Point Of Care Glucose Testing Market

The rising number of diabetics is driving market CAGR for point of care glucose testing. One of the top concerns for healthcare providers to reduce mortality is diabetes management. The Diabetes Research Foundation found that among COVID-19 patients, diabetes doubles the probability of a catastrophic result. PoC glucose testing systems are projected to rise due to rising diabetes awareness, limited healthcare access, a shortage of medical experts, and the greatest global prevalence documented in Asian nations. This presents an opportunity to lessen the financial burden of healthcare while enhancing patient outcomes.

The implementation of supportive regulatory measures to encourage PoC glucose tests is anticipated to influence the industry significantly. For instance, introducing the Clinical Laboratory Improvement Amendments (CLIA) in the United States will increase utilization rates throughout the projected period. Healthcare providers using non-traditional laboratory locations, such as ERs, doctor's offices, pharmacy clinics, health department clinics, and other healthcare institutions, can use CLIA-waived tests. Diabetes is becoming more common worldwide, growing the market's patient base.

Additionally, it is anticipated that the availability of unmet medical needs for diagnosing and managing diabetes and the rise in patient awareness would enhance the need for POC diagnostics. The International Diabetes Federation estimates that 537 million people worldwide will have diabetes by 2021, rising to 643 million by 2030 and 783 million by 2045.

The need for short turn-around testing (STAT) has grown due to the healthcare sector's emphasis on shorter hospital stays, improved acute care, and outlying surgical centers. POC management tools allow patients and healthcare professionals to simply collect, distribute, and maintain specimens to satisfy regulatory obligations. Patient treatment results are improved, and turnaround time is reduced by point-of-care glucose testing. Most PoC testing techniques do not lyse the RBCs and just require a drop or finger stick of blood.

This minimally invasive blood glucose monitoring method eliminates the requirement for a continuous intravenous catheter with a glucose drip attached to its tip and enables real-time bedside glucose monitoring. The emergence of handheld, lightweight, portable devices with increased and extended communication capabilities results from technological advancements. In hospitals and clinical settings worldwide, point-of-care glucose monitoring equipment has emerged as the standard for near-patient glucose monitoring. Point-of-care blood glucose meters utilize whole blood instead of measuring blood glucose using plasma at the bedside. Thus, driving the Point Of Care Glucose Testing market revenue.

The Global Point Of Care Glucose Testing Market Industry is poised for substantial growth, with projections indicating a market size of 3.53 USD Billion in 2024 and an anticipated increase to 6.11 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 5.11% from 2025 to 2035. The increasing prevalence of diabetes, technological advancements, and the rising demand for home healthcare solutions are pivotal factors contributing to this expansion. As the market evolves, it is likely to attract new players and innovations, further enhancing the landscape of glucose testing solutions globally.

The upward trend in global healthcare expenditure plays a crucial role in the Global Point Of Care Glucose Testing Market Industry. As countries allocate more resources to healthcare, the availability and accessibility of diagnostic tools, including glucose testing devices, improve. Increased funding for healthcare infrastructure and technology adoption facilitates the integration of point-of-care testing into routine clinical practice. This trend is particularly evident in emerging economies, where investments in healthcare are expanding rapidly. Consequently, the market is projected to grow significantly, with estimates suggesting it could reach 6.11 USD Billion by 2035, driven by enhanced healthcare spending and the need for efficient diabetes management solutions.

The increasing incidence of diabetes globally is a primary driver of the Global Point Of Care Glucose Testing Market Industry. As of 2024, approximately 537 million adults are living with diabetes, and this figure is projected to rise to 643 million by 2030. This growing population necessitates effective monitoring solutions, thereby propelling demand for point-of-care glucose testing devices. The convenience and rapid results offered by these devices align with the needs of patients and healthcare providers alike, fostering a shift towards decentralized testing. Consequently, the market is expected to reach 3.53 USD Billion in 2024, reflecting the urgent need for accessible diabetes management solutions.

Government initiatives aimed at improving diabetes care and management significantly impact the Global Point Of Care Glucose Testing Market Industry. Various health organizations and governments are implementing programs to promote awareness and provide resources for diabetes management. For example, initiatives that subsidize the cost of glucose testing devices or provide education on diabetes management can enhance accessibility for patients. Such support not only encourages the adoption of point-of-care testing but also fosters a more informed patient population. This proactive approach is likely to contribute to the market's growth trajectory, with expectations of reaching 3.53 USD Billion in 2024 as more individuals gain access to necessary testing tools.

