Global Point-of-Care or Rapid Testing Kit market cagr 14.1%

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Point-of-Care or Rapid Testing Kit Market

Point-of-Care or Rapid Testing Kit Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Point-of-Care or Rapid Testing Kit Market Size and Growth

The Point-of-Care or Rapid Testing Kit market is experiencing significant growth, driven by rising demand for quick diagnostics. The global market size reached approximately $25 billion in 2023 and is projected to expand at a CAGR of over 10% through 2030, propelled by technological advancements and increasing healthcare access.

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Companies Covered

(Covid 19 Impact Covered)

◍ Roche

◍ Abbott

◍ Johnson & Johnson

◍ Siemens Healthcare

◍ Danaher

◍ Ascensia

◍ Bio-Rad Laboratories

◍ BioMerieux

◍ ARKRAY

◍ Nova Biomedical

◍ Trividia Health

◍ Quidel

◍ Accriva

◍ OraSure Technologies

◍ Helena Laboratories

◍ A. Menarini Diagnostics

◍ Abaxis (Zoetis)

The Point-of-Care Testing (POCT) market features established companies like Roche, Abbott, and Siemens, focusing on innovative rapid testing solutions. These firms enhance market growth through R&D, partnerships, and expanding product portfolios. Sales revenue examples include Abbott (~$45 billion), Roche (~$60 billion), and Danaher (~$27 billion), reflecting strong market positions.

◍ Ortho Clinical Diagnostics

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Market Segmentation

By Application

Clinics

Hospitals ◍ Laboratory

Others

By Product

◍ Blood Glucose Testing

◍ Infectious Diseases Testing

◍ Cardiac Markers Testing

◍ Coagulation Testing

◍ Pregnancy and Fertility Testing

◍ Blood Gas/Electrolytes Testing ◍ Urinalysis Testing ◍ Others

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Market Growth

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$ X Billion USD

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