Heart Failure POC And LOC Devices Market to Grow with a CAGR of 8.25% through 2030
Increasing prevalence of heart failure and the cost-effectiveness of these devices is expected to drive the Global Heart Failure POC And LOC Devices Market growth in the forecast period, 2026-2030.
According
to TechSci Research report, “Heart Failure POC And LOC Devices Market –
Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Heart Failure POC And LOC Devices Market
stood at USD 110.24 million in 2024 and is anticipated to grow with a CAGR of
8.25% in the forecast period, 2025-2030. This can be attributed to growing
investment and research. Investment in research and development of POC and LOC
devices for heart failure is on the rise. This includes funding from both
public and private sectors, which is fostering innovation and improving the
quality of these devices. The collaboration between medical device
manufacturers, healthcare providers, and tech companies is becoming
increasingly common. These partnerships enable the development of cutting-edge
solutions and accelerate market growth.
Lab-on-a-chip
(LOC) technology has found applications in diagnostics, serving both
Point-of-Care (POC) diagnostics and central lab testing. However, as of the
current market landscape, only POC tests are commercially available for
diagnosing heart failure. This situation, in turn, has opened up promising
opportunities for emerging diagnostic developers looking to establish a
meaningful presence in this market.
The
existence of numerous clinical manifestations of heart failure and often
non-specific symptoms has complicated traditional diagnostic methods. As a
result, there has been a surge in the development of POC tests, streamlining
decision-making for individuals at risk of heart-related conditions. POC tests
play a crucial role in identifying cardiac markers and other time-sensitive
parameters, effectively addressing the challenges posed by healthcare
disparities.
The
government entities are taking various measures to mitigate the escalating
healthcare costs associated with hospital admissions. For example, the European
Commission has provided funding for a project called KardiaTool, which aims to
create affordable LOC assays capable of detecting biomarkers from saliva
samples to assess the risk of heart failure.
However,
the absence of well-defined reimbursement models for POC devices equipped with
cassettes or cartridges that conduct multiple tests imposes some limitations on
growth. To tackle this challenge, manufacturers are actively devising
strategies to secure effective reimbursement for multi-analyte POC tests.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Heart Failure POC And LOC Devices Market”
The
Global Heart Failure POC And LOC Devices Market is segmented into test type,
technology, end use, regional distribution, and company.
Based
on its test type, genomic testing is the fastest-growing segment in the global
Heart Failure POC and LOC Devices Market due to its increasing role in personalized
medicine, early risk assessment, and targeted therapy selection. The growing
understanding of genetic predisposition to heart failure (HF) has fueled demand
for genetic biomarkers that enable early detection, prognosis, and tailored
treatment strategies. Advances in next-generation sequencing (NGS) and
polymerase chain reaction (PCR)-based POC and LOC platforms have made genomic
testing faster, more accurate, and accessible at the point of care.
The rising
prevalence of heart failure, coupled with increasing awareness of genetic risk
factors, has encouraged healthcare providers to integrate genomic testing into
routine cardiovascular diagnostics. Government and private sector investments
in precision medicine further support the rapid expansion of this segment. The
pharmaceutical companies are increasingly leveraging genomic data to develop targeted
heart failure therapies, reinforcing the adoption of genomic testing in
clinical settings. As technological advancements continue, genomic testing is
expected to revolutionize heart failure management by enabling earlier
intervention, improved patient stratification, and personalized treatment
approaches. This strong potential for clinical impact and market expansion
makes genomic testing the fastest-growing category in the Heart Failure POC and
LOC Devices Market.
Based
on region, Asia-Pacific region is the fastest-growing in the global Heart
Failure POC and LOC Devices Market due to its rising cardiovascular disease
burden, growing aging population, and increasing healthcare investments. The high
prevalence of heart failure (HF) in countries like China, India, and Japan,
driven by lifestyle changes and higher diabetes and hypertension rates, fuels
demand for rapid and accessible diagnostics. Expanding government initiatives,
improved healthcare infrastructure, and rising adoption of point-of-care (POC)
and lab-on-a-chip (LOC) devices enhance market growth. Advancements in
telemedicine, growing awareness, and affordability of portable diagnostic
solutions further accelerate adoption in hospitals, clinics, and homecare
settings across the region.
Major companies operating in Global Heart Failure POC
And LOC Devices Market are:
·
Abbott Laboratories Inc
·
Siemens Healthineers AG
·
Danaher Corp
·
Instrumentation Laboratory Co
·
F Hoffmann-La Roche AG
·
bioMérieux S.A.
·
Abaxis Inc
·
Quidel Corp
·
Jant Pharmacal Corp
·
Trinity Biotech plc
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“The
Global Heart Failure POC and LOC Devices Market is evolving rapidly, with the
emerging trends promising a future where heart failure management is more
personalized, efficient, and patient-centered. Innovations in AI, remote
monitoring, wearables, and data analytics are at the forefront of this
transformation. As these trends continue to shape the market, they hold the
potential to improve patient outcomes, reduce healthcare costs, and enhance the
quality of life for individuals living with heart failure. Staying attuned to
these trends is vital for all stakeholders in the healthcare industry as they
navigate the ever-changing landscape of heart failure management” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Heart Failure POC And LOC Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Test Type (Proteomic testing, Metabolomic testing, Genomic testing), By Technology (Microfluidics, Array-based systems, Others), By End Use (Clinics, Hospitals, Home, Assisted living healthcare facilities, Laboratory, Others), By Region & Competition 2020-2030F”, has evaluated the future growth potential of Global
Heart Failure POC And LOC Devices Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Heart Failure POC And LOC Devices Market.
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