Market Research Report
Pregnancy Detection Kits Market - Growth, Trends And Forecast (2020 - 2025)
|Published by||Mordor Intelligence LLP||Product code||391353|
|Published||Content info||115 Pages
Delivery time: 2-3 business days
|Pregnancy Detection Kits Market - Growth, Trends And Forecast (2020 - 2025)|
|Published: March 1, 2020||Content info: 115 Pages||
The factors driving the market growth include an increase in unplanned pregnancies, rise in disposable income, along with the changing lifestyles, and growing literacy rates.
Blood test for HCG is Expected to Show Lucrative Growth in the Future
The human chorionic gonadotropin (HCG) blood test is a quantitative test that measures the level of hCG hormone present in a sample of the blood; hCG is a hormone produced in the female body during pregnancy. During the course of pregnancy, the cells in the developing placenta produce hCG. The placenta in the sacs nourishes the egg after it is fertilized and attaches to the uterine wall. The hCG hormone is first detected in the female blood sample about 11 days after conception, and the level of hCG continues to double after 48 to 72 hours. Once they reach the peak- which occurs around 8 to 11 weeks after conception - the hCG levels decline and then remain stable for the rest of the pregnancy. This HCG test is performed to confirm the pregnancy, determine the age of the fetus, diagnose a potential miscarriage, and diagnose an abnormal pregnancy. Therefore, due to the growth of planned and unplanned pregnancies, HCG tests are recommended by doctors, which helps to drive the global market.
North America Dominates the Market and is Expected to do Same in the Forecast Period
North America dominates the pregnancy detection kits market, due to the growing awareness regarding pregnancy detection kits and the growing expenditure on personal care products. Asia-Pacific is anticipated to grow tremendously during the forecast period, owing to numerous factors, such as a rise in disposable income in developing economies, well-established distribution channel, and growing awareness regarding pregnancy product through strong family planning activities conducted by government organizations.
The pregnancy detection kits market is highly competitive and consists of a number of players. Companies, like Abbott Laboratories, Axis Medicare, BioMerieux SA, Cardinal Health, Church & Dwight, Germaine Laboratories, Mankind Pharma, Piramal Enterprises, Procter & Gamble Co., and Quidel Corporation, hold the substantial market share in the pregnancy detection kits market.