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Asia-Pacific Pregnancy Test Kits Market Size, Industry Share, Growth & Forecast To 2020-2026

12-22-2020 07:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Asia-Pacific pregnancy test kits market is anticipated to grow with a considerable CAGR of 4.8% during the forecast period (2020-2026). The increasing acceptance of home-based pregnancy test kits for checking the possibility of pregnancy is the major factor influencing the growth of the market. In addition to this, the increasing awareness among people especially in countries such as India and China is also providing significant growth to the market.

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Furthermore, the latest technologically enabled pregnancy kits are also experiencing considerable adoption across Asia-Pacific owing to the continuously changing lifestyles and high demand for prompt diagnosis. Moreover, the high unplanned pregnancy rate is also influencing the expansion of the pregnancy test kits market. For instance, according to the World Health Organization (WHO), in the Philippines alone, it is estimated that there are almost 2 million unintended pregnancies each year.

A Full Report of Asia-Pacific Pregnancy Test Kits Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-pregnancy-test-kits-market

Moreover, the penetration of e-commerce websites is increasing considerably across the region majorly owing to the rising number of smartphone users. Hence, the easy availability of such detection kits through various channels is expected to provide opportunities for the pregnancy test kits market during the forecast period. In addition to this, the strong online advertisement campaigns of companies also increase the reach of such products to the young generation in the region.

Key questions addressed by the report

What is the market growth rate?
Which segment dominates the market in the base year?
Which segment will project the fastest growth in the market?
How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Asia-Pacific Pregnancy Test Kits Market Report Segment

By Type of Test

Blood Test For HCG
Urine Test For HCG

By Product

Digital Devices
Line Indicators
Test Cassette Format
Test Strip Format
Test Midstream Format

By Distribution Channel

Pharmacies
Retail Stores
Online Channels

Asia-Pacific Pregnancy Test Kits Market Report Segment

China
Japan
India
Rest of Asia-Pacific

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-pregnancy-test-kits-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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