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Global Testosterone Test Kits Market: By Sample: Saliva, Blood; By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Testosterone Test Kits Market Outlook
The global testosterone test kits market is being aided by the growing endocrine testing market, which is expected to grow at a CAGR of 7.8% in the forecast period of 2021-2026.
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Blood Testing Segment Dominates the Global Market for Testosterone Test Kits
Based on sample, the blood testing segment accounts for a major share in the industry. The growth can be attributed to the accuracy and reliability of blood testing versus salivary testing. Meanwhile, the growing preference for testing hormone levels at home before seeing a doctor is resulting in increased demand for home test kits, which, in turn, is expected to aid the saliva testing segment as these kits test saliva rather than blood. The rising demand for easier and less invasive testing procedure is expected to bode well for the saliva testing segment, however, the uncertainty regarding the accuracy of salivary testing may pose a major challenge for the manufacturers.
The Asia Pacific to Provide Significant Growth Opportunities for the Expansion of the Testosterone Test Kits Industry
North America accounts for a significant share in the industry owing to the increased awareness regarding hypogonadism among the general populace. The factors like the presence of advanced diagnostic facilities and favourable reimbursement policies have further boosted the industry growth in the region. Meanwhile, the Asia Pacific is expected to witness a significant growth over the forecast period owing to the growing awareness campaigns and the increasing government investments to improve the healthcare infrastructure in the region. Further, the presence of a large population and the growing retail industry across the region are expected to significantly contribute to the market growth in the forecast period.
Testosterone Test Kits: Industry Definition and Segmentation
Testosterone test kit is a medical kit used to perform testosterone test, which measures the level of testosterone in the patients’ blood. Testosterone is the main sex hormone in males. The decrease in testosterone levels is normal in men as they age. However, low testosterone levels can occur in men of any age due to health conditions, such as obesity, an injury, or a pituitary gland disorder, that need immediate attention and treatment. Cancer treatments can also lead to reduced testosterone levels.
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By sample, the market is bifurcated into:
- Saliva
- Blood
Based on distribution channel, the industry can be segmented into:
- Retail Pharmacies
- Hospital Pharmacies
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Emphasis on Early Diagnosis and the Increase in Sedentary Lifestyle to Bolster the Growth of the Testosterone Test Kits Industry
The testosterone test kits industry is being driven by the rising awareness regarding hypogonadism and the growing focus on early diagnosis of disorders like hormonal imbalance. The sedentary lifestyle leads to obesity and stress, which are one of the major causes of reduced testosterone levels. Thus, the growing adoption of sedentary lifestyle is also contributing to the growth of the industry. Other factors like the improving healthcare infrastructure, growing R&D investments, and escalating disposable incomes are also aiding the market growth.
Over the forecast period, the increasing demand for at-home test kits as well as rapid test kits and the growing preference for online channels are expected to further accelerate the market growth.
Key Industry Players in the Global Testosterone Test Kits Market
The report gives a detailed analysis of the following key players in the global testosterone test kits market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Aviva Systems Biology Corporation
- Neogen Corporation
- BioVision Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Testosterone Test Kits Market Analysis
8.1 Key Industry Highlights
8.2 Global Testosterone Test Kits Historical Market (2016-2020)
8.3 Global Testosterone Test Kits Market Forecast (2021-2026)
8.4 Global Testosterone Test Kits Market by Sample
8.4.1 Saliva
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Blood
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Testosterone Test Kits Market by Distribution Channel
8.5.1 Retail Pharmacies
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Hospital Pharmacies
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Online
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Testosterone Test Kits Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Aviva Systems Biology Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Neogen Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 BioVision Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Testosterone Test Kits Market: Key Industry Highlights, 2016 and 2026
2. Global Testosterone Test Kits Historical Market: Breakup by Sample (USD Billion), 2016-2020
3. Global Testosterone Test Kits Market Forecast: Breakup by Sample (USD Billion), 2021-2026
4. Global Testosterone Test Kits Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
5. Global Testosterone Test Kits Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
6. Global Testosterone Test Kits Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Testosterone Test Kits Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Testosterone Test Kits Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Testosterone Test Kits Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Testosterone Test Kits Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Testosterone Test Kits Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Testosterone Test Kits Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Testosterone Test Kits Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Testosterone Test Kits Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Testosterone Test Kits Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Testosterone Test Kits Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Testosterone Test Kits Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Testosterone Test Kits Market Structure
Key Questions Answered in the Report
The global testosterone test kits market is being driven by the rising endocrine testing market, which is projected to grow at a CAGR of 7.8% between 2021 and 2026.
The major drivers of the industry, such as the increasing focus on early diagnosis to prevent serious condition, improving healthcare infrastructure, increasing R&D investments, and rising disposable incomes, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rising demand for rapid and at-home test kits and the growing online sales.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading samples of testosterone test kits in the market are saliva and blood.
The major distribution channels in the industry are retail pharmacies, hospital pharmacies, and online, among others.
The major players in the industry are Aviva Systems Biology Corporation, Neogen Corporation, and BioVision Inc., among others.
Analyst Review
The global testosterone test kits market is being driven by the rising healthcare infrastructure and growing endocrine testing market. Aided by the growing R&D activities, the endocrine testing market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 7.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By sample, the market is divided into saliva and blood. By distribution channel, the industry is segmented into retail pharmacies, hospital pharmacies, and online, among others. The major regional markets for testosterone test kits are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Aviva Systems Biology Corporation, Neogen Corporation, and BioVision Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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