What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

OTC Tests Market By Product (Cholesterol Monitoring Test, Urine Analysis Test, Drug Abuse Test, Infectious Disease Testing, Fecal Occult Test, & Glucose Monitoring Test), Application (Cardiology, Oncology, Glucose Monitoring, Pregnancy & Fertility, Infectious Disease, Toxicology and Others), End User (Hospital & Clinic, Home Care, Diagnostic Laboratory and Others) Regions And Global Forecast 2020-2027

Publish Date: May, 2020
Report ID: 418361
Category: Healthcare
Pages: 238

$4700

The global OTC test market is expected to grow from USD 13.20 billion in 2019 to USD 30.44 billion by 2027, at a CAGR of 11.01% during the forecast period 2020-2027.

Accessible without a prescription. OTC drugs are available without a prescript, only 'over the counter. OTC drugs are in distinction to prescription drugs that need a doctor's command.

This market is propelled by factors such as the increasing number of HIV-infected individuals across the globe, coupled with increasing availability, growing prevalence of lifestyle diseases, an increasing number of product approvals, and rising government initiatives in this region, rising disposable income of the people and awareness about HIV OTC testing in emerging markets such as India, Brazil, and China.

The OTC Test market, by product, has been segmented into glucose monitoring tests, cholesterol tests, pregnancy & fertility tests, drugs-of-abuse tests, coagulation monitoring tests, urinalysis tests, infectious disease tests, and other tests. The contagious disease tests segment is expected to rise at the highest CAGR in the projection period. Based on the application the market is segmented into cardiology, oncology, glucose monitoring, pregnancy & fertility, infectious disease, toxicology and others. Among the other segments the infectious disease has the most substantial share in the global OTC test market. Moreover, the pregnancy & fertility has the high but constant demand in the market. The end user of the global OTC test market includes hospital & clinic, home care, diagnostic laboratory and others. However, the hospital and clinics has the highest share of the global OTC test market. The diagnostic laboratory has the second most substantial share of the global OTC test market.

North America witnessed for the most substantial share of the OTC test market. The large percentage of this region can be associated with the increasing predominance of lifestyle diseases, a rising number of product approvals, and rising government actions in this area. The Asia Pacific is expected to arise at the most significant CAGR throughout the projection period. The considerable growth in this regional segment is associated to the growing number of patient base and the increasing predominance of contagious diseases. The European region consider to be the home for key players. However, MEA and rest of the world is rising as the emerging market of the OTC test.

Some of the most proficient players of the global OTC test market are Bio-rad Laboratories, Inc., Cepheid, Inc., Hologic, Inc., Meridian Bioscience, Inc., OraSure, Technologies, Inc., Quidel Corporation, Roche Diagnostics Akers Biosciences, Inc., Alere Inc. and Becton, Dickinson and Company. They are mostly focussed on bringing the new technologies & expanding their territories to grab the significant market share in the future.

Coronavirus Test-makers increase the production: The difficulty of testing people who may have COVID-19 has become a hard to settling the coronavirus pandemic in the U.S. But, soon, this barrier should be achieved with multiple drug and diagnostic organisations regarding their Covid-19 tests relinquish the health regulator's muster.

The Study delivers comprehensive analysis of the following segments:

Global OTC Test Market Analysis And Forecast, By Product

Cholesterol Monitoring Test
Urine Analysis Test
Drug Abuse Test
Infectious Disease Testing
Fecal Occult Test
Glucose Monitoring Test

Global OTC Test Market Analysis And Forecast, By Application

Cardiology
Oncology
Glucose Monitoring
Pregnancy & Fertility
Infectious Disease
Toxicology
Others

Global OTC Test Market Analysis And Forecast, By End User

Hospital & Clinic
Home Care
Diagnostic Laboratory
Others

Global OTC Test And Forecast, By Regional Analysis

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Sweden
- Netherland
- U.K.
- Italy
- Spain
- Turkey
- Switzerland
- Belgium
- Rest Of Europe
Asia-Pacific
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
- Rest Of APAC
South America
- Brazil
- Argentina
- Peru
- Colombia
- Rest Of South America
Middle East And Africa
- UAE
- Saudi Arabia
- Egypt
- Nigeria
- South Africa
- Rest of MEA

