Global Pregnancy Testing Market is estimated to reach $ 1410 million by 2020

16/giu/2017 15:43:34 Market Data Forecast Contatta l'autore

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The Global Pregnancy Testing Market was valued $ 1121 million in 2015 and estimated to reach $ 1,410 million by 2020 growing at a CAGR of 4.7%. Pregnancy tests are tests used to detect the presence of reproductive hormones such as Follicle Stimulating Hormone or luteinising hormone. Fertility rapid test kits help to find the exact day of ovulation or confirm the presence of menopause in women where as they are used to detect the sperm count.

 

Pregnancy and fertility devices Mainly market is driven by factors such as rising demand for fast and self-contained tests, growing prevalence of infertility and gynecological disorders, Decentralized accessibility of diagnostic tests over time-consuming laboratory tests. Escalating first-time pregnancy age, technological advancements and product striking features are some of the factors driving the growth of Pregnancy and fertility devices market. However low adaptation rate and high price of test kits are the key factors restraining the growth of the market

 

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The Global Market for Pregnancy testing is segmented into product type and test type. On the basis of the product market is segmented into pregnancy testing Pregnancy Test Kits and Fertility Test kits. Pregnancy test kits are segmented into sub Further Strips / Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices. Fertility testing kits are segmented into sub Further Line Indicator Devices and Digital Devices. On the basis of type testing the market is segmented into FSH Urine Test, Luteinizing Hormone (LH) Urine Test, Human Chorionic Gonadotropin (hCG) Blood Test Hormone and Human Chorionic Gonadotropin (hCG) hormone Urine Test.

 

On a geographical level global market for pregnancy testing is Analyzed under five major regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America dominates the market owing to pregnancy testing advanced techniques in pregnancy testing. Asia-Pacific is the fastest growing region two to its huge population base and greater opportunity for market penetration

 

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Some of the major companies dominating the market are pregnancy testing Alere Inc., Quidel Corporation, Prestige Brands Holdings, Church & Dwight Co., Inc., bioMerieux SA, Geratherm Medical AG, Germaine Laboratories, Abbott Laboratories, Kent Pharmaceuticals, Rite-Aid Procter & Gamble Co., DCC Plc., and Swiss Precision Diagnostics GmbH

 

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