The Global Infertility Testing Market is expected to reach 22,421.79 million by 2024 from 13,347.10 million in 2016, at a CAGR of 6.8% in the forecast period 2017 to 2024.
Global Infertility Testing Market by Type (Female Infertility Testing, Male Infertility Testing), By Test Kits (Human Follicular Stimulating Hormone (FSH) Urine Test Kits, Luteinizing Hormone (LH) Urine Test Kits, Human Chorionic Gonadotropin (HCG) Hormone Blood Test Kits, Others), By Prescription Mode (Prescription-Based, Over The Counter (OTC) Based), By Distribution Channel (Hospitals Pharmacies, Online Pharmacies, Pharmacies & Drug Stores), By End User (Fertility Centers, Hospitals And Clinics, Research Institutes, Cryobanks), By Geography (North America, Europe, Asia-Pacific, South America, Middle East And Africa) Industry Trends and Forecast to 2024
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The major factors driving the growth of this market are significant decline in fertility rates, increasing number of fertility clinics, rising public awareness among the female population, increasing number of gynaecological disorders and technological advancements and innovative testing products. On the other hand, high cost of ovulation testing and accuracy issues with testing kits may hinder the growth of the market.
The Merck KGaA is going to dominate the global infertility market followed by Procter & Gamble, bioMérieux SA and other players operating in this market are include Babystart Ltd, Biozhena Corporation, Quidel Corporation, Alere Inc., SPD Swiss Precision Diagnostics GmBH, Proctor & Gamble, SCSA Diagnostics, Inc., among others.
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The global infertility testing market is segmented on the basis of type, test kits, prescription mode, distribution channel and end user.
On the basis of test kits are further sub divided into human Follicular Stimulating Hormone (FSH) urine test kits, luteinizing hormone (LH) urine test kits, human chorionic gonadotropin (HCG) hormone blood test kits and others.
On the basis of prescription mode, the global infertility testing market is segmented into prescription-based and over the counter (OTC) based.
On the basis of end user, the global infertility testing market is classified into fertility centers, hospitals and clinics, research institutes and cryobanks.
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