Norway Point-of-care Molecular Diagnostics Market Size & Outlook
Norway point-of-care molecular diagnostics market, 2018-2030 (US$M)
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Norway point-of-care molecular diagnostics market highlights
- The Norway point-of-care molecular diagnostics market generated a revenue of USD 24.3 million in 2023 and is expected to reach USD 33.4 million by 2030.
- The Norway market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, infectious diseases was the largest revenue generating application in 2023.
- Hematology 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 24.3 million |
| Market revenue in 2030 | USD 33.4 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Hematology |
| 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, Norway accounted for 0.5% 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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Norway 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 93.83% in 2023. Horizon Databook has segmented the Norway 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.
Norway has a high average life expectancy of 82 years. The country's increase in life expectancy over recent years and the consequently large aging population—prone to infectious and chronic diseases— are expected to support the demand for molecular diagnostics tests. According to the World Life Expectancy in 2020, over 15.6% of total deaths were due to cardiac disorders in the country. Many older adults live in Norway, and many suffer from heart-related problems in the country, which is expected to boost the demand for diagnostics over the coming years.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Norway point-of-care molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Norway point-of-care molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway point-of-care molecular diagnostics market size, by application, 2018-2030 (US$M)
Norway Point-of-Care Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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