Global Sales of Fertility Test devices are reach a industry valuation USD 979.9 million by 2031
The global fertility test market was valued at USD 472 million in 2021 and it is anticipated to grow further up to USD 979.9 million by 2031, at a CAGR of 7.6% during the forecast period.
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A medical and physical assessment called a fertility test measures a person’s capacity to conceive naturally. Growing older is one of the factors that might impair fertility, therefore women and men who are 35 or older who are having trouble becoming pregnant even after six months of trying should think about fertility testing.
Blood tests, discussions of medical history, and minimally invasive procedures are all part of the fertility testing procedure. It mostly includes detecting hormones like luteinizing hormone or progesterone hormone in blood, urine, or saliva to determine whether ovulation has occurred. Semen analysis is part of the tests for males to ensure a proper sperm count.
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Market Trends and Drivers
The increasing first-time pregnancy age is propelling the growth of the market. Due to the drop in first pregnancies among teenage girls and the rise in pregnancies among women over 30, the average age of first pregnancies has dramatically increased globally during the past few decades. The average age at which women give birth is now 30 or older, according to the OECD; this development is primarily being noticed since women over the world are showing a higher preference for delaying first pregnancies. Listed below are some significant products launched in recent years:
- The average mean age of a first pregnancy in the OECD-25 nations climbed from 29 to 30 between 2015 and 2019 according to the OECD Family Database. The only OECD nation with a mean average age of 28 or less is Mexico.
- Only 11.8 births per 1,000 young women (under the age of 20) have their first child, which is in line with the rising mean age of first-time pregnancies (Source: OECD).
Major Players in the Global Fertility Test Market
The key players studied in the global fertility test market areSwiss Precision Diagnostics (Switzerland), Church & Dwight (US), Prestige Brands Holdings (US), bioZhena (US), Fairhaven Health (US), Fertility Focus (UK), Geratherm Medical (Germany), Hilin Life Products (US), UEBE Medical (Germany), AdvaCare Pharma (US), AVA (Switzerland), Babystart (UK), Valley Electronics (Germany)and Mira Care (US).
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Global Fertility Test Market Segmentation
By Product
Ovulation Prediction Kits
Fertility Monitors
Male Fertility Test Kits
By Mode of Purchase
OTC-based
Prescription Based
Online
By Application
Female Fertility Testing
Male Fertility Testing
By End User
Home Care Settings
Fertility Clinics
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