Home > Healthcare > Medical Devices > Diagnostic Devices > pregnancy detection kits market
Get a free sample of Pregnancy Detection Kits Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Pregnancy Detection Kits Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Pregnancy Detection Kits Market from line pregnancy tests segment held the largest revenue size over USD 800 million in 2022 and is estimated to reach USD 1.3 billion by 2032. This is attributed to wide product availability with involvement of major industry players in frequent product launches will propel the segment progression. The products offer early detection of pregnancy along with cost-effectiveness and high accuracy thus impelling its adoption rate among the population base.
Pregnancy detection kits market from blood test for HCG segment is anticipated to witness highest CAGR at 5.9% during the forecast period owing to better accuracy. Blood tests measure the accurate levels for HCG and thus are vastly preferred by healthcare professionals. Moreover, blood tests for HCG are quite accurate, with a sensitivity of around 25 mIU/ml, which is much lower than most urine-based tests. This indicates that blood tests can detect pregnancy quite early on, even before a missed period.
Hospital pharmacies segment dominated the global pregnancy detection kits market accounting for more than 53% revenue share in 2022 and is estimated to witness significant revenue over USD 1.3 billion by 2032. This is owing to growing number of birth rates across developing countries, rising awareness about pregnancy detection kits, and increasing adoption of self-testing products.
North America pregnancy detection kits market accounted for more than USD 500 million in 2022 and will grow momentously more than USD 1 billion by 2032. The affordability of pregnancy detection kits among the target population base and ongoing technological developments for early detection of pregnancy are primarily responsible for the growth of the regional market. Further, the region's high healthcare spending on health care management and rising disposable income will propel the regional industry expansion.
Global market for pregnancy detection kits was over USD 1 billion in 2022 and will record more than USD 2 billion by 2032 due to the rising need for detecting the presence of human chorionic gonadotropin (hCG) hormone in a woman's urine.
North America pregnancy detection kits market exceeded USD 500 million in 2022 and will record over USD 1 billion by 2032 on account of the ongoing technological developments for early detection of pregnancy.
Some prominent pregnancy detection kit industry players include Alere Inc., Prestige Brands Holdings Inc., Quidel Corporation, Procter & Gamble Co., Piramal Enterprises, Cardinal Health, Confirm Biosciences, and SPD Swiss Precision Diagnostics.
line pregnancy tests segment is estimated to reach more than USD 1.3 billion by 2032 owing to the wide product availability and higher involvement of major industry players.