Categories
Pharmaceutical

Global Home Diagnostics Market Will Expand At A Healthy CAGR Of Around 5% Through 2030

The study on the Global Home Diagnostics Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Home Diagnostics Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Home Diagnostics Market during the forecast period (2021-2031).

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Home Diagnostics Market in the assessment period.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

Keyword Market Segmentation

By Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Latin America
  • Oceania
  • Middle East & Africa

 

By Form

  • Cassettes
  • Strips
  • Midstream
  • Digital Monitoring
  • Instruments
  • Test
  • Dip Cards

Get Customization Copy of this Report – https://www.factmr.com/connectus/sample?flag=RC&rep_id=1892

Essential Takeaways from the Home Diagnostics Market Report

  • Comparison of prominent players operating in the Home Diagnostics Market.
  • Recent developments and key strategies adopted by market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the Home Diagnostics Market.
  • Growth opportunities for emerging market players in various regional markets.
  • Current trends influencing the scenario of the Home Diagnostics Market.

 

Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=1892

Important queries related to the Home Diagnostics Market addressed in the report:

  1. Who are the most prominent players in the Home Diagnostics Market?
  2. What are the factors that are likely to hinder the growth of the Home Diagnostics Market during the forecast period (2021-2031)?
  3. Why is the concentration of tier-1 companies high in specific region?
  4. How are the soaring prices of raw materials impacting the demand for keyword?
  5. Why are market players eyeing opportunities in particular region?

Why Choose Fact.MR

  • One of the most established market research companies in India
  • Round the clock customer support for clients across the globe
  • Tailor-made reports available without additional costs
  • Analysis of markets in over 150 countries
  • Data collected from credible primary and secondary sources

For More Insights-https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability

 

About Fact.MR        

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Categories
Pharmaceutical

Increasing Public Interest In Healthcare, Especially In Urban Cities, Has Given Rise To Lucrative Opportunities For Vitro Diagnosis Tests Market 2031

Fact MR analysis of Vitro Diagnosis Tests market provides compelling insights into the factors propelling sales prospects in key segments such as (segment 1), (segment 2), and (segment 3). (Segment 3). It provides an executive-level blueprint of key market players’ strategies and analyses their impact on overall growth projections.

According to Fact MR’s recent market research, Glucose Monitoring Devices sales to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

To remain ‘ahead’ of your competitors, request for a sample –  https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

Focus on improving overall patient care will remain a chief growth driver. Besides this, Vitro Diagnosis Tests market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth potential on the basis of (segment 1), (segment 2), and (segment 3).

Digital Transformation in Healthcare Presenting Opportunities for Pregnancy Test Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Need more information about Report Methodology? Click here-  https://www.factmr.com/connectus/sample?flag=RM&rep_id=1892

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Vitro Diagnosis Tests market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Vitro Diagnosis Tests market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Vitro Diagnosis Tests

The report offers actionable and valuable market insights of Vitro Diagnosis Tests. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Vitro Diagnosis Tests Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Vitro Diagnosis Tests, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Vitro Diagnosis Tests Market.

According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements. Gaining EU CE mark, FDA 510(k) clearance, and FDA approved Premarket Approval Application (PMA) continues to be a primary focus for home diagnostics manufacturers who are looking to scale up their presence in developed markets. For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

The report also finds that home diagnostics manufacturers are focusing on incorporating advanced technology to differentiate their offerings in the market. For example, Abbott Laboratories adopted next-generation sensor technologies to upgrade its FreeStyle Libre system (10 day) to the FreeStyle® Libre 14 day Flash Glucose Monitoring system with improved accuracy and better mean absolute relative difference.

The Fact.MR study finds that glucose monitoring devices will continue to witness robust demand and dominate the home diagnostics market with over than 80% revenue share in the market. According to the World Health Organization (WHO), the number of people suffering from diabetes reached 422 million in 2014, and it will soon become a leading cause of death. Increasing prevalence of diabetes worldwide and the growing need for monitoring sugar levels among diabetes patients is likely to boost adoption of glucose monitoring devices during the assessment period. Home diagnostics market players are aware of the surging demand for glucose monitoring devices, and are focusing on increasing their product portfolio in this segment. The other lucrative segments in the home diagnostics market include pregnancy tests and ovulation prediction kits.

According to the report, although demand for home diagnostics is concentrated in developed countries, home diagnostics market players are putting efforts to boost uptake in developing regions. According to statistics published by WHO, the prevalence of diabetes has been the highest in middle and low-income countries.

Anticipating the burgeoning demand for glucose monitoring devices in emerging Asia, players in the home diagnostics market are shifting their focus towards developing nations, including China and India. ARKRAY, Inc. – a Japanese manufacturer in the home diagnostics market – recently announced that it will strengthen its diabetes testing instrument production capacity in China. Leading manufacturers in the home diagnostics market are modifying their marketing strategies to improve awareness about cost-effective and efficient home diagnostics to leverage lucrative opportunities in the Asia-Pacific region.

