Pregnancy Tests Market Size Strategy, Regional Analysis and Gro

  • Pregnancy Tests Market Size 2021

    The first pregnancy testing kit which can be used in homes was introduced in 1976. Since then, pregnancy testing products are being increasingly used by women to confirm the onset of pregnancy. These tests rely on antibodies present in women to detect the levels of human chorionic gonadotropin (hCG). Testing kits make use of blood serum, urine and other body fluids to provide pregnancy results in a matter of minutes. Different types of testing kits are now available in the market. In Germany, for instance, around 15-20 types of home-based pregnancy testing kits are being sold in pharmacies and drugstores. Urine-based tests are being provided by numerous market participants due to the ease in testing urine, along with its greater accuracy. Prega News, for instance, provides the One Step Urine HCG Pregnancy Test that makes use of urine during the morning hours and provides the result in under five minutes. If pregnant, two pink lines appear in the test result window. The rise in awareness amongst women regarding the availability and higher accuracy of home-based testing kits is helping in the growth of the global Pregnancy Tests Market Size.

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    Major Key Players:

    Some of the players operating in the Pregnancy Tests Market Size are Apollo Inc., Atlas Medical, bioMérieux SA, Biosynex, Cardinal Health, Church & Dwight Co., Inc., Cliawaived, Inc. , Confirm BioSciences, Dr. Reddy’s Laboratories Ltd, EKF Diagnostics Holdings plc, NG BIOTECH SAS, Piramal Enterprises, Prega News, Quidel Corporation, Salignostics and Swiss Precision Diagnostics GmbH,  amongst others.

    Key Findings of the Report:

    In terms of revenue, global Pregnancy Tests Market Size was valued at US$ 1444.68 Mn in 2019 and is anticipated to grow at a CAGR of 13.17% over the forecast period.

    Online distribution channels are expected to show the highest growth during the forecast period. The growth of smart devices and the affordability of the internet is bringing more individuals online. Furthermore, reduced tax costs and the lesser operational costs associated with online sales enable the online platforms to provide pregnancy testing products at a discounted rate, which in turn in helping in higher sales of these products.

    North America held the highest market share in the global Pregnancy Tests Market Size in 2018. This is due to the higher number of companies that are offering pregnancy testing kits, especially in the U.S., coupled with the easier availability of testing kits through online and offline distribution channels.

    Market Segmentation

    By Product

    Digital Kits

    Non- Digital Test Kits

    Pregnancy Test Strips

    Pregnancy Test Cups

    Pregnancy Test Cassettes

    Pregcolor Test Card

    Others

    By Specimen Type

    Serum/Plasma

    Urine

    Saliva

    By Distribution Channel

    Online

    Offline

    Clinics and Hospitals

    Supermarket and Hypermarkets

    Pharmacies

    Others

    By Region

    North America

    U.S

    Canada

    Mexico

    Rest of North America

    Europe

    France

    The UK

    Spain

    Germany

    Italy

    Nordic Countries

    Denmark

    Finland

    Iceland

    Sweden

    Norway

    Benelux Union

    Belgium

    The Netherlands

    Luxembourg

    Rest of Europe

    Asia Pacific

    China

    Japan

    India

    New Zealand

    Australia

    South Korea

    Southeast Asia

    Indonesia

    Thailand

    Malaysia

    Singapore

    Rest of Southeast Asia

    Rest of Asia Pacific

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    Shreyas Tanna

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    Absolute Markets Insights

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