The new report by Expert Market Research titled, ‘Global Testosterone Test Kits Market Report and Forecast 2021-2026’, gives an in-depth analysis of the Global Testosterone Test Kits Market, assessing the market based on its segments like sample, distribution channel, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 8%

The testosterone test kits industry is being driven by raising awareness of hypogonadism and an increasing emphasis on early detection of conditions such as hormone imbalance. The sedentary lifestyle contributes to obesity and fatigue, which are one of the primary causes of lowered levels of testosterone. Therefore, the increasing embrace of a sedentary lifestyle also contributes to the industry's growth. Business growth is also helped by other causes, such as expanding healthcare facilities, increasing R&D investments, and increasing disposable incomes.

Industry Definition and Major Segments

Testosterone kit is a medical kit used to perform testosterone test, which measures the level of testosterone in the patient’s blood. Testosterone is the key sex hormone in males. The decline in testosterone levels in men as they age is common. Low levels of testosterone, however, can occur in men of any age due to health problems that require urgent care and attention, such as obesity, illness, or pituitary gland dysfunction. Treatments for cancer can also lead to decreased levels of testosterone.

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On the basis of sample, the industry is bifurcated into:

• Saliva
• Blood

On the basis of distribution channel, the market is segmented into:

• Hospital Pharmacies
• Drugstores
• E-Commerce
• Others

The regional markets for testosterone test kits include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

 

Market Trends

Increasing demand for fast and at-home test kits and increasing online sales are the key market trends that guide the industry's growth.

According to research, close to one-third of all men over the age of 75 have lower than normal levels of testosterone. However, in men of any age, low levels of testosterone can occur. Testosterone levels can be lowered by an underlying health problem such as obesity, a pituitary gland disorder, or an injury. Treatments for cancer may be a cause, too.

Key Market Players

The major players in the market are Aviva Systems Biology Corporation, Neogen Corporation, BioVision Inc., and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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