Updated
Updated · Yahoo Finance · Aug 24
Point-of-Care Diagnostics Market to Reach $31.46 Billion by 2031 as Home Testing Expands
Updated
Updated · Yahoo Finance · Aug 24

Point-of-Care Diagnostics Market to Reach $31.46 Billion by 2031 as Home Testing Expands

1 articles · Updated · Yahoo Finance · Aug 24

Summary

  • $31.46 billion is the projected size of the global point-of-care diagnostics market in 2031, up from $20.63 billion in 2026, implying an 8.8% annual growth rate.
  • MarketsandMarkets said demand is being driven by rising chronic and infectious disease burdens, which require faster, more frequent testing for diagnosis, monitoring and treatment decisions.
  • Home care and self-testing are expected to be the fastest-growing end-user segment as decentralized healthcare spreads and portable devices add digital connectivity features.
  • Glucose monitoring remains the largest product segment, hospitals and urgent-care settings are still the biggest end users, and Asia Pacific offers the largest regional growth opportunity.

Insights

Will AI-powered portable diagnostics completely eliminate the need for traditional hospital laboratories by 2031?
As diagnostic power shifts to smartphones, are we risking a hidden wave of dangerous home misdiagnoses?
Could the booming at-home testing market secretly compromise your most sensitive medical data?