Press release
Worldwide Ovulation Test Market is expected to reach US$ 2500 million in 2023
Ovulation is the process that results in the release of eggs from the ovary. The ovulation test detects a rise in luteinizing hormone (LH) in the urine. A rise in this hormone signals the ovary to release the egg. There is an increase in the demand of ovulation test kits across the globe. Urine test segment accounts for the largest market share due to its extensive application by women for testing pregnancy. Pregnancy management, women and child health gaining importance throughout the world favor the growth of this market. Increase in first pregnancy, complications during pregnancy and demand of reliable technology for pregnancy test kits. Home care segment is the largest segment for this market. The market is also driven by the demand of ovulation test kits giving 99% accurate results confirming pregnancy. The global market of Ovulation Test is expected to reach US$ 2500 million in 2023 from US$ 1000 million in 2016 with a CAGR of approximately 4.5% during the forecast period 2017-2023.Key Players for Ovulation Test Market:
Some of the key players in this market are: Swiss Precision Diagnostics GmbH (Switzerland), Church & Dwight Co. Inc. (U.S.), Prestige Brands Holdings Inc. (U.S.), HiLin Life Products Inc. (U.S.) and Fairhaven Health LLC (U.S.)
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Study Objectives: Main objective of this research is to provide information about types of ovulation tests, their end users and market trends for ovulation test, To provide detailed analysis of the market structure along with forecast for the next seven years of the various segments and sub-segments of the ovulation test market. To provide insights about factors affecting the market growth. To analyze the ovulation test market based on various factors- price analysis, supply chain analysis, porters five force analysis etc. To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- America, Europe, Asia-Pacific and Middle East and Africa. To provide country level analysis of the market with respect to the current market size and future prospective. To provide country level analysis of the market for segments by type of test, end users and sub-segments. To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global ovulation test market.
Segments:
Global Ovulation Test market has been segmented on the basis of type of test which includes Urine Based Test, Saliva Based Test and other tests. The end users are Hospitals, clinics, diagnostic centers, fertility centers, home care, and others.
Browse complete report at https://www.marketresearchfuture.com/reports/ovulation-test-market .
Regional Analysis of Ovulation Test Market:
Globally, Ovulation Test market consists of four regions Americas, Europe, Asia-Pacific and Middle East and Africa. North America is the largest market. The North American market for Ovulation Test is expected to grow at a CAGR 2.20% which is expected to reach at US$ 900 million from US$ 550 million in 2016 by the end of the forecasted period. Awareness regarding planned pregnancy favor the growth of this market. Europe is the second-largest market for Ovulation Test which is expected to grow at a CAGR of 1.24%. Whereas Asia Pacific is expected to be the fastest growing market for Ovulation Test market. India is expected to be the emerging and fastest growing market. India is expected to be the largest market due to increase population of the country. The market shows steady growth in Middle East and Africa.
1 Report Prologue
2 Market Introduction
2.1 Introduction
2.2 Scope of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 Market Dynamics
4.1 Drivers
4.1.1 Advanced and easy to test kits available in the market
4.1.2 Increase awareness about fertility testing
4.2 Restraints
4.2.1 Lack of predictive power of test kits
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