HIV Test Market Segmentation by Category

Test Type
  • Glucose Monitoring Devices
  • Pregnancy Test
  • HIV Test Kits
  • Ovulation Predictor Test Kits
  • Cholesterol Detection Test Kits
  • Drug of Abuse Test Kits
  • Others
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
Distribution Channel
  • Retail Pharmacies
  • Drug Stores
  • Hypermarkets / Supermarkets
  • Online Pharmacies

Full Access of this Exclusive Report is Available at-  https://www.factmr.com/checkout/1892

Report Benefits & Key Questions Answered

  • Vitro Diagnosis Tests Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Vitro Diagnosis Tests Historical volume analysis: The report provides a comparison of Vitro Diagnosis Tests’s historical sales and projected sales performance for 2021-2031.
  • Vitro Diagnosis Tests Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Vitro Diagnosis Tests market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Vitro Diagnosis Tests Consumption by demographics: The report investigates consumer behavior affecting Vitro Diagnosis Tests demand outlook for the assessment period. Effect of their keenness for digital trends on Vitro Diagnosis Tests market is carefully analyzed
  • Post COVID consumer spending on Vitro Diagnosis Tests: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Vitro Diagnosis Tests market growth.

More Valuable Insights on Ovulation Predictor Test Kits Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Vitro Diagnosis Tests, Sales and Demand of Vitro Diagnosis Tests, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Reasons to choose Fact.MR

  • Exhaustive research regarding the market to offer A to Z information.
  • Digital technologies to provide innovative business solutions to the clients.
  • 24/7 availability of services.
  • Interaction with suppliers, vendors, and service providers for precise market landscape.
  • Reports tailored as per the requirements of the client

Read More Trending Reports of Fact.MR- https://www.biospace.com/article/demand-for-tricuspid-valve-repair-rising-as-congenital-and-rheumatoid-heart-disease-cases-increase-fact-mr/ 

Explore Fact.MR’s Comprehensive Coverage on Healthcare Domain:

Fluoro Enzymatic Assays Market – Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031

Shower Chairs Market – Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031

Infrared Thermometer Market – Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031

About Us:

Fact.MR research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers,

Dubai, United Arab Emirates

Email: sales@factmr.com

Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Demand For Home Diagnostics In Canada Is Projected To Increase Rapidly Over The Coming Years

The study on the Global Home Diagnostics Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Home Diagnostics Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Home Diagnostics Market during the forecast period (2021-2031).

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Home Diagnostics Market in the assessment period.

For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

Keyword Market Segmentation

By Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Latin America
  • Oceania
  • Middle East & Africa

 

By Form

  • Cassettes
  • Strips
  • Midstream
  • Digital Monitoring
  • Instruments
  • Test
  • Dip Cards

Get Customization Copy of this Report – https://www.factmr.com/connectus/sample?flag=RC&rep_id=1892

Essential Takeaways from the Home Diagnostics Market Report

  • Comparison of prominent players operating in the Home Diagnostics Market.
  • Recent developments and key strategies adopted by market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the Home Diagnostics Market.
  • Growth opportunities for emerging market players in various regional markets.
  • Current trends influencing the scenario of the Home Diagnostics Market.

 

Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=1892

Important queries related to the Home Diagnostics Market addressed in the report:

  1. Who are the most prominent players in the Home Diagnostics Market?
  2. What are the factors that are likely to hinder the growth of the Home Diagnostics Market during the forecast period (2021-2031)?
  3. Why is the concentration of tier-1 companies high in specific region?
  4. How are the soaring prices of raw materials impacting the demand for keyword?
  5. Why are market players eyeing opportunities in particular region?

Why Choose Fact.MR

  • One of the most established market research companies in India
  • Round the clock customer support for clients across the globe
  • Tailor-made reports available without additional costs
  • Analysis of markets in over 150 countries
  • Data collected from credible primary and secondary sources

For More Insights-https://www.einpresswire.com/article/557298123/demand-for-independent-front-suspension-is-estimated-to-remain-high-owing-to-the-system-of-better-handling-stability

 

About Fact.MR        

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Categories
Pharmaceutical

Home Diagnostics Market will progress at a CAGR of around 5% over the period of 2022 to 2030

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.

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.

Click HERE To get a SAMPLE  at  https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

Fact.MR’s study predicts that the global home diagnostics market will expand at a healthy CAGR of around 5% through 2030.

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.

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.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/1892

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).

