The Antigen Home Diagnostic Testing Market Size is predicted to witness a 8.51% CAGR during the forecast period for 2024-2031.
Antigen home diagnostic testing involves using rapid tests at home to detect specific viral antigens, such as for COVID-19. These tests provide quick results, typically within minutes, using kits that include everything needed for sample collection and analysis. They are convenient for screening asymptomatic individuals or conducting regular monitoring in various settings. While effective for detecting active infections, they may have slightly lower sensitivity than PCR tests. Regulatory approval ensures their accuracy and safety for at-home use, supporting public health efforts to control infectious diseases.
Furthermore, these reflect the fast antigen detection test kit trends of the technology revolution. Additionally, by certifying and licensing these kits for use in home testing, board authorities demonstrated that they played a crucial role. They have made the current climate favorable for the global growth of the antigen home diagnostic test market.
Competitive Landscape
Some Major Key Players In The Antigen Home Diagnostic Testing Market:
- Everlywell
- LetsGetCheck
- DxTerity
- ColorHealth
- LabCorp
- Clinical
- Enterprise
- KwokmanQuest
- Audere
- LuciraHealth
- CueHealth
- Detect
- Other Market Players
Market Segmentation:
The antigen home diagnostic testing market is segmented based on patient type and application. Based on type, the market is segmented into Cancer, Influenza, Sexual Health and Others. By application, the market is segmented into For Organizations and For Individuals.
Based On The Type, The Influenza Segment Is Accounted As A Major Contributor To The Antigen Home Diagnostic Testing Market.
The influenza category is expected to hold a major global market share in 2023. The process of diagnosing influenza samples at home entails more than just quickly and accurately identifying influenza viruses, both common and pandemic. These tests are perfect for both timely interventions and management purposes because they often employ nasal or throat swabs and can detect the virus in a matter of minutes. On the other hand, sexual health is anticipated to be the fastest-growing category in the market. The human papillomavirus (HPV), hepatitis B and C, and HIV antigens are among the sexually transmitted infections that sexual health antigen-sensitive home diagnostic testing can detect. These diagnostics can identify STls for prompt treatment, which will stop transmission, and they can be based on viral antigens, antibodies, or other indicators.
For Organizations Segment To Witness Growth At A Rapid Rate.
The for organizations segment held the largest share of the market over the forecast period. To improve diagnostic speed, antigen-based home testing kits are used by healthcare institutions like clinics, hospitals, and labs for on-site sampling. These outline the kinds of tests that are carried out in emergency rooms, walk-in clinics, and primary care settings with the express purpose of triaging patients, checking for contagious infections, and quickly reaching treatment conclusions.
In The Region, The North American Antigen Home Diagnostic Testing Market Holds A Significant Revenue Share.
The North American antigen home diagnostic testing market is estimated to report the largest market share in the near future. The adoption of the newest innovations in health technologies and diagnostic solutions has been pioneered in North America, particularly in the United States and Canada. The region is proud to have a robust healthcare delivery network, state-of-the-art laboratory systems, and a long-standing regulatory framework. North America was at the forefront of the worldwide antigen home diagnostic test market due to its first acceptance and product maturity. The United States is an especially bad example of excessive healthcare costs. In addition, Asia Pacific is estimated to grow rapidly in the global antigen home diagnostic testing market
Recent Developments:
- In Feb 2021, The FDA has granted authorization for Everlywell's COVID-19 Test Home Collection Kit to be sold directly to consumers.The Everlywell COVID-19 Test Home Collection Kit DTC has received FDA authorization for direct sale to consumers both online and in retail stores, without requiring symptoms or known exposure.
Antigen Home Diagnostic Testing Market Report Scope
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 8.51% from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, And Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Everlywell, LetsGetCheck, DxTerity, ColorHealth, LabCorp, Clinical, Enterprise, KwokmanQuest, Audere, LuciraHealth, CueHealth, Detect |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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