| Title | Point of Care and Rapid Diagnostics Market projected to Reach USD 75.5 billion by 2027 |
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| URL | https://www.prnewswire.com/news-releases/point-of-care-rapid-diagnostics-market-worth-75-5-billion-by-2027---exclusive-report-by-marketsandmarkets-30169838 |
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| Category | Fitness Health --> Health Books |
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| Meta Keywords | Point of Care and Rapid Diagnostics Market |
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| Meta Description | Point of Care and Rapid Diagnostics Market Growth, Point of Care and Rapid Diagnostics Industry Trends |
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| Owner | Healthcare101 |
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| Description |
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| Point of Care/ Rapid Diagnostics Market is expected to reach USD 75.5 billion by 2027 from an estimated USD 45.4 billion in 2022, at a CAGR of 10.7% from 2022 to 2027 according to a new report by MarketsandMarkets™. Factors such as increasing incidence of infectious diseases, rising number of CLIA-waived POC tests and supportive government policies, healthcare decentralization and greater investments and funding for new point-of-care testing product development are anticipated to drive the growth of the point-of-care and rapid diagnostics market during the forecast period. However, rising pricing pressure due to the budget constraints, and reimbursement cuts and are expected to hamper the growth of the point-of-care and rapid diagnostics market. |
