According to our new market research study on “Infertility Treatment Devices and Equipment Market to 2027 – Global Analysis and Forecast – by Product Type, Procedure, and End User,” the market is expected to reach US$ 1,973.68 million by 2027 from US$ 1,050.00 million in 2019;it is estimated to grow at a CAGR of 8.4% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. The key factors driving the growth of the market include increase in the incidence of infertility in both sexes and rising number of fertility clinics and infertility services with government support. However, the high procedural cost of reproductive techniques hinders the market growth.
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Infertility Treatment Devices and Equipment Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market dynamics.
Based on product type, the infertility treatment devices and equipment market is segmented into ovum aspiration pumps, sperm separation devices, sperm analyzers systems, micromanipulator systems, incubators, and others. The ovum aspiration pumps segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.
The growth of the segment is attributed to the developments done by the companies for the ovum aspiration pumps.For instance, in April 2018, KITAZATO CORPORATION, a Japan-based medical technology company signed a strategic partnership with Brazil-based distributor SPECTRUN. The new distributor will supply various ART (Artificial Reproduction Technology) products in Brazil. The range of product includes oocyte pickup needles and associated devices. Such development is expected to increase the access of product, which will eventually drive the segment growth by 2027.
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Microptic, Coopersurgical, Inc; Cook Medical LLC;Dxnow; Eppendorf AG; AB Scientific Ltd; Hamilton Thorne, Inc; Rocket Medical Plc; Invo Bioscience;and Vitrolifeare among the leading companies operating in the infertility treatment devices and equipmentmarket.The companies have adopted inorganic and organic growth strategies to expand their global footprints and product portfolios to meet the rising demand for the infertility treatment devices and equipmentand services.
Chapter Details of Infertility Treatment Devices and Equipment Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Infertility Treatment Devices and Equipment Market Landscape
Part 04: Infertility Treatment Devices and Equipment Market Sizing
Part 05: Infertility Treatment Devices and Equipment Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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