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The Point of Care Lipid Test Market size was estimated USD 305.53 million in 2023 and is expected to reach USD 444.36 million by 2032 at a CAGR of 4.25% during the forecast period of 2024-2032.
Point of care lipid test are medical tests that help in the diagnosis of a condition in the human body at a precise moment. The point of care testing help to provide real-time results in minutes. As a result, a point of care (POC) lipid test is conducted to evaluate the lipid's activity in the cells. When cholesterol levels rise, the body's lipid function is disrupted, leading to significant ailments such as heart attack and coronary artery disease.
DRIVERS
A point-of-care (PoC) cholesterol test is gaining interest in the treatment of liver and kidney disorders.
Rising cases of chronic diseases such as liver and kidney disorders, as well as diabetes, are likely to drive the global point of care (PoC) lipid test market during the forecast period. Cardiovascular disease (CVD) is the major cause of death in chronic renal disease patients. One of the most prominent pathophysiological causes for CVD in CKD patients is the widespread and probably enhanced production of atherosclerotic plaques due to hyperlipidemia, uremic toxins, inflammation, and endothelial dysfunction. Chronic kidney disease (CKD) affects more than one out of every seven adults in the United States, or over 37 million people, according to the US Department of Health and Human Services. These are the variables that drive market expansion.
RESTRAINT
In some regions, there are no reimbursement policies for POC lipid tests.
In emerging economies, product availability is limited.
Issues with quality control linked with POC lipid testing devices.
OPPORTUNITY
Partnerships between diagnostic businesses and healthcare providers for efficient point-of-care testing.
Creation of novel POC lipid test technology with expanded capabilities.
Increasing need for technological advances
Rising need for technical developments that improve speed, accuracy, and usability, as well as rising market penetration rates for technologies such as self-testing handheld devices, are likely to fuel demand. Polymer Technology Systems Inc., for example, developed the CardioChek Plus analyzer in 2013, an upgraded version of their point-of-care multi-analyte device. Sedentary and unhealthy lifestyle choices are likely to supply manufacturers with a growing customer base.
CHALLENGES
High price
The rising cost of point-of-care (POC) cholesterol diagnostics will restrain market expansion. It has an additional cost of $2500.00. Furthermore, a lack of lab services in rural areas, particularly in developing countries, would stymie market growth. The scarcity of trained personnel in these domains would further hinder market growth prospects.
The war has significantly increased psychological pain and distress. According to health care professionals around the country, the most common request right now is for help with sleeplessness, anxiety, mourning, and psychological distress. WHO has increased staff and repurposed infrastructure, particularly the logistics system, in response to changing health demands in Ukraine. This has allowed for the delivery of over 543 metric tonnes of medical supplies and equipment to the country, which are being distributed mostly in the east, south, and northern oblasts where the need is highest. Among the materials sent are trauma surgical supplies, ambulances, Ukrainian-made ventilators that can continue to work even when power is down, electric generators, and oxygen equipment, including the construction of oxygen plants.
IMPACT OF ONGOING RECESSION
Three years after the pandemic immobilized the world, its aftermath continues to send the world into a frenzy as the recession siren becomes louder with each passing day. Several businesses, particularly scientific research, are concerned about the current recession warning. The pandemic has reduced the number of new programs and shifted financing to virology and vaccine development. This has a negative impact on research outside of the field of virology and life sciences in general. With several countries in recession, economists forecast a slight recession this year as economic uncertainty grows. Despite the promise of a surge in research funding in 2023, the scientific community is concerned about the consequences of the recession on research financing.
By Product Type
Devices
Consumables
By Application
Endogenous Hyperlipemia
Combined Hyperlipidemia
Familial Hypercholesterolemia
Others
By End User
Hospitals and Clinics
Diagnostic Laboratories
Others
North America held a significant market share in 2023 due to Rising R&D investments and brisk private funding for healthcare infrastructure development are propelling the industry forward. Furthermore, various market competitors are concentrating on developing testing solutions that will provide early results, thereby improving the regional market picture. In May 2023, Sensible Diagnostics, a Los Angeles-based startup, produced a tiny, low-cost sample-to-answer system that can do PCR in 10 minutes, along with economical test cartridges, with the initial focus on infectious disease testing at the point of care.
Asia-Pacific is witness to expand fastest CAGR rate during the forecast period owing to the region's aging population and the increased need for point-of-care testing devices for patients. Furthermore, the region's rising chronic illness burden, combined with the increased emphasis of significant corporations in emerging markets such as China, Japan, and others, is increasing demand for and adoption of point-of-care (PoC) cholesterol test devices.
