Global Pregnancy Testing Market estimated to reach $1.41 bn by 2020

Market-Research
Pregnancy Testing Market

According to the report "Pregnancy Testing Market", published by Market Data Forecast, the global market is projected to reach USD 1410.39 million by 2020, at a CAGR of 4.7% from 2015 to 2020.

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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 in finding the exact day of ovulation or confirm the presence of menopause in women where as they are used to detect the sperm count in men.

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Global Pregnancy testing market is mainly driven by factors such as growing prevalence of infertility and gynaecological disorders, rising demand for fast and independent tests and availability of decentralized diagnostic tests over time consuming laboratory tests. Technology advancements and rising first-time pregnancy age are some of the other factors supporting the growth of pregnancy testing market. However high prices of these products and tests and low adaptation rate are the major factors hindering the growth of the market

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Global Pregnancy testing market is segmented on the basis of Product Type and Test Type.

Product Type

Pregnancy test kits

  • Strips/Dip Sticks & Cards,
  • Mid-Stream,
  • Cassette
  • Digital Devices

Fertility test kits

  • Line Indicator Devices
  • Digital Devices

Test Type

  • FSH Urine Test
  • Luteinizing Hormone (LH) Urine Test
  • Human Chorionic Gonadotropin (hCG) Hormone Blood Test
  • Human Chorionic Gonadotropin (hCG) Hormone Urine Test

Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Africa & Middle-East

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Some of the major companies covered in the report are Alere Inc., Quidel Corporation, Prestige Brands Holdings, Church & Dwight Co., Inc., bioMérieux 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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