Market Overview:
The global HCG Rapid Test market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of early pregnancies, rising demand for home-based tests, and technological advancements in HCG rapid tests. Based on type, the HCG Rapid Test market is segmented into test strips and digital devices. The test strip segment is expected to account for the majority share of the global HCG Rapid Test market in 2018. This can be attributed to their low cost and easy availability compared with digital devices.
Product Definition:
HCG Rapid Test is a qualitative immunoassay for the detection of human chorionic gonadotropin (hCG) in urine. The test employs a monoclonal antibody to selectively detect hCG in urine.
Test Strip:
The test strip is a device used for detecting the HCG (Human Chorionic Gonadotropin) hormone in urine and serum samples. It works on the principle of electrochemical detection. The test strips are available in different forms such as pre-filled, ready to use, dipsticks, and self-testing kits. They are also provided with accessories that help in storing and transporting them easily along with providing results quickly after testing.
Digital Devices:
The digital devices and it's usage in HCG rapid test market is expected to grow at a lucrative rate during the forecast period. The major drivers for this market are increasing demand for point of care diagnostics, growing prevalence of chronic diseases such as diabetes, obesity & other endocrine disorders coupled with rising geriatric population base. Moreover, technological advancements in the field of digital devices and its associated software are also expected to drive growth during the forecast period.
Application Insights:
Based on the application, the market is segmented into hospital and clinic, and home use. The hospital and clinic segment dominated the global market in 2017 due to increasing HCG testing usage for fertility diagnosis at hospitals. In addition, an increase in adoption of these tests by clinics for early detection of pregnancy is expected to drive growth during the forecast period.
The home use test kits are used by women who are trying to get pregnant or already pregnant. These kits can be used along with ovulation prediction devices that assist couples trying to conceive a baby or those who have had a successful pregnancy before using conventional methods such as calendars based methods or OPKs ( Ovulation Prediction Kits). Conventional ovulation tests require blood samples that need to be taken from patients every day which can be inconvenient especially if they live far away from medical facilities.
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for cost-effective diagnostic procedures are some factors responsible for its large share. Moreover, growing obesity rates among adults coupled with rising awareness regarding early diagnosis are expected to drive the HCG test sales in this region over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and rising disposable income levels in emerging countries such as China and India. Furthermore, government initiatives encouraging people from all socioeconomic backgrounds to opt for modern healthcare services may also contribute significantly towards regional growth over the next eight years. ‘The HCG Diet Plan' has been designed especially for overweight individuals suffering from Polycystic Ovarian Syndrome (PCOS).
Growth Factors:
- Increasing incidence of HCG-related disorders such as gestational diabetes, ovarian hyperstimulation syndrome, and choriocarcinoma is expected to drive the demand for HCG Rapid Test market.
- Rising awareness about early diagnosis and treatment of HCG-related disorders is anticipated to boost the growth of the market during the forecast period.
- Growing number of pregnant women is another key factor that is expected to fuel the demand for HCG Rapid Test products over the next few years.
- Technological advancements in diagnostic testing are projected to create new opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
HCG Rapid Test Market Research Report
By Type
Test Strip, Digital Devices
By Application
Hospital and Clinic, Home Use
By Companies
Church & Dwight, SPD Swiss Precision Diagnostics, Abbott Laboratories, Quidel, BioMerieux, Geratherm Medical, Zizhu Pharm, Runbio Biotech, Guangzhou Wondfo, Egens Biotech, CIGA Healthcare, Pregmate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global HCG Rapid Test Market Report Segments:
The global HCG Rapid Test market is segmented on the basis of:
Types
Test Strip, Digital Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital and Clinic, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Church & Dwight
- SPD Swiss Precision Diagnostics
- Abbott Laboratories
- Quidel
- BioMerieux
- Geratherm Medical
- Zizhu Pharm
- Runbio Biotech
- Guangzhou Wondfo
- Egens Biotech
- CIGA Healthcare
- Pregmate
Highlights of The HCG Rapid Test Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Test Strip
- Digital Devices
- By Application:
- Hospital and Clinic
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HCG Rapid Test Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HCG Rapid Test is a home pregnancy test that uses a urine sample to detect the presence of human chorionic gonadotropin (hCG). hCG is produced during early pregnancy and can be used to determine whether or not you are pregnant.
Some of the major companies in the hcg rapid test market are Church & Dwight, SPD Swiss Precision Diagnostics, Abbott Laboratories, Quidel, BioMerieux, Geratherm Medical, Zizhu Pharm, Runbio Biotech, Guangzhou Wondfo, Egens Biotech, CIGA Healthcare, Pregmate.
The hcg rapid test market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HCG Rapid Test Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HCG Rapid Test Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HCG Rapid Test Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HCG Rapid Test Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HCG Rapid Test Market Size & Forecast, 2020-2028
4.5.1 HCG Rapid Test Market Size and Y-o-Y Growth
4.5.2 HCG Rapid Test Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Test Strip
5.2.2 Digital Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital and Clinic
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HCG Rapid Test Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HCG Rapid Test Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Test Strip
9.6.2 Digital Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital and Clinic
9.10.2 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Test Strip
10.6.2 Digital Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital and Clinic
10.10.2 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Test Strip
11.6.2 Digital Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital and Clinic
11.10.2 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Test Strip
12.6.2 Digital Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital and Clinic
12.10.2 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Test Strip
13.6.2 Digital Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital and Clinic
13.10.2 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HCG Rapid Test Market: Competitive Dashboard
14.2 Global HCG Rapid Test Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Church & Dwight
14.3.2 SPD Swiss Precision Diagnostics
14.3.3 Abbott Laboratories
14.3.4 Quidel
14.3.5 BioMerieux
14.3.6 Geratherm Medical
14.3.7 Zizhu Pharm
14.3.8 Runbio Biotech
14.3.9 Guangzhou Wondfo
14.3.10 Egens Biotech
14.3.11 CIGA Healthcare
14.3.12 Pregmate
