Attractive Opportunities in Ovulation Test Market by Type and Geography - Forecast and Analysis 2022-2026

Attractive Opportunities in Ovulation Test Market by Type and Geography - Forecast and Analysis 2022-2026

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NEW YORK, Dec. 3, 2021 /PRNewswire/ -- The ovulation test market is fragmented, and the vendors are using various organic and inorganic growth strategies to compete in the market. The ovulation test market is expected to grow by USD 178.68 mn from 2021 to 2026, according to Technavio.

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Key Market Participants Analysis

  • Accumed Biotech Technologies LLC. - The company offers AccuMed One Step LH Ovulation Test Strips.
  • AdvaCare International - The company offers AccuQuik test kits.
  • Church and Dwight Co. Inc - The company offers ovulation tests under its brand First Response with the product Ovulation Plus Pregnancy Test.

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Ovulation Test Market 2022-2026: Segmentation

  • Type
    • Coloration Ovulation Test
    • Digital Ovulation Test
  • Geography
    • North America
    • Europe
    • Asia
    • ROW

Based on segmentation by type, the market growth share of the coloration ovulation test segment is expected to be significant during the forecast period. These kits are economical and consumer-friendly when compared to digital ovulation test kits. The rising number of couples that are trying to conceive is the major driver for the growth of the coloration ovulation kit market.

Based on segmentation by geography, 35% of the market's growth is excepted originate from Asia during the forecast period. China is the key country for the ovulation tests market in Asia. Market growth in this region will be faster than the growth of the market in regions. The rising age of pregnancy among women will drive the ovulation test market growth in Asia during the forecast period.

Drivers and Challenges

Ovulation tests are used to monitor the menstrual cycle of women to find the best days to conceive. Monitoring ovulation raises the chance of pregnancy among women above the age of 30 years. The ovulation test market is driven by the rising age of pregnancy among women, increasing demand for home testing devices, and easy availability of ovulation kits.

Factors such as highly expensive ovulation test kits may impede market growth. In developing countries, the high price of ovulation test kits discourages people from buying them.

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Ovulation Test Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.99%

Market growth 2022-2026

USD 178.68 million

Market structure

Fragmented

YoY growth (%)

3.54

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

Asia at 35%

Key consumer countries

US, Germany, UK, Canada, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accumed Biotech Technologies LLC. , AdvaCare International, Church and Dwight Co. Inc., Fairhaven Health LLC, Fertility Focus Ltd., Geratherm Medical AG, Nectar Lifesciences Ltd., Philippine Blue Cross Biotech Corp., Swiss Precision Diagnostics GmbH, and UEBE Medical GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

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SOURCE Technavio

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