United States Ovulation Testing Kits Market Size, Share, and COVID-19 Impact Analysis, By Device Type (Line Indicator Devices, Digital Devices, and Microscopic Devices), By End-User (Hospitals & Clinics, Fertility Centers, and Others), and United States Ovulation Testing Kits Market Insights Forecasts to 2033
Industry: HealthcareUnited States Ovulation Testing Kits Market Insights Forecasts to 2033
- The Market is growing at a CAGR of 10.00% from 2023 to 2033
- The US Ovulation Testing Kits Market Size is Expected to Hold a Significant Share by 2033
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The US Ovulation Testing Kits Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 10.00% from 2023 to 2033.
Market Overview
Ovulation testing kits are used to know the menstrual cycle and period of ovulation in females who intend to conceive. These tests are used to determine their fertility window as well as the best time to plan for their conception. They are mostly used by women with Polycystic Ovary Syndrome as they are also suffering from delayed ovulation and inability to conceive. Thus, this increasing rate of PCOS is promoting the demand for such tests. Factors driving growth in the market include the increasing incidence of polycystic ovary syndrome and other hormonal disorders among women of childbearing age. Other factors that are likely to drive this market are the increase in age at first-time pregnancy, a declining fertility rate, and an advancement in technology. The main driving forces for this market growth are the increasing success of IVF technology, growing awareness about IVF processes, and a trend towards delaying the onset of pregnancy. Overall awareness about advanced in vitro fertilization techniques and steadily improving success rates of IVF have increased demand for ovulation kits around the country.
Report Coverage
This research report categorizes the market for United States ovulation testing kits market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States ovulation testing kits market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the United States ovulation testing kits market.
United States Ovulation Testing Kits Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 10.00% |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 105 |
Segments covered: | By Device Type, By End-User |
Companies covered:: | Alfa Scientific Designs, Inc., Proov, Ro, Wondfo, AdvaCare Pharma, Everly Health, Inc., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
This includes a growing number of people sustaining a pregnancy due to health issues, age, and other factors worldwide; therefore, this is also expected to significantly contribute to the growth of the concern market. These Kits are easy to use and require minimum effort to set up and provide a nearly accurate result, all these features will increase the demand for ovulation test kits in the forecast period. Also, swelling purchasing power and growing consumer awareness regarding women's health are two aspects most likely to fuel the market for digital ovulation test kits worldwide. The growing health of women through certain awareness and healthcare initiatives implemented by many governments will act as an opportunity.
Restraining Factors
Constraints associated with the use of at-home ovulation testing kits may deter their uptake. Furthermore, such kits do not guarantee 100% pregnancy since they only track the ovulation but not the viability of eggs. Such factors may deter their uptake among women.
Market Segment
The U.S. ovulation testing kits market share is classified into device type and end-user.
- The digital devices segment is expected to hold the largest market share through the forecast period.
The US ovulation testing kits market is by device type into line indicator devices, digital devices, and microscopic devices. Among these, the digital devices segment is expected to hold the largest market share through the forecast period. This is attributed to the various benefits related to these devices like efficiency, faster & accurate results, reliability, and easy readability the market is experiencing robust growth. They are also increasingly used as they are easy to use. The devices are much easier to read and results can be interpreted rapidly.
- The fertility centers segment is expected to hold the largest market share through the forecast period.
The US ovulation testing kits market is segmented by end-users into hospitals & clinics, fertility centers, and others. Among these, the fertility centers segment is expected to hold the largest market share through the forecast period. This is attributed to the increasing number of individuals seeking assisted reproductive technologies and the growing awareness of fertility issues, which drive demand for specialized testing.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States ovulation testing kits market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Alfa Scientific Designs, Inc.
- Proov
- Ro
- Wondfo
- AdvaCare Pharma
- Everly Health, Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In July 2023, Proov signed a distribution agreement with 2SAN GLOBAL LIMITED for the distribution of the latter's at-home fertility tests. With this agreement, 2SAN GLOBAL LIMITED further strengthened its product distribution in the U.S.
Market Segment
This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the United States Ovulation Testing Kits market based on the below-mentioned segments:
United States Ovulation Testing Kits Market, By Device Type
- Line Indicator Devices
- Digital Devices
- Microscopic Devices
United States Ovulation Testing Kits Market, By End-User
- Hospitals & Clinics
- Fertility Centers
- Others
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