) PoC, HPV PoC, Influenza/Flu PoC, HCV PoC, MRSA PoC, TB and Drug-Resistant TB PoC, HSV (Herpes Simplex Virus) PoC, Others); By End Use (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
- Published Date: September 2022
- Report ID: BWC22371
- Available Format: PDF
- Page: 400
Report Overview
Increasing incidences of infectious diseases including HIV, influenza, RSV, and pandemics (Covid-19) and epidemics among people across the countries are expected to drive the huge demand for point-of-care testing kits.
Report Overview
Global Point of Care (PoC) Infectious Disease Testing market size was estimated at USD 38.71 billion in 2021. During the forecast period between 2022 and 2028, the size of Global Point of Care (PoC) Infectious Disease Testing market is projected to grow at a CAGR of 11.21% reaching a value of USD 80.87 billion by 2028. The market is expected to pick up speed in the upcoming years as a result of the growth in funding from various sources, the rising frequency of the target diseases, and the requirement to deal with the recent coronavirus outbreak. The ongoing COVID-19 pandemic had a significant influence on the international industry in 2021, and it is anticipated that this effect would continue throughout the projected tenure.
Global Point of Care (PoC) Infectious Disease Testing Market - Overview
Pathogenic microorganisms, such as bacteria, parasites, viruses, and fungi, cause infectious diseases. It may transfer from one person to another directly or inadvertently. Some of the typical signs and symptoms of infectious diseases include fever, muscle aches, diarrhea, and weariness. To find the pathogenic bacteria, numerous laboratory tests, imaging scans, and biopsies are performed. By shortening the time between testing and infection diagnosis, PoC assays for infectious diseases can enhance the identification and management of infectious diseases. PoC testing are now the most effective and efficient method of providing healthcare due to new developments in healthcare, such as healthcare at home.
Global Point of Care (PoC) Infectious Disease Testing Market - Industry Trends & Market Forecast
The global market for PoC infectious disease diagnostics will realize its growth potential because of the miniaturization of PoC testing equipment. Some market trends include the standardization of PoC testing equipment and the acquisition of small businesses. Use of nanotechnology in the diagnosis of infectious diseases attracted significant investments. Despite the enormous efforts made to control infectious diseases, there remains a huge market for affordable, precise, and sensitive PoC solutions. The healthcare sector now has access to a wide range of applications thanks to nanotechnology. The development of PoC platforms based on nanoparticles and nanodevices has received emphasis from several players. A small number of samples in kits created using nanotechnology can be used to diagnose a condition and provide patients with results in real time. As a result, the use of nanotechnology in infectious illness diagnostics yields accurate and timely results.
Growth Drivers
Increasing Prevalence of Infectious and Chronic Diseases
Due to increased rates of chronic diseases and the rise of infectious diseases, the market for point of care diagnostics is anticipated to expand significantly throughout the forecast period. Additionally, the market is anticipated to be driven by the rising popularity of decentralized health systems. Additionally, it is expected that the market would grow during the forecast period due to the adoption of new breakthroughs and technical improvements in the industry by key market players. In the coming years, growth in the PoC diagnostics market is expected because of these factors.
Growing Preference for Decentralized Healthcare System
PoC diagnosis has grown to be an essential component of patient-centric healthcare, because of diverse benefits including rapid turnaround times and the opportunity to make treatment decisions right away. Improvements in patient care have resulted from a preference shift from centralized to decentralized PoC testing for infectious diseases. The market participants’ willingness is driving the industry to offer PoC goods to remote places due to the rising need for quick examinations.
Restraints
Stringent Regulatory Requirements
PoC testing's shortcomings relative to central lab methods and onerous and time-consuming regulatory requirements are the main factors limiting the market's expansion. Accuracy problems at the PoC diagnostic procedures may affect the adoption rate. Most people worldwide who have infectious diseases including HIV, malaria, and tuberculosis live in underdeveloped countries. Lack of clinical expertise and difficult product accessibility brought on by lower per capita spending have resulted in a decline in the use of PoC kits in low- and middle-income countries. It leads to incorrect finding interpretations, which affects the test's accuracy. Consequently, it would impede the market expansion.
Segmental Coverage
Global Point of Care (PoC) Infectious Disease Testing Market - By Technique
Agglutination test, flow-through test/immuno-concentration assay, molecular diagnostics, and others are market segments based on the technique. The lateral flow immunoassay market segment held a major market share. The quicker diagnosis and accessibility of the test kits in decentralized settings are responsible for its leadership. The increasing use of innovations, such as RT-PCR and ELISA in infectious disease PoC testing kits is expected to drive the market by 2028. Additionally, the increase in FDA approvals is going to accelerate the segment's revenue growth. Due to the growing number of market participants working to introduce advanced kits based on the flow-through technique in the international market, the flow-through test/immunoconcentration assay segment is anticipated to expand at a significant CAGR during the forecast period.
