North America Point of Care Diagnostics Market Major Manufacturers, Trends, Demand, Share Analysis to 2028

 

Market Introduction

North America is the largest market for point of care diagnostics. The region includes US, Canada, and Mexico. The growth of the North America market is characterized by the growing prevalence of infectious diseases, government support for advanced diagnostics kits and instruments, and increasing efforts in R&D activities undertaken by the market players operating in the market. In addition, technological advancements in the diagnosis industry is likely to be a major growth stimulator for the point of care diagnostics market in North America. In US, Centers for Medicare and Medicaid Services (CMS) directs Medicare, which is a federal program for adults aged above 65 and people with disabilities, and it works along with state governments. CMS maintain both Medicaid and the Children’s Health Insurance Program (CHIP), an assembly of federal-state programs for various low-income people. Medicare delivers coverage for physician services, hospitalization, and a voluntary supplementary program, prescription drugs. Additionally, the presence of top revenue-generating medical device companies that can invest a significant amount in R&D supports the market growth as these companies manufacture innovative medical devices

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North America Point of Care Diagnostics Market Overview

The North America Point of Care Diagnostics Market is witnessing substantial growth driven by advancements in healthcare technology, increased demand for rapid diagnostic solutions, and the growing burden of chronic diseases. Point of care (POC) testing allows healthcare providers to perform diagnostic tests at or near the site of patient care, enabling quicker clinical decision-making and improved patient outcomes. The convenience and speed of these diagnostics are transforming the healthcare landscape across the region.

One of the major driving forces behind the expansion of the North America Point of Care Diagnostics Market is the rising prevalence of conditions such as diabetes, cardiovascular diseases, and infectious diseases. These health challenges require timely and efficient diagnostic methods, which are often better managed through point of care testing. Moreover, the aging population in North America further contributes to the increased need for accessible and rapid diagnostic tools, especially in remote or underserved areas.

The COVID-19 pandemic has also significantly influenced the North America Point of Care Diagnostics Market, accelerating the adoption of decentralized diagnostic testing. Rapid antigen and molecular tests played a pivotal role in pandemic response strategies, highlighting the critical importance of POC diagnostics in managing public health emergencies. This experience has laid the groundwork for long-term structural changes in the diagnostic industry, favoring the adoption of compact, user-friendly devices with minimal operational complexity.

Technological advancements are another key factor propelling the North America Point of Care Diagnostics Market forward. The integration of digital health solutions, mobile health (mHealth), and telemedicine with point of care devices has enhanced data collection, analysis, and communication between patients and providers. These developments not only improve test accuracy and reliability but also support real-time monitoring and remote patient management.

The North America Point of Care Diagnostics Market is also being supported by favorable regulatory policies and government initiatives aimed at improving healthcare accessibility and affordability. Initiatives to promote early disease detection, reduce hospital stays, and manage chronic illnesses efficiently are driving demand for POC diagnostic tools across both rural and urban settings.

Despite these positive trends, challenges such as reimbursement issues, quality assurance, and the need for operator training remain potential restraints for the North America Point of Care Diagnostics Market. Addressing these challenges through strategic partnerships, investment in training, and standardization of testing protocols will be crucial to ensure sustainable growth in the coming years.

Market segmentation within the North America Point of Care Diagnostics Market is typically based on product type, end user, and application. Popular segments include glucose monitoring, infectious disease testing, and pregnancy testing, among others. Hospitals, clinics, diagnostic laboratories, and homecare settings represent the primary end users, with home testing kits gaining popularity due to convenience and cost-effectiveness.

In conclusion, the North America Point of Care Diagnostics Market is poised for continued expansion. Driven by technological innovation, demographic shifts, and evolving healthcare needs, this market offers significant opportunities for growth and transformation in the years ahead. As healthcare continues to move toward decentralized, patient-centric models, the North America Point of Care Diagnostics Market will play a central role in shaping the future of diagnostics in the region.

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Abbott

BD

bioMerieux SA

BIO-RAD LABORATORIES INC.

Danaher

F. HOFFMANN-LA ROCHE LTD.

Johnson and Johnson Services, Inc.

Nova Biomedical

Polymer Technology Systems, Inc. (PTS)

Siemens AG

Market Overview and Dynamics

The North America point of care diagnostics market is expected to grow from US$ 16,612.40 million in 2021 to US$ 38,702.11 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028. Various conferences and events are held to make people aware about devices and give overview of the common key principles that should be applied when establishing and maintaining point-of-care testing (POCT) services. Participants in these conferences/events can utilize these learnings to develop a framework for introducing POCT for a specific clinical need relevant to their family practice. In June 2019, SELECTBIO held the Point-of-Care, Biosensors & Mobile Diagnostics conference. The Emerging Trends and Themes in Point-of-Care Diagnostics and Mobile Diagnostics, Commercialization of Microfluidic Devices for Point-of-Care Applications, and Paper-based Analytical Devices for the Diagnosis and Monitoring of Infectious Diseases at the Point of Care were the major topics covered in this conference. So, burgeoning number of conferences and events is expected to escalate the market growth.

Key Market Segments

In terms of product, the glucose monitoring products segment accounted for the largest share of the North America point of care diagnostics market in 2020. In terms of prescription mode, the prescription-based testing segment held a larger market share of the North America point of care diagnostics market in 2020. Further, the professional diagnostic centers segment held a larger share of the North America point of care diagnostics market based on end user in 2020.

North America Point of Care Diagnostics Market

The North America Point of Care (POC) Diagnostics Market has witnessed significant growth over recent years, driven by rising healthcare demands, technological advancements, and a shifting focus towards decentralized healthcare systems. POC diagnostics are medical testing tools used at or near the site of patient care, delivering rapid results and enabling timely clinical decision-making. These diagnostics cover a wide range of testing areas including infectious diseases, glucose monitoring, cardiac markers, pregnancy testing, and hematology, among others. With an emphasis on speed, accuracy, and portability, POC diagnostics are revolutionizing how healthcare is delivered across various settings, including hospitals, clinics, home care, and remote locations.

One of the key drivers of growth in this market is the increasing prevalence of chronic diseases such as diabetes, cardiovascular conditions, and respiratory disorders. These diseases require continuous monitoring and timely intervention, both of which are well-supported by POC testing technologies. For instance, glucose monitoring devices are widely used by individuals with diabetes to manage their blood sugar levels effectively. Similarly, POC tests for cardiac biomarkers play a crucial role in the early detection and management of heart-related emergencies, which can significantly improve patient outcomes when immediate action is taken.

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