The FMI anticipates that the self-testing market is anticipated to capture a valuation of US$ 7.89 billion in 2023. The market is projected to rise to US$ 13.6 billion by 2033. The market is securing a CAGR of 5.6% during the forecast period.
The market has grown rapidly in recent years, driven by several factors, including
Overall, the market is anticipated to grow in the coming years as more individuals seek out convenient and cost-effective ways to monitor their health and wellness at home.
Limited Test Menu Decline the Market Growth
While several driving factors are behind the market's growth, some factors may restrain its growth. These include
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 5.6% |
Market Valuation (2023) | US$ 7.89 billion |
Market Valuation (2033) | US$ 13.6 billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights, the global self-testing market registered a healthy 5.6% CAGR during the forecast period. Historically, the market registered a CAGR of 5.1% between 2017 and 2022.
According to market research reports, convenience, cost-effectiveness, and rising healthcare costs have increased consumers' adoption of self-testing.
The market has grown across various product categories, including glucose monitoring, pregnancy and fertility testing, infectious disease testing, and drug and alcohol testing. Technological advancements have also helped drive market growth, with new products offering improved accuracy, reliability, and ease of use.
In addition, the COVID-19 pandemic has accelerated the adoption of self-testing for infectious diseases as individuals look for ways to monitor their health and protect themselves and their communities. It has increased demand for home COVID-19 testing kits and other self-testing products.
Overall, the self-testing market has seen robust growth between 2018 to 2022. The market is expected to grow in the coming years as more consumers seek convenient and cost-effective health monitoring solutions.
The market is estimated to reach US$ 13.6 billion during the forecast period. Historically, the market stood at US$ 7.51 billion from 2017 to 2022.
Based on Distribution Channels, Online Retailers Contribute Key Role in the Market
Online retailers have become an increasingly important distribution channel for self-testing products, and their role in the market is significant. Here are some ways in which online retailers contribute to the market
Overall, online retailers play an important role in the self-testing market, offering consumers greater accessibility, convenience, and affordability when purchasing self-testing products.
Glucose monitoring is the dominant application category in the market. The increasing prevalence of diabetes worldwide and the growing demand for continuous monitoring of blood glucose levels. The availability of a wide range of self-monitoring devices and continuous glucose monitoring systems has further contributed to the dominance of the glucose monitoring segment. A few of the key points are as follows
Overall, the glucose monitoring segment plays an essential role in the market by addressing the needs of people with diabetes and providing them with a range of convenient, cost-effective, and technologically advanced self-monitoring options.
Growing Chronic Disease Patients Rise the United States Market
The United States is one of the leading markets for self-testing products, with a high demand for home-based testing solutions and an enormous healthcare infrastructure. Here are some factors that contribute to the strong performance of the United States self-testing market
Overall, the United States has a strong performance in the market. Factors include a high prevalence of chronic diseases, an established healthcare infrastructure, technological advancements, and consumer demand for self-testing products.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The United Kingdom is an important market for self-testing products, with a well-established healthcare system and a high demand for home-based testing solutions. Here are some factors that contribute to the performance of the United Kingdom
Overall, the United Kingdom is an important market for self-testing products. With a well-established healthcare system, a high prevalence of chronic diseases, growing awareness and adoption of self-testing products, and favorable government policies. These factors are driving the growth of the United Kingdom's self-testing market, with new products and technologies to meet the needs of patients and healthcare providers.
The market has been growing rapidly in recent years, and key players are significantly driving this growth. These players are typically manufacturers and suppliers of self-testing products, including home diagnostic kits, medical monitoring devices, and self-testing platforms
Key market players are investing in product development, marketing and distribution, partnership and collaboration, and regulatory compliance. They are making it easier and more convenient for consumers to take control of their health by providing access to accurate.
Recent Developments in the Global Market are
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2017 to 2022 |
Market Analysis | US$ billion for Value |
Key Countries Covered | United States, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Türkiye, Northern Africa, and South Africa |
Key Segments Covered | Product Type, Application, Sample, Distribution Channel, Region |
Key Companies Profiled | ACON Laboratories Inc.; ARKRAY Inc; Assure Tech (Hangzhou) Co. Ltd.; Becton, Dickinson & Company; Bionime Corporation; Roche Holding AG; Quidel Corporation; True Diagnostics Inc. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
The market is expected to be valued US$ 7.89 billion in 2023.
