Ovulation Test Market By Product (Urine Ovulation Test, Digital Ovulation Test), Distribution Channel (Pharmacies And Drugstores, E-Commerce,), & Region for 2024-2031
Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Ovulation Test Market By Product (Urine Ovulation Test, Digital Ovulation Test), Distribution Channel (Pharmacies And Drugstores, E-Commerce,), & Region for 2024-2031
Ovulation Test Market Valuation – 2024-2031
The increasing need to sustain pregnancies, especially for women dealing with health issues or age-related factors is propelling the global market for ovulation test kits. Thus, Rising consumer awareness about women’s health and increasing purchasing power are two significant factors that are expected to drive the market size to surpass USD 4.71 Billion in 2024 to reach a valuation of around USD 6.37 Billion by 2031.
In addition to this, growing government initiatives to improve women’s health through various awareness and healthcare programs bolster the growth of the market. Ovulation test kits are user-friendly and require minimal setup effort while providing highly accurate results enabling the market to grow at a CAGR of 3.8% from 2024 to 2031.
Ovulation Test MarketDefinition/ Overview
Ovulation tests, also known as ovulation predictor kits (OPKs), are diagnostic tools used by women to predict the most fertile days in their menstrual cycle. These tests detect the surge in luteinizing hormone (LH) levels, which typically occurs 24-48 hours before ovulation. By identifying this surge, women can pinpoint their most fertile window, maximizing their chances of conception.
The primary application of ovulation tests is in aiding women who are trying to conceive. By identifying the LH surge, these tests can help women determine the best time to have intercourse for conception. Additionally, ovulation tests are also used by women who wish to monitor their menstrual cycles for various reasons, such as tracking ovulation for contraception purposes or monitoring hormonal health.
Continued advancements in technology may lead to the development of more accurate and user-friendly ovulation tests. This could involve the integration of digital technology, such as smartphone apps or Bluetooth connectivity, to provide real-time tracking and analysis of fertility data.
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How will the Rising Prevalence of Polycystic Ovary Syndrome (PCOS) Increase the Adoption of Ovulation Tests?
Increasing rates of polycystic ovary syndrome (PCOS) and hormonal disorders in women of reproductive age are propelling the market demand. Women with PCOS often face challenges when trying to conceive due to irregular ovulation. Ovulation tests can help them pinpoint their fertile window more accurately, increasing their chances of successful conception. This drives the demand for ovulation tests among women with PCOS who are actively trying to get pregnant.
The increasing demand for ovulation tests driven by IVF procedures and delayed pregnancy onset presents opportunities for market expansion and innovation. Manufacturers may develop specialized ovulation tests tailored to the unique needs of IVF patients, such as high-sensitivity tests optimized for precise fertility tracking during assisted reproductive cycles, enabling boosting growth in the forecast period.
Rising demand for home testing equipment and ongoing product development efforts attributed to the growth of the market. With the ease of access to these devices through e-commerce platforms, pharmacies, and brick-and-mortar retail outlets, there is a growing demand that has led to a surge in sales of home testing devices. Many companies are engaging in strategic partnerships to cater to the needs of women. For instance, in February 2019, to distribute jointly branded products, including NFI’s e.p.t Numeric, which is the top Counter (OTC) digital ovulation test kit in the United States.
Will Lesser Precision of Ovulation Prediction Kits Restrain Its Application?
Ovulation prediction kits measure the luteinizing hormone surge 24-36 hours before ovulation, but they cannot accurately confirm ovulation due to conditions like luteinized unruptured follicle syndrome. Urinary LH measurement only predicts the onset of ovulation and does not determine the date of ovulation or anovulation. These kits also do not identify other important ovulation signs, work when fertility drugs are present, and do not function for women in their 40s.
Ovulation tests may not be readily accessible to all individuals, particularly those living in remote or underserved areas with limited access to healthcare resources. Additionally, cultural or societal factors may contribute to stigma or taboo surrounding fertility-related issues, further limiting access to ovulation tests for certain populations, which may hinder market growth.
In addition to this, societal trends such as delaying childbirth, changes in family planning preferences, and lifestyle factors like stress and environmental influences can impact fertility patterns. These factors may influence the demand for ovulation tests and restrain market growth
Furthermore, ovulation tests are a popular method of fertility tracking, but they are not the only option available. Alternative methods such as basal body temperature charting, cervical mucus monitoring, and fertility awareness methods may offer more affordable or accessible alternatives for some individuals. The availability of alternative methods can restrain the growth of the ovulation test market by providing consumers with additional options for tracking ovulation.
Category-Wise Acumens
Will Rise in Use of Urine Ovulation Test Drive the Market Growth?
The growing trend of patients towards self-monitoring of their medical conditions can be attributed to the easy accessibility and user-friendliness of at-home testing equipment. For example, many companies now offer ovulation prediction kits that are specifically designed for home use. These kits enable individuals to check for the presence of ovulation-related hormones in saliva or urine, which is expected to increase the demand for urine ovulation test during the forecast period.
Urine ovulation tests are generally more affordable compared to other methods of fertility tracking, such as ultrasound monitoring or blood tests for hormone levels. The relatively low cost makes them accessible to a broader range of consumers, driving demand and market growth.
Rising Awareness of fertility tracking and reproductive health management increases, more women are turning to urine ovulation tests as a tool for optimizing their chances of conception. Educational initiatives and marketing campaigns focused on fertility awareness and ovulation tracking can further drive market growth by informing consumers about the benefits of urine ovulation tests.
Which Factors Enhance the Ovulation Tests Sales Growth in Pharmacies And Drugstores?