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Product
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By End User
          4.3.4. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restraints
    5.4. Opportunities
    5.5. Challenges
6. Global OTC Test Market Analysis and Forecast, By Product
    6.1. Segment Overview
    6.2. Cholesterol Monitoring Test
    6.3. Urine Analysis Test
    6.4. Drug Abuse Test
    6.5. Infectious Disease Testing
    6.6. Fecal Occult Test
    6.7. Glucose Monitoring Test
7. Global OTC Test Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Cardiology
    7.3. Oncology
    7.4. Glucose Monitoring
    7.5. Pregnancy & Fertility
    7.6. Infectious Disease
    7.7. Toxicology
    7.8. Others
8. Global OTC Test Market Analysis and Forecast, By End User
    8.1. Segment Overview
    8.2. Hospital & Clin
    8.3. Home Care
    8.4. Diagnostic Laboratory
    8.5. Others
9. Global OTC Test Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global OTC Test Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in Global OTC Test Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. Bio-rad Laboratories, Inc.
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Cepheid, Inc.
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Hologic, Inc.
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Meridian Bioscience, Inc.
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. OraSure
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Technologies, Inc.
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Quidel Corporation
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Roche Diagnostics Akers Biosciences, Inc.
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Alere Inc.
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Becton Dickinson
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis

List of Table

1. Global OTC Test Market, By Product, 2017–2027(USD Billion)

2. Global Cholesterol Monitoring Test In OTC Test Market, By Region, 2017–2027(USD Billion)

3. Global Urine Analysis Test In OTC Test Market, By Region, 2017–2027(USD Billion)

4. Global Drug Abuse Test In OTC Test Market, By Region, 2017–2027(USD Billion)

5. Global Infectious Disease Testing OTC Test Market, By Region, 2017–2027(USD Billion)

6. Global Fecal Occult Test OTC Test Market, By Region, 2017–2027(USD Billion)

7. Global Glucose Monitoring Test OTC Test Market, By Region, 2017–2027(USD Billion)

8. Global OTC Test Market, By Application, 2017–2027(USD Billion)

9. Global Cardiology, OTC Test Market, By Region, 2017–2027(USD Billion)

10. Global Oncology, OTC Test Market, By Region, 2017–2027(USD Billion)

11. Global Glucose Monitoring, OTC Test Market, By Region, 2017–2027(USD Billion)

12. Global Pregnancy & Fertility, OTC Test Market, By Region, 2017–2027(USD Billion)

13. Global Infectious Disease, OTC Test Market, By Region, 2017–2027(USD Billion)

14. Global Toxicology, OTC Test Market, By Region, 2017–2027(USD Billion)

15. Global Others, OTC Test Market, By Region, 2017–2027(USD Billion)

16. Global OTC Test Market, By End User, 2017–2027(USD Billion)

17. Global Hospital & Clinic, OTC Test Market, By Region, 2017–2027(USD Billion)

18. Global Home Care, OTC Test Market, By Region, 2017–2027 (USD Billion)

19. Global Diagnostic Laboratory, OTC Test Market, By Region, 2017–2027 (USD Billion)

20. Global Others, OTC Test Market, By Region, 2017–2027 (USD Billion)

21. Global OTC Test Market, By Region, 2017–2027(USD Billion)

22. Global OTC Test Market, By North America, 2017–2027(USD Billion)

23. North America OTC Test Market, By Product, 2017–2027(USD Billion)

24. North America OTC Test Market, By Application, 2017–2027(USD Billion)

25. North America OTC Test Market, By End User, 2017–2027(USD Billion)

26. U.S. OTC Test Market, By Product, 2017–2027(USD Billion)

27. U.S. OTC Test Market, By Application, 2017–2027(USD Billion)

28. U.S. OTC Test Market, By End User, 2017–2027(USD Billion)

29. Canada OTC Test Market, By Product, 2017–2027(USD Billion)

