The "Fertility Testing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Fertility Testing Market to Reach $644.7 Million by 2027
Amid the COVID-19 crisis, the global market for Fertility Testing estimated at US$428.5 Million in the year 2020, is projected to reach a revised size of US$644.7 Million by 2027, growing at a CAGR of 6% over the analysis period 2020-2027.
Ovulation Predictor Kits, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$275.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fertility Monitors segment is readjusted to a revised 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $116 Million, While China is Forecast to Grow at 9.2% CAGR
The Fertility Testing market in the U.S. is estimated at US$116 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$137.5 Million by the year 2027 trailing a CAGR of 9.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
Male Fertility Testing Products Segment to Record 6% CAGR
In the global Male Fertility Testing Products segment, USA, Canada, Japan, China and Europe will drive the 5.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$70.7 Million in the year 2020 will reach a projected size of US$102.7 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$87 Million by the year 2027, while Latin America will expand at a 7.2% CAGR through the analysis period.
Select Competitors (Total 41 Featured):
Ava Science Inc.
Church & Dwight Co., Inc.
Fairhaven Health LLC
Fertility Focus Ltd
Geratherm Medical AG
Hilin Life Products
Prestige Brands Holdings, Inc.
SPD Swiss Precision Diagnostics GmbH
TaiDoc Technology Corporation
UEBE Medical GmbH
Valley Electronics AG
Key Topics Covered:
II. EXECUTIVE SUMMARY
Influencer Market Insights
Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS
Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/gy853v.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005934/en/
Laura Wood, Senior Press Manager
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