Pregnancy and Fertility Testing Kits Market Growth Drivers, Trends, and Forecast by 2031

MARKET OVERVIEW

Pregnancy and fertility testing kits contain components that detect the presence of reproductive hormones such human chorionic gonadotropin (hCG), luteinizing hormone (LH), and follicle stimulating hormone (FSH) (FSH). These kits assist in determining the exact day of ovulation. Furthermore, these kits can be used to confirm the presence of menopause in women, as well as to identify sperm count in men. Technological advancements in fertility testing kits and growing demand for pregnancy and fertility testing kits are expected to support the market growth.

MARKET SCOPE

The "Global Pregnancy and Fertility Testing Kits Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pregnancy and fertility testing kits market with detailed market segmentation by type, product and distribution channel. The report provides key statistics on the market status of the leading pregnancy and fertility testing kits market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type the market is segmented as, LH urine test, FSH urine test, HCG blood test and HCG urine test.
  
•   Based on product the market is segmented as, pregnancy rapid test kits, fertility rapid test kits.
  
•   Based on distribution channel the market is segmented as, pharmacies, fertility clinics, supermarkets.
  

MARKET DYNAMICS

Drivers:

•   Increasing technological advancements in pregnancy and fertility testing kits is expected to support market growth during the forecast period.
  
•   Rising demand for pregnancy and fertility testing kits among urban population is expected to fuel the market growth during the forecast period.
  
•   Surge in gynecological and infertility disorders is expected to spur the market growth.
  

Restraints:

•   Whereas, low awareness about such products in developing nations is expected to hamper market growth during the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pregnancy and fertility testing kits market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pregnancy and fertility testing kits market in these regions.

IMPACT OF COVID-19 ON PREGNANCY AND FERTILITY TESTING KITS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the pregnancy and fertility testing kits market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pregnancy and fertility testing kits market are anticipated to lucrative growth opportunities in the future with the rising demand for pregnancy and fertility testing kits in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pregnancy and fertility testing kits market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Quidel Corporation
  
•   Abbott
  
•   Mankind Pharma
  
•   Church and Dwight Co., Inc
  
•   bioMrieux SA
  
•   Geratherm Medical AG
  
•   Piramal Enterprises Ltd
  
•   Procter and Gamble
  
•   Zydus Cadila
  
•   Swiss Precision Diagnostics GmbH
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Pregnancy and Fertility Testing Kits Report Scope