North America Market Statistics
Regionally, the global pregnancy test kit market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. North America is poised to account for largest revenue share by 2036, on the back of developed healthcare infrastructure in the region. The USA is the highest spending country in the healthcare sector. It is estimated that in 2020, the US spent approximately 4.1 trillion dollars on healthcare. On the back of the availability of efficient healthcare infrastructure in the region the global pregnancy test kit market is expected to grow during the forecast period.
APAC Market Analysis
The global pregnancy test kit market is projected to grow during the forecast period in the Asia Pacific region due to the increasing initiatives taken by the governments and raising awareness amongst the people. The region has a high population and according to data published by UNICEF every day 67,385 babies are born only in India. Hence Asia Pacific region is expected to hold lucrative opportunities for the growth of the global pregnancy test kit market during the forecast period owing to the presence of a larger consumer base.
Author Credits: Radhika Pawar
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