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Stock impact report

Global Point of Care Testing Market Research 2024: A $79.3 Billion Industry by 2031, Driven by Technological Innovations and Rising Chronic Disease Prevalence [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
The global point of care testing (POCT) market is predicted to reach US$ 79.30 Billion by 2031, from US$ 44.24 Billion in 2023 The demand for point-of-care testing is increasing across the globe, backed by the increasing introduction of transportable, portable, and handheld instruments that have resulted in the migration of POC testing from the hospital environment to a range of medical environments including the workplace, home, disaster care and most recently, convenience clinics. The rising incidence of infectious diseases and chronic conditions such as cardiovascular diseases and diabetes have stimulated the demand for point-of-care testing services. Infectious diseases are one of the primary causes of mortality globally, as they claim approximately 17 million lives annually, making up around 30% of the 56 million deaths recorded worldwide. By Diagnostics Segment : The blood glucose testing segment dominated the global POCT market in 2023, largely due to the widespread use Show less Read more
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