Fertility testing is a process that is useful for determining the fertility or infertility. Market Research Future (MRFR) has published a research report about the global Fertility Testing Market that predicts huge growth during the forecast period between 2017 and 2024. Low fertility among men and women opens doors for the Global Fertility Testing Market
The primary factors that are likely to aid the growth of the market are natural causes that cause lower fertility which can be due to various reasons like the unhealthy lifestyle of youth. Other factors include rising demand for fertility tests and fertility testing products due to low fertility, and curiosity of people to know about their problems.
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Fertility Testing Market Leading Companies:
The key players in the global fertility testing market include
• Alere Inc. (USA)
• Atlas Medical (USA)
• Biomerieux SA (France)
• Church & Dwight Co. Inc. (USA)
• GEMC Technology Group Co. Ltd. (China)
Fertility Testing Market Segmentation:
The global fertility testing market has been segmented based on
• end user
• lastly region
As per application-based segmentation, this fertility testing market has been segmented into
Based on the end user, the fertility testing market has been segmented into
• specialty clinics
Based on tests, the fertility testing market has been segmented into
• blood test
• cervical smear test
• sperm test
• urine test
• microscopic analysis
By types, the fertility testing market has been segmented into ovulation kits and fertility monitors. Ovulation kits have been further segmented into saliva-based kids and urine-based kits.
The regional segmentation of the global fertility testing market has been segmented into continent-based regional markets namely
• The Americas (North America & Latin America)
• Asia Pacific
North America is one of the largest markets for fertility testing which makes The Americas segment, the largest regional fertility testing market share. This market is growing due to awareness about fertility testing, best medical facilities, demand for fertility testing, increasing use of ovulation kits and fertility monitors, and presence of various key market players in the region. In North America, the biggest markets are the United States of America (USA) and Canada, and Mexico. In Latin America, medical facilities are not as advanced as North America, but strongest economies in this region which someday are likely to emerge as lucrative markets are Argentina and Brazil.
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Europe is one of the growing markets. With the evolvement of anti-mullerian hormone (AMH) test, the value of the European market is increasing. Due to the reasons same as the Americas, Western Europe is a bigger market than Eastern Europe. In Western Europe, the maximum revenue comes from France, Germany, Italy, Spain, and the United Kingdom (UK), followed by the rest of Western Europe. In Eastern Europe, the biggest country-specific markets are Poland and Russia.
Asia Pacific region has been segmented into Asian countries and Pacific countries. This region has steady growth as medical facilities in some countries are advanced while in other countries, they are backward. Among Asian countries, the significant country-based markets are China, India, Japan, and South Korea, followed by the rest of Asia. Among Pacific countries, the primary markets are Australia, New Zealand and the Middle East & Africa (MEA). In the MEA region, the market is small and limited. Reasons for the limited market growth in this region are lack of awareness, lack of education, lack of technological development, political instability and healthcare not being considered a priority by the government.
Latest Industry News
Mira has launched first Food & Drug Administration (FDA)-approved, Artificial Intelligence (AI)-powered, at-home fertility monitoring device called Mira Fertility
Based in San Francisco, the Future Family has raised a $10 mn Series A to make that financial commitment easier to bear and to help women going through the fertility testing process.
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