According to TechSci Research report, “Pregnancy Detection Kits Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028,” the Global Pregnancy Detection Kits Market is expected to grow at an impressive rate during the forecast period on account of growing awareness regarding family planning and women reproductive health.
Introduction of high-end technological advancements has provided a wider spectrum of pregnancy detection kit products in the market. Doctors and patients majorly prefer pregnancy detection kits over testing facility for early detection of pregnancy as these are readily available, cost effective and easy to use, in addition the users are not required to visit testing facility for obtaining the results. The trend of market shows the usage of pregnancy detection kit by the users with the same efficacy as other test results provided by any other diagnostics test. Those impoverished women who cannot afford to contact a private obstetrician for confirmation of their pregnancy can confirm their pregnancy utilizing a very cost effective, simple to use, pregnancy detection kit. Also, the result provided by the midstream devices is easily available in readable format, which is further improved with the digital devices for early detection and helping with the result.
The increasing number of women delaying pregnancy is also a significant driver of the pregnancy detection kit market. Women are now more focused on their careers and are choosing to delay pregnancy until later in life. As a result, the demand for pregnancy detection kits has increased as more women are looking for an easy and convenient way to detect pregnancy early. Hence driving the growth of global pregnancy detection kits market in the coming years.
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Developments such as use of fertility tracking apps is expected to spur the growth of global pregnancy detection kits market during the forecast period. These apps use advanced algorithms to track a woman’s menstrual cycle and provide insights into when she is most fertile. Fertility tracking apps can be used in conjunction with pregnancy detection kits to help women increase their chances of conceiving. These apps are also useful for women who are trying to avoid pregnancy as they can help them identify their fertile window and take appropriate precautions. Additionally, growing demand for eco-friendly products has also impacted the pregnancy detection kit market. Many women are now looking for products that are environmentally friendly and sustainable. This has led to the development of biodegradable pregnancy detection kits that are made from natural materials and can be safely disposed of after use. These kits are also affordable and offer the same level of accuracy as traditional pregnancy detection kits. Hence, supporting the growth of global pregnancy detection kits market in the next few years.
However, the Global Pregnancy Detection Kits Market faces some restraints.. When using a home pregnancy test, it is possible to get a positive result even if one is not pregnant. This is referred to as a false-positive result. If user had a pregnancy loss shortly after the fertilized egg connected to uterine lining (biochemical pregnancy) or if user took a pregnancy test too soon after using an HCG-containing fertility treatment, the user can get a false-positive. An ectopic pregnancy, menopause, or issues with ovaries can also lead to false test results.
Global Pregnancy Detection Kits market is segmented based on product type into line indicators, digital devices and others. The line indicators segment is further divided into mid-stream devices, cassettes, strips). Based on the type of test, the market is categorized into urine test for HCG and blood test for HCG. By distribution channel, it is split into retail pharmacies, online pharmacies and hospital pharmacies. The Digital testing kits or digital devices will be leading the global pregnancy detection kits market in the upcoming years as Mid-stream devices and strips tests usually feature lines that must be interpreted, while digital tests indicate “pregnant” or “not pregnant.” Even a faint line could indicate a positive result. As a result, digital tests eliminate the uncertainty involved in interpreting a pregnancy test. Thereby, increasing the reliance of users over the digital testing kits and increasing its demand in the upcoming years and providing a boost to the Global Pregnancy Detection Kits Market.
Campaigns by government of many developing nations for controlling the birth rate to prevent population explosion.
Key market players in the Global Pregnancy Detection Kits Market include:
- Abbott Laboratories, Inc.
- Cardinal Health, Inc.
- Piramal Enterprises Ltd.
- Procter & Gamble Co.
- Quidel Corporation
- Church & Dwight Co., Inc.
- Germaine Laboratories, Inc
- Kent Pharmaceuticals Limited
- Prestige Consumer Healthcare Inc.
- Swiss Precision Diagnostics GmbH
Global pregnancy detection kits market is consolidated, with many well-established players present in various countries, as well as several domestic players leading in specific areas and nations. Among all the major companies dealing in pregnancy detection kits the midstream devices and strips tests are majorly preferred because of their ease of availability and usage. Geographically, the demand for pregnancy detection kits is higher in the North America region followed by Europe owing to awareness among the population regarding birth control and family planning.
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“Asia Pacific region will register the fastest CAGR during the forecast period. This can be attributed to the growing usage of pregnancy detection kits and high population compared to other regions, especially in countries like China and India. Additionally, supportive government policies and healthcare schemes launched in different countries in the region are expected to support the market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
“Pregnancy Detection Kits Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type ((Line Indicators (Strips, Cassettes, Mid-stream Devices), Digital Devices, Others)), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Region,” has evaluated the future growth potential of Global Pregnancy Detection Kits Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Pregnancy Detection Kits Market.
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