Heart Failure Point-of-care (POC) & Lab-on-chip (LOC) Devices Market
By Test Type;
Proteomic Testing, Metabolomic Testing, and Genomic TestingBy Technology;
Microfluidics, Array-Based Systems, and OthersBy End User;
Clinics, Hospitals, Home, Assisted Living Healthcare Facilities, and LaboratoryBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Heart Failure POC & LOC Devices Market Overview
Heart Failure POC & LOC Devices Market (USD Million)
Heart Failure POC & LOC Devices Market was valued at USD 86.59 million in the year 2024. The size of this market is expected to increase to USD 249.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.3%.
Heart Failure Point-of-care (POC) & Lab-on-chip (LOC) Devices Market
*Market size in USD million
CAGR 16.3 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 16.3 % |
Market Size (2024) | USD 86.59 Million |
Market Size (2031) | USD 249.18 Million |
Market Concentration | Low |
Report Pages | 372 |
Major Players
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthineers
- Philips Healthcare
- Medtronic plc
- Boston Scientific Corporation
- LivaNova PLC
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Heart Failure Point-of-care (POC) & Lab-on-chip (LOC) Devices Market
Fragmented - Highly competitive market without dominant players
The Heart Failure POC & LOC Devices Market is witnessing strong momentum, driven by the rising need for rapid and precise diagnostic solutions for cardiovascular conditions. Point-of-care (POC) and lab-on-chip (LOC) technologies are increasingly preferred for their ability to deliver quick and reliable results, supporting timely medical decisions. Currently, more than 55% of cardiac diagnostic activities rely on these rapid devices, reflecting their expanding role in modern clinical practices.
Growing preference for innovative testing methods
Healthcare facilities are adopting advanced devices that improve the efficiency of diagnosis while reducing delays in treatment. Nearly 50% of diagnostic providers now prioritize POC platforms because they shorten testing cycles and improve patient management. This transition signals a clear focus on integrating smart diagnostic systems that elevate care quality and streamline healthcare delivery.
Impact of technological innovations
Advances in biosensors and microfluidics are revolutionizing the effectiveness of LOC devices in identifying heart failure biomarkers. Approximately 40% of the latest innovations emphasize compact, portable formats that deliver higher accuracy while reducing dependence on centralized laboratories. These advancements are significantly enhancing real-time monitoring and broadening the scope of clinical applications.
Strategic collaborations driving expansion
Industry players are strengthening their market position through collaborations and mergers that accelerate product development and innovation. Around 35% of newly introduced devices emerge from partnerships and joint initiatives, highlighting the importance of cooperative strategies in expanding adoption. These efforts are improving accessibility and boosting the availability of advanced cardiac diagnostic solutions.
Future outlook with sustained growth
The emphasis on innovation and strategic growth positions the heart failure POC & LOC devices market for continued progress. Investments show that more than 45% of funding in cardiac diagnostics is being directed toward next-generation testing platforms. This forward-looking trajectory underscores the market’s potential to reshape cardiovascular care and improve outcomes through more efficient diagnostic pathways.
Heart Failure POC & LOC Devices Market Recent Developments
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In October 2020, Abbott launched implantable cardioverter defibrillator and cardiac resynchronization therapy defibrillator devices in India. The gadgets use smartphone connectivity and applications to provide new potential for patient interaction and remote monitoring. Such developments are expected to foster the growth of the market during the forecast period.
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In April 2023, Abbott announced it has completed the acquisition of Cardiovascular Systems, Inc. (CSI), a medical device company. This acquisition strengthened the cardiovascular segment including POC and LOC devices. Thus, it expanded the product portfolio and increased the sales of the company.
Heart Failure POC & LOC Devices Market Segment Analysis
In this report, the Heart Failure POC & LOC Devices Market has been segmented by Test Type, Technology, End User and Geography.
Heart Failure POC & LOC Devices Market, Segmentation by Test Type
The Heart Failure POC & LOC Devices Market has been segmented by Test Type into Proteomic Testing, Metabolomic Testing, and Genomic Testing.
Proteomic Testing
Proteomic testing has emerged as a vital tool in heart failure management, allowing medical professionals to monitor protein biomarkers efficiently. Recent insights indicate that proteomic methods account for roughly 45% of early-stage heart failure detection. These tests provide highly personalized treatment strategies, helping improve patient care outcomes. The use of point-of-care proteomic devices is expanding rapidly, with a projected annual growth of 15% in the coming years.