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Categories
Pharmaceutical

Home Diagnostics Market Will Progress at a CAGR Value of Around 5% During Forecast Period 2021 to 2031

250 Pages Home Diagnostics Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Home Diagnostics to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Home Diagnostics market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

To remain ‘ahead’ of your competitors, request for a sample –https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Home Diagnostics Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Home Diagnostics market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Home Diagnostics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Home Diagnostics

The report offers actionable and valuable market insights of Home Diagnostics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Home Diagnostics Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Home Diagnostics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Home Diagnostics Market.

 

Home Diagnostics Market Segmentation by Category

Test Type
  • Glucose Monitoring Devices
  • Pregnancy Test
  • HIV Test Kits
  • Ovulation Predictor Test Kits
  • Cholesterol Detection Test Kits
  • Drug of Abuse Test Kits
  • Others
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
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

Home Diagnostics Market- Scope of the Report

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.

A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the home diagnostics market, along with their product portfolios enhances the reliability of this comprehensive research study.

Report Summary

The study offers a comprehensive analysis on diverse features, including demand, product development, revenue generation, and sales across the globe.

A comprehensive estimate on the home diagnostics market has been provided through an optimistic scenario as well as a conservative scenario, taking into account sales during the forecast period. Price point comparison by region with global average price is also considered in the study.

Fact.MR, in its latest market study, opines thatthe home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026.

According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements. Gaining EU CE mark, FDA 510(k) clearance, and FDA approved Premarket Approval Application (PMA) continues to be a primary focus for home diagnostics manufacturers who are looking to scale up their presence in developed markets. For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

The report also finds that home diagnostics manufacturers are focusing on incorporating advanced technology to differentiate their offerings in the market. For example, Abbott Laboratories adopted next-generation sensor technologies to upgrade its FreeStyle Libre system (10 day) to the FreeStyle® Libre 14 day Flash Glucose Monitoring system with improved accuracy and better mean absolute relative difference.

The Fact.MR study finds that glucose monitoring devices will continue to witness robust demand and dominate the home diagnostics market with over than 80% revenue share in the market. According to the World Health Organization (WHO), the number of people suffering from diabetes reached 422 million in 2014, and it will soon become a leading cause of death. Increasing prevalence of diabetes worldwide and the growing need for monitoring sugar levels among diabetes patients is likely to boost adoption of glucose monitoring devices during the assessment period. Home diagnostics market players are aware of the surging demand for glucose monitoring devices, and are focusing on increasing their product portfolio in this segment. The other lucrative segments in the home diagnostics market include pregnancy tests and ovulation prediction kits.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/1892

Report Benefits & Key Questions Answered

  • Home Diagnostics Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Home Diagnostics Historical volume analysis: The report provides a comparison of Home Diagnostics’s historical sales and projected sales performance for 2021-2031.
  • Home Diagnostics Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Home Diagnostics market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Home Diagnostics Consumption by demographics: The report investigates consumer behavior affecting Home Diagnostics demand outlook for the assessment period. Effect of their keenness for digital trends on Home Diagnostics market is carefully analyzed
  • Post COVID consumer spending on Home Diagnostics: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Home Diagnostics market growth.

More Valuable Insights on Home Diagnostics Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Home Diagnostics, Sales and Demand of Home Diagnostics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Healthcare Domain:

Fluoro Enzymatic Assays Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Shower Chairs Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Infrared Thermometer Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Pharmaceutical

Home Diagnostics Market Will Progress at a CAGR of Around 5% During Forecast Period 2021 to 2031

250 Pages Home Diagnostics Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Home Diagnostics to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Home Diagnostics market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

To remain ‘ahead’ of your competitors, request for a sample –https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Home Diagnostics Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Home Diagnostics market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Home Diagnostics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Home Diagnostics

The report offers actionable and valuable market insights of Home Diagnostics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Home Diagnostics Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Home Diagnostics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Home Diagnostics Market.

Home Diagnostics Market Segmentation by Category

Test Type
  • Glucose Monitoring Devices
  • Pregnancy Test
  • HIV Test Kits
  • Ovulation Predictor Test Kits
  • Cholesterol Detection Test Kits
  • Drug of Abuse Test Kits
  • Others
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
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

Home Diagnostics Market- Scope of the Report

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.

A detailed assessment of value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the home diagnostics market, along with their product portfolios enhances the reliability of this comprehensive research study.

Report Summary

The study offers a comprehensive analysis on diverse features, including demand, product development, revenue generation, and sales across the globe.

A comprehensive estimate on the home diagnostics market has been provided through an optimistic scenario as well as a conservative scenario, taking into account sales during the forecast period. Price point comparison by region with global average price is also considered in the study.

Fact.MR, in its latest market study, opines thatthe home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026.

According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements. Gaining EU CE mark, FDA 510(k) clearance, and FDA approved Premarket Approval Application (PMA) continues to be a primary focus for home diagnostics manufacturers who are looking to scale up their presence in developed markets. For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

The report also finds that home diagnostics manufacturers are focusing on incorporating advanced technology to differentiate their offerings in the market. For example, Abbott Laboratories adopted next-generation sensor technologies to upgrade its FreeStyle Libre system (10 day) to the FreeStyle® Libre 14 day Flash Glucose Monitoring system with improved accuracy and better mean absolute relative difference.

