The Global point-of-care testing market is expected to reach USD 38.2 billion by 2024 from USD 18.5 billion in 2016, growing at a CAGR of 9.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Point of care testing (POCT) helps in the rapid performance of diagnostic tests despite patient being at the point of care facility. This helps in obtaining the results immediately rather than waiting for hours or even days outside the laboratory. POCT has become significant part of patient care at various health care facilities. Point-of-care testing includes glucometer, lipid analysers, coagulation analysers, and hematology analysers among others. These tests are planned so that they can be used near the site of patients’ location which does not require permanent space and can be performed in non-laboratory settings such as in the physician’s office, ambulance, home, field, and hospital.
The global point-of-care testing market is segmented on the basis of product, prescription mode, distribution channel, end user and geography.

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On the basis of product the market is segmented into 13 major segments which includes blood glucose testing kits, cardiometabolic monitoring kits, infectious disease testing kits, cholesterol testing kits, pregnancy and fertility tests kits, tumor/cancer markers, urinalysis testing kits, cholesterol test strips, hematology testing kits, drugs of abuse testing kits, fecal occult testing kits, rapid coagulation testing kits, and others.

Cardiometabolic Monitoring Kits are further segmented into cardiac markers, blood gas/electrolytes testing kits, HbA1c testing kits, and lipids testing. Also, infectious disease testing kits are further segmented into influenza testing kits, HIV testing kits, hepatitis C testing kits, sexually-transmitted diseases testing kits, tropical diseases testing kits, healthcare-associated infections), respiratory infections testing kits, others. Cholesterol testing kits are further divided into prothrombin time testing kits and activated clotting time testing kit.

Based on prescription mode, the global point-of-care testing market is segmented into prescription based testing and over-the-counter (OTC) testing. The OTC testing is projected to witness higher growth during the forecast period.

On the basis of distribution channel, the market is segmented into direct tenders and retail. In 2017, the direct tender market is expected to dominate the market.

On the basis of end users, the market is segmented into hospital, clinics, ambulatory care, home healthcare, and research laboratory. Hospital segment is further categorized into emergency department critical-care unit, general ward, and others (intensive care unit, neo-natal). Also, clinic is segmented into physicians’ clinic and diagnostic clinic.

Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

Some of the major players operating in this market are
• Abbott Laboratories, Inc.
• Roche Diagnostics Limited
• Siemens AG
• Beckman Coulter, Inc.
• Becton, Dickinson and Company
• Johnson & Johnson
• Alere Inc., Instrumentation Laboratory
• PTS Diagnostics
• Abaxis, Inc.
• Medtronic
• Accriva Diagnostics
• Opti Medical
• Sienco, Inc.
• AccuBioTech Co., Ltd.
• ACON Laboratories, Inc.
• Acrongenomics
• bioMérieux
• Biomerica, Inc.
• Atlas Genetics Ltd.
• Alfa Scientific Designs, Inc.
• Bio-Rad Laboratories, Inc.
• Medica Corporation
• Nova Biomedical

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