The global fertility testing market size was USD 539.49 Million in 2022 and is expected to reach USD 991.83 Million in 2032, and register a rapid revenue CAGR of 7% during the forecast period. Increasing prevalence of infertility, shifting lifestyles, delayed pregnancies , and rising awareness about fertility testing among women and acceptance of fertility testing among males are major factors driving market revenue growth. Process of fertility testing involves the discussion of medical history, blood test, and minimally invasive procedures. This testing involves mainly ovulation test by detection of hormones such as luteinizing hormone or progesterone hormone in blood, urine, or saliva.
In addition, increasing prevalence of infertility among couples worldwide is another factor driving revenue growth of the market. Infertility is becoming a significant problem, especially among older population, due to impact of several variables such as changing lifestyles, increasing stress levels, and environmental conditions. Demand for fertility testing is rising by delayed pregnancies brought on by socioeconomic reasons including women's increased aspirations for education and careers and higher incomes.
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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- Abbott Laboratories
- Clearblue (Swiss Precision Diagnostics GmbH)
- Fertility Focus Inc.
- Femometer Medical Technology Co. Ltd.
- Medgyn Products Inc.
- Merck KGaA
- Prestige Consumer Healthcare, Inc.
- Procter & Gamble Co.
- Quidel Corporation
- Roche Holding AG
Segments Covered in the Report:
By Product Type Outlook
- Ovulation Prediction Kits
- Fertility Monitors
- Male Fertility Testing Products
- Others
By Distribution Channel Outlook
- Online
- Offline
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Fertility Testing industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Fertility Testing manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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