(PharmaNewsWire.Com, March 01, 2017 ) According to the report Europe Pregnancy Testing Market, published by Market Data Forecast, the European 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.
European Market for Pregnancy and fertility devices is mainly driven by factors such as rising demand for fast and independent tests, increasing prevalence of infertility and gynaecological disorders, accessibility of decentralised diagnostic tests over time-consuming laboratory tests. Technological advancements and striking product features along with escalating first-time pregnancy age are some of the factors boosting the growth of Pregnancy and fertility devices market. However low adaptation rate and high price of test kits are the major factors restraining the growth of the market
Europe 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 segment is further sub segmented into Strips/Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices. Fertility test kits segment is further sub segmented into Line Indicator Devices and Digital Devices. On the basis of test type the European market pregnancy 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.
Pregnancy testing market is segmented on the basis of Product Type and Test Type as follows: Product Type Pregnancy test kits Strips/Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices Fertility test kits Line Indicator Devices Digital Devices Test Type FSH Urine Test Luteinizing Hormone (LH) Urine Test Human Chorionic Gonadotropin (hCG) Hormone Blood Test Human Chorionic Gonadotropin (hCG) Hormone Urine Test Based on Geography
Some of the major companies dominating the Europe pregnancy testing market are Alere Inc., Quidel Corporation, Prestige Brands Holdings, Church & Dwight Co., Inc., bioMιrieux SA, Geratherm Medical AG, Germaine Laboratories, Abbott Laboratories, Kent Pharmaceuticals, Rite-Aid, Procter & Gamble Co., DCC Plc., and Swiss Precision Diagnostics GmbH.
The Pregnancy testing market study offers the following deliverables: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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