No. of Pages- 110+
List of tables- 20+
List of Figures- 20+
“According to the research report published by Polaris Market Research, the Global Infertility Treatment Market Size Is Expected To Reach USD 3.0 Billion By 2030., at a CAGR of 7.9% during the forecast period.”
Infertility is the inability of an individual to get pregnant naturally. Infertility treatment is available to treat an individual suffering from infertility. The medical condition occurs due to various reasons. A few reasons include advancement of maternal age, disorders in the occurrence of ovulation, rise in maternal age, tubal occlusion or blockage, genetics, sexually transmitted infections, immune infertility, endometrial polyps, uterine fibroids, infertility caused due to male factors, endometriosis, and others.
Infertility treatment options can include medications for assisting the development during the period of ovulation, In Vitro Fertilization (IVF), and Insemination, among others. In men and women, infertility can also be diagnosed through different diagnostic procedures such as ultrasound, physical examination, and checking sperm count & quality, among others. The growing number of infertility cases worldwide is expected to drive the growth of the market. Also, the declining fertility rate, rising number of fertility clinics, and increasing technological developments are fueling the market growth.
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Top Global Market Players:
- Cook Group
- Esco Micro Pte. Ltd.
- Fujifilm Irvine Scientific
- Hamilton Thorne Ltd.
- Ihmedical A/S
- Kitazato Corporation
- Rocket Medical Plc
- The Baker Company Inc.
- The Cooper Companies Inc.
- Thermo Fisher Scientific
- Zeiss Group.
Infertility Treatment Market: Growth Drivers
Lack of physical activity, the continual shift toward a sedentary lifestyle, improper fetal care, delayed pregnancy, excessive consumption of alcohol, and stress are the key factors driving the growth of the global infertility treatment market. Growing consumption of smoking products is accelerating market growth. Scientists have proved that the consumption of tobacco and tobacco-related products negatively affects the fertility level in both men and women. The declining rate of global fertility, along with a surge in the number of fertility clinics and hospitals globally, is anticipated to propel the growth of the market.
Moreover, the surge in technological advancements, growing public-private investments in the sector, and funding by the companies are the key factors expected to boost the market expansion. In addition, the increase in the prevalence of diabetes and obesity is further supporting the market growth. The increasing awareness regarding the infertility treatments, such as IVF and IUI, is anticipated to flourish the demand for the infertility treatment market across the globe.
Infertility Treatment Market: Report Segmentation
Insight by Product
Based on product, the equipment segment witnessed the largest market share in 2021 and is anticipated to continue its dominance over the forecast period. The regional market is majorly driven by the rapid technological advancements and the presence of leading industry players with a wide product portfolio. The growing adoption of key strategies such as new product launches and collaboration by the industry players is expected to fuel the segment growth.
The sperm separation segment is anticipated to generate the fastest growth rate during the projected years. The sperm separation devices are important for ARTs (Assisted Reproductive Technology), such as artificial insemination and IVF. The increasing demand for the infertility treatment market globally is expected to boost the growth of the segment.
Geographic Overview: Infertility Treatment Market
Based on geographically, Asia Pacific witnessed the highest share in the global market in 2021 and is expected to dominate the market over the foreseen period. The key contributing factors to the market growth in the region include the increase in medical tourism as well as the growing awareness regarding the availability of such treatment procedures. Also, the increasing number of fertility clinics and the growing rate of infertility in the Asia Pacific may offer significant growth opportunities in the region.
Furthermore, North America is expected to generate a progressive CAGR over the study period owing to the various reimbursement schemes and the rising infertility rate. Also, growing investments in research & development, beneficial regulations, and high patient awareness in North America are projected to accelerate the demand for the infertility treatment market in the region.
- In March 2019, Vitrolife, one of the market leaders of time-lapse systems for use in assisted reproduction, introduced EmbroyoScope+.
- In 2021, CooperSurgical announced a collaboration with Virtus Health to enhance its fertility technology and improve patient treatment outcomes.
- In 2020, Genea Biomedx announced a collaboration agreement with Hamilton Thorne to commercialize Genea Biomedx’s (Australia) fertility products in the US and Canada.
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Infertility Treatment Market: By Product Outlook
- Imaging Systems
- Sperm Analyzer Systems
- Ovum Aspiration Pumps
- Micromanipulator Systems
- Gas Analyzers
- Laser Systems
- Sperm Separation Devices
- Media & Consumables
Infertility Treatment Market: By Procedure Outlook
- Assisted Reproductive Technology
- Artificial Insemination
- Fertility Surgeries
- Other Infertility Treatment Procedures
Infertility Treatment Market: By Patient Outlook
- Female Infertility Treatment
- Male Infertility Treatment
Infertility Treatment Market: By End-Use Outlook
- Fertility Centers
- Hospitals & Surgical Clinics
- Research Institutes
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