Metabolomic Testing
Metabolomic testing focuses on analyzing metabolites to monitor heart function, offering predictive insights for heart failure progression. Nearly 35% of healthcare providers have started integrating metabolomic analysis into regular assessments. By detecting subtle metabolic changes early, clinicians can anticipate complications before severe symptoms occur. The market for point-of-care metabolomic devices is expected to grow at a 12% CAGR, fueled by increasing clinical adoption.
Genomic Testing
Genomic testing investigates genetic markers linked to heart failure, supporting precision medicine approaches for high-risk patients. Around 25% of individuals with hereditary cardiovascular risks are undergoing genomic testing today. Utilizing genomic POC devices enables quicker diagnoses and personalized intervention plans, reducing patient readmissions. The sector is seeing consistent expansion, with a 10% yearly growth rate projected in mature healthcare markets.
Heart Failure POC & LOC Devices Market, Segmentation by Technology
The Heart Failure POC & LOC Devices Market has been segmented by Technology into Microfluidics, Array-Based Systems, and Others.
Microfluidics
Microfluidics technology is a key innovation in heart failure diagnostics, allowing for precise handling of minuscule fluid samples. This approach represents approximately 40% of the heart failure POC & LOC devices market. The devices provide rapid, highly sensitive testing, enhancing early detection and ongoing patient monitoring. The use of microfluidic-based systems is set to expand by 14% per year due to continuous improvements in lab-on-chip designs.
Array-Based Systems
Array-based systems enable simultaneous measurement of multiple biomarkers, making heart failure diagnosis faster and more accurate. They hold around 30% of the market share in point-of-care devices for heart failure. The technology offers high-throughput capabilities, allowing clinicians to make timely treatment decisions. Growth for array-based testing platforms is projected at a 12% CAGR, driven by increasing adoption in clinical settings.
Others
The ‘Others’ category covers emerging technologies such as biosensors, immunoassays, and hybrid diagnostic devices for heart failure. This segment accounts for nearly 30% of the market, fueled by experimental and innovative solutions. These technologies focus on improving diagnostic efficiency and patient convenience. Adoption is expected to grow steadily, with annual growth of 10% as new solutions reach commercialization.
Heart Failure POC & LOC Devices Market, Segmentation by End User
The Heart Failure POC & LOC Devices Market has been segmented by End User into Clinics, Hospitals, Home, Assisted Living Healthcare Facilities, and Laboratory.
Clinics
Clinics are crucial for early diagnosis and routine monitoring of heart failure patients. Nearly 30% of patients with mild or moderate conditions rely on clinics for regular assessments due to their convenience and cost-effectiveness. The adoption of point-of-care (POC) devices in clinics enables rapid detection of cardiac biomarkers, allowing clinicians to adjust treatments promptly. With rising awareness, clinics are experiencing a 15% year-over-year increase in device usage, highlighting their growing importance in preventive heart care.
Hospitals
Hospitals are central hubs for managing both acute and chronic heart failure cases. Around 45% of heart failure POC & LOC devices are used in hospital settings, driven by the need for advanced diagnostics and continuous patient monitoring. Integration of remote monitoring technologies helps reduce readmissions and improve patient outcomes. The shift toward personalized treatment approaches is boosting hospital adoption of these devices, making them an essential component of modern cardiac care.
Home
Home healthcare is rapidly gaining traction, particularly with the rise of wearable and remote heart failure monitoring devices. Roughly 20% of heart failure patients use home-based POC and LOC tools, enabling real-time monitoring of vital signs and decreasing the frequency of hospital visits. Patients enjoy greater autonomy, while healthcare providers receive continuous data for timely intervention. Smart home devices are expected to drive a 12-15% annual growth in home-based heart failure monitoring.
Assisted Living Healthcare Facilities
Assisted living facilities are increasingly equipping residents with heart failure monitoring devices for enhanced care. Nearly 10% of residents with cardiovascular conditions rely on these devices for daily health assessments and alerts. Using POC and LOC technologies allows staff to manage multiple comorbidities efficiently and develop personalized care plans. The segment is poised for growth as facilities adopt preventive health strategies to improve resident outcomes.
Laboratory
Laboratories play an essential role in analyzing and validating heart failure biomarkers. About 5% of device utilization occurs in labs for research and confirmatory diagnostics. Advanced LOC systems enable rapid and accurate sample processing, facilitating evidence-based treatment decisions. Strengthened collaborations between labs and healthcare providers are driving more precise and timely cardiac care.
Heart Failure POC & LOC Devices Market, Segmentation by Geography
In this report, the Heart Failure POC & LOC Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Heart Failure POC & LOC Devices Market Share (%), by Geographical Region
North America
North America is the dominant region for heart failure POC & LOC devices, accounting for 35% of the global market share. The region benefits from advanced healthcare systems and widespread adoption of point-of-care technologies. Hospitals and clinics heavily use these devices for rapid diagnosis and continuous patient monitoring. Market growth is forecasted at 11% annually due to rising cardiovascular disease prevalence.
