India Pregnancy Detection Kits Market
India Pregnancy Detection Kits Market Size Booming at CAGR of 6.5% to Reach USD 69.13 Million by 2029
Published | 23 May 2023
India pregnancy detection kits market is flourishing because of an increasing demand for self-detecting pregnancy kits and high disposable income among the consumers across the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India pregnancy detection kits market size at USD 45.05 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India pregnancy detection kits market size to grow at a significant CAGR of 6.53% reaching a value of USD 69.13 million by 2029. Major growth drivers for the India pregnancy detection kits market include increasing awareness of family planning and reproductive health among Indian women. The growing population and the increasing income among the middle-class people across the country are spurring the demand for affordable and user-friendly kits. Government initiatives aimed at improving healthcare access in rural areas have also contributed to the growth of the market. Also, the COVID-19 pandemic has led to an increase in the use of telemedicine and virtual healthcare, making pregnancy detection kits even more in demand due to the convenience and ease of using them at home. However, the lack of availability and awareness is anticipated to hinder the growth of India pregnancy detection kits market during the period in analysis.
India Pregnancy Detection Kits Market – Overview
Pregnancy detection kits are a type of medical equipment that can detect early signs of pregnancy in women. These kits work by detecting a small amount of hCG (human chorionic gonadotrophin), which is a hormone that increases during the early stages of pregnancy. Home pregnancy tests are affordable, simple to use, and can produce results in just a few minutes. When used correctly, these kits are 97% to 99% accurate. To determine whether a woman is pregnant, pregnancy test kits measure hormones, such as hCG, in blood or urine samples. Some products, like Clearblue's digital bioassay kits, can even estimate how many weeks a person has been pregnant. These kits are used in households, gynecology clinics, and hospitals.
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Impact of COVID-19 on India Pregnancy Detection Kits Market
COVID-19 pandemic adversely affected the India pregnancy detection kits market. The pandemic led to nationwide lockdowns and restrictions on movement, which affected the supply chain and distribution channels of these kits. This caused disruptions in the availability of these products, and some areas experienced shortages. However, with the rise of telemedicine and virtual healthcare, there has been an increase in the use of home pregnancy detection kits. People are avoiding visits to hospitals and clinics due to safety concerns, making the convenience and ease of using these kits at home even more apparent. It has resulted in a surging demand for pregnancy detection kits in the Indian market. Also, the pandemic highlighted the need for affordable and accessible healthcare products, including pregnancy detection kits. It has led to an increased focus on developing and expanding distribution networks for these products to reach more people, particularly those in rural areas.
India Pregnancy Detection Kits Market – By Type of Test
Based on type of test, the India pregnancy detection kits market is bifurcated into Urine test for HCG and Blood test for HCG segments. The blood test for HCG segment holds a higher share in the India pregnancy detection kits market because blood tests for HCG are highly accurate and reliable as they measure the exact levels of HCG hormone present in a woman's blood, which is considered the gold standard for pregnancy detection. Also, blood tests for HCG can detect pregnancy at an earlier stage than other types of pregnancy detection kits, including urine tests, because HCG is detectable in the blood earlier than it is in the urine. Moreover, blood tests for HCG are commonly used in hospitals and clinical settings, making them a preferred option for healthcare professionals. It is because they provide accurate results and can also be used to monitor the progress of pregnancy and detect any complications. Furthermore, the increasing prevalence of high-risk pregnancies and the need for early detection of pregnancy-related complications have also contributed to the demand for blood tests for HCG in the Indian market.
Competitive Landscape
Major players operating in the India pregnancy detection kits market include Procter & Gamble Co., Alere Inc., SPD Swiss Precision Diagnostics, Cardinal Health, Church & Dwight, Prestige Brands Holdings, Piramal Enterprises, Abbott Laboratories, Germaine Laboratories, and Quidel Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Pregnancy Detection Kits Market . It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Pregnancy Detection Kits Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Publish Date: May 2023
Growing demand for self-detecting pregnancy kits and rising disposable income are projected to propel the expansion of the India pregnancy detection kits market during the forecast period between 2023 and 2029.
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