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Bundled Payments Solutions Market Growth Potential: How Will Market Size Change Through 2030?
The point of care reader market has experienced substantial expansion in recent years. This market is anticipated to grow from $5.33 billion in 2025 to $5.88 billion in 2026, achieving a compound annual growth rate (CAGR) of 10.3%. The historical increase in market size can be attributed to the rising demand for rapid diagnostic testing in emergency care settings, the growing prevalence of infectious diseases necessitating quick detection tools, the broader implementation of point of care testing in rural healthcare systems, the increasing adoption of glucose monitoring devices for chronic disease management, and the escalating need for cost effective alternatives to centralized laboratory testing.
The point of care reader market size is anticipated to undergo rapid growth in the coming years. It is projected to expand to $8.77 billion by 2030, achieving a compound annual growth rate (CAGR) of 10.5%. This growth during the forecast period is attributable to the increasing integration of AI-enabled diagnostic interpretation in point of care devices, a rising adoption of connected and IoT-enabled diagnostic readers, a growing demand for personalized and home-based healthcare diagnostics, the expansion of preventive healthcare and early disease detection programs, and increased investment in portable molecular and biosensor technologies. Significant trends within this forecast period include the rise of decentralized diagnostics, enabling faster clinical decision-making at the point of care; an increasing adoption of multiplex testing capabilities in portable diagnostic readers; a growing demand for battery-powered and highly portable medical diagnostic devices; the expansion of home-based diagnostic testing, driven by patient self-monitoring trends; and an increasing integration of rapid test cartridges and biosensor-based detection systems in primary care settings.
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Point Of Care Reader Market Expansion Supported By Key Demand Factors
The anticipated expansion of the point-of-care reader market is linked to the rising occurrence of chronic and infectious diseases. These are health conditions impacting individuals for varying periods; chronic conditions encompass long-term ailments like diabetes and cardiovascular disorders, whereas infectious diseases result from agents such as bacteria, viruses, fungi, or parasites and are transmissible between people. The rise in chronic and infectious diseases stems from shifts in lifestyles and urbanization, contributing to poor dietary choices, insufficient physical activity, environmental pollution, and denser populations, all of which elevate the likelihood of developing both persistent and contagious health issues. Point-of-care readers facilitate the management of these diseases through quick and precise diagnostic tests, allowing healthcare providers to monitor conditions and identify infections promptly. An illustrative example, as stated by the US-based Centers for Disease Control and Prevention in May 2025, reveals that chronic obstructive pulmonary disease (COPD) ranked as the fifth primary cause of mortality in the United States during 2023, accounting for 141,733 deaths. For the same year, the age-adjusted prevalence of diagnosed COPD among adults aged 18 years and older was 3.8 percent. Consequently, the expanding incidence of chronic and infectious diseases is fueling the expansion of the point-of-care reader market.
Bundled Payments Solutions Market Segment Outlook: Which Categories Are Expanding The Fastest?
The point of care reader market covered in this report is segmented –
1) By Product Type: Handheld Readers; Bench-top Readers; Portable Readers
2) By Technology: Lateral Flow Assay Readers; Fluorescence Based Readers; Electrochemical Readers; Optical Readers
3) By Application: Infectious Disease Testing; Glucose Monitoring; Cardiometabolic Monitoring; Coagulation Monitoring; Hematology Testing; Other Applications
4) By End User: Hospitals And Clinics; Diagnostic Laboratories; Home Care Settings; Research Institutes
Subsegments:
1) By Handheld Readers: Lateral Flow Assay Handheld Readers; Glucose Monitoring Handheld Readers; Cardiac Marker Handheld Readers; Infectious Disease Handheld Readers; Urinalysis Handheld Readers
2) By Bench-top Readers: Immunoassay Bench-top Readers; Molecular Diagnostic Bench-top Readers; Hematology Bench-top Readers; Clinical Chemistry Bench-top Readers; Coagulation Testing Bench-top Readers
3) By Portable Readers: Battery Operated Portable Readers; Smartphone Integrated Portable Readers; Compact Fluorescence Readers; Portable Polymerase Chain Reaction Readers; Portable Rapid Test Readers
Innovations In Over-The-Counter Continuous Glucose Monitoring Expand Accessibility In Point Of Care Diagnostics
Major companies operating in the point-of-care reader market are focusing on developing advanced solutions, such as over-the-counter continuous glucose biosensors, to improve real-time patient monitoring, expand accessibility to glucose tracking technologies, and support preventive healthcare management. Over-the-counter continuous glucose biosensors are wearable diagnostic devices that continuously measure and display glucose levels without requiring a prescription, enabling users to monitor health conditions conveniently in real time. For instance, in August 2024, DexCom, Inc., a US-based medical device company, announced that the FDA had cleared Stelo, the first over-the-counter glucose biosensor in the United States. It is designed for adults with Type 2 diabetes not using insulin, and the wearable sensor provides continuous glucose insights directly to a smartphone, helping users better understand glucose patterns and lifestyle impacts on their health. The launch marked a significant advancement in accessible point-of-care monitoring technology by enabling broader adoption of continuous glucose monitoring without prescription requirements.
Point Of Care Reader Market Company Landscape And Strategic Competition
Major companies operating in the point of care reader market are F. Hoffmann-La Roche AG; Abbott Laboratories; Siemens Healthineers AG; Danaher Corporation; Becton Dickinson and Company; bioMérieux SA; QuidelOrtho Corporation; Bio-Rad Laboratories Inc.; Werfen S.A.; QIAGEN N.V.; Thermo Fisher Scientific Inc.; Sysmex Corporation; Menarini Diagnostics; OraSure Technologies Inc.; Nova Biomedical Corporation; BÜHLMANN Laboratories AG; Sekisui Diagnostics LLC; EKF Diagnostics Holdings plc; Abingdon Health plc; Axxin Pty Ltd
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Point Of Care Reader Market Geographic Landscape: Which Region Dominates Industry Growth?
North America was the largest region in the point-of-care reader market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the point of care reader market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.