The anticipated size of the ovulation microscope market in 2022 was USD 48.9 million and is estimated to be USD 54.9 million in 2023. The rise in demand for ovulation microscopes might further see a significant boost during the projection period that shall result in such emerging technologies for home-based analysis for the identification of fertility.
Future Market Insights has mentioned in its reports that the ovulation microscope market is projected to expand at a CAGR of 11.2% between 2023 and 2033, totaling around USD 158.6 million by 2033.
The emergence of technologically advanced ovulation monitors and the declining fertility rate among men and women are projected to boost sales of ovulation microscopes in the upcoming decade further.
Emerging markets such as Mexico, Brazil, India, and China are likely to provide new growth opportunities to key players operating in the market. Moreover, the demand for ovulation and fertility testing kits in emerging economies is set to expand at a significant pace owing to increasing awareness about fertility among women.
A growing shift of consumers toward self-monitoring of health issues is expected to drive the need for OTC ovulation test kits worldwide. The high cost of IVF procedures is encouraging women to opt for relatively low-cost tests, which might also augment the demand for ovulation microscopes in the assessment period.
| Attributes | Details |
|---|---|
| Projected Forecast Value (2022) | USD 48.9 million |
| Projected Forecast Value (2023) | USD 54.9 million |
| Projected Forecast Value (2033) | USD 158.6 million |
| Growth rate | 11.2% CAGR |
| Forecast period | 2023 to 2033 |
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The global ovulation microscope market expanded at a CAGR of 10.5% between 2018 and 2022. Further, growth forecasts remain optimistic, with the market predicted to exhibit a CAGR of 11.2% between 2023 and 2033.
Development of point-of-care ovulation detection tools will be required, for example, the ovulation microscope might incentivize market expansion like if the person ovulates, a drop of saliva placed on the microscope’s lens will thus, showcase a pattern featuring a ferning crystal.
Rising Average Age of First-time Pregnancy to Fuel Sales of Ovulation Microscopes
The surging number of drugstores, retail shops, and pharmacies in both developed and developing countries across the globe is set to fuel the ovulation microscope market growth in the evaluation period. Further, the rising number of first births among women belonging to the age group of 30 years and above is another vital factor that is anticipated to drive growth.
Declining first births among teenage women are projected to surge the average age of first-time pregnancy, as per the Organization for Economic Co-operation and Development (OECD). At present, fertility rates among women belonging to the age group of 20 to 24 and 25 to 29 years are much lower than they were in 1970.
Declining fertility rates among women on the back of cervical or uterine abnormalities, endometriosis, cancer, ovulation disorders, and fallopian tube blockage are likely to propel growth.
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Inaccuracy and Expensiveness May Hinder the Ovulation Microscope Market Share
Ovulation test kits, including ovulation microscopes, do not provide accurate results when injectable fertility drugs such as hormone hCG or Pergonal are present in a woman’s system. These also deliver invalid results to women in their 40s who are approaching menopause and have high levels of LH in their systems. In addition to that, these are expensive depending on the brand being used. Driven by the above-mentioned limitations, sales of ovulation microscopes may get hampered in the next decade.
Prevalence of Lifestyle Disorders to Push Asia Pacific Ovulation Microscope Market
Entry of both domestic and international companies in developing countries such as Japan expands at a value share of 3.4% and India thrives at a CAGR of 13.9%. Easy availability of low-cost raw materials and labor is anticipated to push Asia Pacific’s ovulation microscope market share.
Surging investments by government agencies in Australia with a CAGR of 9.8% in the development of ovulation and fertility monitors are also expected to drive the regional market. Also, the increasing prevalence of lifestyle disorders, including obesity, diabetes, infertility, chronic backache, and general anxiety disorder among women is set to propel the market as per the International Diabetes Federation (IDF),
In 2021, nearly 1,335,254.0 live births affected by various types of diabetes were first detected in pregnancy in India. The number is likely to grow at a fast pace on the back of rising consumption of fast food and the busy lifestyles of women, thereby boosting the market.
