Global self-testing market expected to more than double in size by 2033

From GlobeNewswire: 2024-06-04 06:00:00

The global self-testing market is projected to grow from USD 9.75 billion in 2023 to USD 18.85 billion by 2033, with a CAGR of 6.81%. Self-testing allows individuals to perform tests themselves and interpret results quickly. The market is driven by the growing prevalence of chronic diseases and advancements in technology, while constraints include limited test menus and product recalls. The kits, blood-based tests, home-based tests, disposable devices, brick-and-mortar stores, and allergy tests dominate the market, with North America leading in market share and Asia-Pacific expected to grow the fastest. Major players in the market include Piramal Enterprises Ltd., Johnson & Johnson Services, Inc., OraSure Technologies, Inc., and more. In March 2022, Arlington Scientific reached an agreement with a Utah-based manufacturer.



Read more at GlobeNewswire: Global Self-testing Market Size To Exceed USD 18.85 Billion