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.
Market Overview:
The research report on the Assisted Reproductive Technology market provides a comprehensive analysis of the market’s performance during the projected timeframe. This extensive study delves into primary and secondary drivers, market dominance, key segments, and geographical analysis. Additionally, it explores noteworthy industry figures, significant collaborations, mergers, acquisitions, as well as the latest innovations and corporate strategies.
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Market Scope:
Our assessment of the Assisted Reproductive Technology market employs a thorough examination encompassing both primary and secondary research methodologies. This approach enables us to gain a deeper understanding of prevailing market dynamics, including supply-demand imbalances, pricing trends, product preferences, and consumer behavior. We gather and evaluate data through various market estimations and data validation procedures, reinforced by our in-house data forecasting engine, forecasting market growth up to 2027.
Key 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.
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:
Identification of market leaders and assessment of market revenue relies on a combination of primary and secondary research. As a fundamental component of our study, we conducted in-depth interviews with key opinion leaders and industry experts, including frontline professionals, CEOs, and marketing experts. Primary research was complemented by a review of annual and financial reports from major manufacturers as part of our secondary research. We employed secondary data to compute percentage splits, market shares, growth rates, and global market breakdowns, which were then compared to historical data. Notable players in this industry include:
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:
Our research involves an in-depth analysis of the regional landscape, incorporating both qualitative and quantitative data. We provide an overview and forecast of the global Assisted Reproductive Technology market segment by segment. Furthermore, we project and estimate market sizes for five key regions spanning from 2021 to 2027: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. Each of these regions is further dissected into subregions and sectors. Our research explores a multitude of countries within these regions, highlighting current trends and opportunities within the sector.
COVID-19 Impact Analysis on Assisted Reproductive Technology Market:
We conducted a comprehensive study and analysis of the post-COVID-19 development strategy in the Global Assisted Reproductive Technology Market. This analysis encompasses corporate strategy, landscape, type, application, and leading countries. It provides statistical data on market dynamics, growth drivers, major challenges, PORTER analysis, market entry strategy analysis, opportunities, and forecasts. The primary objective of this study is to offer industrial enterprises a strategic analysis of the impact of COVID-19 on their markets. This analysis simultaneously examines the market prospects of key countries and emphasizes their market potential.
Key Questions Answered in the Assisted Reproductive Technology Market Report:
• What are the most promising high-growth opportunities in the global Assisted Reproductive Technology sector, categorized by product category, end user, and region?
• Which segments within the Assisted Reproductive Technology market will experience the most rapid expansion and why?
• What regions are poised for the fastest growth and why?
• What are the primary factors influencing the dynamics of the Assisted Reproductive Technology market, including key drivers and barriers?
• What are the business risks and threats in the Assisted Reproductive Technology market?
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