市場調查報告書
商品編碼
1087047
不孕檢驗的全球市場預測(2022年~2027年)Fertility Test Market - Forecasts from 2022 to 2027 |
全球不孕檢驗的市場規模預測將從2020年的4億9,875萬6,000美元,到2027年達到7億3,961萬6,000美元,在預測期間內預計將以5.79%的年複合成長率成長預測。
本報告提供全球不孕檢驗市場相關調查分析,提供市場概要,市場動態,市場分析,競爭情形,企業簡介等系統性資訊。
The fertility test market is expected to grow at a compound annual growth rate of 5.79% over the forecast period to reach a market size of US$739.616 million in 2027, from US$498.756 million in 2020.
Introduction
Fertility Testing is a process through which males and females are made aware of their reproductive health that helps them to detect ovulation and to diagnose infertility. This procedure aids in planning pregnancy and helps doctors diagnose the cause of infertility as well.
Market Trend
The growing age of the population and the declining fertility rate is expected to be the primary driver for the market. This is because fertility testing can be considered a safe option to detect pregnancy or ovulation and infertility for people trying to get pregnant at high ages. Besides that, the growing prevalence of PCOS and PCOD among females is considered as another major factor to drive up the fertility test market. Today technology is thriving, and the easy-to-use fertility monitors and kits are in wide demand in the fertility test market, thus constituting a vital growth factor for the fertility test market. Also, In the past few years, fertility tourism has surged significantly, holding an opportunity for the fertility test market to grow at a notable rate in the coming years.
Another considerable contribution to this market is the growing self-health awareness among women. Government and authorities at times set up campaigns and awareness programs to provide the required self-health literacy to women in both developed and developing nations. With the increased awareness, the demand for fertility testing is projected to increase in the coming years.
Although the market includes several growth opportunities, one of the major restraints is that these tests, at times, can generate false results that can hamper the market growth in the future.
Growth Factors
The decline in fertility rates in the major countries around the globe has become a serious concern. The birth rate of 2.1 is considered as an ideal rate for a country to naturally replace its population. As reported by World Economic Forum, the United States' most recent survey showed that its birth rate has been on a continuous decline for the past six years, and its current rate is at 1.6. The report also showed that the birth rate in China and Japan stands at 1.3 while that in Russia, Brazil, and Bangladesh stands at 1.6, 1.8, and 1.7.
One of the major reasons behind this is the growing age of the population which has simultaneously contributed to the increasing age of first-time pregnancies. According to World Bank, the old-age dependency ratio has increased significantly over the past few decades, and in 2020 it stood at 14.296%. This is expected to be a significant driver of the market as fertility tests can be considered as a safe option to detect the early signs of ovulation and infertility among the high age population.
PCOS is one of the major rising causes of infertility among females. PCOS or Polycystic Ovary Syndrome is a hormonal disorder that causes enlarged ovaries and small cysts on the outer edges due to which the ovaries fail to release the eggs, which hampers the menstrual cycle and thereby increases the chances of infertility among women. According to the Centers for Disease Control and Prevention, PCOS affects around 6%-12% (around 5 million) of American women. Since fertility tests can contribute as a primary source of getting information regarding ovulation and infertility, the prevalence of PCOS is directly related to the high demand for fertility tests in the coming years.
Fertility Tourism or cross-border reproductive care or tourism is traveling from one country to another to overcome fertility issues and get fertility treatment. This practice has become popular in the past few decades owing to the factors like strict regulations in domestic countries, better treatment facilities in foreign countries, etc. To work on infertility issues and conceiving problems, fertility tourism involves a high scale application of fertility tests, which can positively impact its market in the forecasted period.
Restraints
Although the Fertility tests help to get the required information about fertility and ovulation, at times, these tests can detect false results as well. This problem generally arises in the home urine test kits. There can be several causes, like user error, chemical pregnancy, fertility medications, and recent pregnancies, that may leave behind hCG in the bodies. These factors can contribute to the high probability of false result generation, which can hamper market growth.
Impact of COVID-19 Pandemic on the Fertility Test Market:
The outburst of the COVID pandemic around the globe severely hampered the fertility test market majorly because of less access to non-COVID healthcare facilities. The factors like lockdown, curfew, and the fear of disease restricted the outer movement of the people, and this concern increased significantly for the pregnant ladies during the pandemic.
Segmentation:
Ovulation Product Kits
Fertility Monitors
Men Fertility Testing Kits
Others
Female fertility testing
Male fertility testing
Prescription based
Non-prescription based
Homecare setting
Hospitals and Fertility Clinics
North America
South America
Europe
Middle East and Africa
Asia-Pacific