IMARC Group has recently released a new research study titled “Global Infertility Treatment Devices Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the infertility treatment devices industry?
The global infertility treatment devices market reached a value of US$ 397.71 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 574.45 Million by 2027, exhibiting a growth rate (CAGR) of 6.20% during 2022-2027.
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Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the major drivers for the infertility treatment devices market?
The growing prevalence of reproductive conditions, including polycystic ovary syndrome (PCOS), is primarily driving the infertility treatment devices market. Additionally, the rising number of fertility clinics and the widespread adoption of ART procedures, such as IVF, that involve the utilization of previously frozen embryos and donor eggs or sperm are catalyzing the market growth.
Besides this, the launch of various favorable policies by government bodies across the countries to increase the accessibility of infertility treatments is propelling the product demand. Moreover, the key market players are focusing on agreements, portfolio expansion, mergers and acquisitions (M&A), geographical development, and collaborations to widen their consumer base.
This, in turn, is augmenting the global market. Furthermore, they are also introducing technological advancements and developing techniques that improve the conception success rate, which is anticipated to fuel the infertility treatment devices market over the forecasted period.
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Infertility Treatment Devices Market Report Scope |
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Report Coverage |
Details |
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Market size value in 2021 |
US$ 397.71 Million |
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Market forecast in 2027 |
US$ 574.45 Million |
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Growth Rate |
CAGR of 6.20% from 2022 to 2027 |
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Base year for estimation |
2021 |
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Historical data |
2016-2021 |
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Forecast period |
2022-2027 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Key Market Segmentation:
Breakup by Type:
• Sperm Separation Devices
• Ovum Aspiration Pumps
• Sperm Analyzer Systems
• Micromanipulator Systems
• Incubators
• Cryosystems
• Imaging Systems
• Microscopes
• Others
Breakup by Patient Type:
• Female Infertility Treatment
• Male Infertility Treatment
Breakup by End User:
• Fertility Clinics
• Hospitals and Other Healthcare Facilities
• Clinical Research Institutes
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Who are the leading players in the infertility treatment devices market?
- Ab Scientific Ltd
- Cook Group Incorporated
- Coopersurgical Inc. (The Cooper Companies Inc.)
- Eppendorf
- Esco Micro Pte. Ltd.
- Genea Limited
- Hamilton Throne Ltd.
- Kitazato Corporation
- Rocket Medical plc
- Thermo Fisher Scientific
- Thomas Medical (Medgyn Products Inc.)
- Vitrolife.
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