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Prominent industry players are continuously focusing on product innovation with integration of advanced technologies. Such developments are aimed towards offering simplified and convenient monitoring products. Innovations in pregnancy detection will have a positive impact on pregnancy detection kits business 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.