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Nigeria Pregnancy Test Kits Market Size, Industry Analysis Report By Type (Urine test for HCG, Blood test for HCG), By End Users (Hospital Pharmacies, Independent Pharmacies and Drug Store, Online Pharmacies), By Product (Digital Devices, Line Indicators), By Application (Hospitals, Clinics, Households) & Region – Forecasts

  • PUBLISHED ON
  • 2024-01-08
  • NO OF PAGES
  • 254
  • CATEGORY
  • Healthcare & Life Sciences

 

Global Nigeria Pregnancy Test Kits Market Analysis by Type of Test, End Users, Product, Application, Distribution Channel, Region and segments forecast till 2033

 

Market Overview

Nigeria Pregnancy Test Kits Market was worth USD 1,899.86 million in 2021 and is anticipated to register a CAGR of 5.30% over 2022-2030, thereby amassing USD 1,759.44 million by the of analysis timeframe.

 

Report Scope

Report Attributes

Description

Market Size in 2022

USD 1899.86 Million

Market Forecast in 2033

USD 1759.44 Million

CAGR % 2023-2033

5.30%

Base Year

2022

Historic Data

2020-2021

Forecast Period

2023-2033

Report USP

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

Type of Test, End Users, Product, Application, Distribution Channel

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

Fitbit, Inc., Garmin Ltd, Alphabet Inc., Google LLC, Huawei Technologies Co., Ltd., Fossil Group, Inc., Motorola Mobility LLC, Sony Corporation, SAMSUNG, Tomtom International BV, Giorgio Armani, S.p.A, Amazon, Polar Electro, ASUSTEK Computer Inc., LG Electronics, Xiomi Inc., and Others.

 

A pregnancy test kit is used to determine pregnancy in women by measuring hormones like human chorionic gonadotropin (HCG) in their urine or blood sample. These kits facilitate at-home pregnancy tests and are generally about 99% accurate when used as instructed. They are mostly available in pharmacies and other stores and don’t require a prescription to be availed.

Surging cognizance regarding the benefits and availability of pregnancy test kits coupled with rising adolescent pregnancy rates are primarily aiding the industry growth. Alongside, favorable government initiatives to promote the use of pregnancy determination kits in rural areas is further adding traction to market development.

Additionally, continuous technological advancements in the field, growing age of first pregnancy, and rising research & development investments in the field are positively swaying the industry expansion. Also, increasing women literacy rate, surge in unplanned pregnancies, and economic developments in the nation are fueling the pregnancy test kits market growth.

On the contrary, high costs pertaining to these kits is hindering the progression of this industry vertical. Also, the COVID-19 pandemic severely affected the sales of pregnancy test kits in Nigeria due to a sudden halt in manufacturing activities driven by pandemic induced restrictions. This further led to a disruption in the product supply chain, thereby impeding overall market progression.

Pregnancy test kits are easily available across pharmacies and other stores. Also, the buyers don’t need a medical prescription to avail pregnancy determination kits making them easily accessible for all. Moreover, these kits enable women to determine their pregnancy within a short time span. These factors in turn are creating lucrative opportunities for the industry to prosper.

The government is taking favorable initiatives to spread awareness regarding the benefits of pregnancy test kits across Nigeria. Promotional campaigns featuring celebrities, awareness drives in rural areas, and distribution of free test kits among women are the major initiatives taken by the Nigerian government to promote the use of these kits.

 

Type of Test Insights

The urine test for HCG segment is anticipated to capture a high market share owing to the growing number of intended and unintended pregnancies and the emergence of new market players.

 

End Users Insights

The online pharmacies segment is projected to register notable gains over the assessment timeline due to rising internet penetration across the nation.

 

Product Insights

The line indicators segment is poised to garner significant revenue share ascribing to rise in female population, surging cognizance and ease of use pertaining to the line indicator pregnancy tests.