Sales of self-testing kits developed at 5.1% between 2017 and 2022.
Through 2033, the market is going to develop at a 5.6% CAGR.
The market's major application category is glucose monitoring.
A significant demand for home-based testing options makes the United States a market leader.
Online retailers have grown in prominence as a distribution channel for self-testing products.
1. Executive Summary | Self-testing Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Product, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product, 2023 to 2033 5.3.1. kits 5.3.2. Self-collection kits 5.3.3. Devices 5.4. Y-o-Y Growth Trend Analysis By Product, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033 6.3.1. Blood Glucose Testing 6.3.2. Pregnancy & Fertility Testing 6.3.3. Cancer Testing 6.3.4. STD/ STI Testing 6.3.5. Drug of Abuse Testing 6.3.6. Cholesterol Testing 6.3.7. HIV Testing 6.3.8. Thyroid Testing 6.3.9. Other Testing 6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sample 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By Sample , 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Sample , 2023 to 2033 7.3.1. Urine 7.3.2. Blood 7.3.3. Saliva 7.3.4. Stool 7.3.5. Vaginal Swabs 7.3.6. Semen 7.4. Y-o-Y Growth Trend Analysis By Sample , 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Sample , 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) Analysis By Distribution Channel, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Distribution Channel, 2023 to 2033 8.3.1. Retail Pharmacies 8.3.2. Drug Stores 8.3.3. Online Pharmacies 8.3.4. Supermarkets/Hypermarkets 8.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. South Asia 9.3.5. East Asia 9.3.6. Oceania 9.3.7. MEA 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. USA 10.2.1.2. Canada 10.2.2. By Product 10.2.3. By Application 10.2.4. By Sample 10.2.5. By Distribution Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product 10.3.3. By Application 10.3.4. By Sample 10.3.5. By Distribution Channel 10.4. Key Takeaways 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Rest of Latin America 11.2.2. By Product 11.2.3. By Application 11.2.4. By Sample 11.2.5. By Distribution Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product 11.3.3. By Application 11.3.4. By Sample 11.3.5. By Distribution Channel 11.4. Key Takeaways 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. United kingdom 12.2.1.3. France 12.2.1.4. Spain 12.2.1.5. Italy 12.2.1.6. Rest of Europe 12.2.2. By Product 12.2.3. By Application 12.2.4. By Sample 12.2.5. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product 12.3.3. By Application 12.3.4. By Sample 12.3.5. By Distribution Channel 12.4. Key Takeaways 13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Malaysia 13.2.1.3. Singapore 13.2.1.4. Thailand 13.2.1.5. Rest of South Asia 13.2.2. By Product 13.2.3. By Application 13.2.4. By Sample 13.2.5. By Distribution Channel 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product 13.3.3. By Application 13.3.4. By Sample 13.3.5. By Distribution Channel 13.4. Key Takeaways 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Product 14.2.3. By Application 14.2.4. By Sample 14.2.5. By Distribution Channel 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Product 14.3.3. By Application 14.3.4. By Sample 14.3.5. By Distribution Channel 14.4. Key Takeaways 15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. Australia 15.2.1.2. New