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The Europe Point-of-care testing (POCT) market size is forecast to increase by USD 6.75 billion at a CAGR of 8.38% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. One of the primary factors is the increasing prevalence of chronic diseases such as HIV and the need for rapid diagnostic management. Additionally, the Ebola virus disease outbreak highlighted the importance of POCT devices for quick and accurate diagnosis in healthcare settings. Another trend influencing the market is the shift towards personalized medicine, which requires more frequent and timely testing. Furthermore, clinical laboratories are increasingly adopting POC kits to reduce turnaround times and improve patient care. However, the market also faces challenges, including product recalls and regulatory compliance. To stay competitive, market participants must focus on innovation and ensuring the quality and safety of their POCT devices.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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