Categories
Pharmaceutical

Coronavirus Boosted the Potential Industry Growth of Home Diagnostics

Home Diagnostics market global report aims to provide reliable and useful industry information and data on the national and international markets thereby helping the market leaders, investors, small businesses, and others gain market intelligence from around the world. The report provides the market players the insights needed to make key decisions with regard to international markets like expansion and investments. The report anticipates future economic, business, and political factors and trends that may impact their performance at regional and international level. 

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Key Companies Profiled

  • Bionime Corporation
  • Roche Holding AG
  • Abbott Laboratories
  • ACON Laboratories Inc.
  • BTNX Inc.
  • Becton Dickinson & Company
  • Bionime Corporation

Home Diagnostics market report provides market critical information and data from a wide range of sources including industry leaders and opinion experts in the field of industry The report discusses the possible impacts of these scenarios on the price of the products and services. The research report has categorized the global Home Diagnostics market by product, by application, by fiscal year, by country, and by region.

The study strategically analyses all the submarkets functional in the Home Diagnostics market by studying individual growth trends, market share, total sales, annual revenue generated in US million dollars, the contribution of each sub-market to the overall growth.

What are the key highlights of our Home Diagnostics market research report?

  • The report does a CAGR computation and covering regulatory updates, best Home Diagnostics market practices, and new trends in the market.
  • The report does international Home Diagnostics market analysis providing economic forecasts and country wise intelligence, risks forecast, and more.
  • The report provides domestic as well as international planning in terms of business expansion and investments.
  • The report suggests strategies to the Home Diagnostics market participants that to enable them expand in their business in existing or new international markets.
  • The report is the overall outlook of the global Home Diagnostics market economy.
  • The report covers all the topics in the Home Diagnostics market to accurately predict the changes political, economic, and business issues and trends that may drive the market in future.

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The report covers all the topics, markets, and issues concerning the Home Diagnostics market. The multinational businesses that are on top in the marketplace in the recent years and the topics related to the selected markets are covered in the report.

The report contains statistical data presented in the form of graphs and detailing the situation of the Home Diagnostics industry in national and international markets. The research findings are supported by the international experts and analysts in the field of industry along with the risks and opportunities that exist in the market.

Home Diagnostics Market: Segmentation

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

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 The key business strategies discussed in this market research revolve around-

  • How key market players in the Home Diagnostics market are maintaining their competitive advantage in the wake of globalization?
  • What changing market dynamics in the Home Diagnostics market specify about the future opportunities for manufacturers?
  • How Covid-19 pandemic affected sales in the Home Diagnostics market and what strategies are expected to recover from its impact?
  • What business tactics are gaining attention and influencing Home Diagnostics market rivalry?

Check out more related studies published by Fact.MR Research: 

https://www.newswire.co.kr/newsRead.php?no=946690

https://www.newswire.co.kr/newsRead.php?no=946605

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We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction.

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Categories
Pharmaceutical

How is the U.K. Home Diagnostics Market Evolving

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.

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

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.

home diagnostics market 1

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.

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

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

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/1892

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/2019/09/16/1915931/0/en/Sales-of-Ambulance-Cots-to-Gather-Pace-in-Line-With-Growing-Number-of-EMS-Providers-Worldwide-Fact-MR.html

Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape

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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

How Has Coronavirus Boosted the Potential of Home Diagnostics

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.

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

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.

home diagnostics market 1

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.

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

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

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/1892

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/2019/09/16/1915931/0/en/Sales-of-Ambulance-Cots-to-Gather-Pace-in-Line-With-Growing-Number-of-EMS-Providers-Worldwide-Fact-MR.html

Explore Fact.MR’s Comprehensive Coverage on Healthcare Landscape

Neuro Critical Care Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2284/neuro-critical-care-market

Neuro Ablation Devices Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2283/neuro-ablation-devices-market

Neuralgia Treatment Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/2282/neuralgia-treatment-market

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