The Global Self-testing Market is estimated to be valued at US$ 18,503.0 Mn in 2021 and is expected to exhibit a CAGR of 8.5% during the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
The rise in prevalence of chronic diseases such as diabetes and HIV (Human immunodeficiency virus infection) is driving global self-testing market growth. According to the United Nations Programme on HIV and AIDS (UNAIDS) global report 2020, there were approximately 37.7 million HIV-positive people worldwide including 36 million adults and 1.7 million children aged 0-14 years. More than half (53%) were females and girls. Additionally, in 2020, around 84 percent of people living with HIV worldwide were aware of their HIV status. The remaining 16% (approximately 6.0 million people) still required HIV testing services.
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Global Self-testing Market – Impact of Coronavirus (COVID-19) Pandemic
The coronavirus (COVID-19) pandemic is the most recent outbreak, which was first reported on December 31, 2019 in Wuhan, China. The World Health Organization (WHO) declared COVID-19 a pandemic on March 11, 2020. According to the Coronavirus Disease (COVID-19) Weekly Epidemiological Update by the WHO, over 271.37 million confirmed cases and over 5.32 million deaths due to coronavirus disease (COVID-19) were reported till December 16, 2021, across the globe.
Several government authorities and non-profit organizations are involved in investments and funding for COVID-19 self-testing kits. Moreover, the increasing number of product launches and approvals related to COVID-19 self-test kits is expected to positively impact the global self-testing market growth over the forecast period. For instance, in July 2020, the National Institutes of Health (NIH) invested US$ 248.7 million in new technologies to address COVID-19 testing challenges (which detects SARS-CoV-2 coronavirus). The NIH’s Rapid Acceleration of Diagnostics (RADx) initiative awarded contracts to seven biomedical diagnostic companies including Mesa Biotech, Quidel, and others in July 2020 to support a variety of new lab-based and point-of-care tests, potentially increasing the number, type, and availability of tests by millions.
Major players are involved in inorganic growth strategies such as partnerships and collaborations. This is projected to drive the market growth over the forecast period. For instance, in October 2020, LifeScan, the maker of the iconic OneTouch brand and a world leader in blood glucose monitoring, announced a partnership with Truepill, a digital health platform that powers consumer health experiences through its API-connected infrastructure. LifeScan’s strategic move to expand its OneTouch brand offerings beyond diabetes testing supplies to innovative digital wellness offerings for diabetes and related health conditions such as weight loss, fitness, and hypertension is supported by the partnership.
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Key Takeaways of the Global Self-testing Market:
- The global self-testing market is expected to exhibit a CAGR of 8.5% during the forecast period, due to the growing launch of new products. For instance, in December 2021, OmegaQuant, a leader in nutrient status testing, launched a new vitamin B12 test that includes a sample collection kit for at-home testing. The test measures a substance called methylmalonic acid (MMA) in the urine to accurately detect low B12 status. The more MMA a person has, the more likely he or she has low B12.
- Based on product type, the kits segment is projected to account for the largest market share in the global self-testing market in 2021. Growing product launches by market players and their regulatory approvals are projected to drive the segment growth over the forecast period. For instance, in February 2021, Roche, a global leader in pharmaceuticals and diagnostics, announced that its new SARS-CoV-2 Rapid Antigen Test Nasal had received the CE mark. In addition to being less invasive, the test allows patients to self-collect their nasal sample.
- In terms of application type, the blood glucose testing segment is projected to constitute for the largest market share in the global self-testing market in 2021. The growing prevalence of diabetes is expected to boost the segment growth over the forecast period. According to American Diabetes Association, diabetes affected 34.2 million Americans in the U.S. in 2018, accounting for 10.5 percent of the population. Type 1 diabetes affected nearly 1.6 million Americans, including approximately 187,000 children and adolescents. Of the 34.2 million adults with diabetes, 26.8 million were diagnosed, leaving 7.3 million undiagnosed.
- On the basis of sample type, the blood sample segment is expected to account for the largest market share in the global self-testing market due to the increasing number of product launches. For instance, in April 2015, Chembio Diagnostics, Inc., a leader in point-of-care (POC) diagnostic tests for infectious diseases, announced that, for the first time, the company’s SURE CHECK HIV 1/2 testing device is made available as self-test kits in Europe.
- Based on test type, the point of care/ homecare tests segment is estimated to account for the largest market share in the global self-testing
- Based on distribution channel, the offline segment is estimated to account for the largest market share in the global self-testing market due to increasing number of product offerings. For instance, in August 2018, Superdrug, a health and beauty retailer, announced that it had started selling HIV self-testing kits.
- Among regions, North America is expected to dominate the global self-testing market in 2021, due to increasing product launches or approvals. For instance, in October 2021, Acon Laboratories Inc., a diagnostics company based in San Diego, announced that the U.S. Food and Drug Administration (FDA) granted emergency use authorization to the company’s Flowflex COVID-19 home test, allowing it to begin shipping and hence doubling the capacity of rapid at-home testing in the U.S.
- Key players operating in the global self-testing market include Abbott, Acon Laboratories Inc., ARKRAY Inc., F. Hoffmann-La Roche AG, Siemens Healthineers, OraSure Technologies Inc., Quest Diagnostics, Bionime Corporation, Becton, Dickinson and Company, Btnx Inc., and JR Biomedical Ltd.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, by Product Type
- Market Snapshot, by Application Type
- Market Snapshot, by Sample Type
- Market Snapshot, by Test Type
- Market Snapshot, by Distribution Channel
- Market Snapshot, by Region
- Market Opportunity Map
- Report Description
- Global Self-Testing Market Insights
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Market Trends
- Key Developments
- Product Launch/Approval
- Regulatory Scenario
- Acquisitions, Collaborations & Partnerships Scenario
- PORTER’s Five Forces Analysis
- PEST Analysis
- Brand Analysis
- Pricing Analysis
- Global Self-Testing Market- Impact of Coronavirus (Covid-19) Pandemic
- Economic Impact
- COVID-19 Epidemiology
- Impact On Self-Testing Kits
- Global Self-Testing Market, By Product Type, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Kits
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Self-testing kits
- Self-collection kits
- Self-Testing Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Introduction
- Global Self-Testing Market, By Application Type, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Blood Glucose Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Pregnancy Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Pulmonary Function Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Urinary Tract Infection Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Sexually transmitted infections (STIs) Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Genetic Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Vitamin Testing and Mineral Deficiency Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- COVID Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Allergy Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Gastrointestinal Screening
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Hormone Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Food Sensitivity Testing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Others (Infectious Disease Testing, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Self-Testing Market, By Sample Type, 2017 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Blood Sample
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Saliva Sample
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million
- Nasal Sample
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Stool Sample
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Urine Sample
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Others (Vaginal Swab Sample and Breathe Sample)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Self-Testing Market, By Test Type, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Laboratory Tests
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Point of Care Tests/Homecare Tests
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Introduction
- Global Self-Testing Market, By Distribution Channel, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Hospital Pharmacies
- Retail Pharmacies/ Drug Stores
- Supermarkets and Hypermarket
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030 (US$ Million)
- Introduction
View Press Release: https://www.coherentmarketinsights.com/press-release/self-testing-market-4174
About US:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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