Precedence Research analyzes the new publication titled “Home Diagnostics Market (By Test Type: Glucose Monitoring Devices, Pregnancy Test, Ovulation Predictor Test Kits, HIV Test Kits, Cholesterol Detection Kits, Infection Testing Kits, Drug of Abuse Test Kits, and Others; By Form: Cassettes, Midstream, Instruments, Strips, Test, Digital Monitoring, Dip Cards; By Distribution Channel: Retail Pharmacies, Drug Stores, Hypermarket & Supermarkets, Online Pharmacies) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030”, As per the report, the home diagnostics market size was US$ 5.2 billion in 2020. It is projected to grow US$ 8.15 billion by 2030 at a CAGR of 4.6% in the forecast period.
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Market Overview
A recent study by Precedence Research on the home diagnostics market offers a forecast for 2021 and 2030. The study analyzes crucial trends that are currently determining the growth of the home diagnostics market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of home diagnostics. The study also provides the dynamics that are responsible for influencing the future status of this market over the forecast period.
A detailed assessment of the home diagnostics market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the home diagnostics market along with their product portfolio enhances the reliability of this comprehensive research study.
Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
Key Points
- Primary Research
- Secondary Research
- Market Size Estimation
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges
- Macroeconomic Indicators
- Technology Trends and Assessment
- Market Factor Analysis
- Porter’s Five Forces Analysis
- Bargaining Power Of Suppliers
- Bargaining Power Of Buyers
- Threat Of New Entrants
- Threat Of Substitutes
- Intensity Of Rivalry
- Value Chain Analysis
- Investment Feasibility Analysis
- Pricing Analysis
Research Methodology
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, the structure of the market participants and industry's competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Industry participants involved in this research study include:
- CEOs, VPs, market intelligence managers
- Procuring and national sales managers technical personnel, distributors and resellers
- Research analysts and key opinion leaders from various domains
Competition Landscape
In the final section of the report on the global home diagnostics market, a 'dashboard view' of the companies has been provided to compare the current market scenario and the contribution of companies to the global home diagnostics market. Moreover, the report is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to segments of the global market. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the home diagnostics marketplace.
Some of the prominent players in the global home diagnostics market include:
- Abbott Laboratories
- BTNX, Inc.
- Becton Dickinson & Company
- ACON Laboratories, Inc.
- ARKRAY Inc.
- Roche Holding AG
- Assure Tech
- SA Scientific
- Zeotis Inc.
- Bionime Corporation
- Quidel Corporation
Market Segmentation
Segments of the global home diagnostics market have been analyzed in terms of their market share to understand an individual segment’s relative contribution to market growth. This detailed level of information is important for identifying key trends in the global home diagnostics market.
Market Segments as below:
By Test Type
- Glucose Monitoring Devices
- Pregnancy Test
- Ovulation Predictor Test Kits
- HIV Test Kits
- Cholesterol Detection Kits
- Infection Testing Kits
- Drug of Abuse Test Kits
- Others
By Form
- Cassettes
- Midstream
- Instruments
- Strips
- Test
- Digital Monitoring
- Dip Cards
By Distribution Channel
- Retail Pharmacies
- Drug Stores
- Hypermarket & Supermarkets
- Online Pharmacies
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Table of Content
By Test Type
- Glucose Monitoring Devices
- Pregnancy Test
- Ovulation Predictor Test Kits
- HIV Test Kits
- Cholesterol Detection Kits
- Infection Testing Kits
- Drug of Abuse Test Kits
- Others
By Form
- Cassettes
- Midstream
- Instruments
- Strips
- Test
- Digital Monitoring
- Dip Cards
By Distribution Channel
- Retail Pharmacies
- Drug Stores
- Hypermarket & Supermarkets
- Online Pharmacies
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
Why Buy this Report?
The purpose of Precedence Research's home diagnostics market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
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