The global assisted reproductive technology market size is expected to reach USD 54.75 Billion at a steady revenue CAGR of 9.7% in 2028, according to latest analysis by Emergen Research. Assisted Reproductive Technology (ART) market revenue growth is driven by increasing popularity of In-Vitro Fertilization (IVF) (with or without Intracytoplasmic Sperm Injection (ICSI)) and artificial insemination, among other technologies.Infertility is a multi-faceted issue involving social, cultural, and economic implications, which may reach threatening extents in countries reporting lower fertility rates. According to statistics published by WHO, around 48 million couples and 186 million individuals live with infertility globally.
In countries with low fertility rates, infertility can become a serious issue with serious social, cultural, and economic implications. According to estimates from the WHO, 48 million couples worldwide—or 186 million individuals overall—struggle with infertility. Due to irregular or nonexistent periods brought on by ovulation problems, a growing number of women are facing infertility. Because more women are selecting fertility treatments and younger generations are becoming more knowledgeable about them, the industry is growing.
The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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The report offers these individuals a vivid description of the competitive spectrum of the global Assisted Reproductive Technology Market . The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
Assisted Reproductive Technology Market : Competitive Landscape
The prominent players operating in the Assisted Reproductive Technology Market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Assisted Reproductive Technology Market .
Some of the prominent players operating in the market are:
Origio, Cryolab Ltd., Bloom IVF Center, Ferring Pharmaceuticals, Cosmos Biomedical, Irvine Scientific, European Sperm Bank, Ovascience, Parallabs, and Microm UK Ltd.
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The Assisted Reproductive Technology Market report takes a closer view of the global Assisted Reproductive Technology Market share, estimated growth rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. The report clearly defines Assisted Reproductive Technology Market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Assisted Reproductive Technology Market .
Key questions answered in the report:
What will be the development pace of Assisted Reproductive Technology Market ?
What are the key factors driving the Global Assisted Reproductive Technology Market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Assisted Reproductive Technology Market ?
Who are the distributors, traders, and dealers of Assisted Reproductive Technology Market ?
What are the Assisted Reproductive Technology Market opportunities and threats faced by the vendors in the Global Infrared detector industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
Some Key Highlights From the Report :
In June 2020, Ferring Pharmaceuticals and Igenomix announced a two-year partnership to investigate novel disease mechanisms and targets in conditions connected to infertility and pregnancy, such as preeclampsia, in order to create ground-breaking diagnostic and therapeutic approaches to meet a significant unmet need. Experts from both firms have gathered in a new Boston hub with the aim of investigating molecular structures, developing functioning genomic systems, and developing tools to analyse embryo implantation, among other things.
Frozen non-donor segment revenue is expected to register a significantly rapid growth rate during the forecast period due to their established reliability and a higher success rate for pregnancy. The procedure cost is lower as compared to cycles that use fresh embryos and eggs. A frozen transfer is much simpler for both reproductive endocrinologist and patient. This procedure is also less mentally and physically stressful on a women’s body.
Due to the fact that artificial insemination does not involve the removal of eggs from the body, it is substantially less intrusive for women who are trying to get pregnant. This category accounted for a sizable portion of revenue in 2020. In this procedure, sperm is put directly into the uterus or cervix in order to induce conception. The procedure is also less expensive than IVF because it does not involve egg extraction or laboratory monitoring.
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Emergen Research has segmented the global assisted reproductive technology market on the basis of procedure, technology, end-use, and region:
Procedure Outlook (Revenue, USD Billion; 2018-2028)
Fresh Donor
Fresh Non-Donor
Frozen Donor
Frozen Non-Donor
Egg/Embryo Banking
Technology Outlook (Revenue, USD Billion; 2018-2028)
In-Vitro Fertilization (IVF)
In-Vitro Fertilization (IVF) with Intracytoplasmic Sperm Injection (ICSI)
In-Vitro Fertilization (IVF) without Intracytoplasmic Sperm Injection (ICSI)
Artificial Insemination
Frozen Embryo Transfer (FET)
Others
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals
Fertility Clinics
Others
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Regional Bifurcation of the Assisted Reproductive Technology Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Highlighting points of Global Assisted Reproductive Technology Market Report
- The Assisted Reproductive Technology Market report provides an exhaustive qualitative and quantitative analysis that will provide insight into the industry.
- This Assisted Reproductive Technology Market insight includes data from significant participants such as marketers, industry experts, and investors.
- The Assisted Reproductive Technology Market report’s objective is to provide an exhaustive perspective from all stakeholders for young marketers and entrepreneurs.
- Trends and drivers are discussed in the Assisted Reproductive Technology Market Report
- The global Assisted Reproductive Technology Market report delivers an overview of the global competitive environment.
- It provides details about the market, its share, and revenue.
- The Assisted Reproductive Technology Market research study recognizes the major growth regions, with the Asia Pacific leading during the forecast period.
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