ASEAN point-of-care diagnostics market to hit $1.36b by 2030

Thanks to the rising demand for regular monitoring and early detection.

The ASEAN point-of-care diagnostics market is projected to reach $1.36b by 2030 at a compound annual growth rate of 4.7%, according to MarketsandMarkets.

The sector’s expansion is attributed to rising demand for regular monitoring and early detection due to the increasing incidence of chronic conditions such as diabetes.

“Devices like glucose monitors are increasingly being used for their capability to provide fast results, allowing patients to manage their conditions effectively and facilitating timely medical intervention,” the report said.

Moreover, government efforts and an increase in public-private partnerships in the region are further driving market growth.

By end user, the home care settings segment accounted for the largest market share in 2024.