openPR Logo
Press release

Asia-Pacific pregnancy test kit market is likely to behold a CAGR of 4.8% during the forecast period i.e. 2015-2023

05-17-2018 09:46 AM CET | Health & Medicine

Press release from: Research Nester Pvt Ltd

Asia-Pacific pregnancy test kit market is likely to behold a CAGR

Pregnancy test kits are medical devices which are used to diagnose the possibility of pregnancy in females. The device detects tiny amount of hCG (Human Chorionic Gonadotrophin; female pregnancy hormone), the amount of which increases during early stages of pregnancy in the body.

Global pregnancy test kit market is envisioned to exhibit a compound annual growth rate (CAGR) of 42% during 2015-2023. Geographically, global pregnancy test kit market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific and Rest of world.

Market Size and Forecast

North America is believed to hold the first rank in global pregnancy test kit market during 2015-2023. The market in the region is likely to flourish at a CAGR of 3.8% over next few years. Higher spending on healthcare sector is expected to be a major growth driver of North America pregnancy test kit market.

Free Report Sample Request @ https://www.researchnester.com/sample-request/2/rep-id-97

Western Europe pregnancy test kit market is also expected to witness a promising growth sparked by rising adoption of digital pregnancy test kit devices in the region.

pregnancy test kit market is likely to behold a CAGR of 4.8% during the forecast period i.e. 2015-2023. Rapidly expanding population in the region, rising per capita income and growing urbanization are some of the major factors which are projected to bolster pregnancy test kit market in countries such as India and China.
Market Segmentation

By Product
Based on products, global pregnancy test kit market can be segmented into and digital devices and line-indicator devices (strip/dip sticks, cassettes and mid-stream devices)

By Test Type
On the basis of test type, global pregnancy test kit market is segmented as LH urine test, hCG urine test and FSH urine test. With 43.0% share in 2015, hCG urine test accounted for the largest pregnancy test kit market.

By Distribution Channels
Global pregnancy test kit market is divided on the basis of distribution channels into drugstores, pharmacies, online retail and supermarkets.

Growth Drivers and challenges

Continuous technological advancements in pregnancy test kits, rising demand of self-contained and fast test and increasing age of first pregnancy are some of the major factors, which are likely to bolster the growth of global pregnancy kit market over the forecast period i.e. 2015-2023.

Free Request Table of Contents Here: https://www.researchnester.com/toc-request/1/rep-id-97

However, mushrooming new small players with a very little or no medical equipment business history, a huge price gap between the top players and small un-organized players’ are some of the factors to expected to hamper the growth of global pregnancy test kit market in the future.

This report also provides the existing competitive scenario of some of the key players of the global pregnancy test kit market which includes company profiling of Accuquik™ Test Kits, Procter & Gamble Co, Alere Inc., Quidel Corporation, Prestige Brands Holdings, INSIGHT Pharmaceuticals(Prestige Brands), Precision Diagnostics LLC,  CVS Health Corporation, Boots Pharmaceuticals and Germaine Laboratories. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global pregnancy test kit market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

To know more information: https://www.researchnester.com/reports/global-pregnancy-test-kit-market-analysis-opportunity-outlook-2023/97

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

Contact for more Info:          

Ajay Daniel

Email: ajay.daniel@researchnester.com

U.S. +1 646 586 9123

U.K. +44 203 608 5919

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Asia-Pacific pregnancy test kit market is likely to behold a CAGR of 4.8% during the forecast period i.e. 2015-2023 here

News-ID: 1052769 • Views:

More Releases from Research Nester Pvt Ltd

Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions And Top Key Players Analysis From 2017-2024
Chemical Fertilizers Market Outlook By Industry Size, Share, Revenue, Regions An …
The chemical fertilizers market has been segmented into macronutrients, micronutrients, application and forms. Based on macronutrients, the market has been segmented into nitrogen based fertilizers, phosphate based fertilizers and potash based fertilizers. Among these segments, the nitrogen based fertilizers are estimated to dominate the market by holding the largest share of approximately 50%. This can be attributed to the absorption of nitrogen by plants. In 2013, the demand for nitrogen
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Product Demand Forecast Till 2027
Glass Coating Market Overview By Share, Size, Industry Players, Revenue And Prod …
The global glass coating market is segmented by coating type into pyrolytic coating, magnetic sputtering coating and sol-gel coating; by technology into liquid glass coating and nano glass coating; by application into construction, paints & coating, automotive, aviation and others and by regions. According to Federal Reserve Bank of Chicago represents increase in sales of light vehicle in China by 2.1%, Latin America by 6.2%, Europe by 2.6%, and Rest
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And Top Key Players Analysis From 2019-2027
Insect Repellent Market Outlook By Industry Size, Share, Revenue, Regions And To …
The global insect repellent market is segmented by repellent type into coils, liquid vaporizers, sprays/aerosol, mats, cream and oil; by ingredient into natural and synthetic; by sales channel into online and offline and by regions. The insect repellent market is anticipated to mask a CAGR of 8.3% during the forecast period i.e. 2019-2027. The rising penetration of insect repellents in untapped rural markets across the developing countries as well as
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, Development, Revenue, Demand And Forecast To 2027
Waterproofing Chemicals Market 2017 Share Growing Rapidly With Latest Trends, De …
The global waterproofing market is segmented on the basis of type, application and end-use. The market is segmented on the basis of type, it is segmented into Bitumen, PVC, TPO and EPDM. Bitumen leads the product segment in 2017 on the account of superior properties which include high viscosity, resistance to UV light and better binding nature. On the basis of application, it is segmented into Roofing and Walls, Flooring,

All 4 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and