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Title Point of Care Diagnostics Market is Expected to Reach $75.5 billion | MarketsandMarkets
URL https://www.einnews.com/pr_news/644486666/point-of-care-diagnostics-market-is-expected-to-reach-75-5-billion-marketsandmarkets
Category Fitness Health --> Health Articles
Meta Keywords Global Point of Care and Rapid Diagnostics Market
Meta Description Point of Care Diagnostics Market, Global Point of Care and Rapid Diagnostics Market, Point of Care and Rapid Diagnostics Industry, Point of Care and Rapid Diagnostics Market Growth
Owner Healthcare101
Description
Point of Care Diagnostics market in terms of revenue was estimated to be worth $45.4 billion in 2022 and is poised to reach $75.5 billion by 2027, growing at a CAGR of 10.7% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. Growth in this market is largely driven by factors such as the high prevalence of target conditions such as diabetes, cardiovascular diseases, and infectious diseases, and growing government policies, the shortage of skilled laboratory technicians, and the rising number of CLIA-waived POC tests.