The At Home Testing Market Research Report – Size, Share, Emerging Trends, Historic Analysis, Industry Growth Factors, And Forecast 2029


Posted August 26, 2023 by Shitalmax

The At Home Testing Market size was valued at USD 16.66 Billion in 2022 and the total At Home Testing Market is expected to grow at a CAGR of 10.5% from 2023 to 2029, reaching nearly USD 45.58 Billion.
 
At Home Testing Market Overview:

The At Home Testing market research provides a comprehensive insight into the competition, including the market share and company profiles of the world's biggest rivals. The research scope covers a comprehensive examination of the At Home Testing Market, as well as the causes for variances in the industry's growth across a variety of sectors.

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Market Scope:

Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

Dynamics:

The market for at-home testing is expanding as a result of the rising demand for telemedicine. By minimizing contact with healthcare facilities, healthcare personnel, and patients, telemedicine has gained popularity as a way to reduce the risk of COVID-19 transmission. Telemedicine was widely employed during the epidemic in China, where online mental health surveys and communication apps like Weibo, TikTok, and WeChat were used to deliver mental health services in a secure online environment. These elements have helped the market for at-home testing expand.

Segmentation:

Based on test type, the AT Home Testing Market is divided into glucose tests, infectious diseases test kits, pregnancy test kits, cholesterol test strips, drug of abuse test kits, coagulation monitoring test kits, and other test types. The segment of glucose test kits dominated the global market in 2021, and this pattern is anticipated to persist over the course of the forecast period. The market for at-home testing is expanding as a result of the rising prevalence of diabetes and the need for glucose test kits.

by Test Type

1.Glucose Test Kits,
2.Infectious Diseases Test Kits
3.Pregnancy Test Kits
4.Cholesterol Test Strips,
5.Drugs of Abuse Test Kits
6.Coagulation Monitoring Tests
7.Other

by Age Group

1.Pediatric
2.Adult
3.Geriatric

by Distribution Channel

1.Retail Pharmacies
2.Hospital Pharmacies
3.Online Pharmacies

Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The biggest players in the At Home Testing market are as follows:

1.Abbott
2.Siemens Healthcare GmbH
3.F. Hoffmann-La Roche Ltd, BD
4.Drägerwerk AG & Co. KGaA,
5.LifeScan IP Holdings
6. LLC, Ascensia Diabetes Care Holdings AG.
7. Nectar Lifesciences Ltd. (Rapikit),
8.ACON Laboratories, Inc.,
9. Quidel Corporation.,
10. ARKRAY USA, Inc., BTNX INC.,
11.Atomo Diagnostics, Eurofins Scientific,
12.Piramal Enterprises Ltd., Bionime Corporation.
13.Nova Biomedical, Cardinal Health.
14. OraSure Technologies,
15.Biolytical Laboratories Inc.
16. Everlywell, Inc., SA Scientific Ltd.
17. Clearblue
18.Biosynex,
19.PRIMA Lab SA
20.MP BIOMEDICALS.
21.Sterilab Services
22.Chembio Diagnostics, Inc.
23.BioSure
24.Selfdiagnostics
25.OUArk

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the At Home Testing market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on At Home Testing Market:

End-user industries where At Home Testing are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for At Home Testing manufacturers, harming the At Home Testing market's growth in 2020. End-user business demand for At Home Testing has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.

Key Questions Answered in the At Home Testing Market Report are:

In 2023, which segment accounted for the most share of the At Home Testing market?
What is the competitive landscape of the At Home Testing market?
What are the key factors influencing At Home Testing market growth?
In the At Home Testing market, which region has the most market share?
What will be the CAGR of the At Home Testing market during the forecast period (2023-2029)?
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Issued By MMR
Country India
Categories Health
Tags theat home testing market , theat home testing market size , theat home testing market share , theat home testing market trend
Last Updated August 26, 2023