30. Canada OTC Test Market, By Application, 2017–2027(USD Billion)

31. Canada OTC Test Market, By End User, 2017–2027(USD Billion)

32. Mexico OTC Test Market, By Product, 2017–2027(USD Billion)

33. Mexico OTC Test Market, By Application, 2017–2027(USD Billion)

34. Mexico OTC Test Market, By End User, 2017–2027(USD Billion)

35. Europe OTC Test Market, By Product, 2017–2027(USD Billion)

36. Europe OTC Test Market, By Application, 2017–2027(USD Billion)

37. Europe OTC Test Market, By End User, 2017–2027(USD Billion)

38. Germany OTC Test Market, By Product, 2017–2027(USD Billion)

39. Germany OTC Test Market, By Application, 2017–2027(USD Billion)

40. Germany OTC Test Market, By End User, 2017–2027(USD Billion)

41. France OTC Test Market, By Product, 2017–2027(USD Billion)

42. France OTC Test Market, By Application, 2017–2027(USD Billion)

43. France OTC Test Market, By End User, 2017–2027(USD Billion)

44. U.K. OTC Test Market, By Product, 2017–2027(USD Billion)

45. U.K. OTC Test Market, By Application, 2017–2027(USD Billion)

46. U.K. OTC Test Market, By End User, 2017–2027(USD Billion)

47. Italy OTC Test Market, By Product, 2017–2027(USD Billion)

48. Italy OTC Test Market, By Application, 2017–2027(USD Billion)

49. Italy OTC Test Market, By End User, 2017–2027(USD Billion)

50. Spain OTC Test Market, By Product, 2017–2027(USD Billion)

51. Spain OTC Test Market, By Application, 2017–2027(USD Billion)

52. Spain OTC Test Market, By End User, 2017–2027(USD Billion)

53. Asia Pacific OTC Test Market, By Product, 2017–2027(USD Billion)

54. Asia Pacific OTC Test Market, By Application, 2017–2027(USD Billion)

55. Asia Pacific OTC Test Market, By End User, 2017–2027(USD Billion)

56. Japan OTC Test Market, By Product, 2017–2027(USD Billion)

57. Japan OTC Test Market, By Application, 2017–2027(USD Billion)

58. Japan OTC Test Market, By End User, 2017–2027(USD Billion)

59. China OTC Test Market, By Product, 2017–2027(USD Billion)

60. China OTC Test Market, By Application, 2017–2027(USD Billion)

61. China OTC Test Market, By End User, 2017–2027(USD Billion)

62. India OTC Test Market, By Product, 2017–2027(USD Billion)

63. India OTC Test Market, By Application, 2017–2027(USD Billion)

64. India OTC Test Market, By End User, 2017–2027(USD Billion)

65. South America OTC Test Market, By Product, 2017–2027(USD Billion)

66. South America OTC Test Market, By Application, 2017–2027(USD Billion)

67. South America OTC Test Market, By End User, 2017–2027(USD Billion)

68. Brazil OTC Test Market, By Product, 2017–2027(USD Billion)

69. Brazil OTC Test Market, By Application, 2017–2027(USD Billion)

70. Brazil OTC Test Market, By End User, 2017–2027(USD Billion)

71. Middle East and Africa OTC Test Market, By Product, 2017–2027(USD Billion)

72. Middle East and Africa OTC Test Market, By Application, 2017–2027(USD Billion)

73. Middle East OTC Test Market, By End User, 2017–2027(USD Billion)

74. UAE OTC Test Market, By Product, 2017–2027(USD Billion)

75. UAE OTC Test Market, By Application, 2017–2027(USD Billion)

76. UAE OTC Test Market, By End User, 2017–2027(USD Billion)

77. South Africa OTC Test Market, By Product, 2017–2027(USD Billion)

78. South Africa OTC Test Market, By Application, 2017–2027(USD Billion)

79. South Africa OTC Test Market, By End User, 2017–2027(USD Billion)

List of Figures

1. Global OTC Test Market Segmentation

2. OTC Test Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global OTC Test Market Attractiveness Analysis By Product

9. Global OTC Test Market Attractiveness Analysis By Application

10. Global OTC Test Market Attractiveness Analysis By End User

11. Global OTC Test Market Attractiveness Analysis By Region

12. Global OTC Test Market: Dynamics

13. Global OTC Test Market Share By Product (2019 & 2027)

14. Global OTC Test Market Share by Application (2019 & 2027)

15. Global OTC Test Market Share By End User (2019 & 2027)

16. Global OTC Test Market Share by Regions (2019 & 2027)

17. Global OTC Test Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!