 

Application Insights

The Hospitals segment is poised to generate significant returns over the estimated timeline for the Nigeria Pregnancy Test Kits market.

 

Distribution Channel Insights

The Online segment is poised to generate significant returns over the estimated timeline for the Nigeria Pregnancy Test Kits market.

 

Regional Insights

The Nigeria Pregnancy Test Kits is estimated to account for a significant share in the market owing to the favorable initiatives to spread awareness regarding the benefits of pregnancy test kits.

 

Competitive Analysis

The major players influencing the trends of this business sphere are Confirm Biosciences, Abbott Laboratories, Kent Pharmaceuticals, Piramal Enterprises, Quidel Corporation, Prestige Brands Holdings, Inc., Procter & Gamble, Co., DCC plc., Germaine Laboratories, Cardinal Health, Church & Dwight, SPD Swiss Precision Diagnostics, Alere, Inc., and Nantong egens bio Technology Company. Notably, Lia Diagnostics, Inc. in December 2017 launched the world’s first biodegradable pregnancy test kits range.

 

Global Nigeria Pregnancy Test Kits Market- Segmental Analysis

By Type of Test

•Urine test for HCG

•Blood test for HCG

 

By End Users

•Hospital Pharmacies

•Independent Pharmacies and Drug Store

•Online Pharmacies

•Others

 

By Product

•Digital Devices

•Line Indicators

•Others

 

By Distribution Channel

•Retail

•Online

 

By Application

•Hospitals

•Clinics

•Households

 

 

Why to buy this Report?

The report provides quantitative and qualitative aspect for Nigeria Pregnancy Test Kits Market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in Nigeria Pregnancy Test Kits Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

             Business Model

             Production Capacity, Revenue, Sales, Gross Margin

             Key Business Strategy

             SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:

             Company Share Analysis from 2020-2022

             Company Analysis by Revenue and Sales

             Company Production Capacity, Gross Margin

             Company Share Analysis by End Users/End Use

             Company Share Analysis by Product/Specification

1. Nigeria Pregnancy Test Kits Market Introduction and Market Overview

1.1. Objective of the Market Research Study

1.2. Pregnancy Test Kits Market Definition & Description

1.3. Research Data Parameters & Reporting Timelines

1.3.1. Historical Data Reporting Years – 2020 to 2021

1.3.2. Projected Data Reporting Years – 2022 to 2033

1.3.3. Reporting Data Parameters – Value (US$ Million)

1.4. Nigeria Pregnancy Test Kits Market Scope and Market Estimation

1.4.1. Nigeria Pregnancy Test Kits Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)

1.4.2. Nigeria Pregnancy Test Kits Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033

1.5. Pregnancy Test Kits Market Segmentation

1.5.1. Distribution Channel of Nigeria Pregnancy Test Kits Market

1.5.2. Application of Nigeria Pregnancy Test Kits Market

 

2. Nigeria Pregnancy Test Kits Market - Executive Summary

2.1. Nigeria Pregnancy Test Kits Market – Summary & Snapshot

2.2. Nigeria Pregnancy Test Kits Market, By Distribution Channel (US$ Million)

2.3. Nigeria Pregnancy Test Kits Market, By Application (US$ Million)

2.4. Nigeria Pregnancy Test Kits Market Outlook & Future Opportunities

 

3. Pregnancy Test Kits Market Trends, Outlook, and Factors Analysis

3.1. Nigeria Pregnancy Test Kits Market Industry Development Trends under COVID-19 Outbreak

3.1.1. Nigeria COVID-19 Status Overview

3.1.2. Influence of COVID-19 Outbreak on Nigeria Pregnancy Test Kits Market Industry Development

3.1.3. Pre & Post COVID-19 Trends and Scenarios

3.2. Pregnancy Test Kits Market Dynamics (Growth Impacting Factors & Rationales)

3.2.1. Drivers

3.2.1.1. Rising adolescent pregnancy rate, and promotional campaigns is expected to drive the market growth

3.2.1.2. Technological advancements and product innovation in the medical field is anticipated to trigger the market growth

