According to FutureWise analysis the market for undescended testicle diagnosis in 2023 is US$ 6.11 billion, and is expected to reach US$ 16.03 billion by 2031 at a CAGR of 12.80%.
An undescended testis, also known as Cryptorchidism, is one of the most common malformations of male neonates. The undescended testis (UDT) is the second most common paediatric operating condition after inguinal hernias. In this case, the testis is not in the scrotum by the age of three months due to a failure of normal descent. It is uncommon for boys' testes to descend after three months; five percent have a UDT at birth, one to two percent at three months, and one percent at one year. It is possible to reduce the risk of malignancy and infertility by managing the condition in an appropriate timeframe. According to secondary research, 3-4 percent of full-term baby boys are born with cryptorchidism, a condition in which one or both testicles are not located in the expected place in the scrotum. There is a surge in demand for undescended testicle diagnosis and an increase in the prevalence of undescended testicle among young men driving this growth. In addition to the rise in the demand for undescended testicle diagnosis, the advancement in the healthcare sector, the increase in research and development activities, and the rise in infertility issues are some of the crucial factors driving the undescended testicle market. It might reduce the risk of malignancy or infertility if treated at the appropriate time. Having undescended testicles isn't painful, and your child isn't at risk of any immediate health problems, but you should get them checked by a doctor in case further treatment is needed. An undescended testicle carries an increased risk of developing testicular cancer regardless of whether it is corrected or not. In spite of the fact that the risk is lower after treatment, it is still higher than if both testicles were descended at birth. In some cases, it is difficult to distinguish between an undescended testicle and one with the sliding condition. Children with undescended testes are often best treated by a pediatric urologist who specializes in conditions of the urinary tract system, which includes the testes.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Undescended Testicle Diagnosis Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Undescended Testicle Diagnosis Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.