Press release
Fertility Test Market Beyond Expectations Insights Unveiled on Market Size, Trends, Share, and Growth Projections 2031
The global fertility testing market reached a value of $462.23 million in 2020 and is projected to reach $842.96 million by 2028, with a CAGR of 7.8%. Fertility testing is a medical assessment that evaluates an individual's ability to conceive naturally. Both males and females undergo fertility testing, with females being tested for ovulatory hormones through urine or saliva analysis. The hormones examined include luteinizing hormone, estrogen, and progesterone. Meanwhile, male fertility testing involves semen analysis to assess sperm count.Request To Download Sample of This Strategic Report @ https://reportocean.com/industry-verticals/sample-request?report_id=AMR1806
The market growth is driven by the increasing prevalence of conditions like which affects regular ovulation due to excessive estrogen production by the ovaries. Additionally, the rising number of first-time pregnancies among women and declining fertility rates worldwide contribute to market expansion. Increased awareness of fertility testing in developed and developing countries further fuels market growth. The introduction of technologically advanced and highly accurate products also drives the market. For example, in June 2020, Modern Fertility launched two new products, the Modern Fertility Pregnancy Test, Ovulation Test, and the free Modern Fertility App.
Furthermore, the growing preference for at-home fertility tests, facilitated by the availability of user-friendly ovulation prediction kits, along with market strategies focused on product development and innovation by key players, present profitable opportunities for market growth during the forecast period.
The global fertility test market is segmented based on product, mode of purchase, application, end user, and region. The product segment includes ovulation prediction kits, fertility monitors, and male fertility testing products. Fertility monitors are further divided into urine-based ovulation kits, saliva-based ovulation kits, and other fertility monitors. The mode of purchase is categorized as over-the-counter (OTC)-based or prescription-based. Applications are divided into female fertility testing and male fertility testing. End users comprise home care settings and fertility clinics. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA regions.
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Key Benefits for Stakeholders:
This report provides a comprehensive quantitative analysis of current market trends and future estimations from 2021 to 2028, assisting in identifying prevailing market opportunities.
In-depth analysis of various regions enables a detailed understanding of current trends, helping stakeholders formulate region-specific plans.
A comprehensive analysis of driving and restraining factors in the fertility testing market is provided.
Insights from extensive regional analysis allow companies to strategically plan their business moves.
Key Market Segments:
By Product:
Ovulation Prediction Kits
Fertility Monitors
Urine-based Ovulation Kits
Saliva-based Ovulation Kits
Other 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
Fertility Clinics
By Region:
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
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Key Market Players:
Fairhaven Health LLC
Fertility Focus Limited
Geratherm Medical AG
HiLin Life Products Inc.
Prestige Brands Holdings Inc.
Quidel Corporation
Abbott Laboratories
UEBE Medical
Advacare Pharma
Market report provides answers to the following key questions:
- What are the strengths and weaknesses of the key vendors?
- Who are the main key players and what are their future business plans?
- What will be the market size and growth rate in the upcoming year?
- What are the major factors driving the global market?
- What are the key market trends influencing global market growth?
- What are the factors trending and impacting market shares in different regions? What is the impact of Covid-19 on the industry?
- Who are the key market players and what are their strategies in the global market?
- What are the market opportunities and threats faced by vendors globally? What industry trends, drivers, and challenges are affecting their growth?
- What are the key findings from the five forces analysis of the global market?
What this research study offers -
- Market assessments conducted at the regional and country levels to provide detailed granularity.
- The study focuses on analyzing the factors that impact competition and pricing dynamics.
- Thorough competitive analysis that traces the value chain from upstream to downstream.
- Predictive analysis of upcoming trends and shifts in the supply and demand dynamics.
- Examination of competitive developments, including technological advancements, mergers and acquisitions, etc., in the market.
- Identification of influential factors driving the market's sustained growth, with periodic analysis using tables and figures for forecasting.
- The provided forecast information will support the development of strategic, innovative, and profitable business plans, along with SWOT analysis of players, investment feasibility, and recommendations.
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