Pregnancy Testing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Pregnancy Testing Market by product (Pregnancy rapid test kits,Line indicator devices,Digital devices,Fertility rapid test), Test Type (Follicle stimulating hormone (FSH) test ,Human chorionic gonadotropin hormone blood test, Urine test, Luteinizing hormone (LH) test), Distribution Channel, (Hospital Pharmacies, Retail Pharmacies,Online Pharmacies, Gynaecology clinics, Hypermarkets or supermarkets), and by Geography

 

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Report

Description

Global Pregnancy Testing Market was valued at US$ 1260 Mn in the year 2020 and is anticipated to grow at US$ 1790 Mn till 2027 witnessing a CAGR of 5.14% over the forecast period 2021-2027. Pregnancy testing kits are used for early detection of pregnancy. Home pregnancy tests are simple and easy to use, inexpensive and provide accurate results within minutes. Most of the pregnancy tests are being taken in the home provides. The resulting accuracy is up to 97% to 99% when they are used as per the instructions. Urine pregnancy kit will be used for the detection of HCG hormone, a hormone which is only produced in the body of the pregnant woman. HCG production will be increased in initial days of the pregnancy which will be getting doubled for every 2-3 days in blood. Presence of HCG above a specific range will confirm pregnancy. There are several prominent factors that increase the demand for pregnancy test kits such as increasing disposable income, adoption of technological development for detecting pregnancy and growing healthcare expenditure. However, lack of technical proficiency in a woman is a major restraining factor. Increasing demand for easy way to obtain faster results and easily attainable pregnancy kits in online stores and pharmacy stores lead towards the increase in demand for pregnancy test kits. Pregnancy Testing Market not always readily available to such ladies. Dip-strip tests that are simple to use and highly accurate can be acquired for less than ten cents from manufacturers. Furthermore, Pregnancy Testing Market are not widely available in low-income nations, and a lack of awareness, combined with a low literacy rate among women, further inhibits the sale of pregnancy test kits in these countries. As a result, problems such as a lack of awareness and the lack of availability of pregnancy test kits are anticipated to stymie the market’s expansion.

 


Pregnancy Testing Market 

MARKET SUMMARY
-
5.14%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR–5.14%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Pregnancy Testing Market

  • Global Pregnancy Testing Market product, test type, distribution channel, and geography.
  • Growing awareness regarding the availability of pregnancy test kits and utilization of the self-detection pregnancy kits and benefits has expected to create demand for pregnancy test kits. Moreover, a rise in disposable income, increased healthcare expenditure, adoption of technological advancements to detect pregnancy are few factors enables stimulate the market.
  • However, price sensitivity of pregnancy detection kits is making unaffordable for the women in underdeveloped and developing regions. Lack of technical expertise in a woman is major restraints of the market.

 

Key Players
  • Procter & Gamble Co
  • Alere Inc
  • Church & Dwight
  • Germaine Laboratories
  • SPD Swiss Precision Diagnostics
  • Piramal Enterprises
  • Abbott Laboratories
  • DCC plc
  • Cardinal Health
  • Prestige Brands Holdings
  • Kent Pharmaceuticals
  • Quidel Corporation
Growth

Pregnancy Testing Market

A surge in the number of unintended pregnancies increased awareness among women is expected to offer enormous growth opportunities for the market players. According to World Health Organization statistics, in 2015 over 40% of the pregnancy cases which are reporting every year are unintended & about 10% of the pregnancy cases were of teenage. A rise in the number of unintended pregnancies is expected to create demand for pregnancy test kits. Moreover, increasing promotional campaigns undertaken by the manufacturers like celebrity endorsing in order to influence the rural people about utilization of the pregnancy detection devices is expected to bolster pregnancy testing market growth. The market is growing due to reasons like 99% accuracy rate in identifying HCG levels from the day of an expected period of the women. Manufacturers are focussing on the new product launches, market expansions, mergers, acquisitions and collaborations which are also showing positive influence on the growth of the market.


North-America Got Significant Share

Pregnancy Testing Market

North America is expected to dominate the pregnancy testing market owing to high healthcare expenditure and awareness programmes by companies for effective usage of pregnancy test kits. Europe is expected to expand at robust growth rate owing to the high adaptation of the digital pregnancy detecting kits along with the increasing disposable incomes. Asia Pacific is anticipated to show a significant growth owing to the increasing adaptation of pregnancy testing kits in the rural areas. Latin America is also emerging as a significant market owing to the growing awareness regarding the benefits of the early pregnancy detection and affordability of pregnancy detection kits.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings, and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments, and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Pregnancy Testing Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Procter & Gamble Co (U.S.)
  • Alere Inc. (U.S.)
  • Church & Dwight (U.S.)
  • Germaine Laboratories (U.S.)
  • SPD Swiss Precision Diagnostics (Switzerland)
  •   Piramal Enterprises (India),
  • Abbott Laboratories (U.S.)
  • DCC plc (Ireland)
  • Cardinal Health (U.S.)
  • Prestige Brands Holdings (U.S.)
  • Kent Pharmaceuticals (UK)
  • Quidel Corporation (U.S.).

Description

Global Pregnancy Testing Market was valued at US$ 1260 Mn in the year 2020 and is anticipated to grow at US$ 1790 Mn till 2027 witnessing a CAGR of 5.14% over the forecast period 2021-2027. Pregnancy testing kits are used for early detection of pregnancy. Home pregnancy tests are simple and easy to use, inexpensive and provide accurate results within minutes. Most of the pregnancy tests are being taken in the home provides. The resulting accuracy is up to 97% to 99% when they are used as per the instructions. Urine pregnancy kit will be used for the detection of HCG hormone, a hormone which is only produced in the body of the pregnant woman. HCG production will be increased in initial days of the pregnancy which will be getting doubled for every 2-3 days in blood. Presence of HCG above a specific range will confirm pregnancy. There are several prominent factors that increase the demand for pregnancy test kits such as increasing disposable income, adoption of technological development for detecting pregnancy and growing healthcare expenditure. However, lack of technical proficiency in a woman is a major restraining factor. Increasing demand for easy way to obtain faster results and easily attainable pregnancy kits in online stores and pharmacy stores lead towards the increase in demand for pregnancy test kits. Pregnancy Testing Market not always readily available to such ladies. Dip-strip tests that are simple to use and highly accurate can be acquired for less than ten cents from manufacturers. Furthermore, Pregnancy Testing Market are not widely available in low-income nations, and a lack of awareness, combined with a low literacy rate among women, further inhibits the sale of pregnancy test kits in these countries. As a result, problems such as a lack of awareness and the lack of availability of pregnancy test kits are anticipated to stymie the market’s expansion.

 

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