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Download Free sampleThe global Fertility and Pregnancy Rapid Test Kits market was valued at 53.35 Million USD in 2021 and will grow with a CAGR of 2.89% from 2021 to 2027, based on Research newly published report.
The prime objective of Fertility and Pregnancy Rapid Test Kits Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Fertility and Pregnancy Rapid Test Kits Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Fertility and Pregnancy Rapid Test Kits Market studies the Fertility and Pregnancy Rapid Test Kits market, pregnancy and fertility rapid tests are point of care tests used to qualitatively detect the presence of reproductive hormones, such as Follicle Stimulating Hormone (FSH), Luteinizing Hormone (LH) and Human Chorionic Gonadotropin (hCG) hormone. Fertility rapid test kits can help find the exact day of ovulation or confirm the presence of menopause in women, while in males; they are used to detect the sperm count. These tests require small amount of blood or urine sample, depending upon the type of device being used; these devices work on color changing immunoassay techniques.
Growth of the global fertility and pregnancy market is mainly driven by rising demand for fast and self-contained tests, growing incidence of infertility and gynecological disorders, availability of decentralized diagnostic tests over time-consuming laboratory tests, and increasing first-time pregnancy age. Technological advancements and attractive product features such as smartphone app connectivity are also driving adoption of fertility and pregnancy rapid test kits. Based on product type, the market has been segmented into pregnancy rapid test kits and fertility rapid test kits. In terms of volume, pregnancy test kits segment is estimated to account for more than 71% market share in global fertility and pregnancy rapid test kits market in 2017. In terms of value, the North America market has been estimated to dominate the global fertility and rapid test kits market in 2017, and is expected to expand at a CAGR of 2.5% over the forecast period. Following North America, Europe is the second largest market, with market share of 36.9% in 2017.
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