Point of Care Diagnostics Market Forecasts Growth from $20.63B (2026) to $31.46B by 2031, Profiling QuidelOrtho, Sysmex, HemoCue, Trinity Biotech & 15 Other Key Players
Dublin, Sept. 16, 2026 (GLOBE NEWSWIRE) -- "Point of Care Diagnostics Market by Product, Purchase Mode, Technology, Sample, End User - Global Forecast to 2031" has been added to ResearchAndMarkets.com's offering.
The global point-of-care diagnostics market is projected to reach USD 31.46 billion by 2031, up from USD 20.63 billion in 2026, representing a compound annual growth rate of 8.8%. Market expansion is being supported by continuous technological advances and rising demand for rapid, accurate and decentralized diagnostic testing across hospitals, clinical laboratories, emergency departments, ambulatory care facilities, physician offices, retail clinics, pharmacies and home healthcare settings.
Biochemistry technology accounts for the largest share of the point-of-care diagnostics market. Its leadership reflects widespread use in blood glucose monitoring, blood gas and electrolyte analysis, cholesterol testing and other routine diagnostic applications. Broad clinical utility, cost-effectiveness and rapid result delivery continue to make biochemistry a preferred technology for high-volume point-of-care testing.
Molecular diagnostics is expected to record the fastest growth during the forecast period. Adoption is increasing for rapid PCR-based platforms used in infectious disease detection, antimicrobial resistance testing and outbreak preparedness. Innovation across immunoassays, molecular platforms, microfluidics, multiplex testing and portable analyzers is improving diagnostic accuracy, shortening turnaround times and extending testing beyond conventional laboratories. Advances in biosensors, artificial intelligence-enabled diagnostics and smartphone-integrated testing solutions are also supporting next-generation point-of-care diagnostic adoption.
Key Market Segment Insights
North America Leads the Global Point-of-Care Diagnostics Market
North America accounts for the largest regional market share, supported by advanced healthcare infrastructure, strong reimbursement frameworks and widespread adoption of decentralized diagnostics. Hospitals, clinical laboratories, physician offices, urgent care centers, retail clinics and pharmacies across the region routinely use point-of-care diagnostics to detect and manage infectious diseases, diabetes, cardiovascular disorders and respiratory conditions.
High healthcare expenditure, favorable regulatory support and the presence of leading diagnostic manufacturers have accelerated adoption in the United States and Canada. The growing focus on early diagnosis, improved patient outcomes and lower healthcare costs through near-patient testing is expected to sustain North America's market leadership.
Competitive Landscape
Prominent companies operating in the global point-of-care diagnostics market include Abbott Laboratories (US), F. Hoffmann-La Roche Ltd. (Switzerland), Danaher Corporation (US), Siemens Healthineers AG (Germany), QuidelOrtho Corporation (US), bioMerieux SA (France), Werfen S.A. (Spain), Becton, Dickinson and Company (US), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific Inc. (US), OraSure Technologies, Inc. (US), EKE Diagnostics (China), Trinity Biotech plc (Ireland), Grifols S.A. (Spain), Nova Biomedical Corporation (US), Sekisui Diagnostics, LLC (US), Trividia Health, Inc. (US), Sysmex Corporation (Japan), HemoCue AB (Sweden) and Bio-Rad Laboratories, Inc. (US), among others.
The competitive assessment examines market shares, growth plans, product portfolios, capabilities, company profiles, recent developments and strategic initiatives. It also reviews product launches, anticipated technology trends, investments and market expansion activities shaping competition worldwide.
Research Coverage
The report evaluates the point-of-care diagnostics market and estimates its size and growth potential by product, technology, sample, mode of purchase, end user and region. It provides analysis of established and emerging markets, competitive positioning, product enhancements, innovation pipelines, market diversification and investment activity.
Primary supply-side respondents represented a cross-section of companies, seniority levels and geographic markets:
Point-of-Care Diagnostics Market Dynamics
Reasons to Purchase the Report
The report provides market leaders and new entrants with revenue estimates for the overall point-of-care diagnostics market and its subsegments. Stakeholders can use the findings to evaluate market dynamics, identify growth opportunities, understand competitive pressures and develop effective go-to-market strategies. The research also supports product planning, geographic expansion, portfolio diversification and assessment of the growth strategies, offerings and capacities of major competitors.
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Market Dynamics
Company Profiles
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