Why Is Female Fertility and Pregnancy Rapid Test Market Advancing with Rising Awareness?

At this rate, the market size is expected to reach $489.3 million by 2022.
 
ALISO VIEJO, Calif. - Feb. 8, 2022 - PRLog -- A number of factors, such as the surging prevalence of uterine malformations, growing aging female population, rising adoption of at-home diagnostic testing devices, increasing number of infertility cases, and growing awareness about pregnancy and fertility among females, are projected to boost the growth of the female fertility and pregnancy rapid test market at a CAGR of 4.5% in the forecast period (2016–2022).

The primary factor improving the female fertility and pregnancy rapid test market growth prospects is the increasing adoption of at-home diagnostic testing devices. These devices are cost-effective and easy-to-use for patients in their homes, which saves them from opting for laboratory tests. Moreover, the increasing healthcare expenditure across the world is fueling the demand for these devices, as the rising spending provides access to improved medical treatments to patients. Further, the introduction of diagnostic products with advanced features is projected to improve the market growth.

Browse In-depth Female Fertility and Pregnancy Rapid Test Market Research Report (https://www.psmarketresearch.com/market-analysis/fertilit...)

Another key factor driving the demand for female fertility and pregnancy rapid test devices is the growing aging female population across the globe. The aged female population is more prone to a range of hormonal illnesses, such as fibroids, abnormal uterine bleeding, and polyps. To detect these disorders, fertility and pregnancy rapid testing devices are required in large numbers. Also, older women often have the problem of an irregular menstrual cycle. Owing to these factors, the market is projected to witness significant growth in the forecast period.

Thus, the increasing adoption of at-home diagnostic testing devices and the growing aging female population are expected to propel the growth of the market during the forecast period.

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Tags:Female Fertility
Industry:Business
Location:Aliso Viejo - California - United States
Subject:Reports
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Page Updated Last on: Feb 08, 2022
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