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Fertility Testing Devices Market to Record 5.2% Y-O-Y Growth Rate in 2022, Evolving Opportunities with Abbott Laboratories & AdvaCare Pharma - Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jul 26, 2022, 17:50 ET

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NEW YORK, July 26, 2022 /PRNewswire/ -- The fertility testing devices market size is set to grow by USD 153.91 million from 2021 to 2026, progressing at a CAGR of 5.73% as per the latest market report by Technavio. The fertility testing devices market is fragmented and the vendors are deploying growth strategies such as introducing innovative products to compete in the market. Abbott Laboratories, AdvaCare Pharma, Alfa Scientific Designs Inc, Ava AG, Babystart Ltd., bioZhena Corp., Church and Dwight Co. Inc., Geratherm Medical AG, Get Stix Inc., Medical Electronic Systems LLC, Piramal Enterprises Ltd., PREGMATE, Prestige Consumer Healthcare Inc., Quanovate Tech Inc., Quidel Corp., Samplytics Technologies Pvt Ltd., Tempdrop Ltd., The Procter and Gamble Co., UEBE Medical GmbH, and Valley Electronics AG are some of the major market participants.

Technavio has announced its latest market research report titled Fertility Testing Devices Market by Product and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Fertility Testing Devices Market by Product and Geography - Forecast and Analysis 2022-2026

To know about the vendor offerings - Request a sample now!

Fertility Testing Devices Market 2022-2026: Scope

 Our fertility testing devices market report covers the following areas:

  • Fertility Testing Devices Market size
  • Fertility Testing Devices Market trends
  • Fertility Testing Devices Market industry analysis

Fertility Testing Devices Market 2022-2026: Market Dynamics

Major Driver

  • The key factor driving growth in the fertility testing devices market is the rising median age of first-time pregnancies in women.
  • In Mexico, the mean age of women at first childbirth was 20-24 years. In Ireland, Italy, South Korea, Spain, and Switzerland, the average age of women at first childbirth was 30-34 years. In Hungary, Latvia, Lithuania, Poland, the Slovak Republic, Turkey, and the US, the average age of women at first childbirth was 25-29 years. Delayed childbearing due to the high prevalence of polycystic ovary syndrome (PCOS), ruptured uterus, amniotic fluid embolism, and delayed parenting are some of the reasons for late pregnancies. Delaying parenthood can cause broad implications on maternal and child health as well as a decline in fertility rates. Thus, the rising median age of first-time pregnancies in women is expected to drive the growth of the global fertility testing devices market.

Major Challenges

  • The stringent regulatory bodies will be a major challenge for the fertility testing devices market during the forecast period. 
  • Factors such as faulty device designs, malfunction of the devices, and precision and accuracy error rates are some of the issues associated with fertility testing devices, causing misdiagnosis and improper patient management and treatment. Hence, stringent government regulations are imposed on the manufacturing of fertility testing devices. Different regulatory bodies are appointed to guide fertility testing device manufacturers and marketers. Regulatory bodies such as the US Food and Drug Administration (FDA) and the European Union (EU) authorities play a major role in approving these devices and their components. The regulatory requirement in each country with different formalities can strain a company's financial status, especially when it comes to medical devices. Meeting stringent government guidelines can slow down the launch of products in the market, thereby limiting the sales revenue of vendors.

To know about other drivers & challenges - Grab a sample now!

Fertility Testing Devices Market 2022-2026: Segmentation Analysis

  • Product
    • Ovulation Predictor Kits
    • Fertility Monitors
    • Male Fertility Testing Devices
  • Geography
    • North America
    • Europe
    • Asia
    • Rest Of World (ROW)

To know about the market contribution of each segment - Request a sample now!

Get ready to achieve excellent business outcomes from this exclusive Fertility Testing Devices Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Fertility Testing Devices Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our Fertility Testing Devices Market Forecast Report - Buy Now!

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  • The IVF devices and consumables market share is expected to increase to USD 1.58 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.7%.
  • The POC hematology diagnostics market share is expected to reach an estimated USD 1.46 billion by 2026 at an accelerating CAGR of 9.06%.

