Global Self-Testing Market Projected to Grow at 10.3% CAGR, Reaching $24.99 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts

What Will the Self-Testing Industry Market Size Be by 2025?
The market size for self-testing has seen rapid expansion in recent periods. The projection is for it to increase from $15.28 billion in 2024 to $16.9 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.6%. The historical growth can be linked to factors such as educational reform initiatives, the emergence of scientific inquiry and enlightenment, the industrial revolution, advancements in healthcare and preventative medicine, along with the introduction of psychometric tests and personality evaluations.

What's the Long-Term Growth Forecast for the Self-Testing Market Size Through 2029?
The market size of self-testing is projected to experience swift expansion in the coming years. It will escalate to $24.99 billion by 2029, with a compound annual growth rate (CAGR) of 10.3%. The growth during the forecast period can be ascribed to progress in personalized medicine, the surge in telehealth and remote monitoring, the increasing need for mental health support, and the broadening of wearable health technology. Key trends during the forecast period encompass point-of-care testing, data security enabled by blockchain, personalized wellness ecosystems, biohacking and quantified self-movements.

View the full report here:
https://www.thebusinessresearchcompany.com/report/self-testing-global-market-report

What Are the Key Growth Drivers Fueling the Self-Testing Market Expansion?
The self-testing market is anticipated to expand owing to the rising incidence of chronic diseases. Chronic diseases are generally slow-progressing, long-term medical conditions that frequently endure over an extended duration. These diseases often emanate from demographic changes, lifestyle patterns, environmental influences, and advancements in medical care. Self-testing is used extensively in managing chronic diseases, enhancing compliance to treatment regimens, and enabling early identification of any complications or alterations in the patient's situation. For example, a report issued by the US-based National Library of Medicine in January 2023 projected that by 2050, about 142.66 million individuals would have at least one chronic illness, a 99.5% surge from 71.522 million in 2020. As a result, the escalating occurrence of chronic diseases is fuelling the growth of the self-testing market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14792&type=smp

What Are the Key Trends Driving Self-Testing Market Growth?
Leading enterprises in the self-testing market are concentrating on revolutionizing their offerings with highly convenient and innovative solutions like the Cervicheck self-sampling kits, for enhanced accessibility and improved user accuracy. This medical instrument empowers consumers to gather their own biological specimens - such as blood, saliva, urine, or tissue - for diagnostic analyses or testing. In April 2023, India's biotech firm, Pragmatech Healthcare Solutions, unveiled Cervicheck, a ground-breaking self-testing kit devised for screening females for human papillomavirus (HPV), a dominant contributor to cervical cancer cases. The product offers women the liberty to collect samples in the comfort and solitude of their homes, ensuring the challenge of delayed detection due to discomfort in seeking hospital or clinic-based sample collection is addressed. The kit incorporates self-sampling and point-of-care detection, moving towards equipping women with the tools to diagnose cervical cancer in its infancy, in an attempt to lower mortality rates and lessen the implications of late-stage cancer detection.

How Is the Self-Testing Market Segmented?
The self-testing market covered in this report is segmented -

1) By Product: Kits, Devices, Strips
2) By Sample Type: Blood, Urine, Stool, Other Sample Types
3) By Distribution Channel: Online, Offline
4) By Application: Blood Glucose Testing, Pregnancy And Fertility Testing, Cancer Testing, Drug Abuse Testing, Sexually Transmitted Disease Or Sexually Transmitted Infection Testing, Cholesterol Testing, HIV Testing, Thyroid Testing, Other Applications

Subsegments:
1) By Kits: Blood Glucose Testing Kits, Pregnancy Test Kits, Ovulation Test Kits, HIV Test Kits, COVID-19 Test Kits, Allergy Test Kits, Cholesterol Test Kits
2) By Devices: Blood Glucose Meters, Thermometers (Digital, Infrared), Blood Pressure Monitors, Pulse Oximeters, ECG Or EKG Monitors, Pregnancy Test Devices (Electronic), Home Hearing Test Devices
3) By Strips: Blood Glucose Test Strips, Urine Test Strips, Pregnancy Test Strips, Ovulation Test Strips, Cholesterol Test Strips, Urinary Tract Infection (UTI) Test Strips, ket*one Test Strips

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14792&type=smp

Which Companies Are Leading the Charge in Self-Testing Market Innovation?
Major companies operating in the self-testing market are Roche Diagnostics, Thermo Fisher Scientific Inc., Abbott Laboratories, Siemens Healthineers, Becton Dickinson and Company, Hologic Inc., PerkinElmer, BioMérieux, Sysmex Corporation, Bio-Rad Laboratories, Quidel Corporation, Cepheid, OraSure Technologies, Meridian Bioscience Inc., Ancestry.com DNA LLC, 23andMe Inc., MyHeritage Ltd., iHealth Labs Inc., Everly Health Inc., Helix OpCo LLC, BioIQ Inc., Veritas Intercontinental Inc., Pathway Genomics Corporation, Vitagene Inc., Orig3n Inc.

Which Regions Are Leading the Global Self-Testing Market in Revenue?
North America was the largest region in the self-testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the self-testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14792

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.