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Over The Counter/OTC Test Market by Product and Technology – Global Forecast to 2024 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Over
The Counter/OTC Test Market by Product and Technology – Global Forecast
to 2024”
report has been added to ResearchAndMarkets.com’s
offering.

The OTC Test market is projected to reach USD 22.2 billion by 2024 from
USD 11.9 billion in 2018, at CAGR of 11.0% during the forecast period.

Diabetes is a prominent affliction across the globe and a key
contributor to the demand for OTC tests. Infectious diseases also
require rapid and effective testing. The need for tests for both
applications has resulted in growing government support for the
development and provision of OTC tests. However, the invasive nature of
self-monitoring/traditional blood glucose systems and cholesterol
monitoring is likely to affect market growth to a certain extent.

“The infectious disease tests segment is expected to grow at
the highest CAGR during the forecast period.”

The OTC Test market, by product, has been categorized into eight major
segments – glucose monitoring tests, cholesterol tests, pregnancy &
fertility tests, drugs-of-abuse tests, coagulation monitoring tests,
urinalysis tests, infectious disease tests, and other tests. The
infectious disease tests segment is estimated to grow at the highest
CAGR during the forecast period.

This market is majorly driven by factors such as the increasing number
of HIV-infected individuals across the globe, coupled with increasing
availability and awareness about HIV OTC testing in emerging markets
such as India, Brazil, and China

“Asia Pacific projected to grow at the highest CAGR during
the forecast period.”

In the OTC Test market, Asia Pacific is projected to record the highest
growth during the forecast period. China, Japan, and India are the major
markets for OTC Test in the Asia Pacific. An increasing prevalence of
target conditions and infectious diseases and growing patient population
base in emerging countries like India and China are expected to drive
the growth of these markets during the forecast period.

The OTC Test market comprises major providers such as OraSure
Technologies (US), Roche Diagnostics (Switzerland), and i-Health Lab
(US). The study includes an in-depth competitive analysis of these key
players in the OTC Test market, along with their company profiles,
recent developments, and key market strategies.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Growing Prevalence of Diabetes

5.2.1.2 High Prevalence of Infectious Diseases in Developing Countries

5.2.1.3 Growing Support and Collaboration for Developing OTC Tests

5.2.2 Opportunities

5.2.2.1 Introduction of Combined Kits for Testing Pregnancy and Ovulation

5.2.3 Challenges

5.2.3.1 Invasiveness of Blood Glucose Monitors and Cholesterol Monitors

6 Over the Counter Tests Market, By Technology

6.1 Introduction

6.2 Lateral Flow Assays

6.2.1 Lateral Flow Assays to Register the Highest Growth During the
Forecast Period

6.3 Immunoassays

6.3.1 Increasing Use of Immunoassays for Pregnancy & Infectious Disease
Testing is Driving Market Growth

6.4 Dipsticks

6.4.1 Dipsticks Provide Only A Qualitative Analysis, Which is A Major
Factor Restraining Market Growth

7 Over the Counter Tests Market, By Product

7.1 Introduction

7.2 Glucose Monitoring Tests

7.2.1 Glucose Monitoring Tests Dominated the OTC Tests Market in 2018

7.3 Pregnancy & Fertility Tests

7.3.1 Advantages of Pregnancy & Fertility Tests Have Driven Companies to
Focus on Product Development

7.4 Infectious Disease Tests

7.4.1 Increasing Prevalence of Infectious Diseases is Driving Market
Growth

7.5 Coagulation Monitoring Tests

7.5.1 Coagulation Monitoring Tests Provide Quick and Reliable Results

7.6 Urinalysis Tests

7.6.1 Increasing Prevalence of Urinary Tract Infections is A Major
Factor Driving Market Growth

7.7 Cholesterol Tests

7.7.1 Convenience of Home-Use Tests has Expanded their Use

7.8 Drugs-Of-Abuse Tests

7.8.1 Rising Production and Consumption of Illegal Drugs Have Driven the
Focus on Testing

7.9 Other Tests

8 Over the Counter Tests Market, By Region

8.1 Introduction

8.2 North America

8.2.1 US

8.2.1.1 US to Dominate The North America OTC Tests Market

8.2.2 Canada

8.2.2.1 Increasing Government Initiatives to Support the Adoption of POC
Products to Drive Market Growth in Canada

8.3 Europe

8.3.1 Germany

8.3.1.1 Germany is the Fastest-Growing Market in Europe

8.3.2 France

8.3.2.1 High Demand for Glucose Testing Kits to Drive Market Growth in
France

8.3.3 UK

8.3.3.1 Increasing Awareness of Oct Tests Among the Users

8.3.4 Rest of Europe

8.4 Asia Pacific

8.4.1 Asia Pacific is the Fastest-Growing Segment of the Global OTC
Tests Market

8.5 Rest of the World

9 Competitive Landscape

9.1 Overview

9.2 Vendor Benchmarking

9.3 Competitive Leadership Mapping

9.3.1 Visionary Leaders

9.3.2 Innovators

9.3.3 Dynamic Differentiators

9.3.4 Emerging Companies

9.4 Market Ranking Analysis, 2017

9.5 Competitive Situation and Trends

9.5.1 Product Launches

9.5.2 Collaborations, Partnerships, and Agreements

9.5.3 Acquisitions

10 Company Profiles

10.1 Roche Diagnostics

10.2 Abbott Laboratories

10.3 Orasure Technologies

10.4 Accubiotech

10.5 LIA Diagnostics

10.6 Labstyle Innovations

10.7 SD Biosensor

10.8 Acon Laboratories Inc

10.9 Sinocare

10.10 Nowdiagnostics Company

10.11 iHealth Lab

10.12 Biolytical Laboratories

For more information about this report visit https://www.researchandmarkets.com/r/ew2tqw

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