Fertility Testing Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.73%

Market growth 2022-2026

USD 153.91 million

Market structure

Fragmented

YoY growth (%)

5.2

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Abbott Laboratories, AdvaCare Pharma, Alfa Scientific Designs Inc, Ava AG, Babystart Ltd., bioZhena Corp., Church and Dwight Co. Inc., Geratherm Medical AG, Get Stix Inc., Medical Electronic Systems LLC, Piramal Enterprises Ltd., PREGMATE, Prestige Consumer Healthcare Inc., Quanovate Tech Inc., Quidel Corp., Samplytics Technologies Pvt Ltd., Tempdrop Ltd., The Procter and Gamble Co., UEBE Medical GmbH, and Valley Electronics AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart of Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart of Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Ovulation predictor kits - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Ovulation predictor kits - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Ovulation predictor kits - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Ovulation predictor kits - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Ovulation predictor kits - Year-over-year growth 2021-2026 (%)
  • 5.4 Fertility monitors - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Fertility monitors - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Fertility monitors - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Fertility monitors - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Fertility monitors - Year-over-year growth 2021-2026 (%)
  • 5.5 Male fertility testing devices - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Male fertility testing devices - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Male fertility testing devices - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Male fertility testing devices - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Male fertility testing devices - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Product
    • Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 Asia - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
  • 7.7 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.8 Germany - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.9 UK - Market size and forecast 2021-2026
    • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.10 Canada - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.11 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Abbott Laboratories
    • Exhibit 89: Abbott Laboratories - Overview
    • Exhibit 90: Abbott Laboratories - Business segments
    • Exhibit 91: Abbott Laboratories - Key news
    • Exhibit 92: Abbott Laboratories - Key offerings
    • Exhibit 93: Abbott Laboratories - Segment focus
  • 10.4 Alfa Scientific Designs Inc
    • Exhibit 94: Alfa Scientific Designs Inc - Overview
    • Exhibit 95: Alfa Scientific Designs Inc - Product / Service
    • Exhibit 96: Alfa Scientific Designs Inc - Key offerings
  • 10.5 Ava AG
    • Exhibit 97: Ava AG - Overview
    • Exhibit 98: Ava AG - Key offerings
  • 10.6 Church and Dwight Co. Inc.
    • Exhibit 99: Church and Dwight Co. Inc. - Overview
    • Exhibit 100: Church and Dwight Co. Inc. - Business segments
    • Exhibit 101: Church and Dwight Co. Inc. - Key news
    • Exhibit 102: Church and Dwight Co. Inc. - Key offerings
    • Exhibit 103: Church and Dwight Co. Inc. - Segment focus
  • 10.7 Geratherm Medical AG
    • Exhibit 104: Geratherm Medical AG - Overview
    • Exhibit 105: Geratherm Medical AG - Business segments
    • Exhibit 106: Geratherm Medical AG - Key offerings
    • Exhibit 107: Geratherm Medical AG - Segment focus
  • 10.8 Quanovate Tech Inc.
    • Exhibit 108: Quanovate Tech Inc. - Overview
    • Exhibit 109: Quanovate Tech Inc. - Key offerings
  • 10.9 Quidel Corp.
    • Exhibit 110: Quidel Corp. - Overview
    • Exhibit 111: Quidel Corp. - Product / Service
    • Exhibit 112: Quidel Corp. - Key offerings
  • 10.10 The Procter and Gamble Co.
    • Exhibit 113: The Procter and Gamble Co. - Overview
    • Exhibit 114: The Procter and Gamble Co. - Product / Service
    • Exhibit 115: The Procter and Gamble Co. - Key news
    • Exhibit 116: The Procter and Gamble Co. - Key offerings
  • 10.11 UEBE Medical GmbH
    • Exhibit 117: UEBE Medical GmbH - Overview
    • Exhibit 118: UEBE Medical GmbH - Product / Service
    • Exhibit 119: UEBE Medical GmbH - Key offerings
  • 10.12 Valley Electronics AG
    • Exhibit 120: Valley Electronics AG - Overview
    • Exhibit 121: Valley Electronics AG - Product / Service
    • Exhibit 122: Valley Electronics AG - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 123: Inclusions checklist
    • Exhibit 124: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 125: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 126: Research methodology
    • Exhibit 127: Validation techniques employed for market sizing
    • Exhibit 128: Information sources
  • 11.5 List of abbreviations
    • Exhibit 129: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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