Assisted Reproductive Technology Market size is expected to reach US$ 59.64 Bn. by year 2029 at a CAGR of 9.8% during the forecast period.
Assisted Reproductive Technology Market Overview:
A research team conducted extensive primary and secondary research for the worldwide industry’s Assisted Reproductive Technology market study. Secondary research was conducted to supplement existing data, segment the market, assess total market size, anticipate market size, and growth rate.
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Market Scope:
Our team at Maximize collects market information and data from a number of sources in order to provide a more realistic regional perspective. The study’s country-level analysis is based on a review of several regional stakeholders, regional tax laws and policies, consumer behaviour, and macroeconomic statistics.
Drivers:
12.1% of American women between the ages of 15 and 44 have limited fecundity, whereas 6.7% of women in the same age group are infertile, according to the Centers for Disease Control and Prevention (CDC). The demand for ART technology is anticipated to grow as a result. Infertility cases are increasing globally, thus market expansion in the upcoming years is probably due to this. Other factors include a rise in the number of same-sex couples and single women, as well as improved awareness of IVF and surrogacy, are projected to spur market expansion over the projection period. Technology advances are a key factor in industry expansion.
Segmentation:
by Technology
In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others
by End User
Hospitals
Fertility Clinics
Others
Key Players: the key players are
1. California Cryobank
2. Bloom IVF Centre
3. Parallabs
4. OvaScience
5. Anecova
6. Origio
7. Microm Ltd.
8. Merck KGaA
9. Cooper Surgical, Inc
10. Ferring Pharmaceuticals
11. Cosmos Biomedical Limited
12. Cryolab Ltd.
13. European Sperm Bank
14. Irvine Scientific
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Regional Analysis:
A country-level examination of the Assisted Reproductive Technology Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Assisted Reproductive Technology Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.
COVID-19 Impact Analysis on Assisted Reproductive Technology Market:
The impact of COVID-19 on global Assisted Reproductive Technology market has also been included in the report.
Key Questions answered in the Assisted Reproductive Technology Market Report are:
- Which product segment had the largest share in the Assisted Reproductive Technology market in 2022?
- How is the projected competitive landscape of the Assisted Reproductive Technology market in the forecast period (2023-2029)?
- Which are the key factors aiding the Assisted Reproductive Technology market growth?
- Which region is responsible for the maximum share in the Assisted Reproductive Technology market in 2022?
- What will be the CAGR of the global Assisted Reproductive Technology market in the forecast period (2023-2029)?
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A detailed Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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