Pune, India -- (SBWire) -- 01/15/2020 --A recent report published by Infinium Global Research on Fertility Testing Devices Market (Product - Ovulation Predictor Kits, Fertility Monitoring Devices, and Male Fertility Testing Products; End User - Specialty Clinics, Hospitals, and Homecare Settings): Global Industry Analysis, Trends, Market Size and Forecasts to 2024. According to the report the global fertility testing devices market is projected to grow at a CAGR of 7.50% over the forecast period of 2018-2024.
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Browse through over 100 tables and figures to get a complete view of the global and regional markets of Fertility Testing Devices over the period of 2018 to 2024. This report also provides the existing competitive scenario of some of the key players of the Global Fertility Testing Devices Market which includes company profiling of Fairhaven Health LLC, Geratherm Medical AG, Hilin Life Products, Prestige Brands Holdings, Inc., SPD Swiss Precision Diagnostics GmbH, Church & Dwight Co., Inc., AccuQuik, Quidel Corporation, and Alere Inc.
Growing Awareness about Fertility Testing Devices is Driving the Patient Acceptance Rate
The process by which fertility is assessed by both men and women to find the fertile window in various circumstances related to it is called the fertility test. Infertility is a condition when a reasonable period of unprotected intercourse without conceiving. The fertility test is done by couples to detect the root causes responsible for their infertility. The fertility problems faced by both men and women are at equal rates, but women are more worried about fertility testing. The treatment procedure starts by gynecologist or general physician after a diagnosis of an exact issue with the help of fertility test results. The growing awareness about fertility testing devices is driving the patient acceptance rate efficiently for such devices instead of choosing for laboratory-based tests. Fertility testing is done at home and it saves time that helps to maintain privacy and is comfortable for females.
The change in the lifestyle and the stress results in the problem of conceiving thus the fertility rate has decreased worldwide. The gynecologist or general physician suggest men and women for the fertility test to diagnose the problem, thus the demand for fertility test device is growing significantly in the coming years. Rising awareness about fertility testing and technology advancement is another factor that drives the growth of this market. The fertility test device is easy to use and helps to get accurate results.
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Growth in Use of Mobile Applications & Websites For Ovulation Tracking to Drive the Growth of Fertility Test Device Market
High cost of fertility and ovulating monitors, growth in the use of mobile applications & websites for ovulation tracking, and easy availability of generic diagnostic tools such as blood test and saliva testing is likely to hamper the growth of the fertility test device market. Furthermore, sperm quality is monitored by keeping a record of heart rate, air quality & environmental function, body temperature, and technological advances such as trak system are the trends that will bring more opportunities to fertility test device market.
North America to Dominate the Global Fertility Test Device Market
North America is expected to be the largest market for the fertility test device. Increase in marriage age and high awareness about the benefit of fertility test such as easy to use and fast result features to drive growth in this region. In addition, technology advancement and increasing occurrence of polycystic ovarian syndrome (PCOS) cases are likely to boost the growth in this region.
Technology Advancement and New Product Launches are the Key Strategies of the Leading Player in Fertility Testing Device Market
Technology Advancement and new product launches are the key strategy of the leading player to retain their position in the market by providing innovative product infertility testing devices. For instance, percept by EarlySence is a "contactless" device that is stored under the mattress to monitor the fertility cycle.
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About Infinium Global Research
The Infinium Global research comprises of a team of well-experienced analysts who have qualified in generating incisive reports. The breast reconstruction market report offers trends, opportunities, challenges, market size, and forecast for major geographical regions and key countries. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the breast reconstruction market.
