Global Pregnancy Detection Kits Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 5.9% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 2, 2018--The “Global Pregnancy Detection Kits Market - Segmented by Product, Distribution Channel, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global pregnancy detection kits market is expected to register a CAGR of 5.9% during the forecast period 2018-2023.
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.
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.
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.
Companies MentionedAbbott Laboratories Cardinal Health Church & Dwight Germaine Laboratories Kent Pharmaceuticals Piramal Enterprises Prestige Brands Holdings Procter & Gamble Co. Quidel Corporation Spd Swiss Precision Diagnostics
Key Topics Covered:
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 of the Market
For more information about this report visit https://www.researchandmarkets.com/research/rpjlbv/global_pregnancy?w=4
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Related Topics:Women’s Health
INDUSTRY KEYWORD: WOMEN HEALTH BABY/MATERNITY CONSUMER GENERAL HEALTH
SOURCE: Research and Markets
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PUB: 08/02/2018 10:12 AM/DISC: 08/02/2018 10:12 AM