VALLEY COTTAGE, Brand-new York, June 3, 2016 /PRNewswire/ —
Global need for fertility and pregnancy rapid examine kits market will certainly reach US$ 1,068.4 Mn in 2016, up from US$ 1,029.1 Mn in 2015, witnessing 3.8% growth in 2016 over 2015. Climbing prevalence of gynaecological diseases and infertility will certainly go on to drive need in 2016, along with dual-capability examine kits getting traction among consumers.
Pregnancy rapid examine kits will certainly go on to witness better need compared to fertility kits, representing US$ 600 Mn in demographic value in 2016. Line-indicator kits will certainly go on to outsell digital devices, along with the latter generating just one-3rd revenues of the former. Mid-river and cassettes line indicator pregnancy rapid examine kits will certainly witness durable growth speeds compared to strips/dip sticks, however, strips/dip sticks will certainly go on to account for the highest demographic value, representing US$ 19seven Mn in revenues in 2016.
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Line indicators will certainly stay the beloved product kind in fertility rapid examine landscape as well, representing demographic value worth US$ 329.2 Mn in 2016, up from US$ 317.seven Mn in 2015.
hCG urine examine will certainly account for the highest demographic discuss regard the basis of examine type, representing nearly 43% revenue discuss in 2016. Apart from hCG, various other examine forms – FSH urine test, hCG blood test, and LH urine examine will certainly witness a decrease in their demographic share, suggesting Climbing inclination for conventional laboratory tests.
Drugstores and pharmacies will certainly stay the largest distribution channels for the 2 fertility and pregnancy rapid examine kits. Drugstores will certainly sell US$ 286.4 Mn worth of fertility and pregnancy rapid examinations kits in 2016, representing nearly 27% revenue discuss of the demographic by distribution channel.
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North America will certainly stay the largest demographic for fertility and rapid examine kits in 2016, accounting for over one-half of global revenues. need for rapid kits will certainly go on to cultivate in the making nations of Asia Pacific, Middle East, and Africa. While APEJ fertility and rapid examine kits demographic will certainly reach US$ 267.2 Mn in revenues in 2016, MEA demographic will certainly be worth US$ 7.5 Mn.
Church & Dwight Co., Inc., Alere Inc., bioMérieux SA, and Quidel Corporation are the demographic leaders in the global fertility and pregnancy rapid examine kits landscape. Collaboration along with distribution partners and strengthening demographic placement via acquisitions remains the Crucial method of these players.
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Long-term Outlook: Future demographic Insights projects a moderate 4.1% CAGR for fertility and pregnancy rapid examine kits demographic throughout the forecast interval 2016-2026.
Note to Editors and Journalists: Analysts that have actually compiled this report are readily available for interviews and quotes at press@futuremarketinsights.com
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SOURCE Future demographic Insights
