The most visible and important Artificial Reproductive and Technology (ART) specific regulation that has been developed in the United States is the Fertility Clinic Success Rate and Certification Act of 1992 (FCSRCA). This law requires that “each ART program shall annually report to the Secretary through the Centers for Disease Control and Prevention (CDC) pregnancy success rates achieved by such program through each assisted reproductive technology and the identity of each embryo laboratory used by such program, and whether the laboratory is certified or has applied for such certification.”
The article cited AMA's "Global Fertility Test Market Study" explored CAGR of 8.0%. Increasing Age of First Time Pregnancies Leading To Increased Risk of Infertility
is also expected to contribute significantly to the Fertility Test market growth. Overall, Hospitals
applications of Fertility Test, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Mode of Purchase, such as Non-Prescription/OTC-Based, is boosting the Fertility Test market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Fertility Test market identified that the demand is rising in many different parts of the world as "Increasing Obesity Worldwide Causing Declining Fertility Rates
". Furthermore, some recent industry insights like "In January 2022, Kindbody, a leading fertility and family-building care company, today announced the launch of Kind at Home, its consumer products division to support people across their entire reproductive journey, beginning with simple-to-use at-home fertility hormone tests for both women and men. The Kind at Home fertility test kit provides consumers comprehensive information about their fertility status from the convenience of home with personalized recommendations by Kindbody physicians that can be carried to the patient's virtual or in-person clinic appointment." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Fertility Test market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fertility Test market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Fertility Test market size is calculated using market estimation process, the Fertility Test market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fertility Test market size has been validated using both top-down and bottom-up approaches.