Increase in awareness of fertility testing, launch of technologically advanced products with high accuracy, and declining fertility rates across the globe drive the global fertility test market. However, high cost of fertility testing monitors and unproven accuracy of ovulation monitors in PCOS/PCOD patients hinder the market growth. On the contrary, sale of fertility testing devices via online platforms is expected to open lucrative opportunities for the market players in the future.
According to the report published by Allied Market Research, The global Fertility Test Market Size was valued at USD 462.23 million in 2020 and it is estimated to surpass around USD 842.96 million by 2028 with a registered CAGR 7.8% from 2021 to 2028.
The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
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Top Key Players of Fertility Test Market: –
- Fairhaven Health LLC
- Church & Dwight Co. Inc.
- Geratherm Medical AG
- Fertility Focus Limited
- Prestige Brands Holdings Inc.
- HiLin Life Products Inc.
- Abbott Laboratories
- Quidel Corporation
- Advacare Pharma
- UEBE Medical
Global Fertility Test Market Segmentation –
The report segments the global fertility testing market on the basis of product, application, end-user, and region.
By Product
- Ovulation Prediction Kits,
- Fertility Monitors
- Male Fertility Testing Products
By Mode of Purchase
- OTC-based
- Prescription-based
By Application
- Female Fertility Testing
- Male Fertility Testing),
By End User
- Home Care Settings
- Hospitals/Fertility Clinics
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Asia-Pacific to dominate the market, North America to grow at a significant pace throughout the forecast period-
The global fertility test market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific dominated with the largest share in 2020, contributing to nearly two-fifths of the market. Furthermore, the region is anticipated to register the highest CAGR of 8.4% during the forecast period. This is due to rise in the prevalence of diseases like PCOS, increases in the first time pregnancies in women and declining fertility rates. On the other hand, the market across North America is expected to manifest a CAGR of 6.90% throughout the forecast period.
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in the coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
- How big is the global & regional market in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- Which region has more opportunities?
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