The Global Infertility Treatment Market was valued at USD 13,874.0 million in 2017, and is projected to reach USD 28,059.4 million by the end of 2025, growing at a CAGR of 9.4% during 2018-2025.
The key factors bolstering the market growth are rising infertility rate across the globe due to sedentary lifestyles, increasing age at marriage, substance abuse, environmental factors and hormonal disorders are other causes associated with infertility. Also, increasing prevalence of obesity is driving demand for the infertility treatment as obesity has an adverse impact on fertility. In addition, increasing acceptance of ART and same-sex marriage are expected to support the growth of the market during the forecast period.
Source: GMI Research
Based on Product Type, Media & Consumables segment are anticipated to grow at fastest CAGR during 2018-2025
Media & Consumables segment is expected to grow at fastest CAGR during the forecast period due to the easy availability of different media and consumables and the increasing awareness of infertility treatment and diagnosis globally.
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Based on Procedure type, Assisted Reproductive Technology segment accounts for largest market share of all procedures in 2017
Assisted Reproductive Technology segment held the maximum market share in 2017 and expected to dominate the market during the forecast period due to the advent of ART procedure and rising acceptance among patients.
Fertility Centers segments is growing rapidly due to growing number of fertility clinics at large scale and most of the infertility treatment performed in fertility centers will create growth opportunities in the infertility treatment market in upcoming years
Source: GMI Research
Based on geography, North America held the largest share in the market in 2017 due to factors such as rising prevalence of obesity, growth in awareness and growing number of fertility clinics. Europe has also registered a relatively low growth rate in global Infertility Treatment market compare to North America. Asia-Pacific is projected to grow at fastest CAGR during 2018-2025 due to presence of large patient pool with unmet medical needs rise in volume of ART procedure.
Various notable players operating in the market include Hamilton Thorne Ltd., Cook Group, SOMATEX Medical Technologies, The Cooper Companies, Vitrolife, Merck & Co., Esco Micro Ltd., Esco Micro Ltd., Thermo Fischer Scientific, Genea Ltd. among others.
The Global Infertility Treatment Market has been segmented based on product, procedure, end user, and key geographies. Based on the product, global Infertility Treatment market has been segmented into equipment, media & consumables and accessories. Based on Procedure Type, the market has been segmented into assisted reproductive technology, fertility surgery, artificial insemination and other. Based on end user, the market has been segmented into fertility centers, hospitals & surgical clinics and others
The research report “Global Infertility Treatment Market” provides in-depth analysis of Infertility Treatment market, globally, based on product, procedure, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers fuelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for Infertility Treatment market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report:
1- At what pace is Infertility Treatment market growing, globally? What will be the growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints over the coming years?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Infertility Treatment market?
4- What are the various application areas and how they are poised to grow?
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