Lexology June 6, 2024
As patent attorneys in the Med Tech space, it is evident that the self-testing revolution will continue to gain momentum. The global market is projected to grow from around 15 billion dollars at present to 27.3 billion dollars by 2032. This explosion is attributed in part to the COVID-19 pandemic. For many consumers, the experience of taking numerous lateral flow tests has meant that the idea of performing a diagnostic test in the privacy of their home is not unusual. In fact, self-testing can empower consumers to take control of their health. Affordable self-tests in particular have the potential to democratise access to healthcare.
Self-testing relies on the collection of a biological sample from the test subject, which could involve...