Pregnancy Tests Market Size 2021
The first pregnancy testing kit which can be used in homes was introduced in
1976. Since then, pregnancy testing products are being increasingly used by
women to confirm the onset of pregnancy. These tests rely on antibodies present
in women to detect the levels of human chorionic gonadotropin (hCG). Testing
kits make use of blood serum, urine and other body fluids to provide pregnancy
results in a matter of minutes. Different types of testing kits are now
available in the market. In Germany, for instance, around 15-20 types of
home-based pregnancy testing kits are being sold in pharmacies and drugstores.
Urine-based tests are being provided by numerous market participants due to the
ease in testing urine, along with its greater accuracy. Prega News, for
instance, provides the One Step Urine HCG Pregnancy Test that makes use of
urine during the morning hours and provides the result in under five minutes.
If pregnant, two pink lines appear in the test result window. The rise in
awareness amongst women regarding the availability and higher accuracy of
home-based testing kits is helping in the growth of the global Pregnancy Tests
Market Size.
Access Full Report Details and Order this
Premium Report @ https://www.absolutemarketsinsights.com/reports/Pregnancy-Tests-Market-2019-2030-722
Major Key Players:
Some of the players operating in the Pregnancy Tests Market Size are
Apollo Inc., Atlas Medical, bioMérieux SA, Biosynex, Cardinal Health, Church
& Dwight Co., Inc., Cliawaived, Inc. , Confirm BioSciences, Dr. Reddy’s
Laboratories Ltd, EKF Diagnostics Holdings plc, NG BIOTECH SAS, Piramal
Enterprises, Prega News, Quidel Corporation, Salignostics and Swiss Precision
Diagnostics GmbH, amongst others.
Key Findings of the Report:
In terms of
revenue, global Pregnancy Tests Market Size was valued at US$ 1444.68 Mn in
2019 and is anticipated to grow at a CAGR of 13.17% over the forecast period.
Online
distribution channels are expected to show the highest growth during the
forecast period. The growth of smart devices and the affordability of the
internet is bringing more individuals online. Furthermore, reduced tax costs
and the lesser operational costs associated with online sales enable the online
platforms to provide pregnancy testing products at a discounted rate, which in
turn in helping in higher sales of these products.
North America held the highest market share in the global Pregnancy
Tests Market Size in 2018. This is due to the higher number of companies that
are offering pregnancy testing kits, especially in the U.S., coupled with the
easier availability of testing kits through online and offline distribution
channels.
Market Segmentation
By Product
Digital
Kits
Non-
Digital Test Kits
Pregnancy
Test Strips
Pregnancy
Test Cups
Pregnancy
Test Cassettes
Pregcolor
Test Card
Others
By Specimen Type
Serum/Plasma
Urine
Saliva
By Distribution Channel
Online
Offline
Clinics
and Hospitals
Supermarket
and Hypermarkets
Pharmacies
Others
By Region
North
America
U.S
Canada
Mexico
Rest
of North America
Europe
France
The
UK
Spain
Germany
Italy
Nordic
Countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux
Union
Belgium
The Netherlands
Luxembourg
Rest
of Europe
Asia
Pacific
China
Japan
India
New
Zealand
Australia
South
Korea
Southeast
Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest
of Asia Pacific
…
Contact us:
Shreyas Tanna
Phone: +91-740-024-2424
Absolute Markets Insights
No comments:
Post a Comment