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REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Abbott Laboratories,Nova Biomedical Corporation, Menarini Group, Sinocare Inc.,Zoetis Inc.,Callegari, VivaChek Biotech (Hangzhou) Co.,Ltd, F. Hoffmann-La Roche Ltd,Biosensor,Inc., Mico Bio Med and Others.
In July 2023, Vital Biosciences introduced VitalOne, a new point-of-care lab testing technology that allows clinicians to conduct tests, diagnose patients, and treat them all in a single visit.
In January 2022, in regions where the CE Mark is accepted, Roche launched the Cobas pulse system, which combines professional blood glucose control with mobile digital medical capabilities to improve patient care.
| Report Attributes | Details |
| Market Size in 2023 | US$ 305.53 million |
| Market Size by 2032 | US$ 444.36 million |
| CAGR | CAGR of 4.25% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | By Product Type [Devices, Consumables],By Application [Endogenous Hyperlipemia, Combined Hyperlipidemia, Familial Hypercholesterolemia, Others],By End User [Hospitals and Clinics, Diagnostic Laboratories, Others] |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Abbott Laboratories,Nova Biomedical Corporation, Menarini Group, Sinocare Inc.,Zoetis Inc.,Callegari, VivaChek Biotech (Hangzhou) Co.,Ltd, F. Hoffmann-La Roche Ltd,Biosensor,Inc., Mico Bio Med |
| Key Drivers | • A point-of-care (PoC) cholesterol test is gaining interest in the treatment of liver and kidney disorders. |
| Market Restrain | • In some regions, there are no reimbursement policies for POC lipid tests. • In emerging economies, product availability is limited. • Issues with quality control linked with POC lipid testing devices. |
Ans: Point of Care Lipid Test Market is anticipated to expand by 4.25% from 2024 to 2032.
Ans: The expected growth rate of Care Lipid Test Market is USD 444.36 million by 2032.
Ans: Point of Care Lipid Test Market size was valued at USD 305.53 million in 2023.
Ans: North America is dominating the market of Point of Care Lipid Test Market.
Ans: Partnerships between diagnostic businesses and healthcare providers for efficient point-of-care testing.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Point of Care Lipid Test Market Segmentation, By Product Type
9.1 Introduction
9.3 Devices
9.4 Consumables
10. Point of Care Lipid Test Market Segmentation, By Application
10.2 Trend Analysis
10.3 Endogenous Hyperlipemia
10.4 Combined Hyperlipidemia
10.5 Familial Hypercholesterolemia
11. Point of Care Lipid Test Market Segmentation, By End User
11.1 Introduction
11.3 Hospitals and Clinics
11.4 Diagnostic Laboratories
11.5 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Point of Care Lipid Test Market by Country
12.2.3 North America Point of Care Lipid Test Market By Product Type
12.2.4 North America Point of Care Lipid Test Market By Application
12.2.5 North America Point of Care Lipid Test Market By End User
12.2.6 USA
12.2.6.1 USA Point of Care Lipid Test Market By Product Type
12.2.6.2 USA Point of Care Lipid Test Market By Application
12.2.6.3 USA Point of Care Lipid Test Market By End User
12.2.7 Canada
12.2.7.1 Canada Point of Care Lipid Test Market By Product Type
12.2.7.2 Canada Point of Care Lipid Test Market By Application
12.2.7.3 Canada Point of Care Lipid Test Market By End User
12.2.8 Mexico
12.2.8.1 Mexico Point of Care Lipid Test Market By Product Type
12.2.8.2 Mexico Point of Care Lipid Test Market By Application
12.2.8.3 Mexico Point of Care Lipid Test Market By End User
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Point of Care Lipid Test Market by Country
12.3.2.2 Eastern Europe Point of Care Lipid Test Market By Product Type
12.3.2.3 Eastern Europe Point of Care Lipid Test Market By Application
12.3.2.4 Eastern Europe Point of Care Lipid Test Market By End User
12.3.2.5 Poland
12.3.2.5.1 Poland Point of Care Lipid Test Market By Product Type
12.3.2.5.2 Poland Point of Care Lipid Test Market By Application
12.3.2.5.3 Poland Point of Care Lipid Test Market By End User
12.3.2.6 Romania
12.3.2.6.1 Romania Point of Care Lipid Test Market By Product Type
12.3.2.6.2 Romania Point of Care Lipid Test Market By Application
12.3.2.6.4 Romania Point of Care Lipid Test Market By End User
12.3.2.7 Hungary
12.3.2.7.1 Hungary Point of Care Lipid Test Market By Product Type
12.3.2.7.2 Hungary Point of Care Lipid Test Market By Application
12.3.2.7.3 Hungary Point of Care Lipid Test Market By End User
12.3.2.8 Turkey
12.3.2.8.1 Turkey Point of Care Lipid Test Market By Product Type
12.3.2.8.2 Turkey Point of Care Lipid Test Market By Application
12.3.2.8.3 Turkey Point of Care Lipid Test Market By End User
