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(Medical-NewsWire.com, March 22, 2018 ) The Latin America Pregnancy Testing Market was worth USD 128.2 million in 2016 and estimated to reach USD 174.1 million by 2022 growing at a CAGR of 5.26%.
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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.
Latin America Pregnancy and fertility devices market is driven by rising demand for fast and self-contained tests, growing prevalence of infertility and gynaecological disorders, accessibility of decentralised diagnostic tests over time-consuming laboratory tests. Escalating first-time pregnancy age and technological advancements are some of the major factors driving the growth of Pregnancy and fertility devices market. However low adaptation rate and high price of test kits are some of the factors hindering the growth of the market
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The Latin America 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 are further sub segmented into Strips/Dip Sticks & Cards, Mid-Stream, Cassette and Digital Devices. Fertility test kits are further sub segmented into Line Indicator Devices and Digital Devices. On the basis of test type the 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.
On a geographical level Latin America market for pregnancy testing is analysed under various regions namely Brazil, Mexico and Rest of Latin America.
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Market Segmentation
By Product
Pregnancy Test Kits
Strips/Dip Sticks & Cards
Mid-Stream
Cassette
Digital Devices
Ovulation/Fertility Test Kits
Line Indicator Devices
Digital Devices
By Test Type
FSH Urine Test
Luteinizing Hormone (LH) Urine Test
Human Chorionic Gonadotropin (hCG) Hormone Blood Test
Human Chorionic Gonadotropin (hCG) Hormone Urine Test
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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Abhishek Shukla
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abhishek@marketdataforecast.com
Source: EmailWire.Com 
Source: EmailWire.com
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