Medical Devices Industry Reports poc platform & technology market | Page 2

REPORT DESCRIPTION
PoC Platform & Technology Market – Overview
Increase in the prevalence of infectious diseases such as HIV, hepatitis, and vector borne diseases coupled with
increasing awareness leading to early diagnosis of cancer and autoimmune diseases is a major factor propelling
growth of POC platform & technology market. Moreover, the increasing usage of home-based point-of-care
diagnosis has also significantly reduced the incidence of sexually transmitted diseases (STDs), as these tests
provide quick detection of biomarkers leading to early diagnosis of diseases.
According to the Centers of Disease Control and Prevention (CDC), in 2016, rapid home-based diagnostic tests
that include point-of-care immunoassay and test strips as well as general awareness have collectively resulted in
reducing the number of annual infections caused due to HIV by 10% from 2010 to 2014 and by 5% from 2011 to
2015. The increasing R&D activities by the organizations also aids in market growth. For instance, the Bill &
Melinda Gates Foundation supported the development of Alere Malaria Ag Plasmodium falciparum HRP2
ELISA.
Point of care (PoC) diagnostic devices are used to obtain diagnostic results while being close to the patient and are
commonly used in doctor’s office, hospitals, and in home care settings. These devices are commonly preferred in
the home care settings, as they do not require technical expertise and deliver instant feedback on various medical
tests.