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The global market of Ovulation Test is expected to reach US$ 2500 million in 2023 from US$ 1000 million in 2016 with a CAGR of approximately 4.5% during the forecast period 2017-2023.
The report titled “Ovulation Test Market -Forecast to 2023″ is a direct appreciation by Market Research Future of the market potential of the Ovulation Test Market. The report intends to provide accurate and meaningful insights, both quantitative as well as qualitative. It can be said with high confidence level, that this report will satisfy the need for comprehensive insights needed to compete and beat other players in today’s winner takes all market!
Global Ovulation Test Market – Overview:
Ovulation is the biological process that results in the release of eggs from the ovary. The ovulation test detects a rise in luteinizing hormone (LH) in the urine. This rise in the hormone signals the ovary to release the egg. This test is often used by women to help predict when an egg release is likely. This is when pregnancy is most likely to occur. Moreover, these ovulation prediction kits or OPKs are also being used to detect the exact day of ovulation for those women that undergo a treatment for infertility. There is an increase in the demand of ovulation test kits across the globe. Urine test segment accounts for the largest market share due to its extensive application by women for testing pregnancy.
The global ovulation test market is growing with the steady pace. The global ovulation test market is expected to grow at a CAGR of ~4.5% during the forecast period 2017-2023. According to a recent study report published by the Market Research Future, The global ovulation test market is booming and expected to gain prominence over the forecast period growing rapidly due to rising technology driven ovulation monitors. The market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).
The market is expected grow with the same trends during the forecast period. The major drivers will be technological advancement for reliable and accurate results from ovulation test kits has spurred the growth the market. According to the Centers for Disease Control, one in eight women has trouble conceiving or sustaining a pregnancy, due to age, health issues or other factors. For that, companies are introducing advanced kits which will help them to monitor their pregnancy and ovulations. For instance, apps like Glow and Apple’s own Reproductive Health kit in iOS make it easier to record, visualize and aggregate large amounts of data related to the reproductive health of the patients. Moreover, pregnancy management and women and child health gaining importance throughout the world favor the growth of this market. Increase in first pregnancy, complications during pregnancy and demand of reliable technology for pregnancy test kits.
Global Ovulation test Market Players:
Key players in ovulation test market are: Swiss Precision Diagnostics GmbH (Switzerland), Church & Dwight Co. Inc. (U.S.), Prestige Brands Holdings Inc. (U.S.), HiLin Life Products Inc. (U.S.) and Fairhaven Health LLC (U.S.)
Other players in this market are: Fertility Focus Limited (U.K.), Geratherm Medical AG (Germany), Accuquik (California), NecLife (India) and Piramal Healthcare (India)
Swiss Precision Diagnostics a market leader across the globe which designs, manufactures and supplies consumer diagnostics products in women health. It has a number of brands like clearblue, persona, accu clear, accuplus and crystal clear. Accu clear provides a range of products for pregnancy and ovulation test. It has been granted three patents by the U.S. in advanced clear blue ovulation test helping it to maintain its leading position in the market.
Church & Dwight Co. Inc. has three main segments mainly consumer domestic, consumer international and specialty products. It has to famous brands regarding ovulation test namely Answer and First response. In April 2016, the company introduced first ever bluetooth enabled pregnancy test stick which connects to mobile applications. The ovulation test kit produce 99% reliable results.
Prestige Brands Holdings Inc. offers various products in number of healthcare domain namely digestive acre, oral care, eye, ear and nose care, pediatric care, skin care and women health. Brands in women health are monistat, norforms, summers eve, uristat and virton-C. In December 2016, the company announced to acquire C.B Fleet Company which manufactures products for feminine care to reach in global market.
HiLin Life Products Inc. manufactures and markets ovulation test kits. Know when saliva fertility test is the most popular product of HiLin Life Products Inc. The company helps women regarding problem inn unplanned pregnancy, fertility, infertility and other health problems.
Segmentation:
Global Ovulation Test market has been segmented on the basis of type of test which includes Urine Based Test, Saliva Based Test and other tests. The end users are Hospitals, clinics, diagnostic centers, fertility centers, home care, and others.
Regional Analysis:
Ovulation test market is studied across four major regions namely North America, Europe, Asia-Pacific and Middle East and Africa. The market is found to be growing in North America followed by Europe. Asia-Pacific is expected to show fastest growth in this market. Middle East and Africa are expected to show steady growth in this market.
The North American market for Ovulation Test is expected to grow at a CAGR 2.20% which is expected to reach at US$ 900 million from US$ 550 million in 2016 by the end of the forecasted period. Awareness regarding planned pregnancy favor the growth of this market. Europe is the second-largest market for Ovulation Test which is expected to grow at a CAGR of 1.24%. Whereas Asia Pacific is expected to be the fastest growing market for Ovulation Test market. India is expected to be the emerging and fastest growing market. India is expected to be the largest market due to increase population of the country. The market shows steady growth in Middle East and Africa.
Major TOC of Global Ovulation Test Market
Chapter 1 Report Prologue
Chapter 2 Market Introduction
2.1 Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
Chapter 3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
Chapter 4 Market Dynamics
4.1 Drivers
4.1.1 Advanced And Easy To Test Kits Available In The Market
4.1.2 Increase Awareness About Fertility Testing
4.2 Restraints
4.2.1 Lack Of Predictive Power Of Test Kits
Chapter 5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Supply Chain Analysis
…CONTINUED
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