Europe
Europe represents 25% of the global heart failure POC & LOC devices market. The adoption is driven by stringent healthcare regulations and comprehensive reimbursement frameworks. Clinicians rely on these devices for efficient patient management and timely diagnostics. The market is projected to grow at a 10% CAGR over the coming years.
Asia Pacific
Asia Pacific contributes 20% of the global market and is the fastest-growing region. Growth is fueled by increasing healthcare awareness, improving infrastructure, and rising heart failure prevalence. Hospitals, clinics, and home care settings adopt these devices for quick and accurate patient monitoring. The region is expected to achieve a 15% CAGR, offering significant opportunities for manufacturers.
Middle East and Africa
The Middle East and Africa hold approximately 10% of the global market. Expansion is supported by rising healthcare investments and improved diagnostic facilities. Adoption mainly occurs in hospitals and clinics. The region is expected to experience 9% annual growth driven by demand for early diagnosis.
Latin America
Latin America represents 10% of the global market for heart failure POC & LOC devices. Growth is fueled by emerging healthcare infrastructure and increasing awareness of heart failure management. Devices are primarily used in hospitals and specialized clinics. Market adoption is projected to increase by 10% CAGR over the next few years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Heart Failure POC & LOC Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological Advancements
- Aging Population Demographics
- Increasing Healthcare Expenditure
- Rising Disease Prevalence
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Demand for Remote Monitoring : The demand for remote monitoring in the global heart failure Point-of-Care (POC) and Lab-On-a-Chip (LOC) devices market has witnessed significant growth in recent years. With the advent of advanced technologies and the increasing emphasis on personalized healthcare, remote monitoring solutions have become indispensable tools in managing heart failure. These solutions enable healthcare providers to remotely track patients' vital signs, such as heart rate, blood pressure, and oxygen saturation levels, in real-time, allowing for timely intervention and proactive management of the condition.
One key driver behind the growing demand for remote monitoring is the desire to improve patient outcomes and quality of life. By continuously monitoring patients outside of traditional clinical settings, healthcare providers can detect early signs of deterioration or exacerbation of heart failure symptoms, enabling timely adjustments to treatment plans. This proactive approach not only reduces the risk of hospital readmissions but also empowers patients to take a more active role in managing their condition, leading to better adherence to treatment regimens and improved overall health outcomes.
Remote monitoring offers several benefits in terms of healthcare resource utilization and cost savings. By remotely monitoring patients, healthcare providers can reduce the need for frequent in-person visits and hospitalizations, thereby alleviating strain on healthcare systems and reducing healthcare costs. Additionally, remote monitoring allows for more efficient use of healthcare resources by prioritizing interventions for patients who require immediate attention, while also enabling proactive management of high-risk patients to prevent complications and improve long-term outcomes. Overall, the increasing demand for remote monitoring in the global heart failure POC and LOC devices market reflects a growing recognition of the value of technology-enabled care delivery in improving patient outcomes, enhancing healthcare efficiency, and reducing overall healthcare costs.
Restraints
- High Cost Barriers
- Limited Reimbursement Policies
- Regulatory Approval Challenges
- Reliability Concerns
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Infrastructure Limitations : Infrastructure limitations pose a significant challenge in the global heart failure Point-of-Care (POC) and Lab-On-a-Chip (LOC) devices market. These limitations encompass various aspects, including technological infrastructure, healthcare facility infrastructure, and logistical infrastructure, all of which can hinder the adoption and implementation of POC and LOC devices for heart failure management.
From a technological standpoint, infrastructure limitations may include inadequate internet connectivity, especially in rural or underserved areas, which can hinder the transmission of patient data from remote monitoring devices to healthcare providers. Additionally, outdated or incompatible IT systems in healthcare facilities may impede the integration of POC and LOC devices into existing electronic health record (EHR) systems, limiting data sharing and interoperability.
Healthcare facility infrastructure limitations, such as lack of appropriate facilities or trained personnel, can also hinder the deployment of POC and LOC devices for heart failure management. For example, in resource-limited settings, healthcare facilities may lack the necessary infrastructure to support the installation and maintenance of POC testing equipment or the training of healthcare personnel in device operation and interpretation of results.