Zealand 15.2.2. By Product 15.2.3. By Application 15.2.4. By Sample 15.2.5. By Distribution Channel 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Product 15.3.3. By Application 15.3.4. By Sample 15.3.5. By Distribution Channel 15.4. Key Takeaways 16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Country 16.2.1.1. GCC Countries 16.2.1.2. South Africa 16.2.1.3. Israel 16.2.1.4. Rest of MEA 16.2.2. By Product 16.2.3. By Application 16.2.4. By Sample 16.2.5. By Distribution Channel 16.3. Market Attractiveness Analysis 16.3.1. By Country 16.3.2. By Product 16.3.3. By Application 16.3.4. By Sample 16.3.5. By Distribution Channel 16.4. Key Takeaways 17. Key Countries Market Analysis 17.1. USA 17.1.1. Pricing Analysis 17.1.2. Market Share Analysis, 2022 17.1.2.1. By Product 17.1.2.2. By Application 17.1.2.3. By Sample 17.1.2.4. By Distribution Channel 17.2. Canada 17.2.1. Pricing Analysis 17.2.2. Market Share Analysis, 2022 17.2.2.1. By Product 17.2.2.2. By Application 17.2.2.3. By Sample 17.2.2.4. By Distribution Channel 17.3. Brazil 17.3.1. Pricing Analysis 17.3.2. Market Share Analysis, 2022 17.3.2.1. By Product 17.3.2.2. By Application 17.3.2.3. By Sample 17.3.2.4. By Distribution Channel 17.4. Mexico 17.4.1. Pricing Analysis 17.4.2. Market Share Analysis, 2022 17.4.2.1. By Product 17.4.2.2. By Application 17.4.2.3. By Sample 17.4.2.4. By Distribution Channel 17.5. Germany 17.5.1. Pricing Analysis 17.5.2. Market Share Analysis, 2022 17.5.2.1. By Product 17.5.2.2. By Application 17.5.2.3. By Sample 17.5.2.4. By Distribution Channel 17.6. United kingdom 17.6.1. Pricing Analysis 17.6.2. Market Share Analysis, 2022 17.6.2.1. By Product 17.6.2.2. By Application 17.6.2.3. By Sample 17.6.2.4. By Distribution Channel 17.7. France 17.7.1. Pricing Analysis 17.7.2. Market Share Analysis, 2022 17.7.2.1. By Product 17.7.2.2. By Application 17.7.2.3. By Sample 17.7.2.4. By Distribution Channel 17.8. Spain 17.8.1. Pricing Analysis 17.8.2. Market Share Analysis, 2022 17.8.2.1. By Product 17.8.2.2. By Application 17.8.2.3. By Sample 17.8.2.4. By Distribution Channel 17.9. Italy 17.9.1. Pricing Analysis 17.9.2. Market Share Analysis, 2022 17.9.2.1. By Product 17.9.2.2. By Application 17.9.2.3. By Sample 17.9.2.4. By Distribution Channel 17.10. India 17.10.1. Pricing Analysis 17.10.2. Market Share Analysis, 2022 17.10.2.1. By Product 17.10.2.2. By Application 17.10.2.3. By Sample 17.10.2.4. By Distribution Channel 17.11. Malaysia 17.11.1. Pricing Analysis 17.11.2. Market Share Analysis, 2022 17.11.2.1. By Product 17.11.2.2. By Application 17.11.2.3. By Sample 17.11.2.4. By Distribution Channel 17.12. Singapore 17.12.1. Pricing Analysis 17.12.2. Market Share Analysis, 2022 17.12.2.1. By Product 17.12.2.2. By Application 17.12.2.3. By Sample 17.12.2.4. By Distribution Channel 17.13. Thailand 17.13.1. Pricing Analysis 17.13.2. Market Share Analysis, 2022 17.13.2.1. By Product 17.13.2.2. By Application 17.13.2.3. By Sample 17.13.2.4. By Distribution Channel 17.14. China 17.14.1. Pricing Analysis 17.14.2. Market Share Analysis, 2022 17.14.2.1. By Product 17.14.2.2. By Application 17.14.2.3. By Sample 17.14.2.4. By Distribution Channel 17.15. Japan 17.15.1. Pricing Analysis 17.15.2. Market Share Analysis, 2022 17.15.2.1. By Product 17.15.2.2. By Application 17.15.2.3. By Sample 17.15.2.4. By Distribution Channel 17.16. South Korea 17.16.1. Pricing Analysis 17.16.2. Market Share Analysis, 2022 17.16.2.1. By