Press release
Home Diagnostics Kit Manufacturers Abbott Laboratories Fighting for Consumers Attention | The United States of America is the leading market Unveils Fact.MR
A recent study by Fact.MR on the home diagnostics market offers a 10-year forecast for 2020 to 2030. The study analyzes crucial trends that are currently determining the growth of this sector. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders. The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period.Click HERE to Get Complete Synopsis of the Report- https://www.factmr.com/report/1892/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.
The coronavirus pandemic has led to rapid rise in the demand for home diagnostic equipment. Individuals with health issues such as diabetes and other chronic diseases are likely to be affected by Covid-19 worse than others, and, as such, need to keep their health in check to avoid any complications.
To Get more insights on prepackaged medical kits and trays market, request a sample report- https://www.factmr.com/connectus/sample?flag=S&rep_id=1892
Practice of diagnostic tests at home for periodic health checkups, contagious diseases, flu, and so on has been rising over the years, due to convenience and ease of operation. Technological advancements in automatic analyzers, and advanced devices that give instantaneous results of tests, are augmenting growth of the home diagnostics market, globally.
Fact.MR’s study predicts that the global home diagnostics market will expand at a healthy CAGR of around 5% through 2030.
Key players that are dominating the home diagnostics market 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
True Diagnostics Inc.
Runhe Biomedical Technology (Shantou) Co., Ltd.
SA Scientific
For comprehensive insights on this market adoption, ask an analyst here: https://www.factmr.com/connectus/sample?flag=AE&rep_id=1892
Key Takeaways from Report
There has been an increase in the adoption of digital home diagnostics to improve disease diagnosis. Market players have innovatively introduced digital home diagnostics through various technologies aligned with the growth of smartphone users, which makes accessibility easier.
The industry faces limitations due to compliance of strict laws laid down by regulatory bodies such as the FDA and EU, so as to keep quality and accuracy in check.
Home diagnostics are yet to penetrate developing economies on a large scale.
Glucose monitoring, pregnancy testing, and infection tests are the most widely used types across the world.
Urine diagnosis is by far the most widely used sampling method for home diagnostic purposes.
North America leads as far as demand for home diagnosis is concerned, followed by Europe.
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/1892
Home Diagnostics Market Segmentation by Category
By Test Type
Glucose Monitoring Devices
Pregnancy Test
HIV Test Kits
Ovulation Predictor Test Kits
Cholesterol Detection Test Kits
Drug of Abuse Test Kits
By Form
Cassettes
Strips
Midstream
Digital Monitoring
Instruments
Test
Dip Cards
Regional Market and Country-wise Segmentation
North America
USA
Latin America
Europe
France
Asia Pacific
Middle East
Africa
China
By Distribution Channel
Retail Pharmacies
Drug Stores
Hypermarkets / Supermarkets
Online Pharmacies
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=1892
Collaborative Efforts Top Manufacturers’ Priority
Fact.MR finds that, the number of people suffering from hearing loss has encouraged stakeholders in the home diagnostics market to introduce advanced hearing assessment kits.
Leading market players such as Quidel Corporation are setting the bar high. Roche Holding AG partnered with GE Healthcare to deliver data-driven diagnostics, which include tests that critical care patients can use at home. ARKRAY, Inc. is now in an agreement with leading diagnostics manufacturers to deliver diagnostics in the Indian healthcare system.
Some of the key players in the home diagnostics market are ACON Laboratories Inc, BTNX Inc, Assure Tech (Hangzhou) co. Ltd. Becton Dickinson & Company, Bionime Corporation, and True Diagnostics Inc., who are integrating innovative technologies to further improve performance features, such as efficiency and accuracy, to gain a competitive edge in this space.
For More Insights: https://www.prnewswire.com/news-releases/will-improving-consumer-confidence-boost-ceiling-tile-sales-new-factmrs-study-explores-301218971.html
Valuable Insights into the Report
Fact.MR provides a detailed overview of the home diagnostics market, concerning the pivotal drivers impacting the revenue graph of this business. Current trends are based on regional landscape, demand, and growth graph. Based on region, the market is segmented into North America, Latin America, Europe, Asia Pacific, China, and the Middle East and Africa.
These markets are divided into four categories, based on test type (glucose monitoring devices, pregnancy tests, HIV test kits, ovulation predictor test kits, cholesterol detection test kits, drug of abuse test kits, and others), form (cassettes, strips, midstream, digital monitoring instruments, test panels, cups, and dip card), distribution channel (retail pharmacies, drug stores, supermarkets, and online pharmacies), and sample type (blood, saliva, and urine).
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