Press release
Global Fertility Testing Devices Market : Company Share Analysis, Outlook, Size & Share with Strong CAGR by 2024
Global Fertility Testing Devices Market
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
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.
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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.
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. U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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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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