CHICAGO, Aug. 21, 2023 (Globe Newswire) — In the near future, the fertility testing industry will undergo transformational advancements driven by rapid technological innovation and growing awareness of reproductive health. Personalized and accessible fertility testing solutions standard, leveraging AI-powered algorithms and portable devices to accurately and conveniently monitor hormone levels, ovulation patterns and overall fertility status at home will be Integration with smartphone apps and wearable devices will enable individuals to seamlessly track and interpret their reproductive health data. In addition, breakthrough advances in biomarker discovery and non-invasive testing methods will enable more comprehensive and reliable assessment of fertility in diverse individuals and couples. As the debate around reproductive wellness grows, the industry is seeing a coalition of medical experts, technology innovators, and consumer advocacy groups to make fertility testing not only a positive health option, but an inclusive one for all. This will ensure that it is a proactive and supportive effort.
Infertility test market According to the latest report published by MarketsandMarkets™, sales are estimated to be worth $472 million in 2020 and are expected to reach $680 million by 2025, an increase of 7.5 from 2020 to 2025. Grow at a CAGR of %. The growth of this market is mainly driven by the increasing age of women giving birth for the first time, declining fertility rates for both sexes, increasing number of women suffering from diseases such as PCOS, emergence of advanced ovulation monitors, and growing awareness of fertility testing. both in developed and developing countries.
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infertility test market range:
|2020 market revenue
|Estimates by 2025
|Expected to grow at a CAGR of 7.5%
|Available market size
|Value (USD million)
|Earnings forecast, competitive landscape, growth factors, trends
|Products, Applications, Purchasing Methods, End Users and Regions
|Europe, North America, Asia Pacific, Latin America, Middle East and Africa
|Updated player financial information/product portfolio
|Key market opportunity
|Emerging countries open up new growth avenues
|Key market drivers
|raising the age at first birth
Leading players of Fertility Testing market covered in the report are:
- Swiss Precision Diagnostics (Switzerland)
- Church & Dwight (USA)
- Prestige Brands Holdings (USA)
- Biozena (US)
- Fairhaven Health (US)
- Fertility Focus (UK)
- Gelaterm Medical (Germany)
- Hirin Life Products (U.S.A.)
- UEBE Medical (Germany)
- Advacare Pharma (US)
- AVA (Switzerland)
- Baby Start (UK)
- Valley Electronics (Germany)
- Sensia (United Kingdom)
- Miracare (USA)
- and above all
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This report segments the Fertility Testing market on the basis of application, product, purchasing method, end-user, and region.
Global Fertility Testing Market, By Application
- female fertility products
- male reproductive products
Global Fertility Testing Market, By Purchase Method
- Direct/prescription based products
- OTC-based product
- online products
Global Fertility Testing Market, By Product
- ovulation prediction kit
- fertility monitor
- male fertility testing products
Global Fertility Testing Market, By End User
- home care settings
- Hospitals and Fertility Clinics
- Other end users
Global Fertility Testing Market, By Region
- North America
- Rest of Europe (RoE)
- Asia Pacific
- South Korea
- latin america
- Middle East and Africa
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Major Players in Fertility Testing Market are:
- Healthcare providers and clinics: Fertility testing is often done at healthcare providers, fertility clinics, and reproductive health centers. These facilities offer a variety of tests and treatments related to fertility issues.
- Pharmaceutical companies: Pharmaceutical companies develop and manufacture fertility test kits, hormones, and other products related to fertility assessment and treatment.
- Diagnostic test manufacturers: Companies that specialize in medical diagnostics produce and distribute fertility test kits and devices, including ovulation prediction kits and sperm count kits.
- Medical Professionals: Physicians, gynecologists, reproductive endocrinologists, and fertility specialists are key players in the fertility testing market. They recommend and administer fertility tests, interpret results, and provide guidance to individuals or couples seeking help with fertility issues.
