Fertility Test Market Growing at a CAGR of 7.2% From 2018-27
The global Fertility Test Market is expected to reach USD 772.9 million by 2027 from USD 411.8 million in 2018, at a CAGR of 7.2%
The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting Fertility Test Market, along with revenue estimates & forecasts and market share analysis.
Growth in the market can be attributed to factors, such as increasing first-time pregnancy age, launch of advanced, easy-to-use fertility monitors with high accuracy, and increasing awareness about fertility testing.
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Fertility Test Market segmentation:
- Based on Products
- Based on Mode of Purchase
- Based on Applications
- Based on End Users
- Based on Regions.
The Major Players Opearting in the Fertility Test Market:
As of 2017, SPD Swiss Precision Diagnostics (Switzerland), Church & Dwight (US), and Prestige Brands Holdings (US) held the leading position in the global Fertility Test Market. These companies adopted product launches, enhancements, and acquisitions as their key growth strategies in the past three years. include Valley Electronics (Germany), Geratherm Medical (Germany), Hilin Life Products (US), Fairhaven Health (US), Fertility Focus (UK), bioZhena (US), TaiDoc Technology (Taiwan), UEBE Medical (Germany), AdvaCare Pharma (US), Ava (Switzerland), Babystart (UK), and Sensiia (UK) are some of the other major players operating in this market.
Swiss Precision Diagnostics (Switzerland) held the leading position in the global Fertility Test Market in 2017. The company is one of the leading manufacturers and suppliers of fertility/ovulation tests for women. Clearblue is the flagship product of the company and has a very strong brand presence in countries such as the US, the UK, and Europe. Along with this, the company’s wide distribution network and innovative marketing strategies are the key factors contributing to its dominant share in the market.
Growth in the Fertility Test Market can be attributed to factors such as the increasing first-time pregnancy age in women, declining fertility rate among men and women, growing number of women suffering from disorders such as PCOS, emergence of advanced ovulation monitors, and increased awareness of fertility testing in both developed as well as developing countries.
Geographical Detailed Analysis for Fertility Test Market:
The report covers the Fertility Test Market across four key geographies, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW).
North America is expected to dominate the global market in 2018. The decline in fertility rate, rising first-time pregnancy age, and high prevalence of PCOS (polycystic ovary syndrome) among North American women are few of the major factors contributing the large share of this regional segment
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