"Designing Growth Strategies is in our DNA"
According to researchers, one out of four men at the age of 30 suffer from low-level testosterone. The reasons for this lack of testosterone levels may vary due to conditions including testicular injury, infection of the testicles, chronic diseases, genetic diseases, and others. Testosterone is a sex hormone that plays a significant role in sexual and reproductive development in males.
Testosterone fits a class of male hormones called androgens, which are sometimes called steroids or anabolic steroids. Men with low testosterone levels experiences, reduced sexual drive, erectile dysfunction, low sperm count and enlarged or swollen breast tissue. Rising chronic disease such as obesity, liver disease, type 2 diabetes, kidney disease, and human immunodeficiency virus are some factors responsible for the decrease in the testosterone level. This is expected to drive the growth of the testosterone test kits market globally.
To gain extensive insights into the market, Request for Customization
Adoption of a sedentary lifestyle leading to disorders that affect the hormonal balance is responsible for lower or higher levels of testosterone in the body. This, combined with an increasing emphasis on early diagnosis, along with the availability of rapid test kits in the market, will lead to increasing demand for the diagnostics kits, subsequently driving the growth of the global testosterone test kits market from 2019-2026.
The factor that is expected to inhibit the growth of the market is the lack of accuracy by the saliva test sample kit and the cost of testosterone test kits.
Some of the major companies that are present in the global testosterone test kits market BioVision Inc., Aviva Systems Biology Corporation, Novus Biologicals, Enzo Life Sciences, Inc., EagleBio, NEOGEN CORPORATION, R&D Systems, Inc., LifeSpan BioSciences, Inc., ARCpoint and other prominent players.
By Distribution Channel
· Hospital Pharmacy
· Retail Pharmacy
· Online Stores
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
At present, hospital pharmacies have the highest share among the distribution segment. Online stores segment is expected to dominate the market by the end of the forecast period.
Among the regions, North America is expected to dominate the global testosterone test kits market in the forecast period due to the high awareness about the hypogonadism among the citizens and medical practitioners, and major initiatives taken by the government and private organizations towards the investment in the research and development of the faster detection kits. Asia Pacific is anticipated to grow at a significant CAGR, owing to the increasing prevalence of the chronic disease, aging population, and rapidly growing medical infrastructure.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry