Self-Diagnostic Testing Market Size, Share, Analysis, Demand, Applications, Sale, Growth Insight, Trends, Leaders, Services and Forecast to 2025 - PowerPoint PPT Presentation

About This Presentation

Self-Diagnostic Testing Market Size, Share, Analysis, Demand, Applications, Sale, Growth Insight, Trends, Leaders, Services and Forecast to 2025


Self-Diagnostic Testing Market study added by Adroit Market Research will provide the budget of industry in 2019, also applications and growth predictions – PowerPoint PPT presentation

Number of Views:79


Transcript and Presenter's Notes

Title: Self-Diagnostic Testing Market Size, Share, Analysis, Demand, Applications, Sale, Growth Insight, Trends, Leaders, Services and Forecast to 2025

Global Self-Diagnostic Testing Market
  • Drivers, Restraints, Potential Growth
    Opportunities, Product Size, Application
    Estimation, Vendor Competitive Landscape, Trends
    and Forecast 2019-2025

Single Use License US 4400
Request Sample
Self-Diagnostic Testing Market Analysis by
Trends, Demand Global Forecast to 2025
  • Needle-free Diabetes Monitoring Devices Expand
    Growth Possibilities in Self Diagnostic Testing
  • Growing health consciousness amongst global
    population is an ideal measurement to determine
    the growing popularity of self-testing aids as a
    means to monitor health status. In present times,
    the global population not only banks upon
    advanced diagnostics and therapeutics, but also
    considerably adheres to effective self-diagnostic
    measurements to understand underlying disease
    symptoms and progression.
  • The millennial population across the globe are
    walking the extra mile to pursue holistic health.
    As several developing countries such as India are
    demonstrating a spike in working population
    bearing enormous technical awareness and
    considerably stable disposable income, the trend
    of home care for self as well as for aging
    parents is likely to demonstrate substantial rise
    in forthcoming years. This prevalent rise in
    self-diagnosis is anticipated to fuel palpable
    growth in global self-diagnostic testing market
    in the years to come.
  • Chronic Disease Conditions and Burgeoning
    Geriatric Population Lend Growth Fillip
  • The demands for home based testing kit is
    unparalleled and is estimated to remain soaring
    with massive technological advances as well as
    associated benefits such as cost efficiency,
    confidentiality, as well as steadfast access.
    Additionally, a plethora of other notable
    advantages such as detection of underlying
    disease conditions such as cholesterol and
    hepatitis further diversify functional scope of
    home based testing device. Home based testing and
    monitoring devices remain exceptionally helpful
    in detecting pregnancy as well as for periodic
    and routine diabetes monitoring.

Self-Diagnostic Testing Market Analysis by
Trends, Demand Global Forecast to 2025
  • Yet another reason for massive reliance on
    self-diagnostic testing market is the burgeoning
    number of lifestyle diseases amongst urban
    population. According to a recent report by
    Deloitte, as the number of baby boomers and aging
    population demonstrates a spike, occurrences of
    various lifestyle diseases and chronic maladies
    are poised to proliferate uncontrollably.
    Therefore, healthcare needs as well as
    technological advances are likely to increase
    healthcare spending towards timely monitoring of
    chronic health conditions. According to a recent
    report by National Center for Disease Control and
    Prevention, six adults amongst every ten have
    symptoms of chronic diseases such as diabetes,
    cancer, or cardiac disorder. Therefore, periodic
    health monitoring remains crucially vital and
    integral, allowing the self- diagnostic testing
    market to grow favorably.
  • Health Conscious Urban Workforce with Stable
    Disposable Income Engage in Self-Monitoring
    across Emerging Economies
  • Besides developed countries, emerging ones such
    as India have also reported considerable rise in
    incidences of chronic health conditions. Owing to
    a speedily growing population and concomitant
    rise in disease occurrences, more emphatically
    chronic disorders, countries such as India is
    also exhibiting huge potential in health
    conscious individuals, more so amongst urban
    working class who tend to bank upon more on
    modern therapeutic as well as diagnostic and
    preventive medical aids to tackle chronic
  • Browse the complete report on _at_

