The Asia-Pacific pregnancy test kits market is anticipated to grow with a considerable CAGR of 4.8% during the forecast period. The increasing acceptance of home-based pregnancy test kits for checking the possibility of pregnancy is the major factor influencing the growth of the market. In addition to this, the increasing awareness among people especially in countries such as India and China is also providing significant growth to the market.
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Furthermore, the latest technologically enabled pregnancy kits are also experiencing considerable adoption across Asia-Pacific owing to the continuously changing lifestyles and high demand for prompt diagnosis. Moreover, the high unplanned pregnancy rate is also influencing the expansion of the pregnancy test kits market. For instance, according to the World Health Organization (WHO), in the Philippines alone, it is estimated that there are almost 2 million unintended pregnancies each year.
Moreover, the penetration of e-commerce websites is increasing considerably across the region majorly owing to the rising number of smartphone users. Hence, the easy availability of such detection kits through various channels is expected to provide opportunities for the pregnancy test kits market during the forecast period. In addition to this, the strong online advertisement campaigns of companies also increase the reach of such products to the young generation in the region.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Type of Test
o By Product
o By Distribution Channel
- Regions Covered-
o China
o Japan
o India
o Rest of Asia-Pacific
- Competitive Landscape- Abbott Laboratories, Accuquik Test Kits, Cadila Healthcare Ltd., Church & Dwight Co., Inc., Mankind Pharma Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Pregnancy Test Kits Market Report Segment
By Type of Test
- Blood Test for HCG
- Urine Test for HCG
By Product
- Digital Devices
- Line Indicators
- Test Cassette Format
- Test Strip Format
- Test Midstream Format
By Distribution Channel
- Pharmacies
- Retail Stores
- Online Channels
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
