Canada Point-Of-Care Molecular Diagnostics Market Size & Outlook
- Clinical Diagnostics
- Cancer Diagnostics
- Point-of-Care Molecular Diagnostics Market Outlook
- Cancer Diagnostics
Global Market
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Canada point-of-care molecular diagnostics market highlights
- The Canada point-of-care molecular diagnostics market generated a revenue of USD 330.1 million in 2024 and is expected to reach USD 618.4 million by 2033.
- The Canada market is expected to grow at a CAGR of 7.2% from 2025 to 2033.
- In terms of segment, infectious diseases was the largest revenue generating application in 2024.
- 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 2024 | USD 330.1 million |
| Market revenue in 2033 | USD 618.4 million |
| Growth rate | 7.2% (CAGR from 2025 to 2033) |
| Largest segment | Infectious diseases |
| Fastest growing segment | Oncology |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| 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, Canada accounted for 4.0% of the global point-of-care molecular diagnostics market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. point-of-care molecular diagnostics market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 410.6 million by 2033.
The development of POC tests for the detection of COVID-19 by key manufacturers in Canada is projected to drive the country’s market growth. In May 2020, Switch Health Holdings, Inc.—a Canada based health solutions provider, entered into a partnership agreement with Canadian laboratories for the expansion of COVID-19 testing across Canada.
The company introduced the first Mobile Rapid Testing Unit (MRTU), which allows POC-based COVID-19 testing. The Public Health Agency of Canada, National Molecular Microbiology Diagnostics User Group, and Canadian Public Health Association are actively involved in generating awareness about target diseases and providing pertinent diagnostic support.
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Publish Date: Aug 05, 2025
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Point-Of-Care Molecular Diagnostics Market Scope
Point-Of-Care Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| BioMerieux SA | View profile | 13,982 | Marcy l’Etoile, Lyon, France, 69280 | www.biomerieux.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| Agilent Technologies Inc | View profile | 17,700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | www.agilent.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Nova Biomedical | View profile | 501-1000 | Waltham, Massachusetts, United States, North America | www.novabio.us |
| Bayer AG | View profile | 99,723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | www.bayer.com |
| Nipro Corp | View profile | 39,713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | www.nipro.co.jp |
| Roche | View profile | 10001+ | Basel, Basel-Stadt, Switzerland, Europe | www.roche.com |
Canada 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 Outlook will help companies and investors design strategic landscapes.
Infectious Diseases was the largest segment with a revenue share of 50.35% in 2024.
Horizon Databook has segmented the Canada 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 2021 to 2033.
The development of POC tests for the detection of COVID-19 by key manufacturers in Canada is projected to drive the country’s market growth. In May 2020, Switch Health Holdings, Inc.—a Canada based health solutions provider, entered into a partnership agreement with Canadian laboratories for the expansion of COVID-19 testing across Canada.
The company introduced the first Mobile Rapid Testing Unit (MRTU), which allows POC-based COVID-19 testing. The Public Health Agency of Canada, National Molecular Microbiology Diagnostics User Group, and Canadian Public Health Association are actively involved in generating awareness about target diseases and providing pertinent diagnostic support.
- Canada Point-Of-Care Molecular Diagnostics Market Application Outlook (Revenue, USD Million , 2021-2033)
- Oncology
- Prenatal Testing
- Endocrinology
- Other Applications
- Hematology
- Infectious Diseases
- Canada Point-Of-Care Molecular Diagnostics Market Technology Outlook (Revenue, USD Million , 2021-2033)
- PCR-based
- Genetic Sequencing based
- Hybridization based
- Microarray based
- Canada Point-Of-Care Molecular Diagnostics Market Test Location Outlook (Revenue, USD Million , 2021-2033)
- OTC
- POC
- Canada Point-Of-Care Molecular Diagnostics Market End-use Outlook (Revenue, USD Million , 2021-2033)
- Decentralised Labs
- Hospitals
- Home care
- Assisted Living Healthcare Facilities
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Point-of-Care Molecular Diagnostics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Point-of-Care Molecular Diagnostics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Point-Of-Care Molecular Diagnostics Market, 2021-2033 (US$M)
Canada Application - Point-of-care Molecular Diagnostics Market Statistics, 2024 - 2033 (US$M)
