Assisted Reproductive Technology (ART) Market Size to Reach USD 50.10 Billion by 2030
Global Assisted Reproductive Technology (ART) Market analysis report contains complete background analysis of industry, which includes an assessment of the parental market. All the statistical and numerical that has been forecasted in this industry analysis report is represented with the help of graphs, charts, or tables which makes this report more user friendly. The report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and porter’s five force analysis. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, Global Assisted Reproductive Technology (ART) Market document will surely help to a degree.
Assisted Reproductive Technology (ART) encompasses various procedures such as intracytoplasmic sperm injection (ICSI), in vitro fertilization (IVF), cryopreservation of embryos or gametes, fertility medication usage, and others. It refers to the medical techniques employed to address infertility, defined by the World Health Organization as the inability to conceive after a year of unprotected intercourse. Both men and women can be affected by infertility. ART primarily focuses on treating infertility and reproductive endocrinology, and it also influences surrogacy arrangements.
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Data Bridge Market Research analyses that the assisted reproductive technology (ART) market which was USD 26.28 billion in 2022, is expected to reach USD 50.10 billion by 2030, at a CAGR of 8.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
ART procedures include ICSI (intracytoplasmic sperm injection), IVF (in vitro fertilization), cryopreservation of embryos or gametes, fertility medication use and others. The use of medical techniques to treat infertility is referred to as assisted reproductive technology (ART). According to the World Health Organization, infertility is defined as the inability to conceive after more than a year without using contraception. Infertility can affect both men and women. When the procedures are used to treat infertility, they are referred to as fertility treatment. ART is primarily used to treat infertility and reproductive endocrinology. Surrogacy orders are also influenced by ART.
Opportunities
- Technological advancements
Depending on the patient’s needs, various techniques such as in vitro fertilization (IVF), artificial insemination, zygote intra-fallopian transfer (ZIFT), and gamete intra-fallopian transfer (GIFT) are used. In vitro fertilization is considered the gold standard for ART, because of the high success rate for embryo transfer and the increase in live birth rates. To prepare the body for ART treatment, drugs such as orals and injectable hormones are used both before and during the treatment. With an elaborate pipeline, the pharmaceutical market is expected to grow significantly. Furthermore, INVOcell and Anecova have developed In vivo ART devices that are expected to aid market growth during the forecast period.
Assisted Reproductive Technology (ART) Market Overview:
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 – 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Some of the major players operating in the assisted reproductive technology (ART) market are:
- California Cryobank (U.S.)
- Bloom Fertility Centre (India)
- Anecova (Switzerland)
- CooperSurgical (U.S.)
- Merck KGaA (Germany)
- Ferring B.V. (Switzerland)
- FUJIFILM Irvine Scientific (U.S.)
- Genea Limited (Australia)
- Nidacon International AB (Sweden)
- Celmatix Inc. (U.S.)
- Esco Micro Pte Ltd. (Singapore)
- INVO Bioscience (U.S.)
- Laboratoire CCD (France)
- Nikon Instruments Inc. (U.S.)
- ICU Medical, Inc. (U.S.)
Recent Developments
- In 2022, Inception Fertility expanded its ecosystem by launching HavenCryo, a long-term reproductive tissue and cryopreservation storage solution that provides fertility providers and patients with a one-of-a-kind experience. It includes technology for assisted reproduction.
- In 2022, Birla Fertility, CK Birla Healthcare’s flagship fertility clinic, will open with Assisted Reproductive Technology in New Delhi.
- In 2021, Virtus Health Limited, an Australian company that provides assisted reproductive technology, paid $45.0 million to Healius Limited for Adora Fertility and three-day hospitals. This acquisition will help Virtus Health strengthen its portfolio for in-vitro fertilization (IVF). Adora Fertility is an Australia-based company that provides assisted reproductive technology (ART) including IVF (In-vitro fertilization) and ICSI (Intracytoplasmic Sperm Injection).
Assisted Reproductive Technology (ART) Market Scope
Procedure
- Fresh Donor
- Fresh Nondonor
- Frozen Donor
- Frozen Nondonor
- Embryo/Egg Banking
Technology
- In-vitro Fertilization (IVF)
IVF with Intracytoplasmic Sperm Injection (ICSI)
IVF without ICSI
- Artificial Insemination – Intrauterine Insemination (AI-IUI)
- Frozen Embryo Replacement (FER)
- Surrogacy
- Ovulation Induction
- Others
Product Type
- Women Younger Than Age 35
- Women Older Than Age 35
End Use
- Hospitals
- Fertility Clinics
- Others
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the this research report
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Top Key Topics Covered:
- Strategic Imperatives
- Factors Creating Pressure on Growth
- The Strategic Imperative
- Growth Opportunities Fuel the Growth Pipeline Engine
- Research Methodology
- Scope and Segmentation
- Research Context and Scope of Analysis
- Segmentation
- Other Techniques for This Research Report Management
- Growth Opportunity Analysis
- Growth Drivers
- Growth Restraints
- Introduction
- The Impact of the COVID-19 Pandemic and Post
- Future Growth
- Innovation Ecosystem
Continued…
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Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
- What are the key growth parameters for this global market during the forecast period?
- Which key players are expected to hold the largest market share over the forecast period?
- Who are the leading vendors and manufacturers in this market?
- What are the key strategies adopted by leading players in the market for business development and geographical expansion?
- Which end-use industries can trigger high demand in the market over the forecast period?
- What are the key segments in this market?
- Which regional player will have anticipated leading the global market in terms of size?
- What is the impact of the novel coronavirus pandemic?
- Which obstacles must new players overcome in order to occupy a major position?
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