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Point of Care Lipid Test Market By Product Type
12.3.2.9.2 Rest of Eastern Europe Point of Care Lipid Test Market By Application
12.3.2.9.3 Rest of Eastern Europe Point of Care Lipid Test Market By End User
12.3.3 Western Europe
12.3.3.1 Western Europe Point of Care Lipid Test Market by Country
12.3.3.2 Western Europe Point of Care Lipid Test Market By Product Type
12.3.3.3 Western Europe Point of Care Lipid Test Market By Application
12.3.3.4 Western Europe Point of Care Lipid Test Market By End User
12.3.3.5 Germany
12.3.3.5.1 Germany Point of Care Lipid Test Market By Product Type
12.3.3.5.2 Germany Point of Care Lipid Test Market By Application
12.3.3.5.3 Germany Point of Care Lipid Test Market By End User
12.3.3.6 France
12.3.3.6.1 France Point of Care Lipid Test Market By Product Type
12.3.3.6.2 France Point of Care Lipid Test Market By Application
12.3.3.6.3 France Point of Care Lipid Test Market By End User
12.3.3.7 UK
12.3.3.7.1 UK Point of Care Lipid Test Market By Product Type
12.3.3.7.2 UK Point of Care Lipid Test Market By Application
12.3.3.7.3 UK Point of Care Lipid Test Market By End User
12.3.3.8 Italy
12.3.3.8.1 Italy Point of Care Lipid Test Market By Product Type
12.3.3.8.2 Italy Point of Care Lipid Test Market By Application
12.3.3.8.3 Italy Point of Care Lipid Test Market By End User
12.3.3.9 Spain
12.3.3.9.1 Spain Point of Care Lipid Test Market By Product Type
12.3.3.9.2 Spain Point of Care Lipid Test Market By Application
12.3.3.9.3 Spain Point of Care Lipid Test Market By End User
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Point of Care Lipid Test Market By Product Type
12.3.3.10.2 Netherlands Point of Care Lipid Test Market By Application
12.3.3.10.3 Netherlands Point of Care Lipid Test Market By End User
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Point of Care Lipid Test Market By Product Type
12.3.3.11.2 Switzerland Point of Care Lipid Test Market By Application
12.3.3.11.3 Switzerland Point of Care Lipid Test Market By End User
12.3.3.1.12 Austria
12.3.3.12.1 Austria Point of Care Lipid Test Market By Product Type
12.3.3.12.2 Austria Point of Care Lipid Test Market By Application
12.3.3.12.3 Austria Point of Care Lipid Test Market By End User
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Point of Care Lipid Test Market By Product Type
12.3.3.13.2 Rest of Western Europe Point of Care Lipid Test Market By Application
12.3.3.13.3 Rest of Western Europe Point of Care Lipid Test Market By End User
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Point of Care Lipid Test Market by Country
12.4.3 Asia-Pacific Point of Care Lipid Test Market By Product Type
12.4.4 Asia-Pacific Point of Care Lipid Test Market By Application
12.4.5 Asia-Pacific Point of Care Lipid Test Market By End User
12.4.6 China
12.4.6.1 China Point of Care Lipid Test Market By Product Type
12.4.6.2 China Point of Care Lipid Test Market By Application
12.4.6.3 China Point of Care Lipid Test Market By End User
12.4.7 India
12.4.7.1 India Point of Care Lipid Test Market By Product Type
12.4.7.2 India Point of Care Lipid Test Market By Application
12.4.7.3 India Point of Care Lipid Test Market By End User
12.4.8 Japan
12.4.8.1 Japan Point of Care Lipid Test Market By Product Type
12.4.8.2 Japan Point of Care Lipid Test Market By Application
12.4.8.3 Japan Point of Care Lipid Test Market By End User
12.4.9 South Korea
12.4.9.1 South Korea Point of Care Lipid Test Market By Product Type
12.4.9.2 South Korea Point of Care Lipid Test Market By Application
12.4.9.3 South Korea Point of Care Lipid Test Market By End User
12.4.10 Vietnam
12.4.10.1 Vietnam Point of Care Lipid Test Market By Product Type
12.4.10.2 Vietnam Point of Care Lipid Test Market By Application
12.4.10.3 Vietnam Point of Care Lipid Test Market By End User
12.4.11 Singapore
12.4.11.1 Singapore Point of Care Lipid Test Market By Product Type
12.4.11.2 Singapore Point of Care Lipid Test Market By Application
12.4.11.3 Singapore Point of Care Lipid Test Market By End User
12.4.12 Australia
12.4.12.1 Australia Point of Care Lipid Test Market By Product Type
12.4.12.2 Australia Point of Care Lipid Test Market By Application
12.4.12.3 Australia Point of Care Lipid Test Market By End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Point of Care Lipid Test Market By Product Type
12.4.13.2 Rest of Asia-Pacific Point of Care Lipid Test Market By Application
12.4.13.3 Rest of Asia-Pacific Point of Care Lipid Test Market By End User
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Point of Care Lipid Test Market by Country
12.5.2.2 Middle East Point of Care Lipid Test Market By Product Type
12.5.2.3 Middle East Point of Care Lipid Test Market By Application
