Global Pregnancy Testing Device Market - Market Taxonomy
On the basis of test type, the global pregnancy testing device market is segmented into:
On the basis of product type, the global pregnancy testing device market is segmented into:
On the basis of end user, the global pregnancy testing device market is segmented into:
On the basis of region, the global pregnancy testing device market is segmented into:
Global Pregnancy Testing Device Market Drivers
Rise in demand for the fast, self-contained tests results, growing age of first pregnancy, continuous technological advancement, and attractive product features such as smartphone app connectivity in pregnancy test device are likely to drive growth of global pregnancy test device market over the forecast period. Moreover, growing awareness regarding the availability of pregnancy testing devices and utilization of self-detection pregnancy device, increased healthcare expenditure, rise in disposable income, and increase in prevalence of teenage pregnancy also stimulate the market growth. In April 2015, Abbott Laboratories received the U.S. FDA approval for its I-STAT TOTAL HCG test for rapid and accurate detection of HCG hormone in pregnant women.
Moreover, as compared to lab tests, which are more time consuming and expensive, pregnancy testing devices provides fast results in less expense. However, the accuracy of pregnancy test device is less than the lab tests. According to the World Health Organization (WHO), in 2015, there were 40% cases of unintended pregnancy and 10% cases of teenage pregnancy. Rise in unintended pregnancies is expected to create the demand for the pregnancy testing devices. For instance, according to Lancet Global Health, study conducted in 2015, 70 unintended pregnancies per 1000 women between age group 15-49 years occurs in India.
Moreover, various novel devices are launched considering women’s health and hygiene, which are expected to facilitate market growth. For instance, in 2019, Deep Bajaj, Founder of PeeBuddy, India’s first design patent protected female urination device, launched the paper based pregnancy test PregRX. With PregRX, women can simply pee and instantly check their pregnancy status.
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