Self-Testing Market Share, Size, Trends, Industry Analysis Report, By Sample Type, By Product (Kits, Devices, Strips), By Application, By Distribution Channel, By Usage, By Region, And Segment Forecasts, 2023 - 2032
The global self-testing market size is expected to reach USD 19.44 billion by 2032, according to a new study by Polaris Market Research. The report “Self-Testing Market Share, Size, Trends, Industry Analysis Report, By Sample Type, By Product (Kits, Devices, Strips), By Application, By Distribution Channel, By Usage, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the market is primarily due to heightened health awareness, cost-effectiveness, convenience, technological advancements, the rising prevalence of chronic diseases, the emergence of remote healthcare trends, and the need for timely and easily accessible health information. The World Health Organization (WHO) reports that noncommunicable diseases account for 41 million deaths annually worldwide, underscoring the importance of accessible and effective self-testing options in addressing health concerns.
The self-testing market has seen significant advancements, including the introduction of portable and user-friendly devices that integrate seamlessly with smartphones and digital platforms. These innovations have not only improved the convenience of self-testing but have also enhanced the accuracy and sensitivity of testing methods. For instance, Lucira Health recently launched the COVID-19 & Flu Home Test, a versatile combination test that provides results in just 30 minutes. These developments are expected to drive the adoption of self-testing solutions by offering consumers quick, reliable, and accessible diagnostic tools, ultimately expanding the market's reach and acceptance in the coming years.
The COVID-19 pandemic has acted as a catalyst for the widespread adoption of self-testing technologies, underscoring their significance in managing public health emergencies. Regulatory agencies responded to the surging demand by expediting approvals for various self-testing products, thereby bolstering market growth. For instance, Siemens Healthineers received approval from regulatory agencies, the German Federal Office for Drugs & Medical Devices, in February 2021 for its CLINITEST Rapid COVID-19 Antigen Self-Test, making it available for self-administration in Germany.
Self-Testing Market Report Highlights
The blood segment held the largest share, primarily due to rising cases of chronic diseases and rising adoption of telemedicine
Kits segment held the largest share, as key players focusing on introducing new innovative products and investing extensively in R&D
The online segment will grow rapidly, owing to huge discounts, offers, and cash backs on the self-use testing kits and medicines
North America led the market, primarily due to awareness among consumers, high cost of medication, & favorable government policies
Key players include Johnson & Johnson Services, Geratherm Medical, B. Braun, Piramal Enterprises, Cardinal Health, OraSure Technologies, & bioLytical Laboratories
Polaris Market Research has segmented the self-testing market report based on sample type, product, application, distribution channel, and region:
Self-Testing, Sample Type Outlook (Revenue - USD Billion, 2023 - 2032)
Blood
Urine
Stool
Others
Self-Testing, Product Outlook (Revenue - USD Billion, 2023 - 2032)
Kits
Devices
Strips
Self-Testing, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Blood Pressure Test
Diabetes and Glucose Tests
Cholesterol and Triglycerides Tests
Pregnancy Test
STD /STI Test
Urinary Tract Infection Test
Cancer Test
Celiac disease Test
Thyroid Test
Transaminase Test
Anemia Test
Allergy Test
Others
Self-Testing, Distribution Channel Outlook (Revenue - USD Billion, 2023 - 2032)
Online
Offline
Self-Testing, Usage Outlook (Revenue - USD Billion, 2023 - 2032)
Reusable
Disposable
Self-Testing, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa