Market Overview:
The global home blood test product market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of lifestyle diseases, rising awareness about early diagnosis and treatment, and growing demand for home-based tests. Based on type, the global home blood test product market is segmented into blood glucose test strips, cholesterol test strips, HDL test strips, triglyceride test strips, and other types. The cholesterol testing segment is expected to grow at the highest CAGR during the forecast period owing to increasing incidence of cardiovascular diseases (CVDs) across the globe. Based on application, the global home bloodtest product market is divided into retail pharmacy, online pharmacy,, and hospital settings.
Product Definition:
A home blood test product is a device or kit that allows people to collect and test their own blood specimens at home. Home blood tests can be used to screen for a variety of conditions, including diabetes, heart disease, and cancer. They can also be used to monitor the effects of medications or treatment plans. Home blood tests offer people greater control over their health care and allow them to receive results more quickly than they would through traditional lab testing.
Blood Glucose Test Strips:
Blood glucose test strips are used for testing the blood sugar level of patient's. It is a quick and easy method to determine if the patient has an elevated blood sugar level or not. The test strip works on the principle of reactivity of enzymes present in it namely, glucose oxidase and catalase which reacts with oxygen to produce a colored solution.
Cholesterol Test Strips:
The cholesterol test strips market is expected to witness lucrative growth over the forecast period owing to increasing prevalence of cardiovascular diseases and other associated disorders. In addition, growing awareness among people regarding regular health checkups is also a high impact rendering driver for this market. Furthermore, technological advancements in the field of point-of-care diagnostics are anticipated to boost the demand further during the forecast period.
Application Insights:
Based on application, the global home blood test product market is segmented into retail pharmacy, online pharmacy and hospital. The online pharmacies dominate the market in terms of revenue as well as volume. Hospital based testing is expected to be the fastest growing segment over the forecast period owing to an increase in prevalence of target diseases and rising awareness among individuals regarding early detection of disease conditions.
The retail pharmacies are anticipated to grow at a faster rate than their internet counterparts due to increasing consumer preference for purchasing medicines from local stores rather than relying solely on drugstores or supermarkets that have physical offices all over the world. These tests provide results within 15 minutes which enables consumers make better decisions regarding their health & wellness needs resulting in increased demand among consumers who prefer personal contact with pharmacists while purchasing medicine related products such as vitamins, dietary supplements and other healthcare products that require prescription prior purchase by an adult patient aged 18 years or above.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high awareness about home blood tests, and availability of advanced products. Moreover, increasing prevalence of diabetes and cardiovascular diseases is expected to drive regional growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period owing to factors such as growing penetration of retail pharmacies selling home blood test products and online pharmacies offering these tests at affordable prices along with an increase in awareness about these services among people living in rural areas as well as urban centers.
Growth Factors:
- Increasing incidence of lifestyle diseases such as diabetes and hypertension, which can be diagnosed through home blood tests.
- Growing awareness about the benefits of early diagnosis of health conditions through home blood tests.
- Rising demand for convenient and affordable diagnostic solutions, especially among the middle-class population in developing countries.
- Technological advancements that have made home blood testing more accurate and reliable than ever before.
- increasing prevalence of chronic diseases that require regular monitoring of blood parameters, such as renal failure and cancer
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Blood Test Prodcut Market Research Report
By Type
Blood Glucose Test Strips, Cholesterol Test Strips, HDL Test Strips, Triglyceride Test Strips, Other
By Application
Retail Pharmacy, Online Pharmacy, Hospital
By Companies
Roche, LifeScan, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Trividia Health, 77 Elektronika, AgaMatrix, ALL Medicus, Terumo, Sinocare, Yicheng, Yuwell, Edan, Jant Pharmacal, PTS Diagnostics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Home Blood Test Prodcut Market Report Segments:
The global Home Blood Test Prodcut market is segmented on the basis of:
Types
Blood Glucose Test Strips, Cholesterol Test Strips, HDL Test Strips, Triglyceride Test Strips, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Pharmacy, Online Pharmacy, Hospital
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Roche
- LifeScan
- Abbott
- Ascensia
- ARKRAY
- I-SENS
- Omron
- B. Braun
- Trividia Health
- 77 Elektronika
- AgaMatrix
- ALL Medicus
- Terumo
- Sinocare
- Yicheng
- Yuwell
- Edan
- Jant Pharmacal
- PTS Diagnostics
Highlights of The Home Blood Test Prodcut Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blood Glucose Test Strips
- Cholesterol Test Strips
- HDL Test Strips
- Triglyceride Test Strips
- Other
- By Application:
- Retail Pharmacy
- Online Pharmacy
- Hospital
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Blood Test Prodcut Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Home Blood Test is a home-based test that can be used to detect the presence of certain blood diseases.
