AT-Home Testing Market Size (USD 45.58 Billion by 2031) Set to Reach New Heights: Analysis of Trends and Growth Drivers

At-Home Testing Market Size 2023

At-Home Testing Market Size 2023

The Report offers a detailed analysis of changing market trends, segments, key investment pockets, value chains, regional landscape, & competitive scenario.

PUNE, MAHARASHTRA, INDIA, March 20, 2023 /EINPresswire.com/ -- At-home testing, also known as "self-tests" or "home-use tests," is frequently available over the counter (OTC) and enables consumers to test self-collected specimens and interpret the results without the aid of qualified healthcare experts. These tests are distinct from home-collection tests, which call users a few days later with the results after the user mails samples to a lab or clinic for analysis. At-home testing can be used for a variety of purposes, including monitoring chronic conditions, screening for diseases, and diagnosing infections or illnesses. Examples of at-home testing include pregnancy tests, blood glucose monitors, and COVID-19 test kits.

Allied Market Research has published a study report with the title AT-Home Testing Market Size was Valued at USD 16.66 billion in 2021 and is Anticipated to Hit USD 45.58 billion by 2031, registering a CAGR of 10.5% from 2022 to 2031.

Covid-19 Scenario:

The outbreak of the COVID-19 pandemic impacted the at-home testing market positively, owing to the increased demand for self-testing kits.
The pandemic raised awareness among consumers regarding the use of self-testing kits, which is why, more people adopted self-help testing kits due to several restrictions in place.

The increased demand and production of at-home testing kits such as glucose monitoring devices, infectious diseases test kits, and other at-home testing kits increased the net revenue of firms working with the manufacturing and distribution of testing and diagnostic devices.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ ๐‡๐ž๐ซ๐ž: https://www.alliedmarketresearch.com/request-sample/32316

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐Ž๐Ÿ ๐€๐ญ-๐‡๐จ๐ฆ๐ž ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ?

Rise in awareness about the advantages offered by home-testing devices, rise in prevalence of chronic diseases, increase in the demand for HIV testing kits, diabetes kits, and various others, and the easy availability of self-testing kits at online stores and pharmacies without any prescription drive the growth of the global at-home testing market. By test type, the glucose test kits segment would maintain its leadership through 2031.

๐“๐จ๐ฉ ๐€๐ญ-๐‡๐จ๐ฆ๐ž ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

โ€ข Emotiv, Inc.
โ€ข Brain Scientific
โ€ข Advanced Brain Monitoring
โ€ข Masimo Corporation
โ€ข Neuronetrix Solutions, LLC
โ€ข Quantum Sensors
โ€ข the brain resource company
โ€ข Neurosky, Inc.
โ€ข Neuroelectrics

๐€๐ญ ๐‡๐จ๐ฆ๐ž ๐“๐ž๐ฌ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐œ๐š๐ง ๐›๐ž ๐๐จ๐ง๐ž ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :

The report offers a detailed segmentation of the global at-home testing market based on test type, age group, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

By Test Type

โ€ข Drugs of Abuse Test Kits
โ€ข Coagulation Monitoring Tests
โ€ข Others
โ€ข Glucose Test Kits
โ€ข Infectious Diseases Test Kits
โ€ข Pregnancy Test Kits
โ€ข Cholesterol Test Strips

By Age Group

โ€ข Pediatric
โ€ข Adult
โ€ข Geriatric

By Distribution Channel

โ€ข Retail Pharmacies
โ€ข Hospital Pharmacies
โ€ข Online Pharmacies

Based on region, the market in North America was the largest in 2021, accounting for two-fifths of the global at-home testing market share and is likely to maintain its leadership status during the forecast period. However, the market in Asia-Pacific is expected to manifest the highest CAGR of 11.6% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/32316

Our Market Research Solution Provides You Answer to Below Mentioned Question:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โ€ข Which region has more opportunities?

By Region Outlook

โ€ข North America
(U.S., Canada, Mexico)
โ€ข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โ€ข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โ€ข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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