U.S. At-Home Testing Kits Market Size, Share, Emerging Trends, Key Growth Drivers, Challenges and Industry Revenue Outlook
The Latest released U.S. At-Home Testing Kits Market Research Report provides a detailed assessment of Key and emerging players showcasing company profiles, product/service offerings, market price, and sales revenue to better derive market size estimation. The most appropriate, exclusive, realistic, and admirable U.S. At-Home Testing Kits Market research report is delivered with loyalty to all business needs.
The at-home testing kits market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.70% in the forecast period of 2021 to 2028 and is expected to reach USD 2,871.49 million by 2028. Increasing health awareness among people is helping the at-home testing kits market to grow at significant rate.
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At-home testing kits means testing instruments which help person to perform tests at home and give them rapid results in a minute. It also includes health monitoring equipment to continuously check and control the health of the diabetic patient. At-home tests are very convenient to perform with comfort at home and are available at very affordable rate. Self-tests are usually the advance versions of rapid, point-of-care test kits that were originally designed for healthcare professionals and can be performed by common person.
The rising adoption of self-help and do-it-yourself (DIY) test kits due to convenience and rapid results is a major factor which is driving the growth of the at-home testing kits market. There are doubts among end-users related to the reliability of the rapid home testing kits which might hinder the growth of the at-home testing kits market. It has become an urgent need of the companies to bring the rapid testing kits for COVID-19 to lower the death rate and increase the detection rate of patients and this is creating huge opportunity for the at-home testing kits market. The high competition in the market is a major challenge for the at-home testing kits market growth.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
The major players covered in the U.S. at-home testing kits market report are Abbott, ACON Laboratories, Inc., Rapikit, OraSure Technologies, Inc, BD, Cardinal Health, B. Braun Melsungen AG, Piramal Enterprises Ltd., Siemens Healthcare GmbH, Quidel Corporation, Bionime Corporation, SA Scientific, ARKRAY USA, Inc., Everlywell, Inc., Eurofins Viracor, Inc. (a subsidiary of Eurofins Scientific), Nova Biomedical, AdvaCare Pharma, Atlas Medical UK, LifeScan IP Holdings, LLC, Chembio Diagnostics, Inc., TaiDoc Technology Corporation, Drägerwerk AG & Co. KGaA, AccuBioTech Co., Ltd, F. Hoffmann-La Roche Ltd, Sensing Self, PTE. Ltd, RUNBIO BIOTECH CO.,LTD., Clearblue (a subsidiary of CLEAR BLUE TECHNOLOGIES INC.), PRIMA Lab SA, Mylan N.V. (a subsidiary of Viatris, Inc.), MP BIOMEDICALS, VedaLab and Ascensia Diabetes Care Holdings AG among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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At-Home Testing Kits Market Scope and Market Size
The at-home testing kits market is segmented on the basis of test type, type, age, sample type, usage and distribution channels. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of test type, the at-home testing kits market is segmented into pregnancy test, HIV test kit, diabetes, infectious diseases, glucose tests, ovulation predictor test kit, drug abuse test kit and other test types. In 2021, glucose tests segment augment the at-home testing kits market due to the increasing awareness of people towards staying healthy.
- On the basis of type, the at-home testing kits market is segmented into cassette, strip, midstream, test panel, dip card and other form types. In 2021, cassette segment dominates the overall at-home testing kits market as people are adopting self-tests to verify their health conditions at a convenience of home at low costs.
- On the basis of age, the at-home testing kits market is segmented into pediatric, adult and geriatric. In 2021, adult segment holds the maximum at-home testing kits market share as self-testing is very convenient, economical and it provides privacy to the person.
- On the basis of sample type, the at-home testing kits market has been segmented into urine, blood, saliva and other sample types. In 2021, urine segment dominates the at-home testing kits market as increasing the testing capacity and favourable government policies for self-tests are driving the segment growth.
- On the basis of usage, the at-home testing kits market is segmented into disposable and reusable. In 2021, disposable segment augments the at-home testing kits market due to the high prevalence of HIV which has fuelled the adoption of HIV self-test kits.
- On the basis of distribution channels, the at-home testing kits market is segmented into retail pharmacies, drug store, supermarket/hypermarket and online pharmacies. In 2021, retail pharmacies segment holds the strong share in at-home testing kits market due to the favourable government initiatives to increase awareness among people.
Rising Awareness for HIV Diagnosis
The at-home testing kits market also provides you with detailed market analysis for every country growth in installed base of different kind of products for at-home testing kits, impact of technology using life line curves and changes regulatory scenarios and their impact on the at-home testing kits market. The data is available for historic period 2011 to 2019.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
-
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF U.S. AT-HOME TESTING KITS MARKET
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 DBMR TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELLING
2.7 TEST TYPE LIFELINE CURVE
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.9 DBMR MARKET POSITION GRID
2.1 VENDOR SHARE ANALYSIS
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
Continued…
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Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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