North America Fertility Testing Devices Market, By Mode of Purchase (Over the Counter, Prescription Based), Application (Female Fertility Testing Device, Male Fertility Testing Device), Product (Ovulation Prediction Kit, Fertility Monitor), End-User (Home Care Settings, Hospitals, Fertility Clinics, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to 2029.
Market Analysis and Insights North America Fertility Testing Devices Market
Data Bridge Market Research analyses that the North America fertility testing devices market to be grow at a CAGR of 6.75% in the forecast period of 2022-2029.
Fertility refers to a person's ability to produce children, whereas infertility refers to the inability to do so. Fertility testing devices are gadgets that are used to check a person's fertility, whether male or female. Fertility is influenced by a variety of factors, including nutrition, hormone balance, gender, and sexual activity. Fertility testing devices come in a variety of forms, including testing kits and ovulation prediction kits, among others.
The market for fertility testing equipment is being driven by an increase in the first-time pregnancy age. The increase in decline in fertility rates globally will act as a major factor influencing the growth of fertility testing devices market. Furthermore, growing awareness towards fertility testing and technological advancement in the medical devices are the driving factors accelerating the growth of the fertility testing devices market. Also, the rise in the development of advanced, easy-to-use fertility monitors with high accuracy and increasing expenditure on healthcare infrastructure are the major market drivers that will further escalate the growth of fertility testing devices market. Another significant factor that will cushion the fertility testing devices market’s growth rate is the increase in easy accessibility of ovulation monitors on e-commerce websites. In addition to this, other factors involving increase in the acceptance of basal body temperature-based ovulation monitor, changing lifestyle and rising disposable income will expand the fertility testing devices market.
Moreover, the advent of combination kits for dual pregnancy and ovulation testing will further provide beneficial opportunities for the fertility testing devices market growth. Additionally, the rise of emerging nations to give new growth avenues, and the high expense and limited accuracy of IVF treatment will act as market driver and create new opportunities for fertility testing devices market during the forecast period mentioned above.
However, high costs associated with fertility testing monitors will impede the fertility testing devices market’s growth rate. The dearth of skilled professionals in healthcare sector will challenge the fertility testing devices market. Additionally, the absence of predictive capacity or precision to confirm ovulation, as well as the unverified precision of urine-based ovulation monitors in PCOS/PCOD patients will act a restrain and further hinder the growth rate of market.
This North America fertility testing devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on North America fertility testing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Fertility Testing Devices Market Scope and Market Size
The fertility testing devices market is segmented on the basis of basis of mode of purchase, application, product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of mode of purchase, the fertility testing devices market is segmented into over the counter and prescription based.
- Based on application, the fertility testing devices market is segmented into female fertility testing device and male fertility testing device.
- Based on product, the fertility testing devices market is segmented into ovulation prediction kit and fertility monitor. Fertility monitor has been further sub-segmented into urine-based, saliva-based and basal body temperature.
- The fertility testing devices market is also segmented on the basis of end-user into home care settings, hospitals, fertility clinics and others.
North America Fertility Testing Devices Market Country Level Analysis
The North America fertility testing devices market is analysed and market size insights and trends are provided by country, basis of mode of purchase, application, product and end-user as referenced above.
The countries covered in the North America fertility testing devices market report are U.S., Mexico, and Canada.
The country section of the North America fertility testing devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The North America fertility testing devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America fertility testing devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America fertility testing devices market. The data is available for historic period 2010 to 2020.
Competitive Landscape and North America Fertility Testing Devices Market Share Analysis
The North America fertility testing devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America fertility testing devices market.
Some of the major players operating in the North America fertility testing devices market are Fertility Focus Limited, Babystart, Geratherm Medical AG, Church & Dwight Co., Inc., Valley Electronics AG, UEBE Medical GmbH, and SPD, among others.