Pregnancy Test Kits Market Share, Trends and Growth Analysis, By Type of Test (Blood Test For HCG, Urine Test For HCG), Product (Digital Devices, Line Indicators (Strips, Cassettes and Mid-Stream Devices), End Users (Hospitals, Clinics, Household), Forecast To 2023
Pregnancy test kits are used for identification of pregnancy by using tiny amount of pregnancy hormone including human chorionic gonadotrophin (HCG). The amount of the hormone increases during early stage of pregnancy. The demand for pregnancy test kits is increasing substantially owing to increasing incidences of unplanned pregnancy globally is driving the global pregnancy test kits market growth. Additionally, increasing demand for the self-contained and quick test results coupled with increasing age of women having first pregnancy are propelling growth of the global pregnancy test kits market.
pregnancy detection kits market is expected witness significant growth owing to advancement of technology, surge in introduction of newer products benefit the global pregnancy test kits market and rising awareness among women globally to boost the pregnancy detection kits market
However, lack of awareness about availability and efficiency of tests and high prices of kits especially in the developing region are hampering growth of the global pregnancy test kits market. In addition, a huge price gap between products of the small players and products from key players are hindering growth of the global pregnancy test kits market. Nonetheless, increasing advancement in the technologies and surge in adoption of advanced test kits for detection and confirmation of pregnancy are estimated to propel growth of the global pregnancy detection kits market in coming years.
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In addition to this, the HCG test is performed especially for confirming the pregnancy and determining the age of fetus are driving global pregnancy detection kits market size and growth. Also, these tests are used for diagnosing a potential miscarriage coupled with diagnose an abnormal pregnancy are estimated to offer most lucrative opportunities for growth in coming years. Thus, owing to these factors are estimated to benefit the pregnancy detection kits market growth over the assessment period.
Pregnancy Test Kits Market Competitive Analysis:
Some of the major companies in the global pregnancy detection kits market include Alere Inc., Quidel Corporation, Prestige Brands Holdings, Inc, Procter & Gamble Co., Cardinal Health, Piramal Enterprises, and Confirm Biosciences. The key players are increasingly trying to introduce new products and kits for grabbing substantial share in the overall revenue of the pregnancy test kits market.
Pregnancy Test Kits Market Segmentation:
The global pregnancy test kits market is segmented based on type of test, product and end users.
Based on the type of test, the pregnancy detection kits market is segmented into blood test for Urine test for HCG, HCG, and others.
Based on products, the pregnancy detection kits market is segmented into line indicators and digital devices. Of these, the line indicators are further segmented into cassettes, strips, mid-stream devices, and others.
Based on end users, the pregnancy detection kits market is segmented into clinics, hospitals, households, and others.
Pregnancy Test Kits Market Regional Analysis:
Regionally, the pregnancy test kits market is segmented into the Americas, Asia-Pacific, Europe, and Middle East & Africa. Of these, North America is estimated to remain dominant in the global pregnancy test kits market in the coming period owing to the increasing demand continuously. Additionally, increasing pool of educated as well as aware women is supporting demand in the region. Advent of advanced technologies for testing pregnancy at home instantly are driving growth of the pregnancy test kits market in the region.
However, Asia Pacific is estimated to expand by exhibiting fastest growth rate during the forecast period owing to increasing awareness about availability and effectiveness of pregnancy test kits in the region. Additionally, robust population coupled with unmet need medical needs are estimated to fuel the pregnancy tests kits market in the region. further, the factor including increasing disposable income and improving lifestyle in the region are driving growth of the global pregnancy test kits market.
Pregnancy Test Kits Industry News:
In 2019, Siemens Healthineers has recently received clearance for the Atellica IM Total hCG for the quantitative measurement of chorionic gonadotropin in human serum or plasma using the Atellica IM Analyzer. Such launch and introduction of products are predicted to fuel the market growth in coming years.
In 2019, the U.S. Food and Drug Administration (FDA) has cleared the VeriClear Digital Early Result Pregnancy Test, which can detect a pregnancy as early as 6 days prior to a missed period. Introduction of newer and advanced products are fueling growth of the global pregnancy test kits market.
Table of Contents
1.2 scope of study
1.2.1 research objective
1.2.2 assumptions & limitations
1.3 market structure:
2 research methodology
2.1 research process:
2.2 primary research
2.3 secondary research:
3 market dynamics
3.4 macroeconomic indicators
4 market factor analysis
4.1 porters five forces model
4.2 bargaining power of suppliers
4.3 bargaining power of buyers
4.4 threat of new entrants
4.5 threat of substitutes
4.6 intensity of rivalry
5 global pregnancy test kits market, by type of test
5.1 blood test for hcg
5.2 urine test for hcg
- global pregnancy test kits market, by products
6.1 digital devices
184.108.40.206 mid-stream devices
7 global pregnancy test kits market by, end users
- global pregnancy test kits market, by region
8.1 north America
8.4 middle east & Africa
- competitive landscape
9.1 major strategies adopted by market players
9..1.1 strategic partnership
9..1.2 merger & acquisition
10 company profile
List Of Tables
List Of Figures
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