Inside the Fertility Test Market: Major Mergers, Acquisitions, and Product Launches

Global Fertility Test Market Analysis Report is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2022-2032). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Fertility Test Market. Some of the key players profiled in the study are Abbott Laboratories, Hilin Life Products, Fertility Focus, UEBE Medical, Quidel Corporation, Prestige Consumer Healthcare (Prestige Brands Holdings), AdvaCare Pharma, Fairhaven Health, Church & Dwight, Geratherm Medical.

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Fertility Test Market Statistics: Global Fertility Test Market size was valued at $0.42 billion in 2020, and is projected to reach $0.84 billion by 2028, registering a CAGR of 7.8%.

Fertility Test Market Growth Drivers:

Increasing Prevalence of Infertility: A rising incidence of infertility issues among couples is a significant driver. Factors such as delayed childbearing, lifestyle choices, and underlying health conditions contribute to this trend, leading to a greater demand for fertility testing and related services.

Technological Advancements: The development of advanced fertility testing technologies, such as at-home fertility kits, improved laboratory diagnostics, and digital tracking, has made fertility testing more accessible and accurate. These technological advances often attract more users due to their convenience and effectiveness.

Aging Population: With more individuals choosing to start families later in life, there is an increased likelihood of encountering fertility issues. This demographic shift fuels demand for fertility testing and related services.

Rise in Lifestyle-Related Factors: Lifestyle factors, such as stress, obesity, and irregular sleep patterns, can impact fertility. As awareness of the link between lifestyle and fertility grows, individuals are turning to fertility tests to understand and address potential issues.

Accessibility of Over-the-Counter (OTC) Tests: The availability of over-the-counter fertility tests in pharmacies and online platforms has made fertility testing more accessible. Easy access to these tests without the need for a prescription contributes to increased adoption.

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The segments and sub-section of Fertility Test market is shown below:

By Product: Ovulation Prediction Kits, Fertility Monitors, Urine-based Ovulation Test Kits, Saliva-based Ovulation Test Kits, Other Fertility Monitors, Male Fertility Test Kits

By Mode of Purchase: OTC-based, Prescription-based

By Application: Female Fertility Testing, Male Fertility Testing

By End User: Home Care Settings, Fertility Clinics

Some of the key players involved in the Market are: Abbott Laboratories, Hilin Life Products, Fertility Focus, UEBE Medical, Quidel Corporation, Prestige Consumer Healthcare (Prestige Brands Holdings), AdvaCare Pharma, Fairhaven Health, Church & Dwight, Geratherm Medical.

Important years considered in the Fertility Test study:

Historical year – 2017-2022; Base year – 2023; Forecast period** – 2022 to 2032 [** unless otherwise stated]

If opting for the Global version of Fertility Test Market; then below country analysis would be included:

– North America (USA, Canada and Mexico)

– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)

– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)

– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)

– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

Major Merger & Acquisition in Fertility Test Market:

Quidel’s Acquisition of Alere: In 2017, Quidel Corporation, known for its diagnostic healthcare products, acquired Alere’s Triage B-type natriuretic peptide (BNP) assay business and other immunoassay-based diagnostic products. Although not directly tied to fertility test kits, Alere’s product portfolio included diagnostic tests related to reproductive health, making it a notable acquisition in the diagnostic space.

BioReference Laboratories’ Acquisition of PWNHealth: In 2020, BioReference Laboratories acquired PWNHealth, a telehealth platform. This acquisition is significant because it provides a broader scope for offering at-home diagnostic testing, including fertility test kits, with integrated telehealth services. This move indicated a trend toward more comprehensive services in the at-home health testing industry.

Thermo Fisher Scientific’s Acquisition of QIAGEN: Although the deal fell through in 2020, Thermo Fisher’s attempt to acquire QIAGEN, a leading provider of sample and assay technologies, had potential implications for the fertility testing market. If successful, it could have led to an expansion in Thermo Fisher’s diagnostic capabilities, impacting the broader landscape of fertility and reproductive health testing.

Modern Fertility’s Acquisition by Ro: In 2021, Ro, a direct-to-patient healthcare platform, acquired Modern Fertility, an at-home fertility test startup. This acquisition aimed to expand Ro’s healthcare services to include women’s reproductive health and fertility testing. The deal highlighted a growing interest in integrating fertility test kits with broader healthcare offerings.

Mira Fertility’s Funding Rounds and Expansion: While not a traditional M&A, Mira Fertility’s successive funding rounds (including a $6 million Series A in 2020) are noteworthy as they signify growth and expansion in the fertility testing industry. Mira’s focus on personalized at-home fertility tracking has garnered considerable interest from investors, signaling a shift toward more personalized and technology-driven solutions.

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