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Fertility Test Sales are slated to surge at a CAGR of 7.6% during the forecast period - Swiss Precision Diagnostics, AdvaCare Pharma, Prestige Brands Holdings, bioZhena 05-10-2023 05:21 PM CET | Health & Medicine

05-16-2023 08:16 AM CET | Health & Medicine

Press release from: Global Insight Services

Fertility Test Market

Fertility Test Market

The global fertility test market was valued at USD 472 million in 2022 and it is anticipated to grow further up to USD 979.9 million by 2032, at a CAGR of 7.6% during the forecast period.

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A medical and physical assessment called a fertility test measures a person's capacity to conceive naturally. Growing older is one of the factors that might impair fertility, therefore women and men who are 35 or older who are having trouble becoming pregnant even after six months of trying should think about fertility testing. Blood tests, discussions of medical history, and minimally invasive procedures are all part of the fertility testing procedure.

It mostly includes detecting hormones like luteinizing hormone or progesterone hormone in blood, urine, or saliva to determine whether ovulation has occurred. Semen analysis is part of the tests for males to ensure a proper sperm count.

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Market Trends and Drivers

The increasing first-time pregnancy age is propelling the growth of the market. Due to the drop in first pregnancies among teenage girls and the rise in pregnancies among women over 30, the average age of first pregnancies has dramatically increased globally during the past few decades.

The average age at which women give birth is now 30 or older, according to the OECD; this development is primarily being noticed since women over the world are showing a higher preference for delaying first pregnancies. Listed below are some significant products launched in recent years:

The average mean age of a first pregnancy in the OECD-25 nations climbed from 29 to 30 between 2015 and 2019 according to the OECD Family Database. The only OECD nation with a mean average age of 28 or less is Mexico.
Only 11.8 births per 1,000 young women (under the age of 20) have their first child, which is in line with the rising mean age of first-time pregnancies (Source: OECD).

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UNICEF reports that between 2005 and 2017, the average age of Canadian women giving birth to their first child rose by 1.5 years, from 27.5 to 29.
The average age of first-time moms in the Netherlands grew from 29.4 years in 2013 to 29.9 years in 2019. (Source: CBS, 2019).

Global Fertility Test Market Segmentation
By Product

Ovulation Prediction Kits
Fertility Monitors
Male Fertility Test Kits

By Mode of Purchase

OTC-based
Prescription Based
Online
By Application

Female Fertility Testing
Male Fertility Testing
By End User

Home Care Settings
Fertility Clinics

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Major Players in the Global Fertility Test Market

The key players studied in the global fertility test market are Swiss Precision Diagnostics (Switzerland), Prestige Brands Holdings (US), bioZhena (US), Fairhaven Health (US), Fertility Focus (UK), Geratherm Medical (Germany), Hilin Life Products (US), UEBE Medical (Germany), AdvaCare Pharma (US), AVA (Switzerland), Babystart (UK), Valley Electronics (Germany)and Mira Care (US).

New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/

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Global Insight Services LLC
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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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