Home Diagnostics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Home Diagnostics Market was valued over US$ 5.34 Bn in 2020. It is projected to expand at a CAGR of 4% from 2021 to 2027.

A home diagnosis, also called a self-diagnostic test, is a test performed on a sample taken from the body. These samples may contain blood, urine, or saliva to detect health conditions or diseases at home. Home diagnostics are popular among patients because these tests are fast, cost-effective, and confidential. Home diagnostics usually come in the form of cassettes, strips, digital monitoring devices, cups, and dip cards. Rapid advances in sensing technologies for the development of fast, easy-to-use, safe and sensitive devices are accelerating the growth of the global home diagnostics market.

Market Segments

By Test Type

• Glucose Monitoring Devices
• Pregnancy Test
• HIV Test Kits
• Ovulation Predictor Test Kits
• Cholesterol Detection Test Kits
• Drug of Abuse Test Kits
• Others

Key Players

• Abbott Laboratories
• ACON Laboratories Inc.
• BTNX Inc.
• ARKRAY Inc.
• Assure Tech (Hangzhou) co. Ltd.
• Becton Dickinson & Company
• Bionime Corporation
• Roche Holding AG

Scope of the Report

The research study analyzes the global Home Diagnostics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Home Diagnostics Market Report

1. What was the Home Diagnostics Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Home Diagnostics Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Home Diagnostics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.