SEATTLE, July 06, 2021, (MEDGADGET) — Global Pregnancy Testing Device Market
Pregnancy monitoring instruments are medical devices that assist in determining whether or not a woman is pregnant. Human chorionic gonadotrophin (HCG) is detected in samples of women’s blood or urine by pregnancy measuring instruments (HCG). The system senses a trace amount of HCG, a female fertility hormone that rises in the female body during the early stages of pregnancy. Positive or negative findings are provided by the urine pregnancy test kit. It houses the test strip, which is in close contact with the urine of the future woman. The most accurate paternity test is a blood test kit. Centered on HCG receptors attached on the test strip, the test helps the clinician to detect precise amounts of HCG in women’s blood.
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Over the forecast period, the global pregnancy testing devices market is expected to develop due to rising demand for quick, self-contained tests results, the age of first birth, continuous technical innovation, and attractive product features such as mobile app compatibility in pregnancy test devices.
Furthermore, rising awareness of prenatal monitoring technologies and self-detection pregnancy devices, increased healthcare spending, increased disposable income, and an uptick in the rate of teenage pregnancy all contribute to growth of the global pregnancy testing devices market. Abbott Laboratories’ I-STAT TOTAL HCG test for fast and effective detection of HCG hormone in pregnant women obtained FDA approval in April 2015.
Furthermore, as opposed to lab procedures, which take longer and are more costly, prenatal monitoring instruments produce quick results at a lower cost. The reliability of a paternity test unit, on the other hand, is lower than that of lab testing. As per the World Health Organization (WHO), 40 percent of premature pregnancies and 10% of underage pregnancies occurred in 2015. The demand for the global pregnancy testing devices is expected to rise as the number of accidental pregnancies rises. As per a 2015 report published in the Lancet Global Health, India has 70 accidental pregnancies per 1000 women aged 15 to 49.
In addition, a number of innovative devices aimed at improving women’s health and hygiene are being introduced, which is expected to boost consumer demand. Deep Bajaj, the founder of PeeBuddy, India’s first concept patent secured female urination system, released the PregRX pregnancy test on paper in 2019. Women may use PregRX to verify their pregnancy status by peeing.
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However, the global pregnancy testing devices market’s development could be hampered by the proliferation of too many products on the market and device-related problems.
Due to high healthcare spending and company marketing campaigns on the successful use of pregnancy testing instruments, North America dominated the global pregnancy testing devices market. Lia Diagnostics, a U.S.-based company, created a flushable pregnancy test made of natural recyclable materials in December 2017. This pregnancy kit will be available on prescription, according to the manufacturer, and will be the world’s first and only washable, compostable pregnancy test.
Due to the high adoption of virtual pregnancy detection devices in Europe over the forecast period, the region is expected to expand at a faster pace.
Latin America is also a growing region, attributable to the awareness of the importance of early pregnancy detection and the low cost of pregnancy detection kits.
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Major companies contributing in the global pregnancy testing devices market are Prestige Brands Holdings Inc., Alere Inc., Piramal Enterprises, Confirm Biosciences, Cardinal Health, Procter and Gamble Co., and Quidel Corporation.
Table of Content
Global Pregnancy Testing Devices Market Research Report
Section 1: Global Pregnancy Testing Devices Industry Overview
Section 2: Global Economic Impact on Pregnancy Testing Devices Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Pregnancy Testing Devices Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Pregnancy Testing Devices Market Forecast
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