Global Point of Care (PoC) Infectious Disease Testing Market - By Disease
HIV, hepatitis B virus, pneumonia/streptococcus related infections, respiratory syncytial virus, influenza, clostridium difficile infections (CDI), hepatitis C virus, MRSA, tuberculosis, and others are the different disease segments in the Global Point of Care (PoC) Infectious Disease Testing market by disease. The burden of underdiagnosis and the rising frequency of infectious diseases around the world have sped up the use of PoC testing kits and boosted industry growth. As influenza is the primary cause of acute respiratory infection, these diagnostic products are being used more frequently for effective illness management. Additionally, it is projected that the increased R&D investments for sophisticated PoC kits in emerging countries will accelerate the expansion of the influenza category.
Global Point of Care (PoC) Infectious Disease Testing Market - By End
User
Hospital bedside, doctor's office lab, urgent care & retail clinics, home & self-testing, nursing homes, and others are the end-user segments in the Global Point of Care (PoC) Infectious Disease Testing market. During the period in analysis, the hospital bedside segment is expected to hold a commanding market share. The rise in hospital stays by patients with infectious diseases is to blame for its domination. The need for infectious disease PoC diagnostics in hospital settings has increased because of this. By the end of the forecast period, the home & self-testing segment is expected to have grown significantly due to the rising preference shift of patients from hospital to home care diagnosis. The urgent care & clinics segment is expected to grow at a higher CAGR during the forecast period due to the increased number of stand-alone urgent care & clinics in developed and emerging countries.
Impact of COVID-19 on Global Point of Care (PoC) Infectious Disease Testing Market
Numerous sectors were impacted by the COVID-19 pandemic in terms of revenue and output. The pandemic has, however, had a favorable effect on the healthcare industry. Due to an increase of COVID-19 cases and a rise in the need for frequent tests, PoC diagnostics were in high demand. Major market firms have introduced innovative items in response to consumer demand during the pandemic. These elements supported the Global Point of Care (PoC) Infectious Disease Testing market expansion during the pandemic period.
Regional Insights
Due to an increase in infectious disease incidences and the frequency of chronic diseases among its population, North America currently holds a disproportionately large part of the global market for PoC diagnostics. Due to advantageous reimbursement policies that are predicted to increase service demand, the regional market growth is anticipated to continue during the period in analysis. The rising production of innovative goods, Europe is forecast to hold the second-highest position in the global market during the projection period. Additionally, rising government R&D investments would fuel the regional market expansion. As more market participants are entering the region and PoC diagnostics kits are being used more frequently, the market in Asia Pacific (APAC) will grow at the fastest rate. Additionally, market participants in the APAC region are investing heavily, which will increase demand for innovative goods. Due to a lack of knowledge about the advantages of PoC diagnostics among the healthcare community, Latin America and the Middle East and Africa made up a significantly smaller portion of the market.
Competitive Landscape
ThermoFisher Scientific Inc., Alere Inc., Calypte Biomedical Corporation, Chembio Diagnostic Systems, Inc., Meridian Bioscience, Inc., MedMira, Inc., Trinity Biotech plc, Sekisui Diagnostics, OraSure Technologies, Inc., and Quidel Corporation are major players in the global PoC infectious disease diagnostics market.
Recent Developments
-
In April 2021, Chembio Diagnostics, Inc., released the quick PoC COVID-19/Flu A&B test. Results of the test are available in 15 minutes.
