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Global POCT Market Geographical Distribution

Jan 19, 2018

Market growth in developing countries will be the main force behind the expansion of the world market. In view of the degree of development in different regions, the population base and age structure, medical and health conditions are quite different, POCT consumption also showed a larger regional differences. In 2013, the market in the United States reached 7.5 billion U.S. dollars, accounting for 47% of the total. As the largest POCT consumption area in the world, the EU market reached 4.87 billion U.S. dollars, accounting for 30% of the total. It became the second largest consumer area of POCT. In developing countries, market growth in India, China and Brazil will become the major driving force behind the expansion of the world market as the POCT market becomes better known.

Global POCT market geographical distribution

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China's POCT industry maintained an annual growth rate of 20% - 30%, higher than the international 7% - 8% annual growth rate. The POCT market in China is relatively late and has a relatively small market at present, but the growth rate is higher than the global average, reaching 22.92% in 2014. With the progress of medical reform and government investment in POCT product technology in primary health construction, the annual growth rate of more than 20% is expected to be maintained in the next three years and is expected to reach about 10 billion RMB in 2018.

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