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Testosterone Test Kits Market To Witness Considerable Growth, Owing To The Increase In Chronic Diseases And Other Dysfunctions

Published on: 19 August 2019

Testosterone in male plays an essential part in the sexual orientation and reproduction says, “Fortune Business Insights in a report Testosterone Test Kits Market Size, Share and Global Trend By Sample (Blood, Saliva), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy) And Geography Forecast Till 2026”. out of every four men in their 30’s, one suffers from low-level testosterone.

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Some of the major companies that are present in the Global Testosterone Test Kits Market

  • BioVision
  • Aviva Systems Biology
  • Novus Biologicals LLC
  • Enzo Life Sciences, Inc.
  • Eaglebio
  • Neogen Corporation
  • R&D Systems
  • LifeSpan BioSciences, Inc.
  • ARCpoint Labs and other prominent players.

Lack of Testosterone Levels in Males to Differ Due to Various Conditions

The causes associated with lack of testosterone level in males are initially dependent on various conditions including infection of the testicles, chronic diseases, genetic diseases, testicular injury, and others. Testosterone is also mainly known as the sex hormone which acts as an important factor in the sexual and reproductive development in males. Androgen is vital for male sexual and reproductive function.

Androgens are crucial for male sexual and reproductive function. The main androgens comprise of testosterone and androstenedione, which are usually called as steroids or anabolic steroids. Reduced sexual drive, erectile dysfunction, low sperm count and enlarged or swollen breast tissue are some of the dysfunctions that men with low-level testosterone face.  Increasing chronic disease such as type 2 diabetes, liver disease, obesity, kidney disease, and immune deficiency virus are some of the factors accountable for low testosterone level in men. These factors are likely to drive the growth for the global testosterone test kits market.

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Segmentation for Testosterone Test Kits Market is;

By Sample

  • Blood
  • Saliva

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Stores

By Geography

Hormonal Imbalance Is Another Aspect Responsible for Changing of Testosterone Levels in The Body

The espousal of inactive lifestyle has led to conditions that affect the hormonal balance in the body, thus creating an imbalance in the levels of testosterone. The combination of rising emphasis on early diagnosis along with the availability of rapid test kits in the market is likely to boost the market.

Besides the increasing demand for diagnostics kits are potentially driving the growth of the global testosterone test kits market during the forecast period. However, the high cost of testosterone test kits alongside the absence of accuracy by the saliva test sample kit is predicted to hamper the growth of the global testosterone test kits market.

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North America to Have Dominance in The Global Testosterone Test Kits Market

Geographically, the global testosterone test kits market is segmented into Asia-pacific and North America, Europe, Latin America, Middle East, and Africa. North America is predicted to have dominance in the global testosterone test kit market during the forecast period, owing to the high awareness about hypogonadism among the people and medical practitioners. The major initiative taken by the governments and big organizations in regards to the investments in the research and developments of the faster and advanced detection kits is likely to enhance the market growth in the coming years. Out of other regions, Asia Pacific is projected to grow on a considerable rate, due to the increasing prevalence of chronic diseases, aging population, and promptly growing medical infrastructure. These issues are likely to fuel demand in the Asia-pacific and therefore escalate growth for the global testosterone test kits market.

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?

What is the market size and growth rate of the market for selective countries?

Which region or sub-segment is expected to drive the market in the forecast period?

What Factors are estimated to drive and restrain the market growth?

What are the key technological and market trends shaping the market?

What are the key opportunities in the market?

What are the key companies operating in the market?

Which company accounted for the highest market share?

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