Fertility testing is a process in which fertility or infertility is checked or assessed. In-depth analysis on fertility testing market revels that, fertility testing market is a booming & profitable business, several factors influencing markets growth.
The first is the overall increase & rise in couples trying unsuccessfully to conceive due to advanced age, obesity, lifestyle & various environmental factors.
Especially in developed region such as in American women are having babies in their 30s than in their 20s, part of the gradual increase over the past four decades in the average age Americans becoming parents. On the other hand getting pregnant at age range 30s-40s can also come with a lot of uncertainty about whether it’s even possible to conceive & how much time might be left before infertility sets in
Second is, growing recognition that this is not a women’s health problem. Approximately one in five couples, a male factor is diagnosed as the cause. Another 30 percent of cases are deemed both male & female or unexplained.
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Now fertility testing industry became relatively new industry that claims to be able to help women answer these burning questions. By seeing profitable of the industry many online companies, clinics & fertility centres now offer tests of ovarian reserve, for example: At Future Family, fertility age test promises to deliver insight into patients current & future fertility, in the privacy of patients own home. Let’s get checked’ test determines if a woman’s pregnancy chances are lower than what is expected at her age. At Shady Grove Fertility, the largest fertility centre in United State, ovarian reserve testing is part of the initial fertility evaluation & promises no more guessing about fecundity.
Fertility Testing Market – Competitive Analysis
As the market seems to be attractive, growing and profitable, at the same time market has witnessed intense rivalry among existing competitors. Many new entrants expected to enter into fertility testing market. There are many big players in the fertility testing market such as: Geratherm Medical AG Germany, Prestige Brands Holdings, Inc. in U.S., SPD Swiss Precision Diagnostics GmbH in Switzerland, Church & Dwight Co., Inc. in U.S., Fairhaven Health LLC in U.S., HiLin Life Products, Inc. in U.S., Fertility Focus Limited in U.K. Alere Inc., Atlas Medical, Biomerieux SA, Church & Dwight Co. Inc., Gemc Technology Group Co. Ltd
Market has new entrants and new launches for example: – In October-1-2016, California start-up “Episona”, a company founded around epigenetic science. Its first product, “Seed”, launched in October-2016 and is now being sold to fertility clinics. Seed is an advanced and next generation sequencing test that looks for specific signs of DNA-methylation in sperm. This could be the result of aging, smoking, pollution & more. Depending on how & where this occurs, the DNA modifications can impact fertility & embryo development. In Jun- 20-2016, a semen centrifuge is the latest and newest direct to consumer fertility device on the market. The Trak, a desktop gadget that measures a man’s sperm count, was approved by the Food & Drug Administration for consumer use. The device, developed by “Bay Area” start-up sandstone diagnostics, runs on AA batteries, costs USD 159.99, & even syncs with phone.
Geratherm Medical AG Germany, Prestige Brands Holdings, Inc. in U.S., SPD Swiss Precision Diagnostics GmbH in Switzerland, Church & Dwight Co., Inc. in U.S., Fairhaven Health LLC in U.S., HiLin Life Products, Inc. in U.S., Fertility Focus Limited in U.K, Alere Inc., Atlas Medical, Biomerieux SA, Church & Dwight Co. Inc., Gemc Technology Group Co. Ltd are some of the prominent players at the forefront of competition in the Global Fertility Testing Market and are profiled in MRFR Analysis.
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Analysis shows that, North America including the U.S. and Canada, held the largest share of the global fertility testing market. A number of factors such as the decline in fertility rate owing to the rising first time pregnancy, age & high prevalence of ‘polycystic ovary syndrome’ among North American women, growing awareness about the benefits offered by ovulation monitors & Fertility Awareness Methods in successful conception among women & the development of advanced device offerings at a lower cost are driving market growth in North America. However, the Asia Pacific fertility testing market is expected to witness the fastest growth in the forecast period. Growing anxiety, increasing depression among couples, decreasing fertility rate, growing number of women suffering from lifestyle disorders, rising funding and investments for the development of fertility & ovulation monitors, growing focus of both international & domestic players on the Asia Pacific fertility testing market are some of the major factors driving fertility testing market growth in the Asia-Pacific region.
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North America is one of the largest markets for fertility testing. As per the National Center of Health Statistics the US fertility rate in 2009 was 2.0 births per women. But the preliminary shows a drop on 1.9 in 2011. Hence, there is sense of urge building in the overall population and people are getting aware of fertility testing. In present scenario the awareness about the fertility testing and the devices for fertility testing has been increased among the people. Hence, the use of ovulation kits and fertility monitors is increasing which leads to demand for fertility testing and an increasing trend can be expected in the North American market.
Europe is one of the growing markets in fertility testing and as per Euro Stats in 2014 the average fertility rate of 2014 is 1.58 per woman which has drastically dropped since 2002. An AMH test which measures how much “Anti mullerian harmone” a woman produces in her ovarian follicles which is fast becoming the pre-eminent tool for fertility specialists in Europe to determine the chances of their patients getting pregnant.
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