Technological innovations in glucose testing devices significantly influence the Global Point Of Care Glucose Testing Market Industry. Recent advancements include the development of non-invasive glucose monitoring technologies and smart devices that integrate with mobile applications. These innovations enhance user experience and accuracy, making glucose testing more accessible and efficient. For instance, devices that provide real-time data and analytics empower patients to manage their condition proactively. As these technologies continue to evolve, they are likely to attract a broader user base, contributing to the anticipated market growth to 6.11 USD Billion by 2035, with a CAGR of 5.11% from 2025 to 2035.

The shift towards home healthcare is reshaping the Global Point Of Care Glucose Testing Market Industry. Patients increasingly prefer managing their health conditions from the comfort of their homes, driven by the desire for convenience and autonomy. Point-of-care glucose testing devices facilitate this trend by allowing individuals to monitor their blood sugar levels without frequent hospital visits. This demand is further supported by the aging population and the rising prevalence of chronic diseases, which necessitate ongoing monitoring. As a result, the market is poised for substantial growth, with projections indicating a rise to 6.11 USD Billion by 2035, underscoring the importance of home-based healthcare solutions.

By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Point Of Care Glucose Testing market area will dominate this market; rising rates of lifestyle disorders, an increase in product approvals, and an increase in government-led campaigns to promote the use of point-of-care glucose monitoring devices. Modern healthcare infrastructure, a growing desire for in-home care settings, and a strong presence of major market participants are important aspects anticipated to propel market revenue growth.

Further, the major countries studied in the market report are The US, Canada, China, Japan, German, France, the UK, Italy, Spain, India, Australia, South Korea, and Brazil.

Figure 2: POINT OF CARE GLUCOSE TESTING MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe has the second-largest market share for Point Of Care Glucose Testing. Growing consumer awareness of glucose monitoring devices. Furthermore, the German Point Of Care Glucose Testing market dominated, while the UK Point Of Care Glucose Testing market grew fastest in Europe.

From 2023 to 2032, the Asia-Pacific Point Of Care Glucose Testing Market will develop the quickest CAGR Applications of Point Of Care Glucose Testing. Due to the quick expansion of medical facilities, the favorable reimbursement environment, the expanding use of point-of-care glucose testing for personal and professional purposes, the rising incidence of diabetes in APAC nations, and the rising investment in the R&D industry. Furthermore, China's Point Of Care Glucose Testing market had the highest market share. In contrast, the Asia-Pacific region's Point Of Care Glucose Testing market in India was the one that was growing the quickest.

Leading market companies are extensively spending R&D on increasing their product lines, which will help the Point Of Care Glucose Testing market grow even more. Important market developments include contractual agreements, new product releases, acquisitions and mergers, greater investments, and collaboration with other organizations. The Point Of Care Glucose Testing must produce cost-effective merchandise to flourish and thrive in a more competitive and increasing market climate.

Manufacturing locally to reduce operating costs is an effective business strategy manufacturers use in the worldwide Point Of Care Glucose Testing to serve clients and expand the market sector. The Point Of Care Glucose Testing has provided some of the most important benefits recently. Vital and other major competitors in the Point Of Care Glucose Testing market are seeking to improve market demand by investing in R&D efforts.

Vital is altering the way we view health. Healthcare that is accessible, proactive, and preventative is made possible through Vital. They're beginning with a lab testing strategy that is completely disruptive. They are a group of partners who are re-engineering how healthcare is delivered, backed by many years of R&D by top-tier scientists and engineers. Vital is altering the way we view health. Their goals include preventing disease, reducing wellbeing disparities, giving people back control, and empowering healthcare professionals to produce better results.

In July 2023, To enable clinicians to perform tests, make diagnoses, and treat patients in a single visit, Vital Biosciences introduced VitalOne. This ground-breaking point-of-care lab testing platform offers blood testing anywhere.

Haemoglobin, glycated hemoglobin (HbA1c), glucose, and lactate point-of-care (POCT) devices and assays are produced by the international medical producer EKF Diagnostics. Its POC analyzers are made to be used in medical offices, clinics, hospitals, and laboratories to deliver prompt, precise findings at a reasonable cost. For usage in hospital laboratories, the EKF Central Laboratory division produces a wide range of reagents for various automated and semi-automated analyzers. To create customized kits, EKF Contract Manufacturing offers specialized services to the healthcare and diagnostics sectors.

EKF can offer bulk formulation, dispensing, and kitting services as well as advice and assistance on regulatory needs, thanks to US, UK, and Germany facilities. The packaging, IFUs, labeling sourcing, printing, and compilation services provided by EKF are also included. In March 2021, The STAT-Site WB -ketone and glucose portable analyzer, just released by EKF Diagnostics (Cardiff, Wales, UK), was on display at this year's MEDICA, the largest medical trade expo for medical technology, electromedical equipment, laboratory equipment, diagnostics, and pharmaceuticals.