Press Release

Saudi Arabia Patient at Home Testing Kits Market to grow with a CAGR of 6.24%

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Saudi Arabia Patient at Home Testing Kits Market.

 

According to TechSci Research report, “Saudi Arabia Patient at Home Testing Kits Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, Saudi Arabia Patient At Home Testing Kits Market is anticipated to witness an impressive growth in the forecast period with a CAGR of 6.24% through 2028.   This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market.

The emphasis on preventive healthcare measures is a key driver for the increased demand for At Home Testing Kits. At Home Testing Kits enable individuals to detect potential health issues early, often before symptoms become apparent. This early detection supports preventive measures, allowing individuals to address health concerns proactively. Preventive healthcare involves regular monitoring of key health parameters. At Home Testing Kits provide a convenient and accessible means for individuals to monitor various aspects of their health on a routine basis. The emphasis on preventive measures promotes a sense of empowerment and personal responsibility for one's health. At Home Testing Kits empower individuals to take an active role in their healthcare, fostering a proactive approach to well-being. At-home testing allows for the customization of health monitoring plans based on individual needs and risk factors. This tailored approach aligns with preventive healthcare strategies, where interventions can be personalized for better outcomes.

Preventive measures, including regular monitoring through at-home testing, can contribute to reducing overall healthcare costs. Early detection and intervention may prevent the progression of diseases, potentially avoiding more costly treatments in the long run. Preventive healthcare often involves lifestyle modifications based on health insights. At-home testing kits provide individuals with information to make informed decisions about their diet, exercise, and other lifestyle factors.

 

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In October 2021, The COVID-19 RT-PCR test developed by KAUST, the first of its kind in the Kingdom, has received approval from the Saudi Food and Drug Authority (SFDA). Noor DX, a startup at KAUST, launched the testing service at KAUST Health, utilizing processing equipment and biotech diagnostics developed by Professor of Bioscience Dr. Samir Hamdan and his Rapid Research Response team. KAUST President Chan was the inaugural individual to undergo testing. As the pandemic unfolded, the Kingdom experienced a surge in daily PCR tests from a few thousand to 75,000-110,000. While Saudi Arabia initially relied on kits from outside the country, the SFDA-approved in-house capability at KAUST enhances self-reliance, reduces wait times, and lowers associated costs. The newly developed single-step, multi-use RT-PCR test is priced significantly lower than previous tests. The service, initiated at KAUST, will later extend to communities within the Kingdom. Individuals can anticipate high-accuracy results delivered to their personal devices through QR code technology within 24 hours, with many results available within 12 hours. Travelers can proceed after downloading and printing the report, and for a premium, results can be expedited within five hours.

Integration with healthcare systems present challenges in the Saudi Arabia Patient At Home Testing Kits Market. Saudi Arabia has regional variations in healthcare infrastructure. Integrating at-home testing results seamlessly into different healthcare systems across regions with varying capabilities can be complex. Ensuring that at-home testing kit results can be seamlessly integrated into diverse healthcare information systems poses challenges related to interoperability. Standardization efforts may be needed to facilitate smooth data exchange. Integration with healthcare systems involves the transfer of sensitive health data. Ensuring robust data security measures and compliance with privacy regulations is essential to build trust among healthcare providers and consumers. Establishing effective health information exchange mechanisms between at-home testing kit providers and healthcare systems requires coordination and cooperation among various stakeholders, including government entities.

Saudi Arabia Patient at Home Testing Kits Market is segmented based on Test Type, Sample, Usage, Distribution Channel, and by region.

Based on the Test Type, Saudi Arabia Patient at Home Testing Kits Market is segmented into Blood Glucose Testing, Pregnancy & Fertility Testing, Cholesterol Testing, COVID-19 Testing, Urine Testing, Others. Cholesterol at-home testing kits are designed to allow individuals to monitor their cholesterol levels without the need for a visit to a healthcare facility. Cholesterol is a fatty substance essential for building cells and producing certain hormones, but elevated levels of cholesterol in the blood can increase the risk of heart disease and other cardiovascular issues. At-home cholesterol testing kits provide a convenient way for individuals to check and manage their cholesterol levels.

Based on Region, Northern & Central region held the largest share in the Saudi Arabia Patient at Home Testing Kits Market. Government initiatives and healthcare policies may play a role in promoting healthcare services in specific regions. If there are targeted efforts to enhance healthcare accessibility and promote at-home testing, it could contribute to the dominance of these regions. The presence of academic and research institutions in the Central and Northern regions may lead to the development and promotion of advanced healthcare solutions, including at-home testing kits. Major transportation hubs, such as airports and logistical centers, are often located in these regions. This facilitates the distribution and accessibility of at-home testing kits to a broader population.

 

Some of the major companies operating in the Saudi Arabia Patient at Home Testing Kits Market include:

  • Abbott Laboratories, Inc. (Saudi Arabia)
  • Roche Diagnostics Corporation
  • Siemens Medical Solutions
  • Quidel Corporation
  • GE Healthcare Saudi Arabia
  • Procter & Gamble Saudi Arabia
  • Mankind Pharma Ltd

 

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“Certain areas, particularly in Saudi Arabia, are projected to exert significant demand for Patient At Home Testing Kits. The growth in the competitive landscape and the presence of well-established companies in the market, committed to enhance the overall wellbeing of people each year, are expected to contribute to a remarkable growth of the Saudi Arabia Patient At Home Testing Kits Market in the forecast period," said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

Saudi Arabia Patient At Home Testing Kits Market by Test Type (Blood Glucose Testing, Pregnancy & Fertility Testing, Cholesterol Testing, COVID-19 Testing, Urine Testing, Others), By Sample (Blood, Urine, Saliva/Swab, Others), By Usage (Reusable, Disposable), By Distribution Channel (Retail Pharmacy Stores, Hypermarket/Supermarket, E-Commerce), By Region, By Competition Forecast & Opportunities, 2018-2028F has evaluated the future growth potential of Saudi Arabia Patient At Home Testing Kits Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Patient At Home Testing Kits Market.

 

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