Point-Of-Care Molecular Diagnostics Market Upcoming Trends and Analysis Report 2023 to 2033 | FMI
The point-of-care molecular diagnostics market is expected to be worth US$ 4.4 billion in 2023, rising to US$ 11.1 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 9.7%. Many current point-of-care diagnostics are based on lateral flow immunoassay technology, and these instruments use antibodies to detect the presence of an analyte, such as cancer biomarkers, in a short period of time, thereby accelerating the growth of the point-of-care molecular diagnostics market. According to the point-of-care molecular diagnostics market report, the growing trend toward preventive medicine is driving up demand for point-of-care molecular diagnostics. This is expected to significantly influence future trends in point-of-care molecular diagnostics. According to UN data, the number of older adults has been steadily increasing for decades. As a result of this demographic shift, the prevalence of various chronic diseases is increasing, making point-of-care ...