South Africa Point Of Care Diagnostics Market Outlook

the south african point-of-care (poc) diagnostics market is estimated to be worth around us$78 million in 2018, with further growth expected over the forecast period of 2018 to 2032. the market is driven by increasing demand for poc testing services and the development of easy-to-use, cost-effective devices. the south african healthcare sector has been and is undergoing a transformation due to the progressive introduction of new healthcare policies, reforms, and public-private initiatives. point-of-care diagnostics allows healthcare providers to quickly diagnose and treat patients in the comfort of their own homes, thus helping to reduce the need for expensive hospitalisations. additionally, these devices are also increasingly being used in remote settings such as rural areas, as they help to reduce medical diagnostics costs due to their low cost and portability. the increasing prevalence of lifestyle diseases, such as diabetes, is another key factor driving growth in the south african point-of-care diagnostics market. south africa is estimated to have around 3.7 million people with diabetes, with the prevalence of the disease increasing at an alarming rate. point-of-care devices are helping to diagnose and manage the condition effectively and efficiently, thereby fuelling the demand for these devices in the country. the increasing awareness of the importance of preventive healthcare is another key growth driver in the south african point-of-care diagnostics market. south african healthcare professionals are now increasingly looking towards preventive treatment options and early diagnosis of conditions, with poc devices providing a perfect aid for this. the introduction of new regulations and standards such as iso standards are also driving growth in the south african point-of-care diagnostics market as they help maintain quality and safety standards for poc devices and associated tests across the country. in summary, the south african point-of-care diagnostics market is set for an impressive growth over the forecast period of 2018 to 2032, thanks to increasing demand for poc testing services, development of easy-to-use and cost-effective devices, the rise in lifestyle diseases, awareness of preventive healthcare, and introduction of industry standards.