The Fertility Testing Devices market report is a professional in-depth study on the current state for the market. The data and the information regarding the Fertility Testing Devices industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. The report is generated based on the market type, size of the organization, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. This Fertility Testing Devices market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The Global Fertility Testing Devices Market is accounted for USD 162.3 million in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The Global Fertility Testing Devices Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fertility testing devices for global, Europe, North America, Asia Pacific and South America.
Global Fertility Testing Devices Market Product (Ovulation Prediction Kit & Fertility Monitor (Urine-Based, Saliva-Based, Basal Body Temperature)), Mode of Purchase (Over The Counter, Prescription Based.), End User, Geography- Industry Trends and Forecast to 2024
Major Market Competitors
Some of the major players operating in global fertility testing devices market are :-
- Church & Dwight Co., Inc.,
- SPD Swiss Precision Diagnostics GmbH,
- AccuQuik,
- Prestige Brands Holdings, Inc.,
- HiLin Life Products, Inc., and Fertility Focus Limited.
- Geratherm Medical AG,
- Babystart Ltd,
- Quidel Corporation,
- UEBE Medical GmbH,
- Biozhena Corporation,
- Among others.
Key Benefits
• The study provides an in-depth analysis of the Fertility Testing Devices market size along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the predominant Fertility Testing Devices market opportunities.
• A comprehensive analysis of all the geographical regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Fertility Testing Devices market.
Table of Contents:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product/Service Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
How does this market Insights help?
Fertility Testing Devices Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR from 2017 to 2024
Key parameters which are driving this market and restraining its growth
What all challenges manufacturers will face as well as new opportunities and threats faced by them.
Learn about the market strategies that are being adopted by your competitors and leading organizations
To gain insightful analyses of the market and have a comprehensive understanding of the “Fertility Testing Devices” and its commercial landscape
Drivers: Global Fertility Testing Devices Market
The major factors driving the growth of this market are the rising median age of first-time pregnancies in women, decreasing fertility rate in women. Rising awareness about fertility testing among woman, easy accessibility of ovulation monitors on e-commerce websites are some of the other factors which boost the market growth.
RISING MEDIAN AGE OF FIRST-TIME PREGNANCIES IN WOMEN
For the 30 years prior, women had been mostly likely to have their first time pregnancy in their late 20s. However, in 2016, the birth rate for women ages 30 to 34 was 103 per 1,000, compared to the rate of 102 for women between the ages of 25 to 29. On average, women still get pregnant for the first time in their late twenties — at age 28, to be exact. According to the study, it has also found that while teen birth rates are down, as is the overall birth rate, infant mortality rates have stayed about the same.
As per a study, the ages of first-time mothers from 141 countries range from 18 to 31.2 years, with the oldest ages being more common in Greece, Australia and South Korea. As per CDC, women of Asian and Pacific Islander descent continue to have the highest average age at first birth. As the age for first time pregnancies in women is increasing, the risk related to fertility is also rising. So, patients prefer fertility testing, when they get pregnant. Thus, the market for fertility testing devices is also increasing.
DECREASING FERTILITY RATE IN WOMEN
Total fertility rates can be defined by the average number of children born to a woman who survives her reproductive years (aged 15-49). This fertility has dropped globally by about half since 1960. According to Eurostat, globally the total fertility rate has decreased from 4.45 in 1970 to around 2.50 in 2014.
As the fertility rate is getting dropped worldwide, people get more aware of their health and visiting hospitals and clinics to get fertility testing done. Thus the decrease in fertility rate is also driving the growth of the market.
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