The global fertility testing device market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The increasing attention of the major domestic and international players, and the new launches of the testing kits by the companies are driving the market growth during the forecast period, In addition, the rapid change in the lifestyle of women across the globe is the key factor that is fuelling the growth of the market. The rise in the consumption of alcohol and smoking is also the major factor that affects fertility in women.
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Furthermore, in January 2021, Yesmom, a Thailand-based Health startup, has announced the launch of the first home blood testing kits for female fertility in the region. This kit has been designed to support women updated for their reproductive health from the comfort of home. Yesmom kit can be purchased online, and this kit shows the level of the hormone by examining six hormones such as anti-mullerian hormone (AMH), follicle-stimulating hormone (FSH), thyroid-stimulating hormone (TSH), free thyroxine (ft4), prolactin (PRL), and testosterone (TT) that could affect the normal ovulation and fertility in women.
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Moreover, in December 2018, Concepta Diagnosis, a London-based company, had launched the myLotus fertility app and monitoring system, which assist the women trying to conceive test their hormone levels at home. The myLotus fertility app and new product use the luteinizing hormone (LH) levels through the higher level it indicates ovulation. This app and monitoring system had launched to assist the woman to predict the best chance to become pregnant. Thus, the company initiatives regarding the launches of the new fertility testing kits, and the irregular ovulation among the women leads to the increase in the demand of the kits, these factors together propel the growth of the market during the forecast period.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Type, By Regulatory Classification, By End-User
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Church & Dwight Co, Inc., Swiss Precision Diagnostics GmbH, Fairhaven Health, LLC, bioZhena Corporation, Geratherm Medical AG, Hilin Life Products, Inc., and others.
Global Fertility Testing Device Market Report Segment
By Type
- Female Fertility Testing
- Male Fertility Testing
By Regulatory Classification
- Over the Counter (OTC)
- Prescription (Rx)
By End-User
- Hospitals and Fertility Clinics
- Home Care Setting
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
