What is Global Pregnancy and Fertility Testing Kits Market?
The Global Pregnancy and Fertility Testing Kits Market is a vast and dynamic sector that encompasses a variety of testing kits used to determine pregnancy and fertility status. These kits are designed to provide quick and accurate results, making them an essential tool for women worldwide. The market includes products that detect hormones associated with ovulation and pregnancy, such as luteinizing hormone (LH), follicle-stimulating hormone (FSH), human chorionic gonadotropin (hCG), and others. The market's value was estimated at US$ 635.7 million in 2023, and it is projected to grow to US$ 769.2 million by 2030, reflecting a compound annual growth rate (CAGR) of 2.8% during the forecast period from 2024 to 2030.
LH Urine Test, FSH Urine Test, hCG Blood Test, hCG Urine Test in the Global Pregnancy and Fertility Testing Kits Market:
The Global Pregnancy and Fertility Testing Kits Market includes several types of tests, such as the LH Urine Test, FSH Urine Test, hCG Blood Test, and hCG Urine Test. The LH Urine Test is used to detect the surge in luteinizing hormone that precedes ovulation. The FSH Urine Test measures the level of follicle-stimulating hormone, which can indicate whether a woman has entered menopause. The hCG Blood Test and hCG Urine Test are used to confirm pregnancy by detecting the presence of human chorionic gonadotropin, a hormone produced during pregnancy. These tests are all crucial components of the market, each serving a unique purpose in the realm of pregnancy and fertility testing.
Hospital, Drugstores, Gynecology & Fertility Clinics, Online Sales, Hypermarkets & Supermarkets in the Global Pregnancy and Fertility Testing Kits Market:
The usage of Global Pregnancy and Fertility Testing Kits Market is widespread and varies across different areas such as hospitals, drugstores, gynecology & fertility clinics, online sales, hypermarkets & supermarkets. In hospitals and clinics, these kits are used as a preliminary test for pregnancy and fertility-related issues. Drugstores and supermarkets offer these kits as over-the-counter products for personal use. With the rise of e-commerce, online sales of these kits have also seen a significant increase. The convenience of online shopping allows consumers to purchase these kits discreetly and have them delivered directly to their homes.
Global Pregnancy and Fertility Testing Kits Market Outlook:
The market outlook for the Global Pregnancy and Fertility Testing Kits Market is promising. In 2023, the market was valued at US$ 635.7 million. It is expected to grow at a steady pace, reaching an estimated value of US$ 769.2 million by 2030. This represents a compound annual growth rate (CAGR) of 2.8% during the forecast period from 2024 to 2030. The growth can be attributed to the increasing awareness about reproductive health and the convenience offered by these kits.
Report Metric | Details |
Report Name | Pregnancy and Fertility Testing Kits Market |
Accounted market size in 2023 | US$ 635.7 million |
Forecasted market size in 2030 | US$ 769.2 million |
CAGR | 2.8% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
|
Segment by Application |
|
Consumption by Region |
|
By Company | Quidel Corporation, Abbott, Prestige Brands Holdings, Inc., Church & Dwight Co., Inc., bioMrieux SA, Geratherm Medical AG, Abbott Laboratories, Procter & Gamble Co., DCC Plc., Swiss Precision Diagnostics GmbH |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |