Global Home Testing Kits Market
- Industry Trends and Forecast to 2028
The Home Testing Kits Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
At-home testing kits are testing instruments that allow people to perform tests at home and receive results within a minute. Health testing instruments include health monitoring equipment for regular checking and controlling the health of various diseased patients like diabetes, HIV, and other infectious diseases. It is more convenient and comfortable to perform the test at home by using home test kits. These kits are self-testing kits and are advanced versions of the fast, point-of-care test kits that were created for healthcare professionals. Manufacturers are designing the kits for the strategy of wellness and prevention, and management of acute as well as chronic disorders. The variety of home test kits available in the market such as HIV tests, pregnancy tests, diabetes, ovulation test, and infectious diseases such as malaria, COVID-19, and others. In recent years there is rising the use of self-help and do-it-yourself (DIY) test kits because of the convenience to use and rapid results which significantly drives the market of the home test kit.
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An in-depth analysis of demand forecasts, market tendencies, and key micro and macro variables is included in the research. The factors that are driving and inhibiting the growth of the Home Testing Kits market are also revealed in the report. Using analytical tools like Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Home Testing Kits market, the study provides insights into the industry. Further, it examines current market trends and gives predictions from 2022-2028. We have also highlighted upcoming market trends that will have an impact on demand within the anticipated time frame. In addition, the competition analysis included in each regional market sheds light on the market share of the major players.
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Key Industry Players in Testing Kits Market:
• Abbott(US)
• ACON Laboratories Inc. (US)
• Rapikit (US)
• BTNX INC. (Canada)
• bioLytical Laboratories Inc. (Canada)
• OraSure Technologies Inc. (USA)
• BD (US)
• Cardinal Health (USA)
• B. Braun Melsungen AG (Germany)
• Piramal Enterprises Ltd. (India)
• PRIMA Lab SA (Switzerland)
• Siemens Healthcare GmbH (Germany)
• Quidel Corporation (California)
• Bionime Corporation (California)
• SA Scientific (US)
• ARKRAY USA Inc. (USA)
• Everlywell Inc. (US)
• Nova Biomedical (Waltham, MA)
• Eurofins Viracor Inc. (US)
• SelfDiagnostics OU (Estonia)
• AdvaCare Pharma (Shanghai)
• AccuBio Tech Co. Ltd (China)
• BioSure (UK)
• Atlas Medical (UK)
• TaiDoc Technology Corporation (Taiwan)
• LifeScan IP Holdings LLC (Switzerland)
• Chembio Diagnostics Inc. (US)
• Drägerwerk AG & Co. KGaA (Germany)
• F. Hoffmann-La Roche Ltd. (Switzerland), and other major players.
The latest research on the Home Testing Kits market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Home Testing Kits industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Home Testing Kits market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Key Chapter Will Be Provided In The Report:
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter’s Five Forces Analysis
• Pestle Analysis
By Region: • North America (U.S., Canada, Mexico) • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC) • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA) • South America (Brazil, Argentina, Rest of SA)
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The worldwide outbreak of the COVID-19 pandemic, followed by a long-term nationwide and global lockdown to curb contagion proved difficult for the manufacturing and logistics sectors. As a result, the home testing kits market is anticipated to witness a breach in the demand and supply of testing devices. The market experienced an unexpected increase in the demand for home testing kits like infrared thermometer and glucometer on account of the lockdown following the outbreak.
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