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Fertility Testing Devices Market (Product - Ovulation Predictor Kits, Fertility Monitoring Devices, and Male Fertility Testing Products; End User - Specialty Clinics, Hospitals, and Homecare Settings): Global Industry Analysis, Trends, Market Size and Forecasts to 2024

Fertility Testing Devices Market (Product - Ovulation Predictor Kits, Fertility Monitoring Devices, and Male Fertility Testing Products; End User - Specialty Clinics, Hospitals, and Homecare Settings): Global Industry Analysis, Trends, Market Size and Forecasts to 2024

Report Code: HC0346 Category: Healthcare & Medical Devices Published: August, 2018

A recent report published by Infinium Global Research on fertility testing devices market provides an in-depth analysis of segments and sub-segments in global as well as regional fertility testing devices market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional fertility testing devices market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fertility testing devices market. According to the report the global fertility testing devices market is projected to grow at a CAGR of 7.50% over the forecast period of 2018-2024.


Fertility Testing Devices Market

 

Market Insights:

Infertility is a condition when a couples are not able to conceive after having regular unprotected intercourse. The fertility test is done by couples to detect the root causes responsible for their infertility. The fertility problems faced by both men and women are at equal rates, but women are considered to be more worried about fertility testing. The treatment procedure starts with a gynecologist or general physician after a diagnosis of an exact issue with the help of fertility test results.

 

The growing awareness about fertility testing devices is driving the patient acceptance rate for such devices instead of choosing for laboratory-based tests. Nowadays, fertility testing is done at home and it saves time that helps to maintain privacy and is comfortable for females. This report defines fertility test device as the product type such as ovulation predictor kits, fertility monitoring devices and male fertility testing products. The ovulation predictor kits are further classified as urine-kits, saliva-based kits, and others. The kits and device are used by specialty clinics, hospitals, and home care settings.

 

The changing lifestyle and the increasing stress levels result in the problem of conceiving thus the fertility rate has decreased worldwide. The fertility test device is easy to use and helps to get accurate results. The gynecologist or general physician suggest men and women for the fertility test to diagnose the infertility problem, which in turn, facilitates the growth of the fertility testing devices market. Furthermore, raising awareness about fertility testing and technology advancement is also another factor that is driving the growth of this market. On the other hand, the high cost of fertility and ovulating monitors, and low awareness of modern fertility testing devices are likely to hamper the growth of the fertility test device market. Furthermore, sperm quality is monitored by keeping a record of heart rate, air quality & environmental function, body temperature, and technological advances such as track system are the trends that will bring more opportunities to fertility test device market.

 

Among the regions, North America is expected to be the largest market for the fertility test device. Increase in marriage age and high awareness about the benefit of fertility test such as easy to use and fast result features to drive growth in this region. In addition, technology advancement and increasing occurrence of polycystic ovarian syndrome (PCOS) cases are likely to boost the growth in this region. The growth in the Asia-Pacific region is due to a decline in fertility due to change in lifestyle and growing funding in the fertility testing devices market.

 

Segment Covered

The report on global fertility testing devices market covers segments such as product and end user. On the basis of product the global fertility testing devices market is categorized into ovulation predictor kits, fertility monitoring devices and male fertility testing products. The ovulation predictor kits are further classified as urine-based kits, saliva-based kits, and others. On the basis of the end, user the global fertility testing devices market is categorized into specialty clinics, hospitals, and home care settings.

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain and the rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2016-2024.

 

Companies Profiled:

The report provides profiles of the companies in the global fertility testing devices market such as Fairhaven Health LLC, Geratherm Medical AG, Hilin Life Products, Prestige Brands Holdings, Inc., SPD Swiss Precision Diagnostics GmbH, Church & Dwight Co., Inc., AccuQuik, Quidel Corporation, Alere Inc. and Others.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global fertility testing devices market. Moreover, IGR-Growth matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of fertility testing devices market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the fertility testing devices market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the fertility testing devices market to understand the present and future trends in this market and formulate their strategies accordingly.


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