The research study on Pregnancy Test Kits Market – Global Outlook & Forecast 2023-2028, recently published by Arizton Advisory & Intelligence, states that the market will grow at a CAGR of 5% during 2022-2028.
To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3767
Market Overview:
The global pregnancy test kits market to reach USD 2.28 billion by 2028,
Pregnancy test kits are medical devices used to detect signs of pregnancy among women. The Human Chorionic Gonadotropin (hCG) hormone is considered a standard gold biomarker that provides overall information about pregnancy to identify the pregnancy. This hormone develops in the placenta during pregnancy. It helps to thicken the uterine lining, which supports growth embryo and sends the signal to the body to stop menstruation. The level of hCG increases after conception and continues to increase until around ten weeks into pregnancy. The increased rate of miscarriage in early pregnancies is around 10% of women under age 30 and 50% among 45 years old. Due to the high risk of unintended pregnancies and miscarriage during the early stage of pregnancy, it is essential to appreciate using pregnancy test kits early on in pregnancy.
Pregnancy Test Kits Market Report Scope
| Report Scope | Details |
| Market Size (2028) | USD 2.28 Billion |
| Market Size (2022) | USD 1.70 Billion |
| CAGR (2022-2028) | 5.08% |
| Base Year | 2022 |
| Forecast Year | 2023-2028 |
| Market Segmentation | Sample Type, Product, Distribution Channels, and Geography |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| Countries Covered | The US, Canada, China, India, Japan, South Korea, Australia, Germany, France, the UK, Italy, Spain, Brazil, Mexico, Argentina, Turkey, South Africa, and Saudi Arabia |
| Market Dynamics |
|
Looking for More Information? Download the Free Sample Report: https://www.arizton.com/request-sample/3767
Emergence of Digital Pregnancy Testing Kits Driving the Market Growth
In recent years, the introduction of digital pregnancy test kits, the new era in pregnancy test kits, has rapidly increased the adoption and offered market growth opportunities. The devices, such as Clearblue Easy, have quickly been adopted as home digital pregnancy test kits. In addition, some other companies- leading market players- started developing digital pregnancy test kits. The constant advances in pregnancy test kits and their technology are expected to boost market growth in the upcoming years. The factors influencing women to use digital pregnancy testing kits are the confirmation of pregnancy resulting through an indicator and screen, eliminating the confusion and requirement of a medical professional to confirm the results. Moreover, the digital pregnancy testing kits reduced the error with 99% to 100% accuracy in result delivery. The volume/amount of visibility of the interpretation quickly obtains the accuracy of the testing result. Furthermore, the advanced digital pregnancy test kits clearly show the result in word format and get the number of weeks for pregnant women. These factors influence the adoption of digital pregnancy testing kits.
Regional Insights
North America dominated the global pregnancy test kits market in 2022, accounting for a nearly 33% share. The high awareness and acceptance of pregnancy testing kits among the teenage population, the rising expenditure on reproductive healthcare services and solutions by the adult and advanced maternal-age women population, and the increasing burden of unintended pregnancies in the region fuel the market growth.
APAC is a rapidly growing pregnancy test kits market projected to witness the highest growth rate in the global market during the forecast period. The region’s strong potential and targeted population significantly demand pregnancy test kits. The factors that positively influenced the industry growth in APAC are growing awareness about such technologies and advanced pregnancy test kits that attract a significant population. In addition, the local and global market players’ presence drives the adoption rate of pregnancy test kits through various promotional activities.
Key Company Profiles
- Abbott
- Church & Dwight
- SPD Swiss Precision Diagnostics GmbH
- AccuBioTech
- Axis Medicare
- AdvaCare Pharma
- Biosynex
- bioMérieux
- Cardinal Health
- Cupid Limited
- Confirm BioSciences
- Cyclotes.de
- Everly Health (Natalist)
- Fairhaven Health
- Femometer
- Geratherm Medical AG
- Germaine Laboratories
- INTEC
- Johnson & Johnson
- Mankind Pharma
- Meril Life Sciences
- MP Biomedicals
- Medsource Ozone Biomedicals
- Healthpoint
- Princeton BioMeditech Corporation
- Piramal Enterprises Ltd (Piramal Pharma)
- QuidelOrtho
- Ro
- Salignostics
- Siemens Healthineers
- SUGENTECH
- Türklab A.S.
- Trinity Biotech
- Wondfo
Market Segmentation
- Sample Type: Urine and Others
- Product: Line and Digital
- Distribution Channels: Offline and Online
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Customization Available
Our team is always ready to answer your questions and concerns, guide you through the purchasing process, and dive into the research report. To learn more about the medical tent market, request an Analyst Brief from Arizton Advisory & Intelligence; our sales team will assist you in making an informed market decision to achieve market growth. We also provide customization solutions based on your business requirements and assistance with your questions and future goals. Our researchers will prioritize your interests and investigate all possible avenues to increase your business profits.
To Get the Benefit of Our Free Report Customization Service, Send Your Enquiry Here – https://www.arizton.com/customize-report/3767
Why Arizton Research Reports?
100% Customer Satisfaction
24×7 availability – we are always there when you need us.
200+ Fortune 500 Companies trust Arizton’s report.
80% of our reports are exclusive and first in the industry.
100% more data and analysis.
1000+ reports published to date.
Arizton’s Expertise in the Healthcare Industry
Arizton offers syndicate and custom market intelligence & competitive intelligence solutions across MedTech, pharmaceuticals, and life sciences & biotechnology markets within the healthcare industry. Arizton’s healthcare vertical provides unbiased research and evidence-based analysis to support business decisions and comprehensive end-to-end solutions to its customers, covering all dimensions of the healthcare value chain. We track various devices (equipment, implants, and hospital supplies) and drugs (patented, generic, & OTC) across North America, Europe, APAC, Latin America, and the Middle East & Africa regions. The healthcare reports provide historic and forecast data for 20+ key countries worldwide. We track product approvals/launches, M&A activities, and collaboration/partnership activities among pharma/biotech, medical device, and life sciences companies. Our pharmaceutical portfolio tracks 15+ therapy areas with a major focus on immunology, oncology, rare & genetic diseases, dermatology, and metabolic diseases. Our medical devices and life sciences portfolio covers in-vitro diagnostics, healthcare IT, patient monitoring, cardiovascular devices, medical imaging, personal protective equipment, clinical laboratory services, and CMO/CDMO services.
Explore more healthcare reports: https://www.arizton.com/market-reports/category/healthcare-lifesciences
Check More Top-Selling Research Reports:
Sperm Separation Devices Market – Global Outlook & Forecast 2023-2028
https://www.arizton.com/market-reports/sperm-separation-devices-market
Fertility Test Market – Global Outlook & Forecast 2022-2027
https://www.arizton.com/market-reports/fertility-test-market
U.S. In-Vitro Fertilization (IVF) Market – Industry Outlook and Forecast 2021-2026
https://www.arizton.com/market-reports/united-states-in-vitro-fertilization-market
Infertility Treatment Market – Global Outlook and Forecast 2019-2024
https://www.arizton.com/market-reports/infertility-treatment-market
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us:
Call: +1-312-235-2040
+1 302 469 0707
Mail: enquiry@arizton.com
Contact Us: https://www.arizton.com/contact-us
Blog: https://www.arizton.com/blog
Website: https://www.arizton.com/