-
In March 2021, Roche launched the Cobas SARS-CoV-2 Variant Set 1 Test. The test is designed to find COVID-19 variations that are present in the UK, South Africa, and Brazil.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2018–2021 |
Base Year – 2021 |
|
Estimated Year – 2022 |
|
Forecast – 2022–2028 |
|
Facts Covered |
Revenues in USD Billion |
Market Coverage |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Product/Service Segmentation |
By Technique, By Disease, By End Use, By Region |
Key Players |
ThermoFisher Scientific Inc., Alere Inc., Calypte Biomedical Corporation, Chembio Diagnostic Systems, Inc., Meridian Bioscience, Inc., MedMira, Inc., Trinity Biotech plc, Sekisui Diagnostics, OraSure Technologies, Inc., Quidel Corporation. |
By Technique
-
Lateral Flow
-
Agglutination Assays
-
Flow-Through Test
-
Molecular Diagnostics
-
Others
By Disease
-
HIV POC
-
Clostridium difficile POC
-
HBV POC
-
Pneumonia or Streptococcus associated infections
-
Respiratory syncytial virus (RSV) POC
-
HPV POC
-
Influenza/Flu POC
-
HCV POC
-
MRSA POC
-
TB and drug-resistant TB POC
-
HSV (Herpes Simplex Virus) POC
-
Others
By End Use
-
Hospitals
-
Clinics
-
Home
-
Assisted Living Healthcare Facilities
-
Laboratories
-
Others
By Region
-
North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East and Africa
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Point Of Care Infectious Disease Testing Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Advancement/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Point Of Care Infectious Disease Testing Market Overview
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- Lateral Flow
- Agglutination Assays
- Flow-Through Test
- Molecular Diagnostics
- Others
- By Disease
- HIV POC
- Clostridium difficile POC
- HBV POC
- Pneumonia or Streptococcus associated infections
- Respiratory syncytial virus (RSV) POC
- HPV POC
- Influenza/Flu POC
- HCV POC
- MRSA POC
- TB and drug-resistant TB POC
- HSV (Herpes Simplex Virus) POC
- Others
- By End Use
- Hospitals
- Clinics
- Home
- Assisted Living Healthcare Facilities
- Laboratories
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- By Technique
- Market Size & Forecast by Value, 2018–2028
- North America Point Of Care Infectious Disease Testing Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- By Disease
- By End Use
- By Country
- United States
- Canada
- Market Size & Forecast by Value, 2018–2028
- Europe Point Of Care Infectious Disease Testing Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- By Disease
- By End Use
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Market Size & Forecast by Value, 2018–2028
- Asia Pacific Point Of Care Infectious Disease Testing Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- By Disease
- By End Use
- By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Market Size & Forecast by Value, 2018–2028
- Latin America Point Of Care Infectious Disease Testing Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- By Disease
- By End Use
- By Country
- Brazil
- Mexico
- Rest of Latin America
- Market Size & Forecast by Value, 2018–2028
- Middle East & Africa Point Of Care Infectious Disease Testing Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Technique
- By Disease
- By End Use
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Market Size & Forecast by Value, 2018–2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership.)
- Impact of Covid-19 on Global Point Of Care Infectious Disease Testing Market Industry
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- F.Hoffmann-La Roche Ltd
- Thermo Fisher Scientific Inc
- Abbott Laboratories
- Quest Diagnostics Incorporated
- BD Company
- Biomerieux SA
- Cardinal Health Company
- Mesa Biotech
- Cepheid Company
- Trinity Biotech
- Others
- Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List Of Figures
Figure 1: Global Point Of Care Infectious Disease Testing Market Segmentation
Figure 2: Global Point Of Care Infectious Disease Testing Industry Value Chain Analysis
Figure 3: Global Point Of Care Infectious Disease Testing Market Size, By Value (USD Million),2018–2028
Figure 4: Global Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 5: Global Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 6: Global Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 7: Global Point Of Care Infectious Disease Testing Market Share (%), By Region, By Value, 2018–2028
Figure 8: North America Point Of Care Infectious Disease Testing Market Size, By Value (USD Million), 2018–2028
Figure 9: North America Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 10: North America Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 11: North America Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 12: North America Point Of Care Infectious Disease Testing Market Share (%), By Country, By Value, 2018–2028
Figure 13: Europe Point Of Care Infectious Disease Testing Market Size, By Value (USD Million), 2018–2028
Figure 14: Europe Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 15: Europe Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 16: Europe Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 17: Europe Point Of Care Infectious Disease Testing Market Share (%), By Country, By Value, 2018–2028
Figure 18: Asia-Pacific Point Of Care Infectious Disease Testing Market Size, By Value (USD Million), 2018–2028
Figure 19: Asia-Pacific Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 20: Asia-Pacific Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 21: Asia-Pacific Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 22: Asia-Pacific Point Of Care Infectious Disease Testing Market Share (%), By Country, By Value, 2018–2028
