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Valuation of Fertility Test is expected to grow at USD 979.9 million by 2031 - Hilin Life Products, UEBE Medical, Fairhaven Health, Mira Care

Valuation of Fertility Test is expected to grow at USD 979.9 million by 2031 - Hilin Life Products, UEBE Medical, Fairhaven Health, Mira Care

 

 
The global Fertility Test Market was valued at USD 472 million in 2021 and it is anticipated to grow further up to USD 979.9 million by 2031, at a CAGR of 7.6% during the forecast period.

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A medical and physical assessment called a fertility test measures a person's capacity to conceive naturally. Growing older is one of the factors that might impair fertility, therefore women and men who are 35 or older who are having trouble becoming pregnant even after six months of trying should think about fertility testing.

Blood tests, discussions of medical history, and minimally invasive procedures are all part of the fertility testing procedure. It mostly includes detecting hormones like luteinizing hormone or progesterone hormone in blood, urine, or saliva to determine whether ovulation has occurred. Semen analysis is part of the tests for males to ensure a proper sperm count.

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Market Trends and Drivers

The increasing first-time pregnancy age is propelling the growth of the market. Due to the drop in first pregnancies among teenage girls and the rise in pregnancies among women over 30, the average age of first pregnancies has dramatically increased globally during the past few decades.

The average age at which women give birth is now 30 or older, according to the OECD; this development is primarily being noticed since women over the world are showing a higher preference for delaying first pregnancies. Listed below are some significant products launched in recent years:

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The average mean age of a first pregnancy in the OECD-25 nations climbed from 29 to 30 between 2015 and 2019 according to the OECD Family Database. The only OECD nation with a mean average age of 28 or less is Mexico.
Only 11.8 births per 1,000 young women (under the age of 20) have their first child, which is in line with the rising mean age of first-time pregnancies (Source: OECD).

UNICEF reports that between 2005 and 2017, the average age of Canadian women giving birth to their first child rose by 1.5 years, from 27.5 to 29.
The average age of first-time moms in the Netherlands grew from 29.4 years in 2013 to 29.9 years in 2019. (Source: CBS, 2019).

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Global Fertility Test Market Segmentation

By Product

Ovulation Prediction Kits
Fertility Monitors
Male Fertility Test Kits

By Mode of Purchase

OTC-based
Prescription Based
Online

By Application

Female Fertility Testing
Male Fertility Testing

By End User

Home Care Settings
Fertility Clinics

Major Players in the Global Fertility Test Market

The key players studied in the global fertility test market are Swiss Precision Diagnostics (Switzerland), Prestige Brands Holdings (US), bioZhena (US), Fairhaven Health (US), Fertility Focus (UK), Geratherm Medical (Germany), Hilin Life Products (US), UEBE Medical (Germany), AdvaCare Pharma (US), AVA (Switzerland), Babystart (UK), Valley Electronics (Germany)and Mira Care (US).

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