Assisted Reproductive Technology (ART) Market Globally Grow at a CAGR of 7.5% by 2023 | Global Key Vendors - Bloom IVF Centre, Cooper Surgical, Ferring B.V., Hamilton Thorne, Irvine Scientific, Laboratoire CCD, Microm

Marketprognosis.com Publish a New Market Research Report On “Global Assisted Reproductive Technology (ART) Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Assisted Reproductive Technology (ART) Market:

The Global Assisted Reproductive Technology (ART) Market is expected to register a growth rate of CAGR of 7.5% during the forecast period, 2018-2023.

ART is used to treat infertility and in vitro fertilization (IVF) is the most common and effective type of ART. Whereas, multiple pregnancy condition is the most common complication associated with ART. The major factors propelling the growth of this market are the rise in the number of infertility cases owing to obesity, rise in stress and pollution, and increasing number of smokers across the world.

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One of the major factors driving the growth of ART market is increasing number of infertility cases across the world. For instance, according to estimates of Centers for Disease Control and Prevention (CDC), in the United States 12.1% of women aged in between 15-44 suffer from impaired fecundity whereas, 6.7% of married women in the same age group are infertile. This, in turn, is expected to propel the demand for ART technologies such as in-vitro fertilization (IVF) and artificial insemination (AI). Hence, the rise in infertility cases across the world is expected to boost the market growth over the forecast period.

The high cost and socio ethical issues involved are expected to hamper the growth of ART market over the forecast period. This technology can raise the number of complicated ethical issues for the individuals involved, such as health care professionals, and for the greater part of the society. For instance, one of the crucial issue associated with ART is the safety of embryos whether they are inside of a mother's body or in a laboratory. In addition to this, ART is very costly. The IVF costs between USD 10,000 and USD 20,000 and surrogacy can cost between USD 20,000 and USD 40,000 and there is no surety that a child will result out of the process. Hence, all of the above mentioned factors are expected to restrain the growth of the market.

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Europe captured the largest market share in the global ART market and is expected to retain its dominance over the forecast period owing to rising awareness among people for infertility treatment, technological advancements, government initiatives to promote appropriate ART facilities, and increasing number of infertility cases in the region. The Centers for Disease Control and Prevention (CDC) have developed the National Public Health Action Plan with an aim to prevent, detect, and manage the infertility cases in the around the world. The majority of EU Member States have considered infertility a medical condition and their national policies fund ranges from the entire treatment to some portion of infertility treatment. All of the aforementioned factors are expected to propel the growth of this market over the forecast period.

Major Key Players:

1 Bloom IVF Centre

2 CooperSurgical Inc.

3 Ferring B.V.

4 Hamilton Thorne, Inc.

5 Irvine Scientific.

6 Laboratoire CCD

7 Microm Ltd.

8 Nidacon International AB and More……….

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Assisted Reproductive Technology (ART) Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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