The global ovulation test kit market garnered USD 180 Million in 2021 and is likely to exhibit a Y-o-Y increase of 8.6% to be valued at USD 195 Million in 2022. Rapidly increasing sustaining pregnancy is likely to act as the prominent driver in the Ovulation Test Kit market, the market is likely to expand to USD 450 Million by 2032.
Growing emphasis on women’s healthcare and soaring investment in research and development by key players to reduce the cost of the kit is expected to amplify the adoption rate in several countries
Attributes | Details |
---|---|
Global Ovulation Test Kit Market CAGR (2022 to 2032) | 8.7% |
Global Ovulation Test Kit Market (2032) | USD 450 Million |
Global Ovulation Test Kit Market Attraction | Recently, the fertility test industry has been expanding at a healthy rate, backed by the rising awareness regarding fertility testing, swelling maternal age of women in established and developing regions, swiftly increasing infertility population across the globe, and awareness among the adult population. |
Ovulation is the biological process of the release of eggs from the ovary. Every month before ovulation, the female body produces luteinizing hormones in a large amount, and that usually takes place in the middle of the menstrual cycle.
The ovulation test detects a rise in luteinizing hormone, basically luteinizing hormone present in the urine but it increases before ovulation. Luteinizing hormone proceeds the ovulation process because it sends the message to the ovaries for the release of eggs.
Ovulation kits kit help to predict ovulation time and peak fertility. An ovulation test kit is freely available in the market and may be used at any time but some professionals suggest testing in the morning, although it's not required.
Ovulation test kit provides comfort the home testing, especially urine ovulation test kit that uses test strip which detects the Luteinizing hormone along with another hormone-like estrogen. According to the Centers for Disease Control, most women have trouble staining a pregnancy due to health issues, age, or other factors. Ovulation test based on LH levels in urine, electrolyte levels in saliva, or User's basal body temperature.
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Increasing sustaining a pregnancy due to health issues, age, or other factors worldwide is expected to contribute significantly to concern market growth. These Kits are easy to use and require minimum effort to set up and provide a nearly accurate result, all these features will increase the demand for ovulation test kits in the forecast period.
Besides, swelling purchasing power and mounting consumer awareness about women’s health are the two aspects likely to drive the growth of the digital ovulation test kits market across the globe. Several governments are focusing on improving women’s health through various awareness and healthcare programs.
These kits are easily available in any local medical store and even supermarkets. However, the Ovulation test cannot confirm ovulation it only detects the Luteinizing hormone that precedes ovulation. The ovulation test does not work properly if the User has any fertile drugs.
The ovulation test does not work who are above 40 age or who are nearing menopause already. Low awareness regarding the use of Ovulation test kits and the benefits of using devices hinder the growth of Ovulation tests, especially in underdeveloped economies.
The global Ovulation Test Kit market is expected to be dominated by North America due to higher adoption and a number of customers using the Ovulation Test Kit and also awareness regarding planned pregnancy.
Besides, the market growth is attributed to the growing prevalence of fertility disorders and the adoption of digital ovulation test kits. Also, the developments in digital ovulation test kits are anticipated to boost market demand.
Manufacturers are currently emphasizing designing new offerings that can offer superior results at a cheaper rate, while also providing simple and dependable outputs. Prominent creators are collaborating and partnering within the industry to expand their product portfolios across the region. For instance, in 2021, Sugentech, a major digital ovulation test kits manufacturer entered into a strategic partnership with CGETC, Inc., a consumer fulfillment and marketing company located in the USA
According to Future Market Insights (FMI), the North American ovulation test kits market is estimated to grow at a CAGR of 8.6% during the forecast period (2022 to 2032)
Some of the digital devices present in the market have innovative features such as connectivity to Bluetooth or smart countdown. Clearblue, First Response, and E.P.T. are some of the most popular digital ovulation test kit brands available in the aforementioned market.
Asia-Pacific is expected to be the fastest-growing the concerned market due to the rapidly growing number of women suffering from lifestyle disorders. Ovulation Test Kit and rising funding/investments for the development of fertility and ovulation monitors are likely to bolster demand in several countries. Increasing first-time pregnancy demographics and declining fertility rates, along with growing levels of disposable income and growing developments in ovulation testing are some of the key aspects driving the growth of the digital ovulation test kit market in the region.
For instance, according to World Bank’s report, India had a fertility rate of 3.311 in 2000 which declined to 2.326 in 2020. However, the cost of the expensive kit may impact revenue generation in the Asia Pacific region. The Asia-Pacific ovulation test kits market is expected to expand at a CAGR of 8% during the forecast period (2022 to 2032).
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Examples of some of the market participants in the global Ovulation Test Kit market identified are Swiss Precision Diagnostics GmbH, Church & Dwight Co. Inc., Prestige Consumer Healthcare, Inc., Hilin Life Products., Fairhaven Health LLC, Geratherm Medical AG, Piramal Enterprises Ltd, NecLife and others.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 8.7% from 2022 to 2032 |
Market Value in 2022 | USD 195 Million |
Market Value in 2032 | USD 450 Million |
Base Year for Estimation | 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Product Type, End-use, Region |
Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Malaysia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Israel |
Key Companies Profiled | Swiss Precision Diagnostics GmbH; Church & Dwight Co. Inc.; Prestige Consumer Healthcare Inc.; Hilin Life Products.; Fairhaven Health LLC; Geratherm Medical AG; Piramal Enterprises Ltd; NecLife |
Customization | Available Upon Request |
The global Ovulation Test Kit market is estimated to grow at a CAGR of 8.7% from 2022 to 2032
The North American market is expected to garner USD 200 Million while expanding at an 8.6% CAGR from 2022 to 2032
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Urine-Based Test Ovulation Test Kit 5.1.1. Test Strip Method 5.1.2. Mid-Stream Method 5.2. Saliva-Based Test Ovulation Test Kit 5.3. Salivary Ferning Kit 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End User 6.1. Hospitals 6.2. Clinics 6.3. Diagnostic Centers 6.4. Fertility Centers 6.5. Home Care 6.6. Others 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Swiss Precision Diagnostics GmbH 15.2. Church & Dwight Co. Inc. 15.3. Prestige Consumer Healthcare, Inc. 15.4. Hilin Life Products 15.5. Fairhaven Health LLC 15.6. Geratherm Medical AG 15.7. Piramal Enterprises Ltd 15.8. NecLife 16. Assumptions & Acronyms Used 17. Research Methodology
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