Fertility and Pregnancy Rapid Test Kits Market, By Product Type (Pregnancy Rapid Tests (Line-Indicator Devices (Strips/Dip Sticks, Mid-Stream, Cassettes), Digital), Fertility Rapid Tests (Line-Indicator, Digital)), By Test Type (LH Urine, FSH Urine, hCG Blood, hCG Urine), By Distribution Channel (Hospital Channel, Retail Channel, Online Channel), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

Published In : May 2023

Code : CMI3456

Pages :171

Formats :

Excel and PDF

Industry : Clinical Diagnostic

Market Challenges And Opportunities

Global Fertility And Pregnancy Rapid Test Kits Market – Drivers

High incidence of infertility is a major driving factor of the market

One of the main drivers of the expansion of the global market for fertility and pregnancy fast test kits over the anticipated period, is the high incidence of infertility. For instance, in August 2021, according to a study conducted by National Survey of Family Growth, in women aged 15 to 34 years, infertility rates ranged from 7.3 to 9.1%. In women ages 35 to 39 years old, the infertility rates increased to 25%. Lastly, women from ages 40 to 44 years had a 30% chance of infertility.

Global Fertility And Pregnancy Rapid Test Kits Market: Key Trends

Increasing incidence of gynecological disorders to aid in growth of the market

The increasing incidence of gynecological disorders such as polycystic ovary syndrome (PCOS), endometriosis, and other hormonal imbalances can lead to fertility issues and difficulty in getting pregnant. This has resulted in a rise in demand for fertility and pregnancy rapid test kits, as these tests can help women determine their fertility status and detect pregnancy early on. For instance, according to GLOBOCAN 2020, Gynecological cancers has annual incidence of more than 3.6 million and mortality exceeding 1.3 million, these cancers account for nearly 40% of all cancer incidence and for more than 30% of all cancer mortality in women worldwide

Global Fertility And Pregnancy Rapid Test Kits Market: Restraint

The global market for fertility and pregnancy quick test kits is anticipated to experience slow growth because to a lack of consumers in emerging nations. Despite the high rates of infertility in nations such as South Africa, Nigeria, Bangladesh, and Morocco, the global market's expansion may be limited to some extent by consumers' lack of awareness of fertility and pregnancy rapid test products as well as their inability to purchase goods because of their limited financial resources.

Global Fertility And Pregnancy Rapid Test Kits Market – Opportunities

One of the primary drivers of the fertility and pregnancy rapid test kits market is the growing awareness of family planning and the increasing prevalence of infertility. The pandemic has brought additional attention to the importance of reproductive health, as many couples are postponing pregnancy due to economic and health concerns.

Additionally, COVID-19 has disrupted the global supply chain, which has led to shortages of raw materials and components needed for manufacturing these test kits. The pandemic has also caused a surge in demand for healthcare products, including pregnancy test kits, which has resulted in supply chain challenges and increased prices.