Global Fertility Testing Devices Market Segmentation, By Product (Ovulation Prediction Kit, Fertility Monitor), Mode of Purchase (Over the Counter, Prescription Based), Application (Female Fertility Testing Device, Male Fertility Testing Device), End-User (Home Care Settings, Hospitals, Fertility Clinics, Others) – Industry Trends and Forecast to 2031.
Fertility Testing Devices Market Analysis
According to the study, approximately 60–80 million couples worldwide experience infertility each year. The rise in infertility cases worldwide, the adoption of fertility testing devices is increasing. The focus of manufacturers towards the innovations and development in the fertility testing devices, especially the cost-efficient and accurate ovulation monitors, will accelerate market growth over the forecasted period.
Fertility Testing Devices Market Size
Global fertility testing devices market size was valued at USD 587.14 million in 2023 and is projected to reach USD 1.11 million by 2031, with a CAGR of 8.3% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes
|
Fertility Testing Devices Key Market Insights
|
|
Segmentation
|
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa
|
|
Key Market Players
|
Swiss Precision Machining, LLC (Switzerland), Church & Dwight Co., Inc. (US), Prestige Consumer Healthcare Inc. (US), bioZhena Corporation (US), Fairhaven Health (US), FERTILITY FOCUS LIMITED (UK), Geratherm Medical AG (Germany), The Betty Mills Company, Inc. (US), UEBE Medical GmbH (Germany), AdvaCare Pharma (US), Babystart (UK), Valley Electronics AG (Germany), and Mira Care (US)
|
Fertility Testing Devices Market Definition
The fertility basically refers to a person's ability to produce children, while infertility refers to the inability to do so. Fertility testing devices are devices that are used to check a person's fertility, whether male or female. The fertility tests are an important part of evaluating and treating infertility. Fertility testing can help people figure out what's keeping them from getting pregnant. The fertility testing devices determine one's hormonal levels and generate hormone profiles. Fertility is generally influenced by a variety of factors such as the nutrition, hormonal balance, gender and even sexual behavior. These devices come in a variety of forms, including testing kits and ovulation prediction kits among others.
Fertility Testing Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing Infertility Issues
The surging prevalence of infertility issues in adults due to sedentary and unhealthy lifestyle, is the most significant factor driving the growth for this market. The delayed first time pregnancy in women and the growing number of women suffering from disorders such as PCOS are also expected to accelerate the market's overall growth.
Increasing Developments and Advancements
The growth determinants such as the growing awareness about family planning and the popularity of self-assessing fertility test kits are also projected to cushion the market's growth. Furthermore, manufacturers' focus on developing advanced testing kits that are smartphone-based and provide rapid results are also expected to fuel market growth. Moreover, the rise in the launch of advanced and easy-to-use fertility monitors with high accuracy are estimated to generate lucrative opportunities for the market. Growth in the easy accessibility of ovulation monitors on e-commerce websites and rise in the acceptance of basal body temperature-based ovulation monitors will further expand the fertility testing devices market's growth rate in the future.
Restraints/Challenges Global Fertility Testing Devices Market
- High Costs
On the other hand, the testing procedures included manual lab-based testing and computer assisted semen analysis system is very high, which is expected to obstruct market growth.
The factors such as the reluctance to undergo fertility testing in several developing countries along with the unproven accuracy of ovulation monitors in PCOS/PCOD patients are projected to challenge the fertility testing devices market in the forecast period of 2024-2031.
This fertility testing devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the fertility testing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post Covid-19 Impact on Fertility Testing Devices Market
COVID-19 had a moderate impact on the fertility testing devices market. The government's imposition of the lockdown and social distancing restrictions to curb the COVID-19 pandemic outbreak led to halt of various operations, stifling business growth, supply chain disruptions, suspensions of new developments, and even has affected the overall production and sales, limiting the industry's expansion. According to guidelines issued by human reproduction societies during the COVID-19 pandemic, infertility care units should implement mitigation practices and infection control protocols.
However, during the lockdown, the number of fertility test kits and devices has increased in tandem with the rise in the birth rate. Additionally, the market reported increasing online sales of the fertility tests. Also, with slow decline in COVID-19 cases, the restrictions are lesser, leading to continued operations.
Fertility Testing Devices Market Scope
The fertility testing devices market is segmented on the basis of product, mode of purchase, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Ovulation Prediction Kit
- Fertility Monitor
On the basis of product, the fertility testing devices market is segmented into ovulation prediction kit and fertility monitor. Ovulation prediction kit are estimated to register the highest growth across the segment within the forecasted period.
Mode of Purchase
- Over the Counter
- Prescription Based
On the basis of mode of purchase, the fertility testing devices market is segmented into over the counter and prescription based.
Application
- Female Fertility Testing Device
- Male Fertility Testing Device
On the basis of application, the fertility testing devices market is segmented into female fertility testing device and male fertility testing device.
End User
- Home Care Settings
- Hospitals
- Fertility Clinics
- Others
On the basis of end user, the fertility testing devices market is bifurcated into home care settings, hospitals, fertility clinics and others.
Fertility Testing Devices Market Regional Analysis
The fertility testing devices market is analyzed and market size insights and trends are provided by country, product, mode of purchase, application and end-user as referenced above.
The countries covered in the fertility testing devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fertility testing devices market because of the rise in the prevalence of adolescent pregnancy and the rise in the awareness of pregnancy testing methods and improving fertility rates within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the growing demand for self-contained and fast tests and the increasing age of first pregnancy within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The fertility testing devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for fertility testing devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the fertility testing devices market. The data is available for historic period 2010-2020.
Fertility Testing Devices Market Share
The fertility testing devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to fertility testing devices market.
Fertility Testing Devices Market Leaders Operating in the Market Are:
- Swiss Precision Machining, LLC (Switzerland)
- Church & Dwight Co., Inc. (US)
- Prestige Consumer Healthcare Inc. (US)
- bioZhena Corporation (US)
- Fairhaven Health (US)
- FERTILITY FOCUS LIMITED (UK)
- Geratherm Medical AG (Germany)
- The Betty Mills Company, Inc. (US)
- UEBE Medical GmbH (Germany)
- AdvaCare Pharma (US)
- Babystart (UK)
- Valley Electronics AG (Germany)
- Mira Care (US)
Latest Developments in Fertility Testing Devices Market
- In March 2020, Proov, a women's health company, has received FDA approval for its at-home ovulation testing kit. Users can order the kit and test strips, which can detect the presence of the progesterone metabolite PdG in urine, which is linked to the ovulation cycle in women. The test was created to assist women in determining whether or not they are ovulating on a regular basis. The app was created to show users their progesterone and LH levels to figure out when the best time to get pregnant was. It will also graph a user's hormone levels on a daily and monthly basis. The company stated that it will continue to expand its women's health product pipeline, hinting at a tool for perinatal women.
SKU-