The global “fertility testing devices market size” is set to grow owing to increased awareness of infertility worldwide. Fortune Business Insights™ in its latest upcoming report, titled, “Fertility Testing Devices Market Size, Share & Industry Analysis, By Product (Ovulation Testing Kit, Fertility Monitors, others), By Gender (Male, Female), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) and Regional Forecast, 2019-2026.”
Fertility testing devices track menstrual cycle, ovulation days, fertility count, and other important sexual aspects of a female as well as male. Fertility testing devices evaluate numerous factors such as sperm count, sperm motility, total semen volume, and others. According to the Centers for Disease Control and Prevention (CDC), about 6% of married women aged between 15 to 22 years in the United States find it difficult to conceive after one year of trying owing to infertility.
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Leading Players operating in the Fertility Testing Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- HILIN LIFE PRODUCTS
- Church & Dwight Co. Inc.
- Prestige Consumer Healthcare, Inc.
- TaiDoc Technology Corporation
- bioZhena Corporation
- Quidel Corporation
Introduction of Technologically Advanced Devices to Aid Growth
Increasing prevalence of infertility in both males and females will drive the fertility testing devices market growth during the projected horizon. On account of this, the introduction of technologically advanced devices will further boost the market. Moreover, the entry of domestic players is expected to bolster the growth of the market considerably.
The important challenge for the market has to be the social stigma following infertility, which could hinder growth to a certain extent. Additionally, low adoption and awareness of fertility testing devices in emerging economies may restrict the market during the forthcoming years.
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North America and Europe to Lead; High Prevalence of Infertility to Drive Market
Among regions, North America and Europe is expected to lead the fertility testing devices market backed by increasing infertility awareness among the population, and high prevalence of infertility in both the genders between the year 2019 and 2026. On the other hand, Asia-Pacific is expected to post a high CAGR owing to the fertility testing devices market trends, such as increasing awareness for family planning and rising infertility among men and women. Likewise, Latin America and Middle East Africa is expected to register a high CAGR by the end of 2026.
Fertility Testing Devices Market Segmentation:
- Ovulation Testing Kit
- Fertility Monitors
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
- North America (USA, Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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Reasons to Purchase this Report:
- Comprehensive analysis of the Fertility Testing Devices Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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