Global Point-Of-Care Molecular Diagnostics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Test Location;

Over-the-Counter (OTC), and PoC.

By End Use;

Decentralized Labs, Hospitals, Homecare, Assisted Living Healthcare Facilities, and Other Uses.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn667324218 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Point-Of-Care Molecular Diagnostics Market (USD Million), 2021 - 2031

In the year 2024, the Global Point-Of-Care Molecular Diagnostics Market was valued at USD 2,927.90 million. The size of this market is expected to increase to USD 6,553.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.2%.

The Global Point-Of-Care Molecular Diagnostics Market is experiencing robust growth, driven by the increasing demand for rapid, accurate, and decentralized diagnostic solutions. Point-of-care (POC) molecular diagnostics involves the use of advanced molecular techniques, such as polymerase chain reaction (PCR) and nucleic acid amplification tests (NAATs), to detect genetic material from pathogens or specific genetic markers directly at or near the site of patient care. This approach significantly reduces the time required for diagnosis, enabling timely clinical decision-making and improving patient outcomes.

A key factor propelling the growth of the POC molecular diagnostics market is the rising prevalence of infectious diseases and the need for rapid and accurate diagnostics to manage outbreaks effectively. Diseases such as COVID-19, influenza, and sexually transmitted infections (STIs) require prompt identification and treatment to control their spread. POC molecular diagnostics provides healthcare providers with the tools to quickly diagnose these infections, facilitating immediate treatment decisions and reducing the burden on centralized laboratories.

Technological advancements in molecular diagnostics have also contributed to market expansion. Innovations in microfluidics, portable instrumentation, and integrated sample-to-answer systems have enhanced the accuracy, efficiency, and user-friendliness of POC molecular diagnostics devices. These technological improvements make it feasible to deploy these systems in various settings, including primary care clinics, emergency departments, rural healthcare facilities, and even in-home care scenarios, thereby expanding access to high-quality diagnostic testing.

The growing emphasis on personalized medicine and precision healthcare is driving the adoption of POC molecular diagnostics. By enabling the rapid identification of genetic mutations and biomarkers associated with various diseases, POC molecular diagnostics supports personalized treatment plans tailored to the specific needs of individual patients. This approach is particularly valuable in oncology, where timely and precise genetic information can guide targeted therapies and improve patient outcomes.

The Global Point-Of-Care Molecular Diagnostics Market is poised for continued growth, driven by the increasing demand for rapid diagnostic solutions, technological advancements, and the expanding scope of applications. By providing immediate and reliable diagnostic results, POC molecular diagnostics is playing a crucial role in improving patient care, enhancing healthcare delivery, and addressing public health challenges worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Test Location
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Point-Of-Care Molecular Diagnostics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Infectious Diseases
        2. Technological Advancements in Molecular Diagnostics
        3. Growing Emphasis on Personalized Medicine
        4. Increasing Demand for Rapid and Decentralized Testing
      2. Restraints
        1. High Costs of Point-Of-Care Molecular Diagnostics Devices
        2. Regulatory Challenges and Approval Delays
        3. Limited Awareness and Adoption in Developing Regions
        4. Complexity of Molecular Diagnostic Procedures
      3. Opportunity
        1. Development of Portable and Affordable Diagnostic Devices
        2. Integration with Digital Health and Telemedicine Platforms
        3. Partnerships and Collaborations for Market Expansion
        4. Government Initiatives and Funding for Advanced Diagnostics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Point-Of-Care Molecular Diagnostics Market, By Test Location, 2021 - 2031 (USD Million)
      1. Over-the-Counter (OTC)
      2. PoC
    2. Global Point-Of-Care Molecular Diagnostics Market, By End Use, 2021 - 2031 (USD Million)
      1. Decentralized Labs
      2. Hospitals
      3. Homecare
      4. Assisted Living Healthcare Facilities
      5. Other Uses
    3. Global Point-Of-Care Molecular Diagnostics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Alere Inc (Abbott)
      3. Bayer Healthcare
      4. Roche Diagnostics
      5. Bio-Rad Laboratories
      6. Danaher Corporation
      7. BioMerieux
      8. Dako
      9. Abaxis Inc
  7. Analyst Views
  8. Future Outlook of the Market