According to TechSci Research India Point of Care Diagnostics Market was valued at USD 628.32 Million in 2024 and is anticipated to hit USD 1,024.57 Million by 2030 with a CAGR of 8.45% during the forecast period.
Government Initiatives Driving Growth
Government support is central to the expansion of point of care diagnostics in India. The National Health Mission (NHM) focuses on bridging healthcare gaps in rural and underserved areas. By promoting the use of quick diagnostic devices, the NHM ensures that patients in remote regions get access to faster and more reliable test results.
The Pradhan Mantri Jan Arogya Yojana (PMJAY) under the Ayushman Bharat scheme is another game changer. It provides affordable healthcare coverage for millions and encourages adoption of innovative diagnostic tools. The inclusion of POC diagnostics under this initiative improves accessibility and ensures efficient patient management.
Investments in medical technology innovation, public-private partnerships, and digital health initiatives also support the sector. These actions are creating a favorable ecosystem for diagnostics companies to expand their footprint.
Rising Health Awareness and Its Impact
The Indian population is becoming more conscious about preventive healthcare. A surge in chronic conditions like diabetes, hypertension, and cardiovascular diseases has shifted attention towards early detection. The COVID-19 pandemic also accelerated awareness regarding timely testing and monitoring.
Consumers are now more willing to spend on regular check-ups and self-monitoring devices. This behavioral shift aligns with the core strengths of POC diagnostics, which deliver quick and reliable results without requiring large laboratory setups. Increased adoption of home-based glucose monitors and rapid testing kits reflects this trend.
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