Figure 23: Latin America Point Of Care Infectious Disease Testing Market Size, By Value (USD Million), 2018–2028
Figure 24: Latin America Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 25: Latin America Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 26: Latin America Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 27: Latin America Point Of Care Infectious Disease Testing Market Share (%), By Country, By Value, 2018–2028
Figure 28: Middle East & Africa Point Of Care Infectious Disease Testing Market Size, By Value (USD Million),2018–2028
Figure 29: Middle East & Africa Point Of Care Infectious Disease Testing Market Share (%), By Technique, By Value, 2018–2028
Figure 30: Middle East & Africa Point Of Care Infectious Disease Testing Market Share (%), By Disease, By Value, 2018–2028
Figure 31: Middle East & Africa Point Of Care Infectious Disease Testing Market Share (%), By End Use, By Value, 2018–2028
Figure 32: Middle East & Africa Point Of Care Infectious Disease Testing Market Share (%), By Country, By Value, 2018–2028
Figure 33: Global Point Of Care Infectious Disease Testing Market Share Analysis, 2021
List Of Tables
Table 1: Global Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), 2018–2028
Table 2: Global Point Of Care Infectious Disease Testing Market Size, By Disease, By Value (USD Million), 2018–2028
Table 3: Global Point Of Care Infectious Disease Testing Market Size. By End Use, By Value (USD Million), 2018–2028
Table 4: Global Point Of Care Infectious Disease Testing Market Size. By Region, By Value (USD Million), 2018–2028
Table 5: North America Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), 2018–2028
Table 6: North America Point Of Care Infectious Disease Testing Market Size, By Disease, By Value (USD Million), 2018–2028
Table 7: 28 North America Point Of Care Infectious Disease Testing Market Size (USD Million), By End Use, By Value 2018–2028
Table 8: 28 North America Point Of Care Infectious Disease Testing Market Size (USD Million), By Country, By Value 2018–2028
Table 9: Europe Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), By Value 2018–2028
Table 10: Europe Point Of Care Infectious Disease Testing Market Size, By Disease, By Value (USD Million), By Value 2018–2028
Table 11: 40 Europe Point Of Care Infectious Disease Testing Market Size (USD Million), By End Use, By Value 2018–2028
Table 12: 40 Europe Point Of Care Infectious Disease Testing Market Size (USD Million), By Country, By Value 2018–2028
Table 13: Asia-Pacific Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), By Value 2018–2028
Table 14: Asia-Pacific Point Of Care Infectious Disease Testing Market Size (USD Million), By Disease, By Value 2018–2028
Table 15: Asia-Pacific Point Of Care Infectious Disease Testing Market Size (USD Million), By End Use, By Value 2018–2028
Table 16: Asia-Pacific Point Of Care Infectious Disease Testing Market Size (USD Million), By Country, By Value 2018–2028
Table 17: Latin America Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), By Value 2018–2028
Table 18: Latin America Point Of Care Infectious Disease Testing Market Size, By Disease, By Value (USD Million), 2018–2028
Table 19: Latin America Point Of Care Infectious Disease Testing Market Size (USD Million), By End Use, By Value 2018–2028
Table 20: Latin America Point Of Care Infectious Disease Testing Market Size (USD Million), By Country, By Value 2018–2028
Table 21: Middle East & Africa Point Of Care Infectious Disease Testing Market Size, By Technique, By Value (USD Million), 2018–2028
Table 22: Middle East & Africa Point Of Care Infectious Disease Testing Market Size, By Disease, By Value (USD Million), 2018–2028
Table 23: Middle East & Africa Point Of Care Infectious Disease Testing Market Size (USD Million), By End Use, By Value 2018–2028
Table 24: Middle East & Africa Point Of Care Infectious Disease Testing Market Size (USD Million), By Country, By Value 2018–2028
Table 25: List of Key Players and Their Offerings
Table 26: Competitive Benchmarking, by Operating Parameters
Table 27 F.Hoffmann-La Roche Ltd Company Overview
Table 28 F.Hoffmann-La Roche Financial Overview
Table 29 Thermo Fisher Scientific Inc Company Overview
Table 30 Thermo Fisher Scientific Inc Financial Overview
Table 31 Abbott Laboratories Company Overview
Table 32 Abbott Laboratories Financial Overview
Table 33 Quest Diagnostics Incorporated Company Overview
Table 34 Quest Diagnostics Incorporated Financial Overview
Table 35 BD Company Overview
Table 36 BD Financial Overview
Table 37 Biomerieux SA Company Overview
Table 38 Biomerieux SA Financial Overview
Table 39 Cardinal Health Company Overview
Table 40 Cardinal Health Company Financial Overview
Table 41 Mesa Biotech Company Overview
Table 42 Mesa Biotech Financial Overview
Table 43 Cepheid Company Overview
Table 44 Cepheid Company Financial Overview
Table 45 Trinity Biotech Company Overview
Table 46 Trinity Biotech Financial Overview
Market Segmentation
By Technique
- Lateral Flow
- Agglutination Assays
- Flow-Through Test
- Molecular Diagnostics
- Others
By Disease
- HIV POC
- Clostridium difficile POC
- HBV POC
- Pneumonia or Streptococcus associated infections
- Respiratory syncytial virus (RSV) POC
- HPV POC
- Influenza/Flu POC
- HCV POC
- MRSA POC
- TB and drug-resistant TB POC
- HSV (Herpes Simplex Virus) POC
- Others
By End Use
- Hospitals
- Clinics
- Home
- Assisted Living Healthcare Facilities
- Laboratories
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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