Fertility and Pregnancy Rapid Test Kits Market Share, Growth, Opportunitites, Analysis, Trends, Market Size, and Forecasts 2019-2027
Pregnancy and fertility testing kits contain components that detect the presence of reproductive hormones such as human chorionic gonadotropin (hCG), luteinizing hormone (LH), and follicle stimulating hormone (FSH) (FSH). These kits aid in determining the exact day of ovulation. Furthermore, in women, these kits help to confirm the existence of menopause, whereas in men, they are used to identify the sperm count.
The rising prevalence of gynaecological problems and infertility, as well as the availability of quick and self-contained tests, are driving factors in the global fertility and pregnancy rapid test kits market. The rise in the age of first-time pregnancies, as well as the availability of less time-consuming decentralised diagnostic tests in place of laboratory procedures, has fueled fertility and pregnancy rapid test kits market expansion. The growing preference for smartphone app connectivity, appealing product features, and technological improvements have resulted in the proliferation of fertility and pregnancy fast test kits. These reasons are increasing demand for these devices, and the market is expected to expand significantly throughout the forecast period. However, impeding growth factors in countries with inherent potential, as a result of which these products are not well adopted, as well as too many options in the market and controversies and issues related to the devices, lead to the restraints of the growing market for fertility as well as pregnancy rapid test kits.
The progress of technology in pregnancy and fertility testing kits supplements industry growth. Furthermore, the market is being driven by an increase in the prevalence of infertility and gynaecological problems. However, limited adoption and knowledge of these items in developing countries with inherent potential stymies market expansion.
The major players operating in the global fertility and pregnancy rapid test kits market include, SPD Swiss Precision Diagnostic GmbH, DCC Plc., Procter & Gamble, Abbott Laboratories, Alere Inc., Quidel Corporation, bioMérieux SA, Church & Dwight Co., Inc., Prestige Brands Holdings, Inc., and Geratherm Medical AG.
Comments
Post a Comment