Global Pregnancy Detection Kits Market to grow at a CAGR of 5.86% during the period 2016 - 2020; Finds New Report

Report forecast the global pregnancy detection kits market to grow at a CAGR of 5.86% during the period 2016-2020.

A pregnancy detection kit is used for the determination of human chorionic gonadotropin (hCG) hormone in urine samples, for obtaining a visual and qualitative result that leads to an early detection of pregnancy. The global pregnancy detection kit market is driven by factors such as rising demand for POC testing, fast and self-contained tests, growing incidence of gynecological disorders, and improved availability of decentralized diagnostic tests over time-consuming laboratory tests.

The report covers the present scenario and the growth prospects of the global pregnancy detection kits market 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sale of pregnancy detection kits.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, demand for POC testing will boost growth in the pregnancy detection kits market. With the fast-paced lifestyle, the need for instantaneous pregnancy test results has increased. This has resulted in continuous improvements in the products, which help provide a prompt diagnosis at a desired time and place. Immediate results reduce or eliminate the anxiety associated with pregnancy detection and the need to visit a doctor or clinic.

Further, the report states that midstream pregnancy detection kits are the most expensive pregnancy testing kits available in the market. The high price is due to the use of advanced technologies for getting precise results instantly. As a result, many consumers choose to use other formats of pregnancy tests such as the card or the strip, as they provide the same basic results with an acceptable level of accuracy, but are significantly cheaper than the midstream format. This is especially true in developing economies, where the penetration of this format is extremely low due to low affordability.

Global Pregnancy Detection Kits Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global pregnancy detection kits market: Alere, Church & Dwight, Prestige Brands, and Quidel.

Other Prominent Vendors in the market are: Boots Pharmaceuticals, Confirm BioSciences, CVS Health, Germaine Laboratories, KIP Diagnostics, Map Diagnostics, Piramal Healthcare, Philippine Blue Cross Biotech, Princeton BioMeditech, Rite-Aid, and Mankind Pharma.

Market driver

• Rise in popularity of midstream format
• For a full, detailed list, view our report

Market challenge

• High price of midstream kits
• For a full, detailed list, view our report

Market trend

• Advances in product offerings
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 30 Exhibits “Global Pregnancy Detection Kits Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, Distribution channel, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

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