3.2.2. Restraints

3.2.2.1. Lack of Buyers in Nigeria may hamper the market growth

3.2.2.2. High cost of pregnancy kits is also act as a barrier to market growth

3.2.3. Opportunities

3.2.3.1. Direct-to-Consumer (DTC) test creates lucrative opportunity for market expansion

3.2.4. Impact Analysis of Drivers and Restraints

3.3. Ecosystem/ Value Chain Analysis

3.4. Porter’s Five Forces Analysis

3.5. SWOT Analysis

3.6. PEST Analysis

3.7. Average Selling Prices and Pricing Trends Analysis of Pregnancy Test Kits Market

3.8. Technological Roadmap

3.9. Key Investment Pockets of Pregnancy Test Kits Market

3.9.1. By Distribution Channel

3.9.2. By Application

 

4. Nigeria Pregnancy Test Kits Market: Estimates & Historic Trend Analysis (2020 to 2021)

4.1. Nigeria Pregnancy Test Kits Market, 2020 – 2021 (US$ Million)

4.2. Nigeria Pregnancy Test Kits Market, By Distribution Channel, 2020 to 2021 (US$ Million)

4.3. Nigeria Pregnancy Test Kits Market, By Application, 2020 to 2021 (US$ Million)

 

5. Nigeria Pregnancy Test Kits Market Estimates & Forecast Trend Analysis, by Distribution Channel

5.1. Nigeria Pregnancy Test Kits Market Share (%) Estimates and Forecasts, by Distribution Channel, 2022 & 2033

5.2. Nigeria Pregnancy Test Kits Market Revenue (US$ Million) Estimates and Forecasts, by Distribution Channel, 2022 to 2033

5.2.1. Retail Channel

5.2.2. Online Channel

 

6. Nigeria Pregnancy Test Kits Market Estimates & Forecast Trend Analysis, by Application

6.1. Nigeria Pregnancy Test Kits Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033

6.2. Nigeria Pregnancy Test Kits Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033

6.2.1. Hospitals

6.2.2. Clinics

6.2.3. Households

 

7. Competitive Landscape

7.1. Pregnancy Test Kits Market Revenue Share Analysis (%), by Major Players (2021)

7.2. Pregnancy Test Kits Market Competition Matrix, by Leading Players

7.3. Pregnancy Test Kits List of Emerging, Prominent and Leading Players

7.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.

 

8. Company Profiles

8.1. Biofig Nigeria Enterprises

8.1.1. Company Overview & Insights

8.1.2. Financial Performance

8.1.3. Product / Service Portfolio

8.1.4. Geographical Footprint & Share

8.1.5. Strategic Initiatives & Key Developments

 

*Similar details would be provided for all the players mentioned below

8.2. AGARY Pharmaceutical Limited

8.3. ScanTrik Diagnostics & Healthcare Ltd.

8.4. Clearblue

8.5. Clear & Simple

8.6. Hangzhou Biotest Biotech Co., Ltd.

8.7. Albert David Ltd.

8.8. Medonix Nigeria

8.9. BioMerieux

8.10. P&G in Nigeria

8.11. Prestige Brands holdings

8.12. Sekisui Diagnostics

8.13. Others

 

9. Assumptions and Research Methodology

9.1. Data Mining

9.2. Secondary Research

9.3. Primary Research

9.4. Subject Matter Expert Advice

9.5. Quality Check

9.6. Final Review

9.7. Data Triangulation

9.8. Bottom-Up Approach

9.9. Top Down Approach

9.10. Research Flow

9.11. Key Insights from Industry Experts

9.12. Data Sources

9.13. Assumptions

9.14. Limitations

 

10. Conclusions and Recommendations

10.1. Key Research Findings and Conclusion

10.2. Key Insights & Recommendations from Analysts

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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