According to our new market research study on “Infertility Treatment Devices and Equipment Market to 2027 – Global Analysis and Forecast – by Product Type, Procedure, 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.
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Factors such as increasing incidences of infertility in both sexes and rising number of fertility clinics and infertility services with government support are expected to drive the market growth. However, the high procedural cost of reproductive techniques hinders the market growth.
IVF and ART is a complex series of procedures used to help with fertility or prevent genetic problems and assist with the conception of a child. Growing awareness about infertility is expected to spur the demand for the treatment of IVF and ART in the forthcoming years. Increasing introduction of advanced treatment of intracytoplasmic sperm injection is expected to drive the market during the forecast period. Rising medicinal and surgical procedures for IVF treatment would enable speedy expansion of the market. IVF is the process of fertilization by extracting eggs, retrieving a sperm sample, and then manually combining egg and sperm in a laboratory. Thus, rising adoption of IVF and ART technique among infertile couples would subsequently create lucrative opportunities for the market during the forecast period.
Microptic; Coopersurgical, Inc; Cook Medical LLC; Dxnow; Eppendorf AG; AB Scientific Ltd; Hamilton Thorne, Inc; Rocket Medical Plc; Invo Bioscience; and Vitrolife are among the leading companies operating in the infertility treatment devices and equipment market.
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The report segments infertility treatment devices and equipment market as follows:
By Product
Ovum Aspiration Pumps
Sperm Separation Devices
Sperm Analyzer Systems
Micromanipulator Systems
Incubators
Others
By Procedure
Assisted Reproductive Technology
in Vitro Fertilization
Intracytoplasmic Sperm Injection
Others (GIFT, ZIFT, Surrogacy)
Artificial Insemination
Intrauterine Insemination
Intratubal Insemination
Intracervical Insemination
Fertility Surgery
Tubal Ligation Reversal
Varicocelectomy
Laparoscopy
Others (Laparotomy, Myomectomy, Microsurgical Reconstruction, Hysteroscopy)
By End User
Fertility Clinics
Hospitals and Other Healthcare Facilities Market
Clinical Research Institutes
By Geography
North America
US
Canada
Mexico
Europe
France
Germany
UK
Spain
Italy
Asia Pacific (APAC)
China
India
Japan
Australia
South Korea
Middle East and Africa (MEA)
Saudi Arabia
UAE
South Africa
South and Central America (SCAM)
Brazil
Argentina
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