The Fact.MR study finds that glucose monitoring devices will continue to witness robust demand and dominate the home diagnostics market with over than 80% revenue share in the market. According to the World Health Organization (WHO), the number of people suffering from diabetes reached 422 million in 2014, and it will soon become a leading cause of death. Increasing prevalence of diabetes worldwide and the growing need for monitoring sugar levels among diabetes patients is likely to boost adoption of glucose monitoring devices during the assessment period. Home diagnostics market players are aware of the surging demand for glucose monitoring devices, and are focusing on increasing their product portfolio in this segment. The other lucrative segments in the home diagnostics market include pregnancy tests and ovulation prediction kits.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/1892

Report Benefits & Key Questions Answered

  • Home Diagnostics Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Home Diagnostics Historical volume analysis: The report provides a comparison of Home Diagnostics’s historical sales and projected sales performance for 2021-2031.
  • Home Diagnostics Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Home Diagnostics market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Home Diagnostics Consumption by demographics: The report investigates consumer behavior affecting Home Diagnostics demand outlook for the assessment period. Effect of their keenness for digital trends on Home Diagnostics market is carefully analyzed
  • Post COVID consumer spending on Home Diagnostics: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Home Diagnostics market growth.

More Valuable Insights on Home Diagnostics Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Home Diagnostics, Sales and Demand of Home Diagnostics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Healthcare Domain:

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About Fact.MR

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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

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Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

Demand for Glucose Monitoring Devices will Grow at a Healthy 3.5% Value CAGR By 2026

Fact.MR, in its latest market study, opines that the Sales of home diagnostics will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026.

Companies in the Home Diagnostics Market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the Home Diagnostics Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis.

For detailed insights on enhancing your product footprint, request a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=1892

Fact.MR, in its latest market study, opines that the home diagnostics market will grow at a healthy 3.5% value CAGR, surpassing US$ 6.3 million by 2026. According to the report, sales will remain buoyant in developed regions, with North America and Europe collectively accounting for over 50% revenue share of the market. The Fact.MR study remains bullish on the prospects of home diagnostics market players in developing countries, as growing focus on health & wellness, and emergence of many Asian countries as medical tourism hubs creates opportunities.

Increasing preference for self-diagnosis continues to be a trigger for home diagnostics sales, whereas a combination of industry-specific and regulatory factors continue to influence the strategies of market players. Governing bodies such as the U.S. Food and Drug Administration (FDA) and the European Commission regulate home diagnostics with stringent quality control regulations and labeling requirements.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=1892

Market Segmentation:

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

By 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

For instance, Abbott Laboratories, a leading pharmaceutical company in the U.S., recently got an FDA approval for marketing its FreeStyle® Libre 14 day Flash Glucose Monitoring system in the U.S. ACON Laboratories, another prominent player in the home diagnostics market announced that it has received FDA clearance of Mission® U120 urine reagent strips. According to the report, compliance to ever-evolving regulations and gaining regulatory approval remains both an opportunity and challenge for market players.

home diagnostics market 1

The Fact.MR study finds that glucose monitoring devices will continue to witness robust demand and dominate the home diagnostics market with over than 80% revenue share in the market. According to the World Health Organization (WHO), the number of people suffering from diabetes reached 422 million in 2014, and it will soon become a leading cause of death. Increasing prevalence of diabetes worldwide and the growing need for monitoring sugar levels among diabetes patients is likely to boost adoption of glucose monitoring devices during the assessment period. Home diagnostics market players are aware of the surging demand for glucose monitoring devices, and are focusing on increasing their product portfolio in this segment. The other lucrative segments in the home diagnostics market include pregnancy tests and ovulation prediction kits.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=1892

According to the report, although demand for home diagnostics is concentrated in developed countries, home diagnostics market players are putting efforts to boost uptake in developing regions. According to statistics published by WHO, the prevalence of diabetes has been the highest in middle and low-income countries.

Anticipating the burgeoning demand for glucose monitoring devices in emerging Asia, players in the home diagnostics market are shifting their focus towards developing nations, including China and India. ARKRAY, Inc. – a Japanese manufacturer in the home diagnostics market – recently announced that it will strengthen its diabetes testing instrument production capacity in China. Leading manufacturers in the home diagnostics market are modifying their marketing strategies to improve awareness about cost-effective and efficient home diagnostics to leverage lucrative opportunities in the Asia-Pacific region.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/09/11/1914197/0/en/Peak-Flow-Meters-to-Ride-on-Portability-Quotient-Gains-Remain-Driven-by-Introduction-of-Smart-and-Efficient-Variants-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com