Major Factor
For The Growth of Fertility Testing Devices Market :
The
emergence of advanced and easy-to-use ovulation monitors with high accuracy,
rising median age of first-time pregnancies in women, and increasing awareness
about fertility testing are driving the growth of the market. In addition,
factors such as declining fertility rate among women across the globe and easy
availability of ovulation monitors on e-commerce websites are further
stimulating the growth of the market.
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The global Fertility Testing Devices market is poised to grow at a CAGR of 7.5% during the forecast period and expected to reach a value of USD 216.8 Million by 2020.
Market
Geography
Fertility Testing
Devices market is
divided into North America (comprising the U.S. and Canada), Europe (comprising
Germany, U.K., France, and the Rest of Europe), Asia-Pacific, and the Rest of
the World.
Key
Players
Fertility Testing Devices market include SPD Swiss Precision Diagnostics
GmbH (Switzerland), Church & Dwight Co., Inc. (U.S.), Prestige Brands
Holdings, Inc. (U.S.), Fairhaven Health, LLC (U.S.), HiLin Life Products, Inc.
(U.S.), Fertility Focus Limited (U.K.), and Geratherm Medical AG (Germany).
About Report
The global Fertility
Testing Devices market is broadly
categorized into two segments, namely, ovulation prediction kits and fertility
monitors. The ovulation prediction kits segment accounts for the larger share
of the global market, while the fertility monitors segment is expected to grow
at the higher CAGR in the forecast period.
The high growth of this segment is
driven by the high accuracy of fertility monitors, especially in women
suffering from PCOS, and increase in the number of product launches of advanced
fertility monitors. The fertility monitors segment includes saliva-based
monitors, urine-based monitors, and others.
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