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Global Female Fertility And Pregnancy Rapid Test Market 2024 Opportunity Assessment, Production Analysis, Growth Rate And Forecast To 2033
Female Fertility And Pregnancy Rapid Test Market
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Female Fertility And Pregnancy Rapid Test Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The female fertility and pregnancy rapid test market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased awareness of reproductive health, delay in childbearing age, cultural and societal changes, rising maternal age, over-the-counter availability..
The female fertility and pregnancy rapid test market size is expected to see strong growth in the next few years. It will grow to $1.85 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to personalized medicine approaches, rising interest in natural family planning, global fertility tourism, government initiatives for family planning, affordable healthcare initiatives.. Major trends in the forecast period include digital health integration, telemedicine adoption, partnerships and collaborations in the healthcare industry, online retail channels for test kit sales, innovations in ovulation prediction tests..
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Market Segmentation:
The female fertility and pregnancy rapid test market covered in this report is segmented -
1) By Product: Fertility Rapid Test Kits, Pregnancy Rapid Test Kits
2) By Device Type: Digital Devices, Line-indicator Devices
3) By Test Type: FSH Urine Test, LH Urine Test, hCG Blood Test, hCG Urine Test
4) By Distribution Channel: Hospital Channel, Retail Channel, Online Channel
Major Driver - Rising Incidence Of Gynecological Disorders Fuels Growth In The Female Fertility And Pregnancy Rapid Test Market
The increasing incidence of gynecological disorders is expected to propel the growth of the female fertility and pregnancy rapid test market going forward. A gynecological problem is a medical ailment that affects the female reproductive organs, specifically the breasts and abdominal and pelvic organs such as the womb (uterus), ovaries, vagina, fallopian tubes, and Fertility testing can be performed to identify ovulation and/or to diagnose infertility, which is defined as the inability to procreate naturally which in turn helps in reducing gynecological disorders. For instance, in July 2022, according to a report published by the National Library of Medicine, a US-based medical library, the prevalence of gynecological disorders include disposable uterine fibroids (14.23%), spontaneous abortion (13.20%), ovarian dysfunction (11.16%), endometriosis (4.09%), polycystic and dysmenorrhea (45.96%). Therefore, the increasing incidence of gynecological disorders is driving the growth of the female fertility and pregnancy rapid test market.
Competitive Landscape:
Major companies operating in the female fertility and pregnancy rapid test market report are Abbott Laboratories, Atlas Medical GmbH, bioMérieux SA, Quidel Corporation, Egens Group, Eurofins Scientific SE, Everlywell Inc., Genea Pty Limited, Geratherm Medical AG, Mankind Pharma Ltd., SA Scientific Ltd., Artron Laboratories Inc., PRIMA Lab SA, The Procter & Gamble Company, Alere Inc., Prestige Brands Holdings Inc., SPD Swiss Precision Diagnostics GmbH, Fairhaven Health LLC, Fertility Focus Limited, HiLin Life Products Inc., Home Access Health Corporation, Inverness Medical Innovations Inc., Piramal Enterprises Ltd., TTK Healthcare Ltd., UEBE Medical GmbH, Wondfo Biotech Co. Ltd., Bio-Techne Corporation, Creative MicroTech Inc., Fluxion Biosciences Inc., ScreenCell SAS .
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Top Trend - Revolutionizing Women's Health Through The Surge Of Innovative Test Kits In The Female Fertility And Pregnancy Rapid Test Market
Product innovations are the key trend gaining popularity in the female fertility and pregnancy rapid test market. Major companies are developing innovative test kits to sustain their position in the market. For instance, in November 2022, Salignostics, Israel-based research, and development firm specializing in the development of saliva-based rapid diagnostic assays launched Sailstick, a saliva-based pregnancy test. Salistick is the first rapid saliva-based pregnancy test with an improved user interface and high accuracy for detecting early pregnancy. The kit is based on the company's ground-breaking technology for detecting the pregnancy hormone -HCG in saliva. People who take the test enter one component of the test kit into their mouth for several seconds to collect saliva and then into a testing tube, which produces results in less than 10 minutes.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Female Fertility And Pregnancy Rapid Test Market Characteristics
3. Female Fertility And Pregnancy Rapid Test Market Trends And Strategies
4. Female Fertility And Pregnancy Rapid Test Market - Macro Economic Scenario
5. Female Fertility And Pregnancy Rapid Test Market Size And Growth
…..
27. Female Fertility And Pregnancy Rapid Test Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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