Pregnancy point of care testing market revenues reached US$ 1.2 billion in 2018, according to new study by research firm Fact.MR. Increasing need for rapid and accurate diagnostics with the emergence of advanced technologies is providing an impetus to the ongoing developments in the pregnancy point of care testing market. The study opines that the market will envisage nearly 5% y-o-y in 2019 over 2018, with growing adoption of innovative technologies likely to redefine future trends.
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Manufacturers are capitalizing on the increasing ubiquity of smartphones by introducing next-generation pregnancy point of care testing devices that can be connected to smartphone applications, finds Fact.MR. Smartphone-based pregnancy point of care testing products are emerging as a promising alternative to traditional laboratory-based diagnostic testing practices. Leading manufacturers are launching innovating products with smartphone connectivity to cater to the end-users’ demand for easy-to-use at-home pregnancy test kits.
In addition, the study also finds that modern smartphone-based pregnancy point of care testing devices are reducing in size, cost, as well as complexity, and this is an important factor to boost growth of the pregnancy point of care testing market. A mounting number of small businesses are entering the pregnancy point of care testing markets in developing regions and launching innovative smartphone-based products at competitive prices to attract consumers in emerging economies. The study opines that increasing number of new players in the market and growing price gap between leading players and new entrants will influence growth of the global pregnancy point of care testing market in the coming decade.
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The Fact.MR study finds that leading manufacturers in North America are adopting advanced technologies for competitive advantages with the launch of more reliable and rapid diagnostics. Despite the ambiguity about the accuracy of commonly available pregnancy point of care testing devices, consumer adoption of these products remains high.
With the adoption of innovative marketing strategies and collaborations with various distributors in the region, manufacturers are gearing up to capitalize on lucrative sales opportunities in the North American pregnancy point of care testing market. Fact.MR opines that, though South Asia is emerging as a high-growth market for pregnancy point of care testing market, North America will continue to remain an important regional market for stakeholders in the foreseeable future.
The Fact.MR study offers the futuristic overview of the pregnancy point of care testing market for the forecast period 2018-2028. The study opines that the market will grow at a healthy 4.5% CAGR during the assessment period.
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The FactMR study offers the futuristic overview of the pregnancy point of care testing market for the forecast period 2018-2028.
Pregnancy point of care testing market revenues reached US$ 1.2 billion in 2018, according to new study by research firm FactMR.
Increasing need for rapid and accurate diagnostics with the emergence of advanced technologies is providing an impetus to the ongoing developments in the pregnancy point of care testing market.
The study opines that the market will envisage nearly 5% y-o-y in 2019 over 2018, with growing adoption of innovative technologies likely to redefine future trends.Manufacturers are capitalizing on the increasing ubiquity of smartphones by introducing next-generation pregnancy point of care testing devices that can be connected to smartphone applications, finds FactMR.
Smartphone-based pregnancy point of care testing products are emerging as a promising alternative to traditional laboratory-based diagnostic testing practices.
Leading manufacturers are launching innovating products with smartphone connectivity to cater to the end-users’ demand for easy-to-use at-home pregnancy test kits.In addition, the study also finds that modern smartphone-based pregnancy point of care testing devices are reducing in size, cost, as well as complexity, and this is an important factor to boost growth of the pregnancy point of care testing market.
Increasing need for rapid and accurate diagnostics with the emergence of advanced technologies is providing an impetus to the ongoing developments in the pregnancy point of care testing market.
The study opines that the market will envisage nearly 5% y-o-y in 2019 over 2018, with growing adoption of innovative technologies likely to redefine future trends.To garner Additional Information on the Competitive Dynamics, Get the Sample: https://www.factmr.com/connectus/sample?flag=S_id=3560Manufacturers are capitalizing on the increasing ubiquity of smartphones by introducing next-generation pregnancy point of care testing devices that can be connected to smartphone applications, finds Fact.MR.
Smartphone-based pregnancy point of care testing products are emerging as a promising alternative to traditional laboratory-based diagnostic testing practices.
Leading manufacturers are launching innovating products with smartphone connectivity to cater to the end-users’ demand for easy-to-use at-home pregnancy test kits.In addition, the study also finds that modern smartphone-based pregnancy point of care testing devices are reducing in size, cost, as well as complexity, and this is an important factor to boost growth of the pregnancy point of care testing market.
The study opines that increasing number of new players in the market and growing price gap between leading players and new entrants will influence growth of the global pregnancy point of care testing market in the coming decade.Human chorionic gonadotrophin (hCG) urine test kits accounted for nearly 43% revenue share of the global pregnancy point of care testing market in 2018, and the trend will prevail in the upcoming years, according to the Fact.MR study.
The study attributes the rising demand for hCG urine test kits to the burgeoning sales of pregnancy test kits across the world.
Fact.MR has actively investigated the global market for pregnancy point of care testing which is estimated to foresee incremental growth in the coming years.
This assessment is indeed a dynamic compilation of high-end researched data which systematically feeds the reader with informative data.According to this report study, manufacturers are taking advantage of increasing ubiquity of smartphones with the launch of next-generation pregnancy point of care testing devices that can be coupled to smartphone applications.
This exhaustive assessment confers crucial market aspects like market value projections, Y-o-Y growth analysis, drivers, restraints, opportunities, market value (US$ Mn)forecast and market attractiveness analysis.Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S_id=3560hCG Urine Test Kits Sales Continue to Bolster Based on research analysis, human chorionic gonadotrophin (hCG) urine test kits acquired close to 43% revenue share in the global pregnancy point of care testing market in 2018.
It is predicted that this trend would continue in the upcoming years, thereby, motivating market growth.
In 2018, pregnancy test kits managed close to half the revenue share in the pregnancy point of care testing market, and greater reliability and accuracy of hCG urine tests associated to pregnancy point of care testing is strengthening its share in the global market.North America Market for Pregnancy Point of Care Testing Accounts 50% Revenue Share In 2018, the North American market for pregnancy point of care testing valued at US$ 648 million.
Furthermore, Fact.MR reports that leading manufacturers in North America are embracing advanced technologies to receive competitive gains with the introduction of more reliable and speedy diagnostics.