High Rate of Infertility to Drive North America Ovulation Microscope Market
Demand for ovulation microscopes is projected to expand considerably in North America with a market share of 42.7%. The United States held a value share of 38.7% which is stoked by rising awareness about fertility testing procedures among women across the United States of America and Canada.
The easy availability of ovulation and fertility detection tools through e-commerce websites is another crucial factor that could aid the regional market. Additionally, the growing age of first-time pregnancies among women and the surging prevalence of infertility is estimated to foster growth.
According to the Centers for Disease Control and Prevention (CDC), about 1 in 5 heterosexual women belonging to the age group of 15 to 49 years are unable to get pregnant after one year of trying, with no prior births in the United States of America where the trend is likely to continue throughout the forthcoming years, thereby spurring North America market.
The Rise in the Development of Technologically Advanced Products
Europe is said to have the second large revenue share in the global ovulation microscope market with a value share of 29.3%, whereas Germany holds a leading position with a market share of 11.3%. The United Kingdom market is said to expand at a CAGR of 10.5% owing to a boost in the development of technologically advanced products and the rising adoption of ovulation microscopes.
The Presence of Local Players in Point-of-Care Testing Products
China is anticipated to register significant growth in the ovulation microscope market and is expected to thrive at a CAGR of 15.2%, due to the presence of local players in point-of-care testing products markets.
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Digital Microscopes Hold a Significant Portion of the Market
Digital- app-based microscopes are used as they serve as digital period calendars, fertility trackers, or contraceptives— some work as all three, thus contributing a significant market share of 52.47%
Hospital Pharmacies have the Most Sales
Hospital pharmacies have the most sales as they stock large volumes of medications, as it is inclusive of more specialized and investigational medications that would then be feasible in the home care settings holding a market share of 44.20%
Some of the prominent players working in the global market are-
Some of the Important Developments of the Key Players in the Market
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 11.2% from 2023 to 2033 |
| Market value in 2023 | USD 54.9 million |
| Market value in 2033 | USD 158.6 million |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | USD billion for Value and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | By Country, By Type, By Distribution Channel |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Rest of Latin America, Germany, The United Kingdom, France, Spain, Italy, Rest of Western Europe, Poland, Russia, Czech Republic, Romania, Rest of Eastern Europe, India, Bangladesh, Australia, New Zealand, Rest of South Asia and the Pacific, China, Japan, South Korea, GCC Countries, South Africa, Israel, Rest of the Middle East and Africa |
| Key Companies Profiled | Fairhaven Health LLC; Fertility Focus Limited; NecLife; Swiss Precision Diagnostics GmbH; HiLin Life Products Inc; Geratherm Medical AG; Accuquik; Church & Dwight Co. Inc.; Prestige Brands Holdings Inc.; Clearblue; Piramal Healthcare |
| Customisation Scope | Available on Request |
The primary consumer for ovulation microscopes is the fertility industry.
Some of the key players in the ovulation microscope market are Accumed Biotech Technologies LLC, Fairhaven Health LLC, and Geratherm Medical AG.
The market is estimated to secure a valuation of USD 54.9 million in 2023.
The market is estimated to reach USD 158.6 million by 2033.
The fertility sector holds high revenue potential in the ovulation microscope market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Traditional Microscopes 5.2. Digital Microscopes 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 6.1. Hospitals Pharmacies 6.2. Retail Pharmacies 6.3. Drug Stores 6.4. E-Commerce 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Fairhaven Health LLC 17.2. Fertility Focus Limited 17.3. NecLife 17.4. Swiss Precision Diagnostics GmbH 17.5. HiLin Life Products Inc 17.6. Geratherm Medical AG 17.7. Accuquik 17.8. Church & Dwight Co. Inc. 17.9. Prestige Brands Holdings Inc. 17.10. Clearblue 17.11. Piramal Healthcare 18. Assumptions & Acronyms Used 19. Research Methodology
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Ovulation Microscope Market
