Press release
Global Fertility Testing Devices Market Report 2017 - Opportunities & Forecasts to 2024 for the USD 162.3 Billion Industry
The global fertility testing devices market is accounted for USD 162.3 million in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.Global Fertility Testing Devices Market Product (Ovulation Prediction Kit & Fertility Monitor (Urine-Based, Saliva-Based, Basal Body Temperature)), Mode of Purchase (Over The Counter, Prescription Based.), End User, Geography- Industry Trends and Forecast to 2024
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Market Definition:
Fertility testing devices are used by both men and women for the assessment of their fertility and various conditions associated with it. Fertility testing is also done by couples to detect the causes responsible for their infertility. Fertility testing is performed at home and is time saving and economical, helps maintain privacy, and is comfortable for females.
Competitive Analysis:
The global fertility testing devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fertility testing devices for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation:
By product:- Ovulation prediction kits and fertility monitors.
Fertility monitors are further segmented:- urine-based monitors, saliva-based monitors and others.
On the basis of mode of purchase:- over the counter and prescription based.
On the basis of end user:- Hospitals, fertility clinics, homecare settings.
On the basis of geography:-
• North America
• South America,
• Europe,
• Asia-Pacific, and Middle East & Africa.
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Major Market Drivers and Restraints:
• Increasing numbers of median age of first-time pregnancies
• Increasing awareness about fertility testing among woman
• Easy availability of ovulation monitors on e-commerce websites
• High cost of devices
• Increasing inflow of generic fertility testing devices affecting revenue growth
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Major Market Competitors
Some of the major players operating in global fertility testing devices market are
• Church & Dwight Co., Inc.,
• SPD Swiss Precision Diagnostics GmbH,
• AccuQuik,
• Prestige Brands Holdings, Inc.,
• HiLin Life Products, Inc., and Fertility Focus Limited.
• Geratherm Medical AG,
• Babystart Ltd,
• Quidel Corporation,
• UEBE Medical GmbH,
• Biozhena Corporation,
• Alere Inc.,
• Taidoc Technology Corporation,
• HiLin Life Products, Inc.,
• Fairhaven Health,
• LLC
• among others.
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