At-Home COVID-19 Diagnostic Test Kit Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 5.3 Billion by 2030, growing at a CAGR of 19.5% from 2024 to 2030.
As we move into 2023 and beyond, the outlook for the At-Home COVID-19 Diagnostic Test Kit market is evolving, with a shift towards stabilization and continued demand driven by new variants, ongoing public health efforts, and the rising trend of personal health monitoring. Projections for 2023 to 2033 indicate a compound annual growth rate (CAGR) of 10-12%, with the market expected to reach nearly $8 billion by the end of 2033. With the pandemic entering an endemic phase, governments and healthcare systems are increasingly focusing on integrating these test kits into routine health practices. Consumer behavior is shifting as people become more comfortable with using these tests not only for COVID-19 but also for other respiratory illnesses, such as the flu or seasonal colds. The growing demand for at-home diagnostic kits is also being fueled by technological advancements, including the development of more accurate tests with faster results and enhanced ease of use. The market is expected to see significant investments in research and development, as well as partnerships between tech companies and healthcare providers to integrate these diagnostic kits into digital health ecosystems. Furthermore, while the initial rush during the height of the pandemic may have slowed, there is still a steady, ongoing need for these kits, especially in regions with less access to healthcare infrastructure. In addition, changes in healthcare regulations, such as the expansion of reimbursement policies for self-testing kits, are expected to further bolster market growth.
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From 2018 to 2022, the At-Home COVID-19 Diagnostic Test Kit market experienced a dramatic surge due to the global health crisis posed by the COVID-19 pandemic. The demand for these test kits skyrocketed as governments and health organizations urged the public to conduct at-home testing to prevent the spread of the virus. The market saw the introduction of various diagnostic kits, with manufacturers racing to provide accurate and easy-to-use solutions. By the end of 2022, the market had grown to an estimated $5 billion, driven by a mix of regulatory approvals and increasing consumer awareness about the importance of self-testing. The use of at-home kits became integral to controlling virus outbreaks, especially during waves of COVID-19 variants such as Delta and Omicron, when in-person testing services were overwhelmed.
Abbott
Celltrion
Lucira Health
Roche Holding
Access Bio
ACON Laboratories
BD
Cue Health
Rapigen Inc
Siemens Healthineer
Detect
Ellume
Genabio Diagnostics
IHealth Labs
InBios International
Maxim Biomedical
OraSure Technologies
OSANG
PHASE Scientific
Quidel Corporation
SD Biosensor
Watmind
Xiamen Boson Biotech
Acon Biotech
Hangzhou AllTest Biotech
Beijing Hotgen Biotech
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global At-Home COVID-19 Diagnostic Test Kit Market
Antigen Detection
Nucleic Acids Detection
Based on Types the Market is categorized into Below types that held the largest At-Home COVID-19 Diagnostic Test Kit market share In 2023.
Nasal Swab
Mid-turbinate Nasal Swab
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global At-Home COVID-19 Diagnostic Test Kit Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global At-Home COVID-19 Diagnostic Test Kit Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global At-Home COVID-19 Diagnostic Test Kit Market, By Type
6. Global At-Home COVID-19 Diagnostic Test Kit Market, By Application
7. Global At-Home COVID-19 Diagnostic Test Kit Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global At-Home COVID-19 Diagnostic Test Kit Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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