India Point-Of-Care Molecular Diagnostics Market Size & Outlook
The point-of-care molecular diagnostics market in India is expected to reach a projected revenue of US$ 618.5 million by 2033. A compound annual growth rate of 8.5% is expected of India point-of-care molecular diagnostics market from 2025 to 2033.
Clinical Diagnostics
Cancer Diagnostics
Point-of-Care Molecular Diagnostics Market Outlook
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India point-of-care molecular diagnostics market highlights
The India point-of-care molecular diagnostics market generated a revenue of USD 298.6 million in 2024 and is expected to reach USD 618.5 million by 2033.
The India market is expected to grow at a CAGR of 8.5% 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 298.6 million
Market revenue in 2033
USD 618.5 million
Growth rate
8.5% (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
In terms of revenue, India accounted for 3.6% 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 Asia Pacific, China point-of-care molecular diagnostics market is projected to lead the regional market in terms of revenue in 2033.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 618.5 million by 2033.
India’s market is a different scenario compared to the other countries in Asia Pacific, such as China and Japan, owing to its relaxed regulatory guidelines and the import of most equipment & materials from other countries. The market in India is expected to grow significantly due to increased investments by private and foreign entities, which can provide effective tests at lower costs.
The well-distributed network of clinical laboratories and hospitals in India is expected to increase the adoption of POC molecular diagnostics techniques. Another factor that improved the growth in the POC molecular diagnostics market in India is the increased number of SARS-CoV-2 cases in the second wave. In May 2021, the number of tests carried out daily reached 2.5 million to contain the pandemic.
However, only 40% of these tests are PCR-based. Hence, the need for more cost-effective and faster PCR tests increased. The Indian Council of Medical Research (ICMR) allows private laboratories, such as Metropolis Labs, Reliance Life Sciences, Dr. LAL, SRL, and Thyro care, to conduct testing for coronavirus. However, due to limited trained staff, sample collection remained challenging in the country.
India 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 50.84% in 2024.
Horizon Databook has segmented the India 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.
India’s market is a different scenario compared to the other countries in Asia Pacific, such as China and Japan, owing to its relaxed regulatory guidelines and the import of most equipment & materials from other countries. The market in India is expected to grow significantly due to increased investments by private and foreign entities, which can provide effective tests at lower costs.
The well-distributed network of clinical laboratories and hospitals in India is expected to increase the adoption of POC molecular diagnostics techniques. Another factor that improved the growth in the POC molecular diagnostics market in India is the increased number of SARS-CoV-2 cases in the second wave. In May 2021, the number of tests carried out daily reached 2.5 million to contain the pandemic.
However, only 40% of these tests are PCR-based. Hence, the need for more cost-effective and faster PCR tests increased. The Indian Council of Medical Research (ICMR) allows private laboratories, such as Metropolis Labs, Reliance Life Sciences, Dr. LAL, SRL, and Thyro care, to conduct testing for coronavirus. However, due to limited trained staff, sample collection remained challenging in the country.
India Point-Of-Care Molecular Diagnostics Market Application Outlook (Revenue, USD Million , 2021-2033)
Oncology
Prenatal Testing
Endocrinology
Other Applications
Hematology
Infectious Diseases
India Point-Of-Care Molecular Diagnostics Market Technology Outlook (Revenue, USD Million , 2021-2033)
PCR-based
Genetic Sequencing based
Hybridization based
Microarray based
India Point-Of-Care Molecular Diagnostics Market Test Location Outlook (Revenue, USD Million , 2021-2033)
OTC
POC
India 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 India Point-of-Care Molecular Diagnostics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Point-of-Care Molecular Diagnostics Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Point-Of-Care Molecular Diagnostics Market, 2021-2033 (US$M)