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Pregnancy Test Kits Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030

09-25-2023 08:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Pregnancy Test Kits Market Trends, Segmentation, Growth,

The global pregnancy test kits market is anticipated to grow with a considerable CAGR of 5.5% during the forecast period. The growth of the global pregnancy kits market is attributed to the increasing adoption of home-based pregnancy test kits across the globe owing to their convenience. Moreover, the young population pool in the emerging economies, low cost and easily operatable test kits, and expansion of the e-commerce industry are some of the other major factors for the market growth. Moreover, technological innovations in the pregnancy test kits market will also foster the growth of the market. For instance, Clearblue offers a digital pregnancy test kit with a smart countdown that displays results digitally in words.

A full report of Pregnancy Test Kits Market is available at: https://www.omrglobal.com/industry-reports/pregnancy-test-kits-market

Moreover, growing fertility disorders is also driving the pregnancy test kits' demands indirectly. According to the World Health Organization between 48 million couples and 186 million individuals live with infertility globally which can be of primary type or secondary. Furthermore, adolescent pregnancy incidences are also expected to fuel the demand for pregnancy test kits. According to the US Center for Disease Control and Prevention, in 2017, more than 194,000 babies were born to women aged 15-19 years, for a birth rate of 18.8 per 1,000 women in this age group.

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Market Coverage

The market number available for - 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered-
o By Type of Test

o By Product

o By Distribution Channel

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- BioMerieux SA, Germaine Laboratories, Inc., Mankind Pharma, Swiss Precision Diagnostics GmbH

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

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

Pregnancy Test Kits Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

BioMerieux SA
Germaine Laboratories, Inc.
Mankind Pharma
Swiss Precision Diagnostics GmbH

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

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

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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