psalexa

Global Female Fertility and Pregnancy Rapid Test Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Type of Test (LH, FSH and HCG) and by Products (Strips/Dipsticks, Cards/Cassettes and Midstreams)

  • Published: April 2016
  • Report Code: LS10480
  • Available Format: PDF
  • Pages: 121

Female Fertility and Pregnancy Rapid Test Market Overview

The global female fertility and pregnancy rapid test market is expected to generate $489.3 million by 2022, advancing at a CAGR of 4.5% during the forecast period (2016–2022). The factors such as rising female aging population, surging number of infertility cases, and rising prevalence of uterine malformations are expected to drive the growth of the market. In addition, rising demand for home-use diagnostic devices is also expected to fuel the market growth in the coming years.

Based on product, the female fertility and pregnancy rapid test market is categorized into strips/dipsticks, cards/cassettes, and midstreams. Among these, the strips/dipsticks category is expected to lead the market in the coming years, with an expected contribution of 50.2% share by 2022. Whereas, the market for midstream products is expected to witness the fastest growth during the forecast period.

Female Fertility and Pregnancy Rapid Test Market

The female fertility and pregnancy rapid test market is categorized into follicle stimulating hormone (FSH), luteinizing hormone (LH), and human chorionic gonadotropin (HCG), based on the type of test. Among these, the LH category is projected to lead the market throughout the analysis period. The category is also expected to hold 42.0% share by 2022 in the market.

Globally, North America will lead the female fertility and pregnancy rapid test market throughout the analysis period. Increasing aging female population is an important factor driving the growth of the market in the region, as the aged females are more prone to disorders, such as polycystic ovary syndrome (PCOS) and fibroids, which lead to high demand for hormone testing products. The female population is the region is increasingly experiencing hormonal imbalances, such as irregular and heavy bleeding, indescribable miscarriages, and abnormalities of uterus, which in turn, will generate high demand for fertility and pregnancy rapid testing products in the coming years.

Female Fertility and Pregnancy Rapid Test Market Dynamics

Drivers

The increasing adoption of home-based diagnostic testing products is driving the growth of the female fertility and pregnancy rapid test market, as these products are easy-to-use and save patients from opting for laboratory tests. Besides, these products are also cost-effective and can be easily used by the patients at-home. Thus, rise in the demand for at-home diagnostic devices is an important factor that will immensely drive the market in the coming years.

Further, rising healthcare expenditure is fueling the growth of the female fertility and pregnancy rapid test market, across the globe, as large amount of money is being spent on healthcare by various countries that provides improved accessibility of advanced medical treatments to patients. Further, increasing prevalence of various diseases and subsequently the introduction of diagnostic products with advanced features are expected to boost the demand for fertility and pregnancy rapid test kits.

Restraints

High cost and availability of alternative diagnostic methods are likely to hamper the growth of the female fertility and pregnancy rapid test market. For instance, midstream products available in the market are costly, compared to strips/dipsticks and cassettes/cards. Hence, patients mainly opt for the latter, which may lead to reduce the adoption of the midstream products.

Besides, preference for several tests, such as blood test and laboratory-based tests, is also impeding the female fertility and pregnancy rapid test market growth, as these tests are performed by skilled professionals and provide accurate results, and therefore, are highly preferred by patients. On the other hand, strips/dipsticks and cassettes/cards do not provide accurate results at all times. Also, limited awareness about these products, especially in the developing economies will also hamper the growth of the market.

Female Fertility and Pregnancy Rapid Test Market Competitive Landscape

Key players operating in the global female fertility and pregnancy rapid test market include Atlas Medical, Alere Inc., BioMerieux SA, Diagnostic Automation/Cortez Diagnostics Inc., Church & Dwight Co. Inc., SA Scientific, Gemc Technology Group Co. Ltd., and Nantong Egens Biotechnology Co. Ltd.

Key Questions Answered in the Report

  • What is the current scenario of the global female fertility and pregnancy rapid test market?
  • What are the emerging technologies for the development of female fertility and pregnancy rapid test products?
  • What are the key market segments and their market size and future potential?
  • What are the major catalysts for the market and their impact during the short, medium, and long terms?
  • What are the evolving opportunities for the players in the market?
  • What are the key regions from the investment perspective?
  • What are the key strategies adopted by the major players to expand their market shares?
Place An Order
USD 4900 USD 5900 USD 7500
Customized Report Solution

Get a bespoke market intelligence solution

 
We are committed to ensuring the highest level of client satisfaction
Quality Acknowledgement
Quality Acknowledgement

Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you

Unmatched Standards
Unmatched Standards

Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights

Reach Us
Reach Us Whenever You Need Us

With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required

Data Security
Complete Data Security

We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws