Egypt Fertility Testing Devices Market to be Dominated by Over The Counter (OTC) Segment by 2028
Growing technological advancement in
fertility testing devices is expected to drive the Egypt Fertility Testing
Devices Market in the forecast period 2024-2028.
According to TechSci
Research report, “Egypt Fertility Testing Devices Market – By Region,
Competition, Forecast and Opportunities,2018-2028F”, the Egypt Fertility
Testing Devices Market is anticipated to grow at a steady rate in the forecast
period 2024-2028. The market for general surgical devices is anticipated
to be driven by the growing availability of fertility testing devices in the
market. Additionally, growing awareness about infertility issues is creating
more demand for fertility testing devices for pre-diagnosis of any complication
that could arise in fertility.
According to the United Nations Population Fund
(UNFPA), the 20-29 age group accounts for 57%-58% of the overall fertility
levels in 2017 and 2018. In 2018, the
20-24 years old age group grew to equate to the following age group.
Additionally, the fertility rates in the governorates of Matrouh, Cairo, and
Alexandria increased in 2018 compared to 2014. TFR climbed in Cairo from
2.60 to 2.85 and Alexandria from 2.2 to 2.7 in the same years from 2014 to 2018,
whereas TFR in Matrouh increased from 4.8 in 2014 to 7.0 in 2018.
Infertility is becoming
more prevalent globally, with factors such as lifestyle changes, environmental
factors, and medical conditions contributing to the rise in infertility rates.
This is driving the demand for fertility testing devices to help couples
identify fertility issues and seek appropriate treatments.
Also, rising government
support in overcoming infertility by various measures including a range of
family planning and reproductive health services and fertility testing and
counseling are bolstering the fertility testing devices market growth and is
expected to increase in the forecast period. Ministry of Planning, Monitoring
and Administrative Reform (MoPMAR) avails the required data for this study
which is critical for monitoring and enhancing the national strategy/ program
for population and development in Egypt, at both National and Governorate
levels.
The availability of over The
counter (OTC) fertility testing devices and prescription-based devices is
influencing the fertility testing devices market growth. Prescription-based
fertility testing devices are medical tools that are only available with a
prescription from a healthcare provider. These devices are typically used by
individuals who are experiencing fertility issues and are seeking medical
assistance to improve their chances of conceiving. For instance, using hysterosalpingogram
(HSG), a type of imaging test, can assist in evaluating uterus and fallopian
tubes for any structural abnormalities that may be impacting fertility.
Egyptian manufacturing
companies have been investing in local production of fertility testing devices,
including fertility testing kits, ovulation tests, pregnancy tests, and
fertility monitors, which are widely used by individuals and healthcare. Moreover,
collaboration with international companies has increased the opportunities for the
Egypt market, along with the local Egyptian medical device companies to bring
new technologies and devices to the Egyptian market.
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Furthermore, the Egyptian
government has introduced regulatory reforms to improve the quality and safety
of fertility testing devices usage in the country, ultimately boosting investor
confidence in the industry.
Based on end user, the
market is segmented into hospitals, fertility clinics, and home care settings.
The home care settings segment is dominating the market in 2022 and is expected
to hold the highest market share in the forecast period. The home care settings
provide the user a private environment and comfort for fertility testing
available at the patient’s own home. Also, e-commerce is aiding in the
efficient delivery of fertility testing devices including fertility testing
kits at the doorstep on demand, thereby supporting the market growth.
Based on mode of purchase,
the market is segmented into over the counter (OTC) and prescription based. The
Over the counter (OTC) segment dominated in 2022 and is expected to hold the
highest share in the forecast period. This is due to the many benefits offered
by the private use of fertility testing devices such as self-monitoring of
healthcare conditions, rising preference of confidential testing, and ease in
accessibility of test. It is therefore expected to propel the Egypt Fertility
Testing Devices market in the forecast period.
Major companies operating
in the Egypt Fertility Testing Devices Market are:
- Roche Diagnostics
- Clearblue
- Fairhaven Health
- AdvaCare Pharma
- Zimmer Biomet
- Conmed Corporation
- Boston Scientific
- GE Healthcare
Companies operating in
the market are continuously innovating tools to improve image quality and creating
specialized clinical tools to help the patients see more anatomical detail with
greater certainty, further enabling them to provide the best possible patient
care, to stay competitive, and have an edge over other players operating in the
industry.
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“The ovulation prediction
kits are expected to dominate the Egypt Fertility Testing Devices Market, on
account of increasing demand of ovulation prediction kits and easy availability
and accessibility of these kits. Besides,
advancements in technology utilize sophisticated algorithms and sensors to
track fertility markers and provide personalized insights into an individual's
fertility status. Thus, the rising awareness and increased availability for
affordable reproductive health services in the country is influencing to
support the market growth in the region” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Egypt
Fertility Testing Devices Market, By Product Type (Ovulation Prediction Kits,
Fertility Monitors (Urine-based Ovulation Test, Saliva-based Ovulation Test),
Male Fertility Testing Products), By Application (Female Fertility Testing, Male
Fertility Testing), By Mode of Purchase (OTC, Prescription-based), By End User
(Hospitals, Fertility Clinics, Home Care Settings), By Region, Competition
Forecast & Opportunities, 2028F”, has evaluated the future growth potential of Egypt fertility
testing devices market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Egypt fertility
testing devices market.
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