Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech

Pregnancy Rapid Test Kit Sales Again Outpace Fertility Kits This Year

June 5, 2016 By Future Market Insights

Global demand for the fertility and pregnancy rapid test kits market will reach $1.07 billion in 2016, up from $1.03 billlion in 2015, roughly a  3.8 percent growth in 2016 over 2015. Increasing prevalence of gynaecological diseases and infertility continues to drive demand this year with dual-capability test kits gaining traction among consumers. 

Pregnancy rapid test kits will witness higher demand than fertility kits, representing $600 million in market value in 2016. Line-indicator kits are expected to outsell digital devices, with the latter generating only one-third revenues of the former. Mid-stream and cassettes line indicator pregnancy rapid test kits will witness stronger growth rates than strips/dip sticks, however, strips/dip sticks will continue to account for the highest market value, representing $197 million in revenues in 2016.

Line indicators will remain the preferred product type in fertility rapid test landscape as well, representing market value worth $329.2 million in 2016, up from $317.7 million in 2015.

The hCG urine test will account for the highest market share on the basis of test type, representing nearly 43 percent revenue share in 2016. Apart from hCG, other test types – FSH urine test, hCG blood test, and LH urine test will witness a decline in their market share, suggesting increasing preference for conventional laboratory tests.

Drugstores and pharmacies will remain the largest distribution channels for both fertility and pregnancy rapid test kits. Drugstores will sell $286.4 million worth of fertility and pregnancy rapid tests kits in 2016, representing nearly 27 percent revenue share of the market by distribution channel.

North America will remain the largest market for fertility and rapid test kits this year, accounting for more than half of global revenues. Demand for rapid kits will continue to grow in the developing countries of Asia Pacific, Middle East, and Africa.

Church & Dwight Co., Inc., Alere Inc., bioMérieux SA, and Quidel Corp. are the market leaders in the global fertility and pregnancy rapid test kits landscape. Collaboration with distribution partners and strengthening market position through acquisitions remains the key strategy of these players.

Future Market Insights (FMI) is a market intelligence and consulting firm. A sample report is available at http://www.futuremarketinsights.com/reports/sample/rep-gb-607. Analysis by key regions can be accessed at http://www.futuremarketinsights.com/reports/fertility-and-pregnancy-rapid-tests-market.

Related Articles Read More >

DermaSensor skin cancer MedTech Innovator DeviceTalks Boston
DermaSensor wins MedTech Innovator Mid-Stage Companies Pitch Event
Product packaging for the Lucira combination COVID-19 and flu test
Lucira Health asks FDA for EUA on molecular at-home COVID/flu test
gBETA Medtech accelerator picks its next startups
Hologic
Hologic handily beats the Street with Q2 results

DeviceTalks Weekly.

May 13, 2022
Our Pre-Post-DeviceTalks Boston episode, also MedtronicTalks replay with Gastro CMO Austin Chiang
See More >

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Enewsletter Subscriptions

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • MedTech 100 Index
  • Medical Tubing + Extrusion
  • Drug Delivery Business News
  • Drug Discovery & Development
  • Pharmaceutical Processing World
  • R&D World
  • About Us/Contact
  • Advertise With Us
  • Subscribe to Print Magazine
  • Subscribe to E-newsletter
  • Attend our Monthly Webinars
  • Listen to our Weekly Podcasts
  • Join our DeviceTalks Tuesdays Discussion

Copyright © 2022 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech