Tuesday, 02 January 2024 12:17 GMT

Ovulation Test Kits Market To Reach USD 2.95 Billion By 2032, Driven By Rising Fertility Awareness


(MENAFN- EIN Presswire)

Ovulation Test Kits Market

With a CAGR of 7.57%, the demand for ovulation test kits surges as couples seek accurate, affordable fertility tracking solutions.

AUSTIN, TX, UNITED STATES, February 7, 2025 /EINPresswire / -- According to Research by SNS Insider, The Ovulation Test Kits market was valued at USD 1.53 billion in 2023 and is projected to reach USD 2.95 billion by 2032, growing at a CAGR of 7.57% during the forecast period 2024-2032. The growth of the market is due to factors such as growing awareness about reproductive health, an increasing number of patients suffering from infertility problems, and growing demand for home-based testing solutions. Technological advancements, such as digital ovulation test kits and smartphone-connected fertility monitors, are enhancing user convenience and accuracy.

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Key Players in Ovulation Test Kits Market
.Runbio Biotech Co. Ltd.
.Swiss Precision Diagnostics GmbH
.PREGMATE
.Proov
.Fairhaven Health
.Easy@Home Fertility
.Accuquik
.Wondfo Biotech
.Piramal Healthcare
.NecLife and others Players

By Product, Urine Ovulation Test segment led the Ovulation Test Kits Market, capturing a 47.2% share in 2023.

These kits are widely preferred due to their affordability, ease of use, and availability in pharmacies and online platforms. The growing preference for home-based fertility tracking solutions has bolstered the demand for urine-based ovulation test kits.

The Digital Ovulation Test segment is predicted to grow with a high growth rate during the forecast period. These tests offer higher accuracy and ease of interpretation through digital displays, eliminating the uncertainty associated with traditional test strips. This segment is expanding most rapidly due to growing consumer inclination for health monitoring by tech.

By Distribution Channel, Pharmacies and Drugstores led to the largest market share of 38.9% in 2023.

These stores provide expert assistance in buying ovulation test kits for consumers, which is why they prefer buying from them because they also have an option to compare different brands physically before purchase. Increasing penetration of e-commerce platforms along with the rising demand for convenience and discreet nature of e-commerce to purchase pet products is propelling the e-commerce industry as a burgeoning distribution channel. In a door-to-door scenario, vendors from Amazon and Walmart to specialized fertility e-commerce stores are experiencing a sales uptick with more product offerings.

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Ovulation Test Kits Market Segmentation

By Product
.Urine Ovulation Test
.Test Strip Type
.Cassette Type
.Midstream Type
.Digital Ovulation Test
.Saliva Ovulation Test

By Distribution Channel
.Hypermarkets and Supermarkets
.E-Commerce
.Pharmacies and Drugstores

North America was the largest regional market for Ovulation Test Kits with a 40.2% of the global market share in 2023.

This growth is due to the combination of high consumer awareness, deep reach of digitally driven ovulation-based products, and high penetration of key market players providing advanced fertility-tracking technologies through their products, thereby making North America the leading region of the global fertility-tracking market.

The rapid rise in infertility rates, growing disposable income to spend on reproductive health, and increasing awareness have made the APAC region the fastest growing over the forecast period. Ovulation test kits are gaining traction in countries like China, India, and Japan via online retail outlets and pharmacy chains. Increased awareness of fertility, as well as rising adoption of home care diagnostic kits, is further driving the growth of the market in the region along with government initiatives. With increasing consumer awareness, technological advancements, and evolving retail landscapes, the Ovulation Test Kits Market is poised for sustained growth, offering significant opportunities for industry players in the coming years.

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.