Fertility Monitors Market Size Share Trends Analysis
Fertility Monitors Market size was valued at USD XX billion in 2021, and it is projected to reach USD XX billion by the end of 2029, with growth at a CAGR of 7% over the forecast period of 2022-2029.
A fertility monitor is an electronic device that helps identify the fertile period. They are generally small, portable, battery-operated gadgets that analyze the results of a fertility test.
Sensor-enabled Internet of Things (IoT) device development. On the one hand, these have been primarily connected with menstrual (self-) tracking applications in ways that make menstrual tracking applications appear to focus on fertility or contraception, extend understanding of the menstrual cycle or increase menstrual literacy.
In contrast to how these technologies could exist differently in ways that encourage self-knowledge and affirm and support the needs of different kinds of menstruating bodies, such an instrumental approach to menstruation prescribes the forms of knowledge and types of relationships with their body that those who menstruate are regarded as likely to embrace, these technologies could exist differently in ways that encourage self-knowledge and affirm and support the needs of different kinds of menstruating bodies.
Ovulation predictor kits (OPK) or higher-tech devices can be pricey, daily monitoring (through Basal Body Temperature (BBT) or during the follicular phase with OPK’s) can add to fertility stress, and possibly false or unclear results are some of the factors due to which the market is expected to hamper the market growth.
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Impact of COVID-19
The COVID-19 pandemic has moderately impacted healthcare systems and the market. Globally, infections with the novel SARS-CoV-2 virus continuously rise with mounting numbers of deaths. The ACE2 receptor is found in both the female and male reproductive systems, and reports of multi-organ involvement have raised questions about the receptor’s implications on fertility.
Market Segmentation:
The ovulation predictor monitor segment is expected to dominate in 2020. The segment is benefited because Ovulation test strips can determine the most fertile days. Depending on your menstrual cycle, they can have an accuracy rate of up to 99 percent. Ovulation test strips are designed to detect luteinizing hormone (LH) levels in urine. This hormone signals ovulation, which releases an egg from the ovaries into the fallopian tube.
Regional Outlook Analysis
In 2020, North America accounted for the highest revenue share. The increasing prevalence of infertility cases, technological advancement in fertility monitors, the surge in inpatient visits to gynecologists, owing to high healthcare expenditure, product launches by the market players in the region are expected to boost the market in the forecast period. For instance, approximately one in eight couples are affected by infertility in the United States.
Additionally, Inito has launched a newly developed at-home fertility test in the U.S. market. It works by measuring estrogen and luteinizing hormone levels to predict fertile days, then measuring progesterone to confirm ovulation, ultimately assisting patients through conception.
Key Players Profiled in the market:
Major key players in the fertility monitors market are Swiss Precision Diagnostics GmbH, UEBE Medical GmbH, Valley Electronics AG, Comper Healthcare, EarlySense, Bistos Co., Ltd, viO HealthTech Limited, and Raiing Medical Company.
Market Segmentation Overview:
By Type:
- Ovulation Predictor Monitor
- Urine & Saliva-based Monitor
- Others
By Product:
- Table
- Hand-Held
By Indication:
- Female Fertility Testing
- Male Fertility Testing
By End-user:
- Fertility Clinics
- Hospitals
- Homecare
- Others
Geographical Classification of the Market:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Rest of the world
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