Some of the major companies in the home blood test prodcut market are Roche, LifeScan, Abbott, Ascensia, ARKRAY, I-SENS, Omron, B. Braun, Trividia Health, 77 Elektronika, AgaMatrix, ALL Medicus, Terumo, Sinocare, Yicheng, Yuwell, Edan, Jant Pharmacal, PTS Diagnostics.
The home blood test prodcut market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Blood Test Prodcut Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Blood Test Prodcut Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Blood Test Prodcut Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Blood Test Prodcut Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Blood Test Prodcut Market Size & Forecast, 2018-2028
4.5.1 Home Blood Test Prodcut Market Size and Y-o-Y Growth
4.5.2 Home Blood Test Prodcut Market Absolute $ Opportunity
Chapter 5 Global Home Blood Test Prodcut Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Home Blood Test Prodcut Market Size Forecast by Type
5.2.1 Blood Glucose Test Strips
5.2.2 Cholesterol Test Strips
5.2.3 HDL Test Strips
5.2.4 Triglyceride Test Strips
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Blood Test Prodcut Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Home Blood Test Prodcut Market Size Forecast by Applications
6.2.1 Retail Pharmacy
6.2.2 Online Pharmacy
6.2.3 Hospital
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Blood Test Prodcut Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Blood Test Prodcut Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Home Blood Test Prodcut Analysis and Forecast
9.1 Introduction
9.2 North America Home Blood Test Prodcut Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Home Blood Test Prodcut Market Size Forecast by Type
9.6.1 Blood Glucose Test Strips
9.6.2 Cholesterol Test Strips
9.6.3 HDL Test Strips
9.6.4 Triglyceride Test Strips
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Home Blood Test Prodcut Market Size Forecast by Applications
9.10.1 Retail Pharmacy
9.10.2 Online Pharmacy
9.10.3 Hospital
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Home Blood Test Prodcut Analysis and Forecast
10.1 Introduction
10.2 Europe Home Blood Test Prodcut Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Home Blood Test Prodcut Market Size Forecast by Type
10.6.1 Blood Glucose Test Strips
10.6.2 Cholesterol Test Strips
10.6.3 HDL Test Strips
10.6.4 Triglyceride Test Strips
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Home Blood Test Prodcut Market Size Forecast by Applications
10.10.1 Retail Pharmacy
10.10.2 Online Pharmacy
10.10.3 Hospital
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Home Blood Test Prodcut Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Blood Test Prodcut Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Home Blood Test Prodcut Market Size Forecast by Type
11.6.1 Blood Glucose Test Strips
11.6.2 Cholesterol Test Strips
11.6.3 HDL Test Strips
11.6.4 Triglyceride Test Strips
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Home Blood Test Prodcut Market Size Forecast by Applications
11.10.1 Retail Pharmacy
11.10.2 Online Pharmacy
11.10.3 Hospital
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Home Blood Test Prodcut Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Blood Test Prodcut Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Home Blood Test Prodcut Market Size Forecast by Type
12.6.1 Blood Glucose Test Strips
12.6.2 Cholesterol Test Strips
12.6.3 HDL Test Strips
12.6.4 Triglyceride Test Strips
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Home Blood Test Prodcut Market Size Forecast by Applications
12.10.1 Retail Pharmacy
12.10.2 Online Pharmacy
12.10.3 Hospital
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Home Blood Test Prodcut Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Blood Test Prodcut Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Home Blood Test Prodcut Market Size Forecast by Type
13.6.1 Blood Glucose Test Strips
13.6.2 Cholesterol Test Strips
13.6.3 HDL Test Strips
13.6.4 Triglyceride Test Strips
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Home Blood Test Prodcut Market Size Forecast by Applications
13.10.1 Retail Pharmacy
13.10.2 Online Pharmacy
13.10.3 Hospital
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Home Blood Test Prodcut Market: Competitive Dashboard
14.2 Global Home Blood Test Prodcut Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Roche
14.3.2 LifeScan
14.3.3 Abbott
14.3.4 Ascensia
14.3.5 ARKRAY
14.3.6 I-SENS
14.3.7 Omron
14.3.8 B. Braun
14.3.9 Trividia Health
14.3.10 77 Elektronika
14.3.11 AgaMatrix
14.3.12 ALL Medicus
14.3.13 Terumo
14.3.14 Sinocare
14.3.15 Yicheng
14.3.16 Yuwell
14.3.17 Edan
14.3.18 Jant Pharmacal
14.3.19 PTS Diagnostics
