Home Diagnostics Market 2028 By Test Type, Form, Sample Type, Distribution Channel and Geography | The Insight Partners

report image

Home Diagnostics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Test Type (Glucose Monitoring Devices, Pregnancy Test, HIV Test Kits, Cholesterol Detection Test Kits, Drug of Abuse Test Kits, Others); Form (Cassettes, Strips, Midstream, Digital Monitoring Instruments , Tests Panel, Dip Cards); Sample Type (Blood, Urine, Saliva, Others); Distribution Channel (Retail Pharmacies, Drug Stores, Hypermarkets / Supermarkets, Online Pharmacies) and Geography

Report Code: TIPRE00024308 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

MARKET OVERVIEW

Home diagnostic kits allow the users to check and monitor their health conditions at their homes. It includes various tests such as testing blood samples, glucose levels, and cholesterol, and others. These are popular among people as these tests are cost-effective, quick, and confidential. These are found in various forms, such as digital monitoring instruments, strips, dip cards, cups, and cassettes. These kits have innovative technology such as artificial intelligence (AI) and internet of things (IoT).

MARKET SCOPE

The "Global Home Diagnostics Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the home diagnostics market with detailed market segmentation by test type, form, sample type, distribution channel, and geography. The report provides key statistics on the market status of the leading home diagnostics market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •  Based on test type, the global home diagnostics market is segmented into glucose monitoring devices, pregnancy test, HIV test kits, cholesterol detection test kits, drug of abuse test kits and others.
  •  Based on form, the market is segmented into cassettes, strips, midstream, digital monitoring instruments, test panel and dip cards.
  •  On the basis of sample type, the market is bifurcated into blood, urine, saliva and others.
  •  On the basis of distribution channel, the market is bifurcated into retail pharmacies, drug stores, hypermarkets / supermarkets and online pharmacies.

MARKET DYNAMICS
Drivers:

  •  Increase in the incidences of various lifestyle-associated and infectious diseases such as diabetes, obesity.
  •  Technological advancements such as IoT and AI.
  •  Increase in demand for quick test results.
  •  Rise in awareness of home care testing among the population.

Restraints:

  •  Stringent rules and regulations.
  •  Lack of accessibility of these devices in underdeveloped countries.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The home diagnostics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the home diagnostics market in these regions.

IMPACT OF COVID-19ON HOME DIAGNOSTICS MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. With increasing cases of COVID-19, the people were restricted to their homes, along with travel and non-essential outdoor activities banned for months. However, the implementation of restrictive measures such as lockdown in various countries forced people to stay at home, resulting in surged demand for home diagnostic services. Moreover, people were hesitant to visit hospitals, clinics, and labs for diagnostics tests due to fear of virus transmission; as a result, the demand for home-based diagnostics increased considerably. Also, a shift towards preventative healthcare rather than curative treatment and the benefit of home diagnostics in keeping health track increased the demand for such kits. Therefore, the home diagnostics market is expected to witness growth during the forecast period.



Get more information on this report :

MARKET PLAYERS


The report covers key developments in the home diagnostics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from home diagnostics market are anticipated to have lucrative growth opportunities in the future with the rising demand for home diagnostics in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the home diagnostics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  Becton Dickinson & Company
  •  Abbott Laboratories
  •  BTNX Inc.
  •  ACON Laboratories Inc.
  •  Bionime Corporation
  •  Roche Holding AG
  •  Thermo Fisher Scientific, Inc.
  •  Siemens Healthineers
  •  Quidel Corporation
  •  True Diagnostics Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


Get more information on this report :

The List of Companies

1. Becton Dickinson and Company
2. Abbott Laboratories
3. BTNX Inc.
4. ACON Laboratories Inc.
5. Bionime Corporation
6. Roche Holding AG
7. Thermo Fisher Scientific, Inc.
8. Siemens Healthineers
9. Quidel Corporation
10. True Diagnostics Inc.
TIPRE00024308
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market




tip-analyst

Have a question?

Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Speak To Analyst
Pricing
  • $3000
  • $4550
  • $6550
  • $8550

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount