New York, Global Infertility Treatment Market was valued at USD 1.6 billion in 2021 and it is anticipated to grow further up to USD 3.6 billion by 2031, at a CAGR of 8.4% during the forecast period.
The global infertility treatment market report from Global Insight Services is the single authoritative source of intelligence on Infertility Treatment Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The inability of a person to reproduce naturally is known as infertility. There are several causes of infertility. The few causes include the aging of the mother, ovulatory problems, tubal obstruction or blockage, sex-transmitted diseases, immunological infertility, genetics, and infertility brought on by male factors. One way to treat infertility is to raise awareness. Other alternatives include IVF (in vitro fertilization), insemination, and drugs that help the body develop during the ovulation phase.
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Market Trends and Drivers
Due to a variety of circumstances, including the rising trend of late marriages and the rise in age-related infertility, the fertility rate globally is progressively dropping. By 2030, it is predicted that there will be 2.4 offspring for every woman worldwide, and by 2050, there will be 2.2. The need for infertility treatment items that identify the reproductive window in males and females has significantly increased as a result of the dropping fertility rate.
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Global Infertility Treatment Market Segmental Overview
The report analyses the global infertility treatment market based on the product, procedure, patient type, end user, and region.
Global Infertility Treatment Market by Product
Based on the product, it is segmented into equipment, media & consumables, and accessories. The equipment segment is anticipated to capture the largest share in infertility treatment market. The existence of well-established firms with a robust product lineup and technological developments are to thank for this industry’s rapid rise. Along with the players’ increasing attention to base development through the use of various tactics, such as the introduction of new equipment, showcases throughout the world are likely to aid in the segment’s growth.
Global Infertility Treatment Market by Procedure
Based on the procedure, it is segmented into assisted reproductive technology, artificial insemination, fertility surgeries, and others. The assisted reproductive technology segment is anticipated to dominate the market during the forecast period. The segment’s expansion is projected to be aided by the increasing popularity of ART, its rising success rate, and its expanding acceptance on a global scale.
Global Infertility Treatment Market by Patient Type
Based on the patient type, it is segmented into females and males. The female infertility treatment segment is anticipated to dominate the market during the forecast period. The market for treating female infertility is expanding as a result of declining female fertility rates, increased availability of different fertility treatment choices, and an increase in the number of reproductive clinics around the world.
Global Infertility Treatment Market by End User
Based on the end user, it is segmented into fertility centers, hospitals & surgical clinics, cryobanks, and research institutes. The fertility centers segment accounted for the largest share of the infertility treatment market during the forecast period. Some of the factors that are likely to contribute to the segment’s rapid growth include the rising government initiatives to establish fertility clinics, initiatives taken by major international healthcare providers to establish fertility centers, and the rising popularity of IVF and ICSI treatment globally.
Geographical Analysis of the Global Infertility Treatment Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is anticipated to dominate the market during the forecast period. Significant increase in medical travel, increasing public knowledge of the availability of infertility treatment options, expansion of fertility clinics in the region, rising healthcare costs, rising infertility rates in the region, and government measures to make infertility treatment more accessible in developing countries.
Major Players in the Global Infertility Treatment Market
The key players studied in the report are The Cooper Companies Inc. (US), Cook Group (US), Vitrolife (Sweden), Thermo Fisher Scientific, Inc. (US), Esco Micro Pte. Ltd. (Singapore), Genea Biomedx (Australia), IVFtech ApS (Denmark), FUJIFILM Irvine Scientific (US), The Baker Company, Inc. (US), Kitazato Corporation (Japan), Rocket Medical plc (UK), IHMedical A/S (Denmark), Hamilton Thorne Ltd. (US), ZEISS Group (Germany), and MedGyn Products, Inc. (US) among others.
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