Fertility Test Market Size
As per the report published, the size of the global fertility test market was worth USD 390 million in 2017 and is forecasted to grow at a CAGR of 8.1% during the forecast period.
Key Market Drivers:
The increasing age of women trying to conceive for the first time is driving the market demand. The availability of advanced treatment procedures by monitoring the issues is likely to bolster the demand of the market. Growing incidences of various chronic diseases at an early age is also accelerating the growth rate of the fertility test market. Prevalence for early detection of the disease and growing awareness over the treatment procedures are propelling the market demand. Government initiatives in spreading awareness through campaigns and digital advertisements are also anticipated to fuel the demand of the market to the extent. Also, changes in lifestyles and food habits are expanding the growth rate of the fertility test market.
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Significant Challenges:
However, some treatment procedures cost very high, where common people afford them is slowly impeding the demand of the market. Lack of diagnostic and treatment facilities in rural areas is also limiting the demand for the fertility test market. In addition, the dearth of skilled professionals in undeveloped countries due to lack of training programs is hampering the demand of the market.
Impact of COVID-19 on the global fertility test market:
COVID-19 has flattened the market size due to lockdown restrictions and slow movement of the transport. As the doctors act as front liners in the fight against COVID 19 pandemic, all the fertility tests were postponed for a few months. However, there is a slight increase in the shares from two-three months after the lockdown. Unavailability of the doctors in some areas is also a factor for the reduction of the shares. Following prevention measures like social distancing and wearing masks, the fertility test market demand is surging. The market is esteemed to have significant growth opportunities in the coming years as well.
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This research report on the global fertility test market has been segmented and sub-segmented based on the product type, application, end-user, and region.
By Testing Device:
- Ovulation Predictor Kits
- Fertility Monitors
- Urine-based Monitors
- Saliva-based Monitors
- Other Fertility Monitors
- Male Fertility Testing Products
By Mode of Purchase:
- Non-Prescription/OTC-based
- Prescription-based
By Application:
- Female Fertility Testing
- Male Fertility Testing
By End User:
- Home care Settings
- Hospitals, Fertility Clinics, & Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
Regionally, In North America, the market is leading to the highest shares, among others. Increasing incidences of fertility-related problems due to the adoption of sedentary lifestyles are ascribed to bolster the demand of the market. The introduction of advanced technology in favor of the end-users is also propelling the growth rate of the market in this region. The emergence of e-commerce in the healthcare sector is boosting up the growth of the market. The US and Canada are majorly contributing the highest shares for the market.
Following North America, Europe is the one ruling with the significant shares of the fertility test market. The rapid adoption of the latest technologies in introducing various diagnostic kits is likely to fuel the demand of the market. Growing urine-based ovulation monitoring kits is highly expanding the growth rate of the market. Also, increasing PCOS and PCOD problems among women, which is the cause for infertility in many of the women, is leveraging the growth rate of the market.
Asia Pacific is expected to have the highest CAGR in the coming years owing to the rising population. The growing prevalence of accurate fertility monitor diagnosis procedures is elevating the demand of the market in this region. India and China are focusing on developing innovative diagnosis and treatment procedures for infertility, which is prompting this market’s growth rate.
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TOP COMPANIES IN THIS MARKET
Key market participants that are dominating the global Fertility Test Market analyzed in this report are Advacare Pharma, AVA, Babystart, Biozhena, Church & Dwight (US), Fairhaven Health, Fertility Focus, Geratherm Medical, Hilin Life Products, Prestige Brands Holdings (A Part of Gregory Pharmaceutical Holdings) (US), Sensiia, Swiss Precision Diagnostics (SPD) (Switzerland), Taidoc, Uebe Medical and Valley Electronics.
List of Tables and Figures of the report:
- Global Fertility Test Market, By Region, From 2020 to 2025 (USD Million)
- Global Fertility Test Market, By Testing Device, From 2020 to 2025 (USD Million)
- Global Ovulation Predictor Kits Market, By Region, From 2020 to 2025 (USD Million)
- Global Fertility Monitors Market, By Region, From 2020 to 2025 (USD Million)
- Global Male Fertility Testing Products Market, By Region, From 2020 to 2025 (USD Million)
- Global Fertility Test Market, By Mode of Purchase, From 2020 to 2025 (USD Million)
- Global Non-Prescription/OTC-based Market, By Region, From 2020 to 2025 (USD Million)
- Global Prescription-based Market, By Region, From 2020 to 2025 (USD Million)
- Global Fertility Test Market, By Application, From 2020 to 2025 (USD Million)
- Global Female Fertility Testing Market, By Region, From 2020 to 2025 (USD Million)
- Global Male Fertility Testing Market, By Region, From 2020 to 2025 (USD Million)
- Global Fertility Test Market, By End User, From 2020 to 2025 (USD Million)
- Global Home care Settings Market, By Region, From 2020 to 2025 (USD Million)
- Global Hospitals, Fertility Clinics, & Others Market, By Region, From 2020 to 2025 (USD Million)
- 120+ More
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