There is a rowing need for improved medical facilities around the world. Due to the growing demand, the centralized testing methods are transforming into point-of-care diagnostics. This ensures that the patients are given personalized medical services and medication facilities. Also, this has helped in saving a lot of lives. All the credit goes to the medical industry and majorly to the point-of-care molecular diagnostics companies. With the help of their services, quick medical decisions can be taken. It finally helps in better disease diagnosis, monitoring, and management. This improved version of medical facilities was made possible by the leading point-of-care molecular diagnostics companies. 

Why is the point-of-care molecular diagnostics companies trending? 
Point-of-care molecular diagnostics companies offer methods that can be used for carrying out tests that are performed at a site near to the patient. It can be done in a hospital, clinic, ambulance, field, or physician’s office. Due to this flexibility, POC molecular diagnostics is faster and efficient as compared to traditional testing methods. Its usability has helped in reaching more patients.

POC molecular diagnostics: A global overview of the market
This market is experiencing an elliptical rise in demand. According to the Verified Market Research experts, the market of point-of-care molecular diagnostics companies’ was valued at USD 1.98 billion in 2019. This market is still in its nascent stage but has managed to introduce improved medical services. Its global demand is meteorically rising and its value is projected to reach USD 5.19 billion by 2027. 

This cements the fact that point-of-care molecular diagnostics companies’ market is growing at a CAGR of 12.53% from 2020 to 2027.

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Top 10 point-of-care molecular diagnostics companies
Abbott Laboratories

Abbott Laboratories is an American multinational medical devices and health care company. Abbott is at the forefront of delivering medical innovations that ease the testing procedures. It is one of the top global point-of-care molecular diagnostics companies. It acts a bridge between patients and doctors by offering real-time information. 

AccuBiotech Co. Ltd.

AccuBiotech Co. Ltd. is known for developing, manufacturing and distribution of in-vitro tests and analyzers. Its mission is to offer the best medical products and services globally. Accubiotech is one of the major medical organizations, in the list of point-of-care molecular diagnostics companies, that regularly contributes in building a better society. 

Becton Dickinson and Company 

Becton Dickinson and Company (BD) is an American multinational medical technology company. It is leading the medical sector by improving medical discovery, diagnostics and the delivery of care. BD offers unique and innovative medical solutions, best in the point-of-care molecular diagnostics companies’ market, for helping patients to recover faster. 

Chembio Diagnostics Inc.

Chembio Diagnostics Inc. is an American medical company. It is one of the fastest growing point-of-care molecular diagnostics companies in the world. The company is working on building a state-of-the-art diagnostic facility for the patients. 

Danaher Corporation

Danaher Corporation is a global science and technology innovator committed to helping its customers solve complex challenges and improving quality of life around the world. It drives innovation in the most dynamic industries. Danaher offers medical tools for continuous improvement of patients around the world. Danaher’s meaningful technologies, considered world-class in the listicle of point-of-care molecular diagnostics companies, helping realize life’s potential. 

EKF Diagnostics Holdings

EKF Diagnostics Holdings is a U.K.-based organization that develops and manufactures medical diagnostic products. It builds medical devices that are simple to use and designed to quickly deliver accurate results.

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Werfen

Werfen is a global leader in in vitro diagnostics (IVD). Its state-of-the-art R&D division helps the company in manufacturing and distribution of diagnostic systems for hospitals and clinical laboratories. 

Johnson & Johnson 

Johnson & Johnson is one of the largest and oldest medical organizations in the world. It is also one of the leading founding members of the point-of-care molecular diagnostics companies’ market. The company is dedicated to understanding the medical complexities and works to eliminate those medical hurdles.

Nova Biomedical

Nova Biomedical is using advanced technology to build efficient medical testing devices.  Nova is committed to quality and thus ensures that every product undergoes strict quality checks. Also, the company has set many milestones due to its high-rated medical testing equipment. 

Roche

Roche is one of the oldest companies founded in 1896. The Swiss organization is committed to offer scientific rigour, unassailable ethics, and access to medical innovations.

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