Over The Counter Test Market: Invasiveness of Blood Glucose MonitorsPosted by Kriti on June 9th, 2021 [96 Pages Report] The OTC tests 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. The growth of the OTC tests market is mainly driven by the rising prevalence of target diseases and disorders, such as diabetes and infectious diseases, both prominent ailments across the globe that require rapid and effective testing. Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=78819178 The infectious disease tests segment is projected to grow at the highest CAGR between 2018 and 2024. Growth in this market can be attributed to 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. By technology, the lateral flow assays segment is growing at the highest rate. The lateral flow assays segment is projected to grow at the highest rate in the OTC Test Market, by technology. In the past few years, the lateral flow assay POC testing market has grown significantly due to the increasing adoption of LFA testing products in home care. Companies are increasingly focusing on the development of innovative LFA-based OTC devices for the confirmation of pregnancy (using hCG levels) and ovulation, screening for infectious diseases and drugs of abuse are the factors expected to drive the growth of these markets during the forecast period Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=78819178 The Over the Counter Test Market in the Asia Pacific is growing at the highest CAGR during the forecast period. The Asia Pacific is estimated to grow at the highest CAGR during the forecast period. The high growth in this regional segment is majorly attributed to the increasing patient population base and the growing prevalence of infectious diseases. Key Over The Counter Test Market Players: To speak to our analyst for a discussion on the above findings, click Speak to Analyst Like it? Share it!More by this author |