Product Code: ETC8849109 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The point-of-care testing (POCT) device market in the Philippines is growing rapidly, fueled by the need for quick and accurate diagnostic solutions. POCT devices are used for various applications, including glucose monitoring, infectious disease detection, and cardiac biomarker testing. The adoption of these devices in hospitals, clinics, and home healthcare settings is improving patient outcomes by enabling immediate medical decisions.
The increasing need for rapid diagnostic testing, especially in rural and remote areas, is driving the POCT device market in the Philippines. The expansion of decentralized healthcare services, along with the rising prevalence of chronic diseases such as diabetes and cardiovascular conditions, has created strong demand for portable and easy-to-use diagnostic devices. Government efforts to enhance healthcare access and improve early disease detection further support market growth.
The POCT device market struggles with high costs and limited reimbursement policies for point-of-care diagnostics. Many healthcare providers are hesitant to invest in POCT devices due to concerns about accuracy and reliability compared to laboratory-based testing. Additionally, the lack of trained personnel to operate and interpret POCT results affects the widespread adoption of these devices in smaller healthcare settings.
The growing emphasis on rapid and decentralized healthcare in the Philippines is fueling the point-of-care testing device market. Investments in compact, AI-powered, and user-friendly POCT solutions can enhance accessibility to diagnostics in rural and urban areas. Companies focusing on affordability, accuracy, and connectivity features can leverage the expanding telehealth industry.
The DOH`s initiatives to improve healthcare accessibility include the promotion of Point of Care Testing (POCT) devices. Policies supporting the integration of POCT in primary healthcare settings and funding for medical technologies drive the POCT device market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Point of Care Testing (POCT) Device Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Point of Care Testing (POCT) Device Market - Industry Life Cycle |
3.4 Philippines Point of Care Testing (POCT) Device Market - Porter's Five Forces |
3.5 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume Share, By Prescription, 2021 & 2031F |
3.7 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Philippines Point of Care Testing (POCT) Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Point of Care Testing (POCT) Device Market Trends |
6 Philippines Point of Care Testing (POCT) Device Market, By Types |
6.1 Philippines Point of Care Testing (POCT) Device Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Blood Glucose Testing Kits, 2021- 2031F |
6.1.4 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Cardio Metabolic Monitoring Kits, 2021- 2031F |
6.1.5 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Infectious Disease Testing Kits, 2021- 2031F |
6.1.6 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Cholesterol Testing Kits, 2021- 2031F |
6.1.7 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Point of Care Testing (POCT) Device Market, By Prescription |
6.2.1 Overview and Analysis |
6.2.2 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Prescription Based Testing, 2021- 2031F |
6.2.3 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Over-The-Counter (OTC) Testing, 2021- 2031F |
6.3 Philippines Point of Care Testing (POCT) Device Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Direct Tenders, 2021- 2031F |
6.3.3 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Retail, 2021- 2031F |
6.4 Philippines Point of Care Testing (POCT) Device Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Hospital, 2021- 2031F |
6.4.3 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Clinics, 2021- 2031F |
6.4.4 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Ambulatory Care, 2021- 2031F |
6.4.5 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Home Healthcare, 2021- 2031F |
6.4.6 Philippines Point of Care Testing (POCT) Device Market Revenues & Volume, By Research Laboratory, 2021- 2031F |
7 Philippines Point of Care Testing (POCT) Device Market Import-Export Trade Statistics |
7.1 Philippines Point of Care Testing (POCT) Device Market Export to Major Countries |
7.2 Philippines Point of Care Testing (POCT) Device Market Imports from Major Countries |
8 Philippines Point of Care Testing (POCT) Device Market Key Performance Indicators |
9 Philippines Point of Care Testing (POCT) Device Market - Opportunity Assessment |
9.1 Philippines Point of Care Testing (POCT) Device Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Point of Care Testing (POCT) Device Market Opportunity Assessment, By Prescription, 2021 & 2031F |
9.3 Philippines Point of Care Testing (POCT) Device Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Philippines Point of Care Testing (POCT) Device Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Philippines Point of Care Testing (POCT) Device Market - Competitive Landscape |
10.1 Philippines Point of Care Testing (POCT) Device Market Revenue Share, By Companies, 2024 |
10.2 Philippines Point of Care Testing (POCT) Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |