Study Reports on Fertility Test Market to 2023 - North America and Europe Dominates the Growth

Report studies the fertility test market based on product, mode of purchase, application, end user, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It analyses opportunities and challenges in the market and provides details of the competitive landscape for market leaders.

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Geographically, the fertility test market is segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World. The APAC market is expected to register the highest growth rate during the forecast period. The fast growth of this segment is mainly due to the growing number of women suffering from lifestyle disorders, increasing healthcare expenditure in these regions, rising funding/investments for the development of fertility and ovulation monitors.

The global fertility test market is expected to reach USD 583.1 million by 2023 from USD 411.8 million in 2018, at a CAGR of 7.2%. Growth in the market can be attributed to factors, such as increasing first-time pregnancy age, launch of advanced, easy-to-use fertility monitors with high accuracy, and increasing awareness about fertility testing.

Breakdown of supply-side primary interviews:
• By Company Type - Tier 1 – 25%, Tier 2 – 30% and Tier 3 – 45%
• By Designation- C-level – 26%, Director level – 30%, Others – 44%
• By Region- North America - 34%, Europe – 26%, APAC – 23%, RoW – 17%

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Fertility test market is segmented into ovulation predictor kits, fertility monitors, and male fertility testing products. In 2018, the ovulation predictor kits segment is expected to account for the largest share of the market. The large share can be attributed to their low cost and high efficacy, high preference for these kits, and rising median age of first-time pregnancies in women.

The fertility test market is divided into two segments prescription-based and non-prescription/OTC-based. In 2018, the non-prescription/OTC-based segment is expected to account for a larger share of the market. The large share can be attributed to factors such as the increasing patient preference for home- and remote monitoring, e-commerce availability, confidentiality, & accessibility of test results.

Key Stakeholders
• Fertility testing devices manufacturing companies
• Distributors, suppliers, and commercial service providers
• Fertility clinics
• Research laboratories and academic institutes
• Market research and consulting firms

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Fertility Test Market, By Product
1 Introduction
2 Ovulation Predictor Kits
3 Fertility Monitors
4 Urine-Based Monitors
5 Saliva-Based Monitors
6 Other Fertility Monitors
7 Male Fertility Testing Products

The fertility test market is divided into two segments prescription-based and non-prescription/OTC-based. In 2018, the non-prescription/OTC-based segment is expected to account for a larger share of the market. The large share can be attributed to factors such as the increasing patient preference for home- and remote monitoring, e-commerce availability, confidentiality, & accessibility of test results, and growing initiatives taken by leading market players to develop easy-to-use and accurate products.

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This release was published on openPR.