Asia Pacific Pregnancy Testing Market is estimated to reach $ 250.25 million by 2020
The Asia Pacific Pregnancy Testing Market was worth $190.57 million in 2015 and estimated to reach $ 250.25 million by 2020 growing at a CAGR of 5.6%. 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.
Asia-Pacific Pregnancy and fertility devices market is driven by key factors such as rising demand for fast and self-contained tests, growing prevalence of infertility and gynaecological disorders, accessibility of decentralised diagnostic tests over time-consuming laboratory tests.Escalating first-time pregnancy age and technological advancements are some of the factors supporting the growth of the market.
However low adaptation rate to these kits and high price are some of the factors restraining the growth of the market
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The Asia-Pacific 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 are further sub segmented into Strips/Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices. Fertility test kits are further sub segmented into Line Indicator Devices and Digital Devices.
On the basis of test type the 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.
On a geographical level Asia-Pacific market for pregnancy testing is analysed under various regions namely China, India, Japan and Rest of Asia Pacific. Asia-Pacific is estimated to be the fastest growing region due to its high population base and increasing gynaecological disorders.
Within Asia-Pacific region, China is the largest for pregnancy testing while India is expected to be the fastest growing segment.
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
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