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(Medical-NewsWire.com, May 11, 2018 ) The Europe Pregnancy Testing Market was worth USD 256.3 million in 2016 and estimated to reach USD 342.3 million by 2022 growing at a CAGR of 5.06%. 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.
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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
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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.
Geographical European market for pregnancy testing is analysed under five major regions namely United Kingdom, Germany, Italy, Spain and France. Europe is the second largest market for Pregnancy and fertility devices. Within Europe, United Kingdom accounted for the largest share of Pregnancy testing market while Germany is estimated to be the fastest growing segment
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Pregnancy Testing 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.
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