Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us

Download Mobile App




Near-Patient Molecular Diagnostics Forecasted to USD 1 Billion

By LabMedica International staff writers
Posted on 28 Mar 2016
Although currently the sector of point-of-care (POC) and near-patient molecular diagnostic solutions is less than USD 100 million, it is likely to grow to over USD 1 billion by 2020, according to a new healthcare market analysis.

Based on its latest study “The Market and Potential for Molecular Point of Care Diagnostics,” Kalorama Information (New York, NY, USA) said that investment in this test category and the market available in sectors where these tests compete suggest a much larger market. More...
“There’s a large unmet need in the developed world for better testing solutions for upper respiratory infections and sexual health conditions,” said Kalorama editor Bruce Carlson, “and a large unmet need in the developing world for high-burden such as HIV and malaria, with efforts supported by fundraising.”

The major segments analyzed in the report include respiratory tract infections; women’s health and sexual health; high-burden diseases; gastrointestinal (GI), hospital-acquired (HAIs) and bloodstream infections (BSIs); and non-infectious disease testing for pharmacogenetics (PGx), hereditary genetics and cancer. Upper respiratory infections represent a large potential market and one of the most common reasons for patients to seek outpatient care. Complications from respiratory infections in young children and the elderly can also lead to emergency or inpatient care.

Rapid flu testing is a leading application for POC platforms. The first CLIA-waived molecular tests were for influenza and are now available for adoption by the entirety of the US physician office laboratory (POL) and other outpatient testers. Decentralized hospital labs also represent an initial target market. Group A Streptococcus (strep A) and respiratory syncytial virus (RSV) represent the next two leading target markets. Respiratory tract infections projected to develop into significant molecular POC diagnostics markets by 2020 are also included in the report.

In addition to well-developed tests for vaginitis, Group B Streptococcus (GBS) and STIs of Chlamydia (CT), gonorrhea (NG), herpes simplex virus (HSV) and human papillomavirus (HPV) have also been frequently targeted for molecular POC assay development.

POC products for human immunodeficiency virus (HIV), tuberculosis (TB), hepatitis, malaria and other tropical or neglected infectious diseases are expected to find significant markets in the developing world. Sales of infectious disease tests to the developing world are highly dependent upon concessional pricing by vendors; co-financing by international organizations and recipient national governments; and bulk procurement on the regional and national levels. Rapid immunoassay tests for HIV and malaria, for instance, are now sold low prices due to the above conditions as well as market consolidation. This report assumes that cost improvements will be made to molecular options and preferential pricing will be available by vendors.

Kalorama’s report also mentions expected healthcare developments in the developing world relevant to POC testing, such as the decentralization of TB testing and expansion of the global population receiving antiretroviral therapy. Other demand areas of testing projected to develop significantly by 2020 include gastrointestinal, hospital-acquired, and bloodstream infections.

The report provides market sizing and opportunity forecasts for all of these areas.

Related Links:

Kalorama Information
Report: The Market and Potential for Molecular Point-of-Care Diagnostics



Gold Member
Immunochromatographic Assay
CRYPTO Cassette
POC Helicobacter Pylori Test Kit
Hepy Urease Test
Capillary Blood Collection Tube
IMPROMINI M3
Automated MALDI-TOF MS System
EXS 3000
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to LabMedica.com and get access to news and events that shape the world of Clinical Laboratory Medicine.
  • Free digital version edition of LabMedica International sent by email on regular basis
  • Free print version of LabMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of LabMedica International in digital format
  • Free LabMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








Channels

Molecular Diagnostics

view channel
Image: The diagnostic device can tell how deadly brain tumors respond to treatment from a simple blood test (Photo courtesy of UQ)

Diagnostic Device Predicts Treatment Response for Brain Tumors Via Blood Test

Glioblastoma is one of the deadliest forms of brain cancer, largely because doctors have no reliable way to determine whether treatments are working in real time. Assessing therapeutic response currently... Read more

Immunology

view channel
Image: Circulating tumor cells isolated from blood samples could help guide immunotherapy decisions (Photo courtesy of Shutterstock)

Blood Test Identifies Lung Cancer Patients Who Can Benefit from Immunotherapy Drug

Small cell lung cancer (SCLC) is an aggressive disease with limited treatment options, and even newly approved immunotherapies do not benefit all patients. While immunotherapy can extend survival for some,... Read more

Microbiology

view channel
Image: New evidence suggests that imbalances in the gut microbiome may contribute to the onset and progression of MCI and Alzheimer’s disease (Photo courtesy of Adobe Stock)

Comprehensive Review Identifies Gut Microbiome Signatures Associated With Alzheimer’s Disease

Alzheimer’s disease affects approximately 6.7 million people in the United States and nearly 50 million worldwide, yet early cognitive decline remains difficult to characterize. Increasing evidence suggests... Read more

Technology

view channel
Image: Vitestro has shared a detailed visual explanation of its Autonomous Robotic Phlebotomy Device (photo courtesy of Vitestro)

Robotic Technology Unveiled for Automated Diagnostic Blood Draws

Routine diagnostic blood collection is a high‑volume task that can strain staffing and introduce human‑dependent variability, with downstream implications for sample quality and patient experience.... Read more
Copyright © 2000-2026 Globetech Media. All rights reserved.