The Biomedical Scientist Suppliers Guide 2020

Page 15

SUPPLIERS GUIDE Point-of-care testing

THE BIOMEDICAL SCIENTIST

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POINT-OF-CARE TESTING Point-of-care testing has been one of the big stories of diagnostics recently. Here, we look at the latest developments.

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number of research and market analysts have published reports on the projected growth of the point-of-care testing (POCT) sector over the next five years. Grand View Research said the global POCT market was valued at $18.09bn in 2018 and expects it to rise to $22.8bn by 2025. Its report states: “Continuous developments in research and development activities to miniaturise molecular and professional

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diagnostic tests is anticipated to drive the demand for the devices. “In addition, improvements in lab automation techniques coupled with introduction of cost-effective and high-quality medical solutions is set to propel the growth.” Other analysts are even more optimistic about growth. For example, Global Market Insights expects the sector value to hit $36.6bn by 2025. It predicts a that the most growth will be in microfluids technology (9.2%), followed by

15/01/2020 11:36


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