Product 17.16.2.2. By Application 17.16.2.3. By Sample 17.16.2.4. By Distribution Channel 17.17. Australia 17.17.1. Pricing Analysis 17.17.2. Market Share Analysis, 2022 17.17.2.1. By Product 17.17.2.2. By Application 17.17.2.3. By Sample 17.17.2.4. By Distribution Channel 17.18. New Zealand 17.18.1. Pricing Analysis 17.18.2. Market Share Analysis, 2022 17.18.2.1. By Product 17.18.2.2. By Application 17.18.2.3. By Sample 17.18.2.4. By Distribution Channel 17.19. GCC Countries 17.19.1. Pricing Analysis 17.19.2. Market Share Analysis, 2022 17.19.2.1. By Product 17.19.2.2. By Application 17.19.2.3. By Sample 17.19.2.4. By Distribution Channel 17.20. South Africa 17.20.1. Pricing Analysis 17.20.2. Market Share Analysis, 2022 17.20.2.1. By Product 17.20.2.2. By Application 17.20.2.3. By Sample 17.20.2.4. By Distribution Channel 17.21. Israel 17.21.1. Pricing Analysis 17.21.2. Market Share Analysis, 2022 17.21.2.1. By Product 17.21.2.2. By Application 17.21.2.3. By Sample 17.21.2.4. By Distribution Channel 18. Market Structure Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Market Share Analysis of Top Players 18.3.1. By Regional 18.3.2. By Product 18.3.3. By Application 18.3.4. By Sample 18.3.5. By Distribution Channel 19. Competition Analysis 19.1. Competition Deep Dive 19.1.1. ACON Laboratories Inc. 19.1.1.1. Overview 19.1.1.2. Product Portfolio 19.1.1.3. Profitability by Market Segments 19.1.1.4. Sales Footprint 19.1.1.5. Strategy Overview 19.1.1.5.1. Marketing Strategy 19.1.2. ARKRAY Inc. 19.1.2.1. Overview 19.1.2.2. Product Portfolio 19.1.2.3. Profitability by Market Segments 19.1.2.4. Sales Footprint 19.1.2.5. Strategy Overview 19.1.2.5.1. Marketing Strategy 19.1.3. Assure Tech (Hangzhou) Co. Ltd. 19.1.3.1. Overview 19.1.3.2. Product Portfolio 19.1.3.3. Profitability by Market Segments 19.1.3.4. Sales Footprint 19.1.3.5. Strategy Overview 19.1.3.5.1. Marketing Strategy 19.1.4. Becton, Dickinson & Company 19.1.4.1. Overview 19.1.4.2. Product Portfolio 19.1.4.3. Profitability by Market Segments 19.1.4.4. Sales Footprint 19.1.4.5. Strategy Overview 19.1.4.5.1. Marketing Strategy 19.1.5. Bionime Corporation 19.1.5.1. Overview 19.1.5.2. Product Portfolio 19.1.5.3. Profitability by Market Segments 19.1.5.4. Sales Footprint 19.1.5.5. Strategy Overview 19.1.5.5.1. Marketing Strategy 19.1.6. Roche Holding AG 19.1.6.1. Overview 19.1.6.2. Product Portfolio 19.1.6.3. Profitability by Market Segments 19.1.6.4. Sales Footprint 19.1.6.5. Strategy Overview 19.1.6.5.1. Marketing Strategy 19.1.7. Quidel Corporation 19.1.7.1. Overview 19.1.7.2. Product Portfolio 19.1.7.3. Profitability by Market Segments 19.1.7.4. Sales Footprint 19.1.7.5. Strategy Overview 19.1.7.5.1. Marketing Strategy 19.1.8. True Diagnostics Inc. 19.1.8.1. Overview 19.1.8.2. Product Portfolio 19.1.8.3. Profitability by Market Segments 19.1.8.4. Sales Footprint 19.1.8.5. Strategy Overview 19.1.8.5.1. Marketing Strategy 19.1.9. F. Hoffmann-La Roche Ltd. 19.1.9.1. Overview 19.1.9.2. Product Portfolio 19.1.9.3. Profitability by Market Segments 19.1.9.4. Sales Footprint 19.1.9.5. Strategy Overview 19.1.9.5.1. Marketing Strategy 19.1.10. True Diagnostics Inc. 19.1.10.1. Overview 19.1.10.2. Product Portfolio 19.1.10.3. Profitability by Market Segments 19.1.10.4. Sales Footprint 19.1.10.5. Strategy Overview 19.1.10.5.1. Marketing Strategy 20. Assumptions & Acronyms Used 21. Research Methodology
Explore Healthcare Insights
View Reports