Press release
India Home Diagnostic Testing Market Expected to Reach USD 332.6 Million by 2034, Industry Growing at a CAGR of 4.56%
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What is Home Diagnostic Testing?
Home diagnostic testing refers to medical test kits that enable individuals to monitor their health conditions from the comfort of their homes without visiting clinics or hospitals. These include glucose monitors for diabetes management, pregnancy tests, cholesterol detection kits, blood pressure monitors, and infection testing kits. For example, Quick Vitals, an AI-driven health monitoring app developed by Bisam Pharmaceuticals in Hyderabad, allows users to track vital health metrics directly from their smartphones. These innovations have made health monitoring more accessible, especially for managing chronic conditions like diabetes and hypertension, which affect millions of Indians.
Key Market Trends and Drivers:
The India home diagnostic testing market is experiencing robust growth driven by rising health awareness, increasing prevalence of chronic diseases, and growing demand for convenient, at-home healthcare solutions. The broader home healthcare monitoring devices market in India reached USD 768.45 Million in 2024, reflecting the strong shift toward self-monitoring technologies.
Premium and technologically advanced products, such as AI-powered diagnostic apps and digital monitoring devices, are gaining traction among tech-savvy and health-conscious consumers. Growing demand for preventive care and early disease detection is further accelerating market expansion. Major diagnostic chains like Dr Lal PathLabs and SRL Diagnostics (now Agilus Diagnostics) are expanding their home testing services and digital platforms to strengthen their market presence. Additionally, the rise of telemedicine platforms and online pharmacies has enhanced product accessibility, making diagnostic kits readily available to consumers across urban and semi-urban areas, supporting the overall growth of India's dynamic home diagnostic testing market.
Recent News and Developments in India Home Diagnostic Testing Market
October 2023: Dr Lal PathLabs, the largest diagnostic chain in India, announced plans for a significant acquisition to strengthen its presence in South India. The company is considering a strategic deal ranging from Rs 3,000 crore to Rs 4,000 crore to expand its home diagnostic testing capabilities and regional footprint.
May 2023: SRL Diagnostics, a subsidiary of Fortis Healthcare and a leading diagnostic chain in India, underwent a complete rebranding and renamed itself Agilus Diagnostics. The name "Agilus" draws inspiration from the Latin word "agilis," meaning agility, reflecting the company's commitment to delivering faster and more responsive diagnostic services, including home testing solutions.
Recent Development: Quick Vitals, an innovative AI-driven health monitoring application, was launched in India by Bisam Pharmaceuticals Pvt Ltd in Hyderabad. This cutting-edge app enables users to monitor essential health metrics such as blood pressure, heart rate, oxygen saturation, and glucose levels directly from their smartphones or tablets, bringing advanced home diagnostic capabilities to millions of Indian consumers.
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Leading Companies Operating in the India Home Diagnostic Testing Market:
✤ Dr Lal PathLabs
✤ Agilus Diagnostics (formerly SRL Diagnostics)
✤ Bisam Pharmaceuticals Pvt Ltd
✤ Fortis Healthcare
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India Home Diagnostic Testing Market Report Segmentation:
Analysis 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
Analysis by Form:
✤ Cassettes
✤ Midstream
✤ Instruments
✤ Strips
✤ Test
✤ Digital Monitoring
✤ Dip Cards
Analysis by Distribution Channel:
✤ Retail Pharmacies
✤ Drug Stores
✤ Hypermarket and Supermarkets
✤ Online Stores
✤ Others
Regional Analysis:
✤ North India
✤ West and Central India
✤ South India
✤ East India
Research Methodology:
The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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