Fertility testing is a process to check fertility levels in men and women. The global Fertility Testing Market is expected to exhibit steady growth due to growing prevalence of infertility among humans and surge in the occerence of hormonal and gynaecological disorders can trigger the demand for fertility testing kits over the forecast period.
The market is driven by cases of infertility or low sperm motility among men due to the current lifestyle. Development of fertility testing kits, fertility-friendly monitors, and increasing first-time pregnancy age are other factors expected to drive the market. Increasing government support to foster fertility in low-child economies and availability of rapid diagnostic kits can augur favourably for the market. But availability of counterfeit or low-priced drugs and kits can impede the market.
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Competitive Analysis:
Leading players in the global fertility testing market include
- Alere Inc.
- Atlas Medical
- BioMérieux S.A.
- Church
- Dwight Co. Inc.
Segmentation:
The global fertility test market is segmented on the basis of application, type, test type, and region.
By application, the global fertility testing market is segmented into animal, men, and women. The animal fertility testing category is likely to hold a strong global fertility testing market share over the forecast period due to the growing demand for animal fertility testing in animal husbandry operations. The growing meat and animal products industry is various parts of the world is likely to remain a key driver for the animal segment of the fertility testing market over the forecast period.
By type, the global fertility test market is segmented into ovulation kits and fertility monitors.
By test type, the global fertility testing market is segmented into blood test, cervical smear test, urine test, sperm test, and microscopic analysis.
By End use, the global fertility test market is segmented into hospitals, specialty clinics, and others. The specialty clinics segment is likely to exhibit steady growth in the global fertility testing market over the forecast period due to the growing demand for specialty facilities for fertility testing.
Regional Analysis:
North America is likely to dominate the global fertility testing market over the forecast period due to the growing prevalence of infertility in the region as well as the growing awareness about fertility testing in the region. The growing prevalence of sedentary lifestyles, increasing prevalence of smoking and excessive alcohol consumption, and other factors have driven up the prevalence of infertility issues in North America. These factors are likely to drive the fertility testing market in the region over the forecast period. Increasing awareness about infertility treatments is also likely to remain a key driver for the fertility testing market over the forecast period. As fertility testing has become more widespread and more prevalent in the social consciousness, some of the taboo surrounding the concept of fertility testing has been reduced in recent years. This is likely to be a major driver for the fertility testing market over the forecast period.
Due to the increasing awareness among the population, the use of fertility testing equipment such as ovulation kits and fertility monitors has grown. This is likely to remain a key driver for the fertility testing market in North America over the forecast period.
The fertility rate in women in Europe has seen a constant drop since 2002, with the latest figures showing a fertility rate of 1.58 per women. This drop in the fertility rate in Europe has been accompanied by a growing demand for fertility testing equipment. The development of anti-Mullerian hormone testing for women is likely to remain a key feature of the fertility testing market in Europe over the forecast period. These tests have become popular in the healthcare sector in recent years due to their uncomplicated nature and ease of obtaining a diagnosis. This is likely to drive the Europe market for fertility testing over the forecast period.
Asia Pacific is likely to become a major regional market for fertility testing market players in the coming years. The high volume of the Asia Pacific market for fertility testing is likely to remain its key driver over the forecast period, as the high population of Asia Pacific has opened up a new vista for the fertility testing market and the key players operating in it. Growing demand for fertility testing equipment among Asia Pacific consumers is the result of the growing awareness about fertility testing. In many countries, the fertility testing market is in the process of rising to its maximum potential, leading to a growing demand from the fertility testing market in the coming years. This is likely to remain a major driver for the fertility testing market in Europe over the forecast period.
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