- Researchers and Scientists: Researchers and scientists contribute to the development of new fertility testing techniques, methods and treatments. Their research will improve the accuracy and effectiveness of fertility testing.
- Regulators: Government agencies responsible for regulating medical devices and drugs ensure that fertility tests and related products meet standards for safety and efficacy.
- Health insurance companies: Some fertility tests and treatments may be covered by health insurance, depending on the policies and regulations in force. Health insurance companies influence the availability and affordability of fertility testing for individuals.
- Consumer Advocacy Groups: Nonprofits and advocacy groups focused on reproductive health and fertility awareness raise awareness about fertility testing options, advocate for reproductive rights, and help individuals address fertility issues. play a role in providing support for
- Patients: Individuals and couples seeking infertility testing and treatment are the primary stakeholders. They make informed decisions based on test results and medical advice to drive demand for fertility testing services and products.
- Technology Companies: Technology companies may develop fertility tracking apps and platforms that help individuals monitor fertility metrics, menstrual cycles, and ovulation patterns.
- Pharmacies and retailers: Pharmacies and retailers stock and sell fertility test kits and related products to consumers.
- Investors and Venture Capitalists: Investors and venture capitalists provide funding and support research and development efforts to companies working on innovative fertility testing technologies and solutions.
Please note that the fertility testing market situation may have evolved since my last update in September 2021. New stakeholders may emerge and the roles of existing stakeholders may be changing. For up-to-date information on key players in the fertility testing market, we encourage you to refer to more recent sources.
- In February 2021, Fertility Focus partnered with at-home sperm testing company ExSeed Health. Under this partnership, the two companies will work together to provide solutions for couples planning a pregnancy.
- In May 2019, Fertility Focus (UK) announced greater flexibility in viewing data (three different ways), more options for logging events than most apps, and more precision in monitoring cycles.
- In January 2017, NFI Consumer Healthcare (US), a division of Gregory Pharmaceutical Holdings (US), completed the acquisition of ept OTC Pregnancy.
Fertility Testing Market Frequently Asked Questions (FAQ):
Question 1: What is the expected five-year market value of leading fertility testing products?
answer: The fertility testing market is projected to reach US$680.1 million by 2025 from US$472.8 million in 2020, at a CAGR of 7.5% over the forecast period.
Question 2: Which product segment is expected to receive the most attention in the fertility testing market?
answer: Based on the product, the fertility testing market is segmented into ovulation prediction kits, fertility monitors, and male fertility testing products. The ovulation prediction kit segment accounted for the largest share of the fertility test market in 2020. A large share of this segment can be attributed to the increasing use of ovulation prediction kits, their easy availability and low cost over-the-counter, and their high accuracy. It outperforms natural fertility testing techniques such as calendaring and cervical mucus monitoring.
Question 3: What strategies are top market players adopting to penetrate across emerging regions?
answer: Key growth strategies adopted by top players in this market include product launches and approvals. Agreements and partnerships. Extended. and acquisition.
Question 4: What are the key factors expected to limit the growth of the fertility testing market?
answer: The high cost of fertility test monitors is the major factor expected to limit the growth of the fertility test market.
Question 5: Which region is expected to gain the most traction in the fertility testing market?
answer: Regionally, North America is expected to gain the most traction in the fertility testing market.
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Purpose of the report:
- To define, describe and forecast the Fertility Testing market based on product, application, purchase method and end-user
- To provide detailed information on key factors (drivers, constraints, opportunities, challenges, etc.) affecting market growth
- To strategically analyze micromarkets 1 in terms of their individual growth trends, prospects and contribution to the overall fertility testing market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for market leaders
- Estimate the size and growth potential of market segments and sub-segments for five major regions and major countries: North America, Europe, Asia Pacific, Latin America, Middle East and Africa
- To profile key players in the market and comprehensively analyze their global revenue share and core competencies
- To track and analyze competitive developments such as product launches and approvals, partnerships, agreements, collaborations and acquisitions in the market
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