Global Female Fertility And Pregnancy Rapid Test Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

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Overview and Scope

The female fertility and pregnancy rapid tests refer to a method used to test fertility and pregnancy in women by performing drugstore-bought urine tests and blood tests at the doctor’s office. Rapid test kits for fertility and pregnancy are a simple, user-friendly fertility testing solution used for the detection of ovulation and/or for diagnosing infertility in females.

Sizing and Forecast

The female fertility and pregnancy rapid test market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased awareness of reproductive health, delay in childbearing age, cultural and societal changes, rising maternal age, over-the-counter availability..

The female fertility and pregnancy rapid test market size is expected to see strong growth in the next few years. It will grow to $1.85 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to personalized medicine approaches, rising interest in natural family planning, global fertility tourism, government initiatives for family planning, affordable healthcare initiatives.. Major trends in the forecast period include digital health integration, telemedicine adoption, partnerships and collaborations in the healthcare industry, online retail channels for test kit sales, innovations in ovulation prediction tests..

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Segmentation & Regional Insights

The female fertility and pregnancy rapid test market covered in this report is segmented –

1) By Product: Fertility Rapid Test Kits, Pregnancy Rapid Test Kits
2) By Device Type: Digital Devices, Line-indicator Devices
3) By Test Type: FSH Urine Test, LH Urine Test, hCG Blood Test, hCG Urine Test
4) By Distribution Channel: Hospital Channel, Retail Channel, Online Channel

North America was the largest region in the female fertility and pregnancy rapid test market in 2023. The regions covered in the female fertility and pregnancy rapid test market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

The increasing incidence of gynecological disorders is expected to propel the growth of the female fertility and pregnancy rapid test market going forward. A gynecological problem is a medical ailment that affects the female reproductive organs, specifically the breasts and abdominal and pelvic organs such as the womb (uterus), ovaries, vagina, fallopian tubes, and vulva. Fertility testing can be performed to identify ovulation and/or to diagnose infertility, which is defined as the inability to procreate naturally which in turn helps in reducing gynecological disorders. For instance, in July 2022, according to a report published by the National Library of Medicine, a US-based medical library, the prevalence of gynecological disorders include disposable uterine fibroids (14.23%), spontaneous abortion (13.20%), ovarian dysfunction (11.16%), endometriosis (4.09%), polycystic ovary syndrome (19.04%), and dysmenorrhea (45.96%). Therefore, the increasing incidence of gynecological disorders is driving the growth of the female fertility and pregnancy rapid test market.

Key Industry Players

Major companies operating in the female fertility and pregnancy rapid test market are focusing on innovative products, such as home fertility test kit to provide better fertility status from the convenience of home. A home fertility test kit is a device or kit that allows individuals to collect and analyze their hormone levels, fertility, or other reproductive health information at home, without the need for a visit to a medical facility. For instance, in January 2022, Kindbody, a NewYork-based fertility clinic network and family-building benefits provider, launched Kind at Home fertility test. The Kind at Home fertility test kit provides comprehensive information about fertility status for both women and men from the convenience of home. The results and suggestions are provided within days after a simple finger prick and are conveniently accessible on the Kindbody proprietary patient site.

The female fertility and pregnancy rapid test market report table of contents includes:

1. Executive Summary

2. Female Fertility And Pregnancy Rapid Test Market Characteristics

3. Female Fertility And Pregnancy Rapid Test Market Trends And Strategies

4. Female Fertility And Pregnancy Rapid Test Market – Macro Economic Scenario

5. Global Female Fertility And Pregnancy Rapid Test Market Size and Growth
….

31. Global Female Fertility And Pregnancy Rapid Test Market Competitive Benchmarking

32. Global Female Fertility And Pregnancy Rapid Test Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Female Fertility And Pregnancy Rapid Test Market

34. Female Fertility And Pregnancy Rapid Test Market Future Outlook and Potential Analysis

 

35. Appendix

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