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4 Most In-demand March Studies on Medical Diagnostic Tests Market

29 Mar 2022 • by Natalie Aster

LONDON – Market Publishers would like to inform that recently our collection of topical research studies covering the medical diagnostic tests market has been replenished with novel reports worked out by our research partners. Here are the 4 most in-demand research reports featuring the medical diagnostic tests market uploaded to MarketPublishers.com in March:

Point of Care Diagnostics Market 

Driven by the increasing healthcare expenditures, growing geriatric population, rising prevalence of chronic and infectious diseases, increasing use of home-based glucose monitoring systems, and expanding adoption of novel immunoassays techniques, the global market for Point of Care (POC) diagnostics is projected to grow at a 6.59% CAGR over 2022-2026. However, this market is also set to face a range of challenges, for instance, the inadequate adoption of point of care devices, and stringent regulatory policies. By the year 2026, the value of the global POC diagnostics market is expected to cross USD 37.9 billion…

Coronavirus Testing Kits Market

The global market for coronavirus testing kits crossed the value of USD 68.1 billion last year and is predicted to maintain sustainable growth in the next 5 years, spurred by the rising incidence of COVID19, enhancing awareness of preventive healthcare practices, and increasing healthcare expenditures by governments. Besides, the mounting demand for self-diagnostic testing kits and the availability of testing kits on online platforms will also boost the growth of the global coronavirus testing kits market in the coming years. By 2027, the market value is forecast to go beyond USD 6.95 billion…

Drugs of Abuse Testing Market

The use of illicit drugs is on the rise across the world. According to the UN Office on Drugs and Crime (UNODC) World Drug Report 2021, around 5.5% of the population aged between 15 and 64 years have used drugs at least once in the past year, while 36.3 million people, or 13% of the total number of persons who use drugs, suffer from drug use disorders. Drugs of abuse testing involves the detection of one or more illegal and/or prescribed substances in the urine, blood, saliva, hair, or sweat. The global market for drugs of abuse testing is driven by strict government regulations against illicit drug intake, the expanding availability of forbidden drugs, ongoing technological advances in testing equipment, and increasing emphasis on workplace screening among the urban population. However, the lack of skilled technicians for drug of abuse testing along with the legalization of drugs may hamper the market growth to some extent.  The world’s market for drugs of abuse testing is slated to amount to the value of USD 6.6 billion by the year 2027…

Home Genetic Testing Kits Market

In the last few decades, the field of genetics has witnessed rapid evolution which has eventually led to the development of genetic tests. In recent times, home genetic testing kits have entered the market; these tests can be done at home without the prescription of a healthcare professional. The introduction of home genetic testing kits has empowered people and given them a feeling of personal control in improving the quality of their lives. To this day, several home genetic testing kits have entered the global market, these products provide insights on various parameters including genetic disease risk analysis, personal wellbeing, ancestry, diet, nutrition, parenting, and others. By the year 2028, the world’s market for home DNA test kits is anticipated to exceed USD 10 billion. The US is predicted to dominate the overall market in the next 7 years with a share of around 20%...

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