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Home Care Testing Market Share

Report ID: GMI10201
Published Date: Jul 2024
Report Format: PDF

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Home Care Testing Market Share

The home care testing industry is competitive in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel home care products with improved efficiency and cost-effectiveness are key market strategies for home care testing product manufacturers, driving competition and innovation in the industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for novel home care testing.

Home Care Testing Market Companies

Some of the eminent market participants operating in the home care testing industry include:

Abbott
ACON Laboratories, Inc.
Ascensia Diabetes Care Holdings AG
BD
bioLytical Laboratories Inc.
BioSure
Cardinal Health
Chembio Diagnostics, Inc
F. Hoffmann-La Roche Ltd.
LifeScan IP Holdings, LLC
MP BIOMEDICALS
Nova Biomedical
OraSure Technologies, Inc.
Quidel Corp.
SA Scientific Ltd
Siemens Healthcare GmbH
Sterilab Services

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Home care testing market size was valued at USD 10.9 billion in 2023 and is estimated to grow at 6.8% CAGR from 2024 to 2032, driven by the rising prevalence of chronic diseases.

The strip segment held a 25.8% revenue share in 2023 and will grow rapidly through 2032, owing to its versatility.

North America home care testing market size was USD 4.9 billion in 2023 and is predicted to witness substantial market growth through 2032, driven by the increasing incidence of chronic diseases, such as diabetes, hypertension, and cardiovascular conditions.

Chembio Diagnostics, Inc, F. Hoffmann-La Roche Ltd., LifeScan IP Holdings, LLC, MP BIOMEDICALS, Nova Biomedical, OraSure Technologies, Inc., Quidel Corp, SA Scientific Ltd, Siemens Healthcare GmbH, and Sterilab Services among others.