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Europe Pregnancy Testing Market is estimated to reach USD 342.3 million by 2022.

01-23-2018 02:39 PM CET | Health & Medicine

Press release from: Market Data Forecast

Europe Pregnancy Testing Market is estimated to reach USD 342.3

Europe Pregnancy Testing Market was worth USD 256.3 million in 2016 and estimated to reach USD 342.3 million by 2022 growing at a CAGR of 5.06%. Pregnancy tests are tests used to detect the presence of reproductive hormones such as Follicle Stimulating Hormone or Luteinising Hormone. Fertility rapid test kits help to find the exact day of ovulation or confirm the presence of menopause in women where as they are used to detect the sperm count.

European Market for Pregnancy and fertility devices is mainly driven by factors such as rising demand for fast and independent tests, increasing prevalence of infertility and gynaecological disorders, accessibility of decentralised diagnostic tests over time-consuming laboratory tests. Technological advancements and striking product features along with escalating first-time pregnancy age are some of the factors boosting the growth of Pregnancy and fertility devices market. However low adaptation rate and high price of test kits are the major factors restraining the growth of the market

View full report @ https://www.marketdataforecast.com/market-reports/europe-pregnancy-testing-market-203/

Europe Market for Pregnancy testing is segmented into product type and test type. On the basis of product the pregnancy testing market is segmented into Pregnancy Test Kits and Fertility Test kits. Pregnancy test kits segment is further sub segmented into Strips/Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices. Fertility test kits segment is further sub segmented into Line Indicator Devices and Digital Devices. On the basis of test type the European market pregnancy market is segmented into FSH Urine Test, Luteinizing Hormone (LH) Urine Test, Human Chorionic Gonadotropin (hCG) Hormone Blood Test and Human Chorionic Gonadotropin (hCG) Hormone Urine Test.

Geographical European market for pregnancy testing is analysed under five major regions namely United Kingdom, Germany, Italy, Spain and France. Europe is the second largest market for Pregnancy and fertility devices. Within Europe, United Kingdom accounted for the largest share of Pregnancy testing market while Germany is estimated to be the fastest growing segment

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Some of the major companies dominating the pregnancy testing market are Alere Inc., Quidel Corporation, Prestige Brands Holdings, Church & Dwight Co., Inc., bioMérieux SA, Geratherm Medical AG, Germaine Laboratories, Abbott Laboratories, Kent Pharmaceuticals, Rite-Aid, Procter & Gamble Co., DCC Plc., and Swiss Precision Diagnostics GmbH.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com

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