Self-Diagnostic Testing Market Analysis by
Trends, Demand Global Forecast to 2025
  • Despite flourishing acceptance of home-based
    testing systems, international organizations such
    as the FDA routinely revises its regulatory norms
    concerning home based testing mechanism. In a
    recent development, the FDA has upgraded novel
    safety norms concerning home based testing and
    strictly restricts all testing kits that are not
    FDA approved. Therefore, all home based testing
    apparatus such as diabetes measuring strips,
    pregnancy kit and the like have to strictly
    adhere to FDA regulations. Equipment that do not
    comply with FDA regulatory framework may cause
    irreparable damage to the patients also resulting
    in severe injuries as well as fatality.
  • FDA Constantly Upgrades Norms in Self Diagnostic
    Testing Space to Ensure Safety
  • In a recent incident, the FDA has hinted about
    the serious repercussions of using unapproved
    continuous glucose monitoring (CGM) devices and
    other insulin measuring aids such as insulin
    pumps and insulin dosage pumps which could
    eventually lead to complications such as diabetic
    ketoacidosis, coma, extremely low sugar count as
    well as death. Therefore, it becomes crucially
    vital to employ only FDA approved blood
    monitoring devices for effective diabetes
  • Pursuing revolutionary advancement in
    self-diagnostic testing space, leading drug and
    medical device companies are fast embracing novel
    technologies to ensure painless monitoring
    effortlessly in the comfort of one's home.
    Pricking one's finger to draw blood samples has
    entailed painful experiences, interfering with
    routine testing norms.

Self-Diagnostic Testing Market Analysis by
Trends, Demand Global Forecast to 2025
  • Sensonics, Roche Undersign Distribution Deal for
    Marketing Eversense across BRIC Nations
  • To offset the conditions, companies across Europe
    are investing in developing novel needle-free
    testing devices that can enable routine blood
    tests hassle-free. In a recent development,
    Sensonics, a UK based sensor company that offers
    medical as well as scientific aid has unveiled a
    high performance, subcutaneous implant aimed at
    routine blood glucose monitoring. The device,
    Eversense owing to its superlative technological
    scope and near accurate results has also bagged
    FDA approval in 2018.
  • The company therefore is entering into long term
    commitments to ensure global distribution. In
    this light, Sensonics has undersigned a deal with
    Roche to expand diabetes monitoring across BRIC
    nations. This distribution agreement is likely to
    extend for the next two years paving sales across
    geographical belts, marking geographical
    expansion. This unique diabetes monitoring
    miniature sensor is implanted underneath the skin
    in the upper arm region and measures blood sugar
    concentration with the help of fluorescent
    polymer that monitors blood sugar concentration
    and gives numbers in real time.
  • Further in self-monitoring diagnostic testing
    market, Enable Biosciences has recently bagged a
    whopping grant worth 1.5 million from NIDDK to
    develop new testing methods to examine dried
    blood samples collected at home to monitor and
    assess the risks of type 1 diabetes. This home
    based type 1 diabetes testing method will help in
    averting the risks of DKA that ultimately lead to
    fatality. Developments as such are estimated to
    render major thrust to global self-diagnostic
    testing market in the coming years.

Self-Diagnostic Testing Market Analysis by
Trends, Demand Global Forecast to 2025
  • Key Study Deliverables
  • Market valuation in terms of value and volume
    of the global self-diagnostic testing market
    through the forecast span, 2019-25
  • Comprehensive market evaluation across major
    regions based on market segmentation
  • A thorough rundown on market dynamics such as
    drivers, threats, challenges, opportunities
  • A clear analytical review of competition
    spectrum, highlighting industry forerunners,
    company as well as product portfolios
  • Major highlights on winning marketing
    strategies adopted by leading players
  • Purchase a single user copy of the global
    Self-Diagnostic Testing Market report_at_

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email
Write a Comment
User Comments (0)