Global demand for fertility and pregnancy rapid test kits market will reach US$ 1,068.4 Mn in 2016, up from US$ 1,029.1 Mn in 2015, witnessing 3.8% growth in 2016 over 2015. Increasing prevalence of gynaecological diseases and infertility will continue to drive demand in 2016, with dual-capability test kits gaining traction among consumers.
Pregnancy rapid test kitswill continue to witness higher demand than fertility kits, representing US$ 600 Mn in market value in 2016. Line-indicator kits will continue 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 strong growth rates than strips/dip sticks, however, strips/dip sticks will continue to account for the highest market value, representing US$ 197 Mn in revenues in 2016.
Long-term Outlook: Future Market Insights projects a moderate 4.1% CAGR for fertility and pregnancy rapid test kits market during the forecast period 2016-2026.