Press release
Global Pregnancy Test Kit Market CAGR of 42% during 2014-2021
North America is believed to hold the first rank in global pregnancy test kit market during 2015-2021. 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.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.
Asia-Pacific pregnancy test kit market is likely to behold a CAGR of 4.8% during the forecast period i.e. 2015-2021. 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.
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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 2014-2019. Geographically, global pregnancy test kit market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific and Rest of world.
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.
Key Players
Global pregnancy test kit market includes some of the major organizations such as Alere Inc., Prestige Brands Holdings, Inc, Quidel Corporation, Procter & Gamble Co., etc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
Middle East and North Africa (MENA)
Rest of World
Key extracts from the Table of Content of Pregnancy Test Kit Market 2015-2021 report:
Pregnancy Test Kit Market Size and Forecast, 2015-2021
Pregnancy Test Kit Market CAGR for the Period 2015-2021
Pregnancy Test Kit Market Y-O-Y for the Period 2015-2021
Pregnancy Test Kit Market Demand & Supply Analysis
Pregnancy Test Kit Market Investment Attractiveness
Pregnancy Test Kit Market BPS Analysis
Pregnancy Test Kit Market Dynamics – Trends, Drivers, Challenges, Opportunities
Pregnancy Test Kit Market Competitive Landscape Analysis
Pregnancy Test Kit Market Investment Proposition, by Geography
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