Fertility Testing Devices Market forecast to witness phenomenal growth opportunities by 2024

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Fertility Testing Devices Market size is
projected to witness significant growth from 2017
to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Fertility Testing Devices
Market

• U.S. accounted for largest revenue share of 2016
  attributed to the increasing prevalence of the
  PCOS, growing first-time pregnancy age, and
  declining fertility rates that demands for high
  adoption of the fertility testing devices market
  products.
• Additionally, the associated benefits of the
  devices provided through the fertility awareness
  methods (FAM), and ovulation monitors boost the
  industry progress.
• India and China will witness lucrative business
  growth opportunities owing to the increasing
  funding in the development of ovulation and
  fertility monitors, intensifying focus of
  domestic as well as international companies for
  business expansion. Moreover, decrease in
  fertility rates and lifestyle disorders are the
  factors propelling the demand.

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Application of Fertility Testing Devices Market

• As per, CDC, in 2016, approximately 6.9 million
  women aged between 15-44 have used infertility
  testing services in the U.S., that accounts for
  around 11.3 and 1.0 million infertile women
  adopted the products thereby, having considerable
  upsurge in the industry growth.
• The increasing demand for monitoring of sperm
  quality, body temperature, tracking heart rate as
  well as environmental functions and air quality
  are aspects trending in the business.
• Moreover, introduction of numerous advanced
  techniques such as, sonohysterogram,
  hysteroscopy, and hysterosalpingogram is
  propelling adoption of rapid testing kits and
  devices.

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Competitive Market Share of Fertility Testing
Devices Market

• Some of the business players include Fertility
  Focus, Fairhaven Health, Church Dwight,
  Geratherm Medical, HiLin Life Products,
  Babystart, Taidoc Technology, Quidel, AccuQuik,
  Alere, bioMérieux, Abbott Laboratories, Prestige
  Brands Holdings, and Procter Gamble.
• The business players emphasis on strategic
  acquisitions, partnership, and alliances for
  growth in company development. For instance, in
  April 2014, the Prestige Brands, announced
  agreement of acquiring Insight Pharmaceuticals
  that markets and distributes feminine care as
  well as OTC healthcare products.
• This acquisition will provide the company with
  increase in the business revenue and strengthen
  its product portfolio.

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