Point Of Care Diagnostics & Testing Market Outlook and Forecast Report By 2028
Point Of Care Diagnostics & Testing Industry Overview The global point of care diagnostics and testing market size was valued at USD 27.66 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.25% from 2021 to 2028. The market is set to gain momentum in the coming years on account of the increase in funding by multiple sources, the rising prevalence of target diseases, and the need to address the recent outbreak of coronavirus. The growing demand for home healthcare has propelled manufacturers, such as Abbott Laboratories and Roche Diagnostics, to commercialize portable products that are user-friendly, which is also estimated to drive the market. One of the major trends observed in patient care is the decentralization of healthcare, which is expected to offer new growth opportunities to the overall point of care (POC) testing industry. Gather more insights about the market drivers, restrains and growth of the Global Point Of Care Di...