Over The Counter Test Market 2021 Analysis by Latest Trends, Demand, Key Companies, Sales Data

Adroit Market Research

Over The Counter Test Market

by Technology (Lateral Flow Assays, Immunoassays, and Dipsticks), Product (Glucose Monitoring Tests, Pregnancy & Fertility Tests, Coagulation Monitoring Tests, Urinalysis Tests, Cholesterol Tests, Drugs-Of-Abuse Tests, and Others) Region (North America, Europe, Asia Pacific, Middle East and Africa, Latin America), Global Forecast, 2018 to 2028 Single Use License: US$ +1 (214) 884-6068

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Over The Counter Test Market Size and Share 2028 • The Over the Counter Test market was valued at USD 13.24 billion in 2020 and is expected to grow at a CAGR of 11.2% over the forecast period from 2020 to 2028. The increase in demand for OTC tests is driven purely by the rising prevalence of target diseases and conditions, such as diabetes and infectious diseases, both of which need rapid and effective testing and are globally influential diseases.

• Adroit Market Research report on Over the Counter Test market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for historic as 2018, with the base year of estimation as 2019 and forecast from 2020 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with company positioning based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global Over the Counter Test market have been studied in detail.

• Due to high penetration rates and a wide range of items available on the shelves for consumers, North America has a noticeable share of retail revenue. On the other hand, over the projected timeframe, Asia Pacific is expected to emerge as the most lucrative regional market. The development of the Asia Pacific region is mostly due to the growing number of patients in the region, along with the increasing prevalence of chronic diseases. Besides this, among citizens, there has been a significant awareness of their health.

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Over The Counter Test Market Size and Share 2028 • The global Over the Counter Test market has been bifurcated based on Technology, Product and region. In terms of Technology the market is divided into Lateral Flow Assay, Immunoassays, and Dipsticks. On the basis of product, the segment is divided into Glucose Monitoring Tests, Pregnancy & Fertility Tests, Infectious Disease Tests, Coagulation Monitoring Tests, Urinalysis Tests, Cholesterol Tests, Drugs-of-abuse Tests, and Others. During the forecast timeframe, the lateral flow assays segment is anticipated to grow at a most lucrative CAGR. Due to the growing acceptance of LFA testing products in home care, the lateral flow assay POC testing market has substantially expanded and is likely to do so in near future.

• Key players serving the global market include Roche Diagnostics, Abbott Laboratories, Orasure Technologies, Accubiotech, LIA Diagnostics, Labstyle Innovations, Biolytical Laboratories, Health Lab, Nowdiagnostics Company, Sinocare, among other prominent players.

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Over The Counter Test Market Size and Share 2028 • Key segments of the global Over the Counter Test market • Technology Overview, 2018-2028 (USD Billion) • Lateral Flow Assays

• Immunoassays and Dipsticks • Product Overview, 2018-2028 (USD Billion)

• Glucose Monitoring Tests • Pregnancy & Fertility Tests • Coagulation Monitoring Tests • Urinalysis Tests • Cholesterol Tests • Drugs-Of-Abuse Tests • Others +1 (214) 884-6068

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Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps. Our analysts have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and machinery & equipment sectors across the world to identify new opportunities, potential customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for companies, and many more.

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