Ovulation Test Market Size
Ovulation Test market size was USD 3.76 billion in 2021 and projected to grow from USD 4.1 billion in 2023 to USD 6.2 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period.
Ovulation is a part of menstrual cycle and exist for 14 days before the onset of periods. Ovulation includes the release of an egg from an ovary which enters the fallopian tubes and travels to the uterus. The chances of getting pregnant are high with the presence of sperms in fallopian tubes during ovulation period. Ovulation Tests assist in detection of luteinizing hormones which exceed in the urine before ovulation. This test is used by women to determine the fertile period in the menstrual cycle. Ovulation Testing can be performed in clinics or can be done at the comfort of home using kits. Testing requires either urine sample or saliva.
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Market Highlights
Ovulation Test market is expected to reach USD 6.2 billion, growing at a CAGR of 4.7 % during forecast period owing to the rising awareness of fertility testing which is expected to boost the growth of the market during the forecast period. The Ovulation Test assists in finding out the ovulation time periods and peak fertility which can help in achieving fruitful results. Ovulation tests are commercially available in several forms like ovulation predictor test, ultrasound monitoring, basal body temperature chart, progesterone level etc. Testing kits even detect rising luteinizing hormones or oestrogen in the sample.
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Ovulation Test Market Segmentation:
Urine Based Ovulation Test segment is expected to dominate in the forecast period
Ovulation Test Market is classified based on the Test Type into Urine Based Ovulation Test, Saliva Based Ovulation Test, and Others. Urine Based Ovulation Test segment is expected to dominate market during the forecast period owing to the accuracy level. The urine-based tests can even recognize the presence of HCG which indicates pregnancy. The level of hormones present can be determined through the urine test and is expected to boost the growth of the market.
Home care segment is expected to dominate the market in the forecast period
Ovulation Test Market is classified based on the End users into Hospitals, clinics, diagnostic centres, fertility centres, home care, and others. Home Care segment is expected to dominate the market in the forecast period due to the rising demand for home testing as the kits are easily available, user-friendly, hassle-free and increasing preference for the confidentiality is boosting the segment growth.
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Market Dynamics:
Growth Drivers
Rising Fertility Issues May Boost the Growth of the Market
The age of first-time pregnancy is increasing, and the growing women reproductive age requires the necessity of ovulation testing for tracking the fertile period and it is expected to boost the growth of the market. The rising issues related to gynaecology are creating a demand for the growth of the Ovulation Testing Market. Due to the changing lifestyle and alterations in preference of postponing first-time pregnancy, the average age of conceiving has increased and is leading to the growth of the ovulation testing market. The fact of women becoming independent and preferring to avoid giving birth as teenagers is expected to boost the market growth.
Increasing Awareness on Planning a Pregnancy is Expected to Boost the Growth of the Market
The awareness regarding planning pregnancy has increased with the intention of maintaining healthy pregnancy, so the necessity of ovulation testing has increased to determine the fertile period and is assisting in the growth of the market. The rising trend of home testing and easy availability of ovulation testing kits through e-commerce websites are boosting the growth of the market.
Restraint
High Cost of Ovulation Test Kits May Hamper the Market Growth
The high cost of Ovulation Testing Kits is high, and the precision of the Ovulation Testing kits is less which may restrain the growth of the market. The high prices of Ovulation Testing kits depend upon the brand value which can hamper the growth of the market.
Recent Developments:
- In September 2022, NFI Consumer Healthcare, completed acquisition of e.p.t OTC pregnancy.
- In February 2019, Callitas Health Inc declared that it has revised and enlarged its original agreement with NFI Consumer Healthcare.
Ovulation Test Market Key Players Covered:
- First Response
- Prestige Brands
- Fairhaven Health
- Fertility Focus Limited
- Cyclotest
- Visiomed
- RunBio
- PRIMA Lab
- HiLin Life Products Inc.
- Wondfo
- Clinical Guard
- Church & Dwight Co. Inc.
- BlueCross
- Clearblue
- Lobeck Medical
- Easy@Home
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Regional Analysis
Ovulation Test Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America region dominated the Ovulation Test Market in 2021 as there is an increased usage of the ovulation kits owing to their planned pregnancies. The adoption of digital ovulation test kits and the increasing fertility issues are contributing to the growth of ovulation testing market. The demand for the ovulation kits at cheaper rates and better output are expected to drive the market growth. Asia-Pacific is expected to dominate the market during the forecast period owing to the rising issues of fertility due to lifestyle disorders in this region.
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Impact of Covid-19 on Ovulation Test Market
The COVID-19 outbreak had resulted in the economic downfall. Several countries had imposed lockdowns and travel bans to control coronavirus spread. Covid-19 has affected several industries and led to shutdown of many business activities. Healthcare sector was benefitted by COVID-19. There has been rise in the pregnancy rates during the pandemic and the necessity of the ovulation test kits has increased. The ovulation test market had positive impact during the -covid-19 situation.
Ovulation Test Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Ovulation Test Market Scope and Segments:
|
ATTRIBUTE |
DETAILS |
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Study Period |
2018-2032 |
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Base Year |
2022 |
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Forecast Period |
2022-2032 |
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Historical Period |
2019-2021 |
|
Growth Rate |
CAGR of 4.7% from 2022-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
Main Segments List |
|
Type |
|
|
Test Type |
|
|
End User |
|
|
By Region |
|
Frequently Asked Questions (FAQ):
Ovulation Test Market size was estimated at USD 3.76 billion in 2021 and is expected to reach USD 6.2 billion in 2032.
Ovulation is a part of menstrual cycle and exist for 14 days before the onset of periods. Ovulation includes the release of an egg from an ovary which enters the fallopian tubes and travels to the uterus. The chances of getting pregnant are high with the presence of sperms in fallopian tubes during ovulation period.
Urine Based Ovulation and Home Care segment accounted for the largest Ovulation Test market share.
Key players: First Response, Prestige Brands, Fairhaven Health, Fertility Focus Limited, Cyclotest, Visiomed, RunBio, PRIMA Lab, HiLin Life Products Inc., Wondfo, Clinical Guard, Church & Dwight Co. Inc., BlueCross, Clearblue, Lobeck Medical, Easy@Home and Other Prominent Players are the key players in the Ovulation Test Market.
Rising Fertility Issues and increasing Awareness on Planning a Pregnancy are the factors driving the Ovulation Test market.
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