Italy Point-of-care Molecular Diagnostics Market Size & Outlook
Italy point-of-care molecular diagnostics market, 2018-2030 (US$M)
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Italy point-of-care molecular diagnostics market highlights
- The Italy point-of-care molecular diagnostics market generated a revenue of USD 173.0 million in 2023 and is expected to reach USD 245.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating application in 2023.
- Oncology is the most lucrative application segment registering the fastest growth during the forecast period.
Point-of-care molecular diagnostics market data book summary
| Market revenue in 2023 | USD 173.0 million |
| Market revenue in 2030 | USD 245.0 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Oncology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oncology, Prenatal Testing, Endocrinology, Other Applications, Hematology, Infectious Diseases |
| Key market players worldwide | Roche, Abbott Laboratories, Qiagen NV, Bayer AG, Nova Biomedical, Danaher Corp, Nipro Corp, Bio-Rad Laboratories Inc, Agilent Technologies Inc, BioMerieux SA, OraSure Technologies Inc, Abaxis |
Other key industry trends
- In terms of revenue, Italy accounted for 3.3% of the global point-of-care molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany point-of-care molecular diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 167.0 million by 2030.
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Point-of-Care Molecular Diagnostics Market Scope
Point-of-Care Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy point-of-care molecular diagnostics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to point-of-care molecular diagnostics market will help companies and investors design strategic landscapes.
Infectious diseases was the largest segment with a revenue share of 93.58% in 2023. Horizon Databook has segmented the Italy point-of-care molecular diagnostics market based on oncology, prenatal testing, endocrinology, other applications, hematology, infectious diseases covering the revenue growth of each sub-segment from 2018 to 2030.
The increase in demand for rapid diagnostic procedures and the prevalence of chronic diseases in Italy are key drivers of its point-of-care molecular diagnostics market. A large number of manufacturers and distributors offer essential instruments, kits, and reagents for molecular diagnostics, which is expected to boost market growth. Siemens Healthcare GmbH, Roche Diagnostics, and DiaSorin are some key companies operating in Italy.
R&D activities are anticipated to accelerate, owing to increased funding offered by government & nongovernment organizations. The demand for automated infectious diseases molecular diagnostics is growing in the country, which can be attributed to the difficulty in hiring staff for diagnostic laboratories. This creates lucrative growth opportunities for automated molecular diagnostics companies to increase their market share and revenue.
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Target buyers of Italy point-of-care molecular diagnostics market databook
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Our clientele includes a mix of point-of-care molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy point-of-care molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Italy point-of-care molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy point-of-care molecular diagnostics market size, by application, 2018-2030 (US$M)
Italy Point-of-Care Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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