The Future of Rapid Testing: Trends in Point of Care Diagnostics

The global point-of-care diagnostics market, valued at $49.7 billion in 2023, is projected to reach $77.8 billion by 2028, growing at a CAGR of 9.4%. Key drivers include the rising prevalence of infectious diseases like influenza, HIV, and tuberculosis, supportive government policies, and the shift towards healthcare decentralization. Challenges include pricing pressures due to reimbursement cuts...

Point of Care Diagnostics Industry – Forthcoming Market Trends

The global point-of-care diagnostics market is expected to reach USD 77.8 billion by 2028 from an estimated USD 49.7 billion in 2023, at a CAGR of 9.4% from 2023 to 2028. Key Growth Influencing Factors: Technological Advancements Expansion of Test Menu Personalized Medicine and Precision Diagnostics Integration with Telehealth and Remote Monitoring Point-of-Care Testing in Non-Traditional...