12.5.2.4 Middle East Point of Care Lipid Test Market By End User
12.5.2.5 UAE
12.5.2.5.1 UAE Point of Care Lipid Test Market By Product Type
12.5.2.5.2 UAE Point of Care Lipid Test Market By Application
12.5.2.5.3 UAE Point of Care Lipid Test Market By End User
12.5.2.6 Egypt
12.5.2.6.1 Egypt Point of Care Lipid Test Market By Product Type
12.5.2.6.2 Egypt Point of Care Lipid Test Market By Application
12.5.2.6.3 Egypt Point of Care Lipid Test Market By End User
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Point of Care Lipid Test Market By Product Type
12.5.2.7.2 Saudi Arabia Point of Care Lipid Test Market By Application
12.5.2.7.3 Saudi Arabia Point of Care Lipid Test Market By End User
12.5.2.8 Qatar
12.5.2.8.1 Qatar Point of Care Lipid Test Market By Product Type
12.5.2.8.2 Qatar Point of Care Lipid Test Market By Application
12.5.2.8.3 Qatar Point of Care Lipid Test Market By End User
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Point of Care Lipid Test Market By Product Type
12.5.2.9.2 Rest of Middle East Point of Care Lipid Test Market By Application
12.5.2.9.3 Rest of Middle East Point of Care Lipid Test Market By End User
12.5.3 Africa
12.5.3.1 Africa Point of Care Lipid Test Market by Country
12.5.3.2 Africa Point of Care Lipid Test Market By Product Type
12.5.3.3 Africa Point of Care Lipid Test Market By Application
12.5.3.4 Africa Point of Care Lipid Test Market By End User
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Point of Care Lipid Test Market By Product Type
12.5.3.5.2 Nigeria Point of Care Lipid Test Market By Application
12.5.3.5.3 Nigeria Point of Care Lipid Test Market By End User
12.5.3.6 South Africa
12.5.3.6.1 South Africa Point of Care Lipid Test Market By Product Type
12.5.3.6.2 South Africa Point of Care Lipid Test Market By Application
12.5.3.6.3 South Africa Point of Care Lipid Test Market By End User
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Point of Care Lipid Test Market By Product Type
12.5.3.7.2 Rest of Africa Point of Care Lipid Test Market By Application
12.5.3.7.3 Rest of Africa Point of Care Lipid Test Market By End User
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Point of Care Lipid Test Market by country
12.6.3 Latin America Point of Care Lipid Test Market By Product Type
12.6.4 Latin America Point of Care Lipid Test Market By Application
12.6.5 Latin America Point of Care Lipid Test Market By End User
12.6.6 Brazil
12.6.6.1 Brazil Point of Care Lipid Test Market By Product Type
12.6.6.2 Brazil Point of Care Lipid Test Market By Application
12.6.6.3 Brazil Point of Care Lipid Test Market By End User
12.6.7 Argentina
12.6.7.1 Argentina Point of Care Lipid Test Market By Product Type
12.6.7.2 Argentina Point of Care Lipid Test Market By Application
12.6.7.3 Argentina Point of Care Lipid Test Market By End User
12.6.8 Colombia
12.6.8.1 Colombia Point of Care Lipid Test Market By Product Type
12.6.8.2 Colombia Point of Care Lipid Test Market By Application
12.6.8.3 Colombia Point of Care Lipid Test Market By End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Point of Care Lipid Test Market By Product Type
12.6.9.2 Rest of Latin America Point of Care Lipid Test Market By Application
12.6.9.3 Rest of Latin America Point of Care Lipid Test Market By End User
13. Company Profiles
13.1 Abbott Laboratories
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Product Type / Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Nova Biomedical Corporation
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Product Type / Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Menarini Group
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Product Type / Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Sinocare Inc.
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Product Type / Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Zoetis Inc.
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Product Type / Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Callegari
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Product Type / Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 VivaChek Biotech (Hangzhou) Co. Ltd
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Product Type / Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Product Type / Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Biosensor,Inc.
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Product Type / Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Mico Bio Med
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Product Type / Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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