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(IT-NEWSWIRE.COM, April 02, 2018 )
Global Pregnancy Testing Market :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 home provides. The result 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 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.
Growing awareness regarding 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, 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 under developed and developing regions. Lack of technical expertise in woman is major restraints of the market.
A sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/global-pregnancy-testing-market/#ulp-4H8Z4LpNMLEuOnnx
The pregnancy testing market is classified on the basis of product, test type, distribution channel, and geography.
Based on product, the pregnancy testing market is segmented as
Pregnancy rapid test kits
o Line indicator devices
o Digital devices
Fertility rapid test
Based on test type, the pregnancy testing market is segmented as
Follicle stimulating hormone (FSH) test
Human chorionic gonadotropin hormone blood test
Urine test
Luteinizing hormone (LH) test
Based on distribution channel, pregnancy testing market is segmented as
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Gynaecology clinics
Hypermarkets or super markets
To view TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/global-pregnancy-testing-market/#ulp-c654SbFYO64MsOhu
Surge in 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. Rise in number of unintended pregnancies are 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 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.
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On the basis of geographical regions, Pregnancy Testing Market is segmented into five key regions as Europe, Asia- Pacific, North America, Europe, Middle East & Africa and Latin America. North America is expected to dominate 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 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 benefits of the early pregnancy detection and affordability of pregnancy detection kits.
Some of the players in pregnancy testing market are 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), and Quidel Corporation (U.S.).
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Source: EmailWire.com
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