Logistical infrastructure challenges, including supply chain inefficiencies and transportation barriers, can further exacerbate the problem of infrastructure limitations in the global heart failure POC and LOC devices market. Delays or disruptions in the supply chain can impact the availability of POC testing kits or LOC device components, leading to shortages or stockouts in healthcare facilities. Moreover, transportation barriers, such as poor road networks or inadequate refrigeration facilities, can impede the timely delivery of POC and LOC devices to remote or rural areas, limiting access to essential diagnostic and monitoring tools for heart failure management.
Addressing infrastructure limitations in the global heart failure POC and LOC devices market requires a multi-faceted approach that involves collaboration between governments, healthcare organizations, technology providers, and other stakeholders. Investments in improving technological infrastructure, healthcare facility infrastructure, and logistical infrastructure are essential to overcome these challenges and ensure equitable access to POC and LOC devices for heart failure management, particularly in underserved or resource-limited settings. Additionally, initiatives to enhance training and capacity-building among healthcare personnel can help maximize the benefits of POC and LOC devices in improving patient outcomes and reducing the burden of heart failure on healthcare systems globally.
Opportunities
- Emerging Markets Expansion
- Personalized Healthcare Solutions
- Wearable Technology Integration
- Telemedicine Adoption Trends
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Strategic Partnerships Formation : Strategic partnerships formation is becoming increasingly vital in the global heart failure Point-of-Care (POC) and Lab-On-a-Chip (LOC) devices market. These collaborations bring together the expertise, resources, and capabilities of different organizations to drive innovation, expand market reach, and address complex challenges in heart failure management.
Firstly, strategic partnerships enable technology companies to leverage their strengths in device development and manufacturing while collaborating with healthcare providers and research institutions to validate and refine their products. By partnering with clinical experts and academic institutions, device manufacturers can gain valuable insights into the specific needs and preferences of healthcare professionals and patients, ensuring that their POC and LOC devices meet clinical standards and are clinically relevant.
Strategic partnerships facilitate access to complementary technologies and capabilities that may be necessary for the successful implementation of POC and LOC devices in heart failure management. For example, partnerships between device manufacturers and data analytics companies can enable the integration of advanced analytics and artificial intelligence algorithms into POC and LOC devices, enhancing their diagnostic accuracy and predictive capabilities.
Strategic partnerships play a crucial role in market expansion and penetration by providing access to new distribution channels, regulatory expertise, and market intelligence. Collaborations between device manufacturers and established healthcare organizations or distributors can expedite market entry and navigate regulatory hurdles, particularly in unfamiliar or highly regulated markets. Additionally, partnerships with local healthcare providers and key opinion leaders can help build trust and credibility within the medical community and facilitate adoption of POC and LOC devices in clinical practice.
Strategic partnerships formation is essential for driving innovation, market expansion, and adoption of POC and LOC devices in heart failure management. By fostering collaboration across different stakeholders, including technology companies, healthcare providers, research institutions, and regulatory bodies, these partnerships have the potential to accelerate the development and deployment of innovative solutions that improve patient outcomes and transform the delivery of care for individuals with heart failure globally.
Competitive Landscape Analysis
Key players in Global Heart Failure POC & LOC Devices Market include:
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthineers
- Philips Healthcare
- Medtronic plc
- Boston Scientific Corporation
- LivaNova PLC
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Test Type
- Market Snapshot, By Technology
- Market Snapshot, By End User
- Market Snapshot, By Region
- Heart Failure POC & LOC Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Aging Population Demographics
- Increasing Healthcare Expenditure
- Rising Disease Prevalence
- Demand for Remote Monitoring
- Restraints
- High Cost Barriers
- Limited Reimbursement Policies
- Regulatory Approval Challenges
- Reliability Concerns
- Infrastructure Limitations
- Opportunities
- Emerging Markets Expansion
- Personalized Healthcare Solutions
- Wearable Technology Integration
- Telemedicine Adoption Trends
- Strategic Partnerships Formation
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Heart Failure POC & LOC Devices Market, By Test Type, 2021 - 2031 (USD Million)
- Proteomic Testing
- Metabolomic Testing
- Genomic Testing.
- Heart Failure POC & LOC Devices Market, By Technology, 2021 - 2031 (USD Million)
- Microfluidics
- Array-based Systems
- Others
- Heart Failure POC & LOC Devices Market, By End User, 2021 - 2031 (USD Million)
- Clinics
- Hospital
- Home
- Assisted Living Healthcare Facilities
- Laboratory
- Heart Failure POC & LOC Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Heart Failure POC & LOC Devices Market, By Test Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott Laboratories
- Roche Diagnostics
- Siemens Healthineers
- Philips Healthcare
- Medtronic plc
- Boston Scientific Corporation
- LivaNova PLC
- Company Profiles
- Analyst Views
- Future Outlook of the Market