Fact.MR Study: How Has Coronavirus Boosted the Potential of Home Diagnostics?

The new report on the Home Diagnostics market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2015 – 2019. Fact.MR’s study predicts that the global home diagnostics market will expand at a healthy CAGR of around 5% through 2030. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Home Diagnostics market.

“The COVID-19 pandemic has disrupted several sectors, but has benefitted the home diagnostics market, as people are more inclined to stay indoors and self-test when possible, due to increased risk going to hospitals," says a Fact.MR analyst.

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To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:

North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
Japan
APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)

The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.

The study provides detailed profile of key players and their offering in the Home Diagnostics market, which include

Abbott Laboratories, ACON Laboratories Inc., BTNX Inc., ARKRAY Inc., Assure Tech (Hangzhou) co. Ltd., Becton Dickinson & Company, Bionime Corporation, Roche Holding AG, Quidel Corporation, and True Diagnostics Inc.

The report offers insight into the competitive dynamic in the Home Diagnostics market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research investments, of each prominent player. The key factors that shape the entry barrier and intensity of competition in the Home Diagnostics market are presented in the analysis. Further, the study provides Pestle analyses of numerous players and an evaluation of how the competitive landscape will evolve over the forecast period. 

On the basis of Form, the global Home Diagnostics market report offers insights into the opportunities and new avenues of following key segments:

Cassettes
Strips
Midstream
Digital Monitoring Instruments
Test Panels
Cups
Dip Cards
By Distribution Channel,

Retail Pharmacies
Drug Stores
Supermarkets/Hypermarkets
Online Pharmacies
By Sample Type,

Urine
Blood
Saliva
Others 

In order to analyze growth prospects in aforementioned segments in the global Home Diagnostics market, the study assesses demand and consumption patterns of following Test Type segments 

Glucose Monitoring Devices
Pregnancy Test
HIV Test Kits
Ovulation Predictor Test Kits
Cholesterol Detection Test Kits
Drug of Abuse Test Kits
Marijuana Kits
Opiates Kits
Benzodiazepines Kits
Alcohol Abuse Kits
Others
Others
Male infertility Test Kits
Urinary Tract
Infections Test
Menopause Test Kits
Fecal Occult Blood Test
Others

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The global Home Diagnostics market report answers numerous pertinent questions, some of which are:

What are some of the latent areas of investments in the Home Diagnostics market?
Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
What trends are likely to change the status quo of the positions held by leading players of the Home Diagnostics market in the not-so-distant future?
Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Home Diagnostics market?
What are the strategies adopted by top players to retain their stronghold in the Home Diagnostics market?
Which strategic moves will new entrants adopt to gain a strong foothold in the Home Diagnostics market?

How can Fact.MR Make Difference?

In-depth understanding of key industry trends shaping the present growth dynamics
Offers value chain analysis and price trend analysis of various offering of competitors
Offers data-drive decision to help companies decide strategies that need recalibration
Offers insights into areas in research and development that should attract

Identifies data outliers before your competitors
Media Release:  https://www.factmr.com/media-release/1786/home-diagnostics-market-trend

 

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About Us

Fact.MR is an independent, pure play market intelligence firm incorporated with an objective to deliver high quality, customized market research solutions that help our clients successfully go to the market equipped with actionable insights capable of impacting crucial business decisions.

This release was published on openPR.