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The rising infertility rates, owing to the fast-paced and sedentary lifestyle, and increased drug indulgence, have contributed to the market growth in recent years. The rising emphasis on career often leads to delayed pregnancies and ends up contributing to the growing infertility rates. The rising incidence of diseases like PCOS, PCOD, endometriosis, varicocele, and azoospermia is a key factor aiding the fertility test market growth.
With increasing advancements in the medical ecosystem, fertility tests have evolved over the period. Everything from hormonal tests to imaging tests is available to the masses nowadays. Owing to the rising popularity of self-diagnostic tests and telemedicine, at-home fertility tests are the latest addition to the market. Rising initiatives by various leading companies and the government is also supporting the fertility test market demand.
To combat the rising burden of male infertility, researchers have been looking into new methods of diagnosis for effective treatments. In June 2023, scientists discovered two specific proteins, unique to viable sperm. These ASPX and AKAP4 proteins help in the analysis of whether surgery for non-obstructive azoospermia would be successful or not. This diagnostic test also aligns with the non-invasive approach and enables better decision-making in healthcare professionals.
Fertility Test Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of about USD 583.9 million in 2023, driven by the rising prevalence of infertility across the globe.
The market is anticipated to grow at a CAGR of 7.6% during the forecast period of 2024-2032, likely to reach a market value of USD 1124.2 million by 2032.
The market demand is driven by the increasing number of delayed pregnancies, along with the increasing incidence of conditions like PCOS, endometriosis, azoospermia, and varicocele.
The advent of at-home fertility test kits is a major market trend. 2San launched 4 female fertility tests in July 2023. The company is working on entering the male fertility test market with its new product called SwimCount.
Based on products, the market is divided into ovulation predictor kits and fertility monitors. Fertility monitors are further divided into urine, saliva, and blood.
Major end users include hospitals, home care, and fertility clinics.
It is used in both males and females.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Swiss Precision Diagnostics, Church & Dwight Co., Inc., Prestige Brands Holdings, bioZhena, Fairhaven Health, Fertility Focus, Geratherm Medical AG, Hilin Life Products, UEBE Medical, Churchill Pharmaceuticals, LLC., Procter & Gamble Co., Mankind Pharma Ltd., Babystart Ltd., Innevation Pty Ltd., and AdvaCare Pharma.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124