Pregnancy Test Kits Market 2024 Size, Share, Trends, Industry Growth Analysis and Forecast To 2033 | Johnson & Johnson, Procter & Gamble Co., Abbott Laboratories, Church & Dwight Co Inc., BioMerieux SA, Alere Inc.

Overview and Scope
A pregnancy test kit is a device or kit used to determine whether a woman is pregnant. These kits analyze urine samples to identify the presence of the hormone Human Chorionic Gonadotropin (hCG), generated by the placenta during pregnancy.

Sizing and Forecast
The pregnancy test kits market size has grown strongly in recent years. It will grow from $1.7 billion in 2023 to $1.8 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%.  The  growth in the historic period can be attributed to development of early pregnancy tests, increased women’s health awareness, educational campaigns, global population growth, home testing convenience, rise of e-commerce..

The pregnancy test kits market size is expected to see strong growth in the next few years. It will grow to $2.24 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.  The growth in the forecast period can be attributed to rising fertility awareness, market expansion in developing countries, regulatory support for home testing kits, telehealth adoption, customization and personalization.. Major trends in the forecast period include digital pregnancy tests, home-based and self-testing options, integration of smartphone technology, integration of artificial intelligence, point-of-care testing..

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Segmentation & Regional Insights
The pregnancy test kits market covered in this report is segmented –
1) By Type: Blood Test For Human Chorionic Gonadotropin (HCG), Urine Test For Human Chorionic Gonadotropin (HCG)
2) By Distribution Channel: Retail, Online
3) By Application: Hospitals, Clinics, Households, Pharmacies
4) By End-Users: Professionals, Home-Based

North America was the largest region in the pregnancy test kits market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pregnancy test kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The rising rate of unplanned pregnancies is expected to propel the growth of the pregnancy test kits market. Unplanned pregnancies are defined as pregnancies that are either unwanted or unplanned, such as those that happen when no children or additional children are desired. A pregnancy test kit can determine if a woman is pregnant, regardless of whether the pregnancy is planned or unplanned, and helps to decide the pregnancy. For instance, in March 2022, according to the United Nations Population Fund, a US-based sexual and reproductive health agency, there are 121 million unintended pregnancies globally each year. Moreover, Afghanistan’s unintended pregnancies are expected to reach 4.8 million in 2025. Therefore, the rising rate of unplanned pregnancies is expected to drive the growth of the pregnancy test kits market.

Key Industry Players
Major companies operating in the pregnancy test kits market report are Johnson & Johnson, Procter & Gamble Co., Abbott Laboratories, Church & Dwight Co Inc, BioMerieux SA, Alere Inc, Piramal Enterprises Ltd, Quidel Corporation, Mankind Pharma, Cardinal Health Inc., Healthpoint, EKF Diagnostics Holdings PLC, Sugentech Inc, Egens Group, INTEC Group, Medsource Ozone Biomedicals, SPD Swiss Precision Diagnostics, Geratherm Medical AG, Princeton BioMeditech Corporation, Cupid Limited, Easy Healthcare Corporation, Axis Medicare Ltd., Gregory Pharmaceutical Holdings Inc, AccuQuik Test Kits, Sara Health Care Pvt Ltd., Hicks Thermometers India Limited, Fairhaven Health LLC, Atlas Medical Group, Germaine Laboratories Inc.

The pregnancy test kits market report table of contents includes:
1. Executive Summary
2. Pregnancy Test Kits Market Characteristics
3. Pregnancy Test Kits Market Trends And Strategies
4. Pregnancy Test Kits Market – Macro Economic Scenario
5. Global Pregnancy Test Kits Market Size and Growth

….

32. Global Pregnancy Test Kits Market Competitive Benchmarking
33. Global Pregnancy Test Kits Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pregnancy Test Kits Market
35. Pregnancy Test Kits Market Future Outlook and Potential Analysis
36. Appendix

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