Forging a path for MedTech Innovation.


The COVID-19 pandemic didn’t just accelerate point-of-care (POC) testing; it fundamentally transformed how the world perceived diagnostics.
Before 2020, POC testing was limited primarily to glucose monitors, pregnancy kits, and rapid strep tests used in clinics. Once COVID-19 hit, diagnostics moved beyond the lab and into everyday life. Living rooms, pharmacies, airports, and classrooms became testing hubs. For the first time, billions of people experienced diagnostics, not as a hospital service, but as a part of daily health behavior. Compact cartridges and portable analyzers quickly became front line tools in managing a global health crisis.
Lateral-flow COVID-19 antigen kits became household staples, while portable molecular analyzers such as Abbott’s ID NOW and Roche’s Cobas Liat proved that lab-level accuracy could travel anywhere.
By the winter of 2022, POC testing volumes in North American pharmacies had soared by more than 200%, permanently reshaping both where and by whom diagnostic testing was performed. As 2023 Nature Biotechnology report noted, “The pandemic compressed nearly a decade of diagnostic innovation into just two years.”
Post-pandemic, the POC market has become a competitive arena spanning, molecular assays, multiplex platforms, FIA instrumentation, AI-based readers, and digital diagnostics.
Many new players are attempting to enter the space, with young companies combining biosensor innovation and data analytics to partner with established diagnostic giants. At the same time, long-standing leaders such as Roche, Abbott, Siemens Healthineers, and Danaher have been steadily expanding their digital networks and decentralized testing portfolios. Supply-chain disruptions, meanwhile, triggered a manufacturing reset, driving localization and new hubs from India to São Paulo.
Diagnostics are moving from reactive detection to proactive intelligence. Established industry leaders are scaling connected-care ecosystems, while digital-native challengers are redefining affordability, data fluidity, and patient engagement. In a landscape where speed and insight matter equally, success depends on anticipating and not just reacting to market change.
That’s where IQVIA MedTech comes in. For deeper insights into the evolving IVD and POC diagnostics segment, schedule a custom market briefing with our MedTech experts by clicking the Contact Us button to connect directly with the team.
Together, we can help you navigate the next decade of diagnostic innovation—with clarity, foresight, and competitive confidence.
Forging a path for MedTech Innovation.
Connected commercial solutions, maximizing market performance.