Europe At-Home Testing Kits Market, By Test Type (Pregnancy Test, HIV Test Kit, Diabetes, Infectious Diseases, Glucose Tests, Ovulation Predictor Test Kit, Drug Abuse Test Kit and Other Test Types), Type (Cassette, Strip, Midstream, Test Panel, Dip Card and Other Form Types), Age (Pediatric, Adult and Geriatric), Sample Type (Urine, Blood, Saliva and Other Sample Types), Usage (Disposable and Reusable), Distribution Channels (Retail Pharmacies, Drug Store, Supermarket/Hypermarket and Online Pharmacies), Country (U.K, Germany, France, Netherlands, Italy, Russia, Spain, Switzerland, Turkey, Belgium and Rest of Europe) Industry Trends and Forecast to 2028
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 5.1% in the forecast period of 2021 to 2028 and expected to reach USD 2,190.87 million by 2028. Increasing health awareness among people is helping the at-home testing kits market to grow at significant rate.
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.
This at-home testing kits market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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.
At-Home Testing Kits Market Country Level Analysis
The at-home testing kits market is analysed and market size information is provided by the country, test type, type, age, sample type, usage and distribution channels as referenced above.
The countries covered in Europe at-home testing kits market report are U.K, Germany, France, Netherlands, Italy, Russia, Spain, Switzerland, Turkey, Belgium and Rest of Europe.
Germany is dominating in the Europe at-home testing kits market due to rise in infectious diseases in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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.
Competitive Landscape and At-home Testing Kits Market Share Analysis
At-home testing kits market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe at-home testing kits market.
The major players covered in the report are Abbott, ACON Laboratories, Inc., Rapikit, BTNX INC., OraSure Technologies, Inc., BD, Cardinal Health, B. Braun Melsungen AG, Piramal Enterprises Ltd., PRIMA Lab SA, Siemens Healthcare GmbH, Quidel Corporation, Bionime Corporation, SA Scientific, ARKRAY USA, Inc., VedaLab, Ascensia Diabetes Care Holdings AG, Nova Biomedical, Atlas Medical UK, BioSure UK, SelfDiagnostics, Chembio Diagnostics, Inc., Drägerwerk AG & Co. KGaA, F. Hoffmann-La Roche Ltd, Biosynex, TaiDoc Technology Corporation, Atomo Diagnostics, Sensing Self, PTE. Ltd, Sensing Self, PTE. Ltd, Sterilab Services, Mylan N.V. (a subsidiary of Viatris, Inc.), MP BIOMEDICALS among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the at-home testing kits market.
- In December 2020, ACON Laboratories, Inc., a leading global provider of rapid tests, medical devices and point of care diagnostics provider has announced that they have received clearance for its Distinct Early Detection Pregnancy test from FDA Over-The Counter (OTC). With this clearance from FDA, the company will allow launch their product in the market and increase their portfolio.
Product launch, acquisition and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for at-home testing kits through product portfolio of the companies.
Customization Available: Europe At-Home Testing Kits Market
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