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.
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.
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.
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.
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.
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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