Asia Pacific Pregnancy & Ovulation Testing Market Research Report: By Type (hCG Detection, Ovulation Testing), by Mode of Purchase (OTC Testing, Prescription Testing), End-User (Hospitals & Clinics, Fertility Centers, Others) – Global Forecast Till 2023

Published - Feb 2019 | Category - Healthcare | No. of Pages - 172 | Published By - Market Research Future


Asia-Pacific pregnancy and ovulation testing market is expected to reach USD 298.68 million by 2023 from USD 209.37 million in 2017 and is expected to register a CAGR of 6.10% during the forecast period from 2018 to 2023.

Introduction

Pregnancy testing is the detection of human Chorionic Gonadotropin (hCG) in both urine and serum as early as seven to 10 days after conception, whereas, ovulation testing detects the Luteinizing Hormone (LH) level. The declining fertility rate, the emergence of highly accurate advanced technology, and easy availability of ovulation and pregnancy monitors are expected to drive market growth. For instance, according to the statistics presented by the World Bank, India had a fertility rate of 3.311 in 2000 whereas in 2016 it declined to 2.326. However, the high costs associated with ovulation tests may hamper the growth of the market.

The Asia-Pacific pregnancy and ovulation testing market is expected to reach a market value of USD 298.68 million by 2023 from USD 209.37 million in 2017 and is expected to register a CAGR of 6.10% during the forecast period from 2018 to 2023. In 2017, the market was led by Japan with a 23.2% share, followed by China and India with shares of 22.5% and 19.7%, respectively. The growing demand for pregnancy testing has been observed in different parts of the world which fuels the growth of the market.
The Asia-Pacific pregnancy and ovulation testing market is segmented by product type, mode of purchase, end user, and country.
The Asia-Pacific pregnancy and ovulation testing market, by product type, is segmented into pregnancy testing (hCG detection) and ovulation testing.


 

Quick Buy

Latest Publications