Top Factors Driving the Global Pregnancy Detection Kits Market 2018 – 2023


Posted December 7, 2018 by marketprognosis

Marketprognosis.com Publish a New Market Research Report On “Global Pregnancy Detection Kits Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

 
Overview of the Global Pregnancy Detection Kits Market:

The report spread across 113 pages is an overview of the Global Pregnancy Detection Kits Market. These report study based on the Pregnancy Detection Kits Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

The Global Pregnancy Detection Kits Market is expected to register a CAGR of 5.9% during the forecast period (2018 - 2023). North America is expected to dominate the market during the forecast period owing to the growing awareness regarding home-based pregnancy detection kits in the region.

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Unplanned pregnancy rate in the US is significantly higher than in any other developed country. According to a report from the Guttmacher Institute in the US, it is estimated that 52% of unintended pregnancies result from couples not using any contraception in the month the woman got pregnant, 43% result from inconsistent or incorrect contraceptive use, and only 5% result from contraceptive failure. Almost 44% pregnancies in Europe and 38% in Asia are unplanned, leading to high demand for pregnancy detection kits. Unplanned pregnancies have been increasing globally. Pregnancy detection kits help women check whether they are pregnant or not. Thus, the demand for pregnancy detection kits is expected to increase in the future. Additionally, changing lifestyle, growing women literacy rate, rise in disposable income, and growing e-commerce is driving the market for pregnancy detection kits.

Pregnancy detection kits are not accessible to women in low-income countries. Easy-to-use, highly accurate dip-strip tests can be purchased from manufacturers for less than ten cents. However, in many countries, pregnancy tests are sold to women at a 2000% markup or more, making them prohibitively expensive. Furthermore, in low-income countries, the pregnancy test kits are not readily available and the lack of awareness along with a low literacy rate of women further restricts the sale of pregnancy kits in these countries. Thus, lack of awareness and lack of availability of pregnancy test kits coupled with a high price of pregnancy kits are likely to impede the growth of the market.

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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.

Major Key Players:

1 Abbott Laboratories

2 Cardinal Health

3 Church & Dwight

4 Germaine Laboratories

5 Kent Pharmaceuticals

6 Piramal Enterprises

7 Prestige Brands Holdings and More…………..

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Pregnancy Detection Kits Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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ProgMark Pvt. Ltd.

Thane – 421501

India.

[email protected]

+1 973 241 5193

https://www.marketprognosis.com
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Categories Health , Marketing
Tags global pregnancy detection kits market , pregnancy detection kits , pregnancy detection kits industry analysis , pregnancy detection kits market forecast , pregnancy detection kits market previous data , pregnancy detection kits market share , pregnancy detection kits market size , pregnancy detection kits market trends
Last Updated December 7, 2018