Pharmacies and drugstores are projected to dominate the global market. Major ovulation test manufacturers often prioritize distribution through pharmacies and drugstores due to the high visibility and brand recognition associated with these retail channels. Consumers are more likely to trust and purchase ovulation tests from well-established pharmacy brands, contributing to the dominance of this distribution segment in the market.
Pharmacies and drugstores typically employ trained staff who can provide guidance and assistance to customers seeking ovulation tests. This personal interaction with knowledgeable healthcare professionals can help consumers make informed decisions about which products best suit their needs, increasing confidence in the reliability and effectiveness of the tests.
Pharmacies and drugstores are subject to regulatory standards and quality control measures, ensuring that the ovulation tests sold in these establishments meet stringent safety and efficacy requirements. Consumers may feel more confident purchasing ovulation tests from regulated pharmacies and drugstores, knowing that the products have undergone rigorous testing and approval processes which enables the growth of the market
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Country/Region-wise Acumens
Will Adoption of Technological Advancement in North America Mature Ovulation Test Market?
There is a growing demand for ovulation test kits, primarily because of the availability of advanced features like Bluetooth connectivity and smart countdown functions. In the United States, the increase in unit sales of these kits is also due to the presence of a working-class population who often have limited time to visit a healthcare provider. This factor further enhances the regional market.
Furthermore, manufacturers in North America are now focused on development. New products offer improved performance at a lower cost, while remaining simple and reliable. Industry leaders are diversifying their product portfolios by collaborating and forming partnerships within the region.
The ovulation test market in North America is regulated by stringent standards set by health authorities such as the Food and Drug Administration (FDA) in the United States and Health Canada. Compliance with these regulations ensures the safety and efficacy of ovulation tests sold in the region, enhancing consumer confidence. Also, the diversity and vast workforce in North America in the prevalent and emerging organizations in industrialized countries like the U.S., and Canada are necessitating advanced timekeeping solutions catering to various industries, employee types, and complex work arrangements.
Furthermore, Academic institutions, research organizations, and advocacy groups in North America actively promote research and education about fertility and reproductive health. This fosters greater awareness and understanding of ovulation testing methods, contributing to market growth
Will Rising Investments in Fertility and Ovulation Monitoring in the Asia Pacific Raise the Market of Ovulation Tests?
Asia Pacific is anticipated to register the fastest-growing segment over the forecast period. Rising investments in the development of fertility and ovulation monitors contribute to the expansion of the ovulation test kit market. Technological advancements and innovations in ovulation testing methods make these products more accurate, user-friendly, and affordable, driving demand in the region.
The rising disposable incomes in many countries of the Asia Pacific region enable individuals and couples to afford fertility-related products and services, including ovulation test kits. Higher purchasing power drives market growth as more consumers are willing to invest in their reproductive health. At the forefront, the availability of local vendors offering competitive pricing cloud-based solutions increases the accessibility and availability of Ovulation Test to businesses of all sizes, driving wider adoption.
Continuous advancements in ovulation testing methods, such as digital ovulation monitors and smartphone apps, enhance the accuracy and usability of these products. These advancements attract more consumers to ovulation test kits, further driving market expansion.
Competitive Landscape
The ovulation test market is a growing field driven by factors like the rising female population in reproductive years and delayed childbearing. The market size is estimated at around $2.5 billion, with urine-based tests leading the way due to their accuracy and ability to detect pregnancy hormones. Major players include established companies but there’s also space for new entrants, particularly with digital test kits gaining traction. This creates a dynamic competitive landscape where innovation and brand recognition are key to success. Some of the prominent players operating in the ovulation test market include
- Swiss Precision Diagnostics GmbH
- Prestige Consumer Healthcare Inc.
- Fairhaven Health LLC
- Geratherm Medical AG
- Piramal Enterprises Ltd
- NecLife
- Proov
- Easy@Home Fertility
- Ro
- Wondfo
- Accuquik
- PREGMATE
- Runbio Biotech Co. Ltd.
- Hilin Life Products
- Church & Dwight Co. Inc.
Latest Developments
- In September 2023, Prega News, India’s top pregnancy detection card with the largest market share, announced new items. The Ova News Ovulation Detection Kit helps women monitor their ovulation cycles.
- In June 2021, BioMérieux now provide unique diagnostics, including the REVEAL quick AST system, across Europe, expanding the market for quick testing kits.
- In April 2021, Clearblue and actress Jordana Brewster collaborated and launched the Real Talk with Conceiving Hood Campaign to raise awareness about women’s reproductive challenges.
Report Scope
REPORT ATTRIBUTES | DETAILS |
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Study Period | 2021-2031 |
Growth Rate | CAGR of ~3.8% from 2024 to 2031 |
Base Year for Valuation | 2024 |
Historical Period | 2021-2023 |
Forecast Period | 2024-2031 |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
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Regions Covered |
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Key Players | Swiss Precision Diagnostics GmbH, Prestige Consumer Healthcare Inc., Fairhaven Health LLC, Geratherm Medical AG, Piramal Enterprises Ltd, NecLife, Proov, Easy@Home Fertility, Ro, Wondfo, Accuquik, PREGMATE, Runbio Biotech Co. Ltd., Hilin Life Products, Church & Dwight Co. Inc. |
Customization | Report customization along with purchase available upon request |
Ovulation Test Market, By Category
Product
- Urine Ovulation Test
- Test Strip Type
- Cassette Type
- Midstream Type
- Digital Ovulation Test
- Saliva Ovulation Test
Distribution Channel
- Pharmacies and Drugstores
- Hypermarkets and Supermarkets
- E-commerce
Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support
Customization of the Report
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