Popularity of Fertility Tourism driving Infertility Treatment Market | AriztonArizton’s recent market research report on the global Infertility Treatment Market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by product (drugs and devices), procedure (drug therapy, ART procedure, and surgical intervention), end-user (infertility clinics, hospitals, gynecological & urology clinics, and others), cause (female infertility, male infertility, and others), and geography (Europe, North America, APAC, Latin America, and MEA).
The global infertility treatment market is expected to grow at a CAGR of over 6% during the period 2018−2024.
Request for your free sample now!
Factors such as the declining fertility rate, the increasing global number of fertility clinics, technological advancements in fertility treatment, and increasing public-private investments are the major factors driving the growth of the fertility treatment market. With the high prevalence of infertility, the demand for infertility treatments, especially assisted reproduction treatment (ART) methods and IVF procedures, are gaining widespread significance globally.
The leading drivers and trends propelling the growth of the infertile treatment market are discussed below:
Growing Prevalence of Infertility Worldwide
According to several pregnancy studies, one in six women aged between 35 and 39 years have chances of conceiving naturally in the first year of sexual intercourse. Similarly, if the partners are above 40 years, more than one in four women are unlikely to conceive naturally. At present, a majority of developing and developed countries, the mean age of women at first birth is more than 28 years, clearly indicating the increasing trend of delay in childbearing among married couples. In countries like the Czech Republic and Korea, it has increased by around 5 years. In countries such as Japan, Italy, Ireland, Korea, Spain, Luxembourg, and Switzerland, the average age is between 30 and 32 years. Similarly, the average age of women at first birth in France, Canada, Germany, Denmark, Sweden, and the UK is between 28 and 30 years. Therefore, the increasing prevalence of infertility among married couples, coupled with the aging population and delay in childbearing among working married women, will fuel the demand for fertility treatment.
Increasing Popularity of Fertility Tourism
The globalization of healthcare and the increasing popularity of medical tourism, especially fertility tourism, have encouraged several couples to travel abroad, seeking state-of-the-art infertility treatments. It is a subset of medical tourism that is becoming increasingly popular internationally, especially among people from countries where regulations are too strict for fertility treatment. In 2016, around 14 million cross-border patients sought services for female and male infertility treatment. Countries such as Denmark, India, Malaysia, Turkey, Thailand, Czech Republic, Greece, Spain, and the US are the major destinations for fertility tourism. In India, more than 600 fertility clinics offering fertility treatment at around 65% less cost than other developed countries. Mumbai, Bangalore, Hyderabad, Chennai, and Delhi are the major destinations, which accommodate a wide array of fertility clinics offering affordable ART procedures.
Innovation in Infertility Treatment
A wide array of innovative technologies adopted to treat female and male infertilities include intracytoplasmic sperm injection, oocyte donation, and embryo cryopreservation. End-users are using these latest procedures due to vendors’ continuous efforts on product development and innovation, which has led to the launch of a wide array of innovative and breakthrough equipment and devices to perform various fertility treatment options successfully. The most significant technological advancement in infertility treatment has been in the field of cryopreservation. Increased efficiency in performing embryo cryopreservation using latest-generation devices has increased the pregnancy rates per stimulation cycle.
Request for your free sample now!
The Cooper Companies, Cook Medical, Vitrolife, Ferring Pharmaceuticals, IVFtech, Irvine Scientific, and Merck KGaA are identified as prominent vendors in the global infertility treatment market.
The complete overview of the latest market research report on the global infertility treatment market by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides market sizing and forecast for major geographical regions and key countries.
About Arizton Advisory & Intelligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
Chicago, Illinois, 60605
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Popularity of Fertility Tourism driving Infertility Treatment Market | Arizton here
News-ID: 1876597 • Views: 416
More Releases from Arizton Advisory & Intelligence
US Hyperscale Data Center Construction Market to reach Over $53 billion | Arizto …
Arizton’s recent market research report on global hyperscale data center market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights on the segmentation by IT infrastructure (server, storage, and network), electrical infrastructure (uninterruptible power supply (UPS) systems, generators, rack power distribution units (PDU), transfer switches & switchgears, and other), mechanical infrastructure (cooling systems, racks, and others), general construction (building development, installation and commissioning services building designs,
Retail Industry to adopt cloud-based Point-of-Sale Terminals | Arizton
Arizton’s recent market research report on global Point-of-sale terminal market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The market study includes insights on segmentation by Product Type (fixed/traditional and mobile POS), Compliance (EMV and non-EMV), NFC Technology (NFC-ready and Non-NFC), End-user Type (retail, restaurants, warehouse and distribution, entertainment, hospitality, and healthcare), and Geography (APAC, Europe, Latin America, MEA, and North America). The global Point-of-sale terminal market by revenue is
Pet Humanization influencing Pet Medical Insurance Market | Arizton
Arizton’s recent market research report on the global Pet Insurance Market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights on segmentation by insurance type (accident & illness and accident only), animal type (dogs, cats, and others), distribution (agency, broker, bancassurance, and direct writing), and geography (APAC, Europe, Latin America, MEA, and North America). The global pet insurance market is expected to grow at a CAGR of
AI drawing Stock Images and Videos toward Personalized Advertising Experience | …
Arizton’s recent market research report on the global Stock Images and Videos Market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The market study includes insights on segmentation by products (still images and videos), license(rights-managed (RM) and royalty-free (RF)), application(commercial and editorial), source (macrostock and microstock), end-user (marketers, films and TV producers, media & publishing companies, and business and individual creators),and geography (APAC, Europe, Latin America, MEA, and North
More Releases for Infertility
Global Male Infertility Treatment Market Insights, Forecast
According to Word Health Organization, ‘Infertility is the inability of a sexually active, non-contraception couple to achieve pregnancy in one year’. About 15% of couples do not achieve pregnancy within 1year and seeking for infertility medical treatment. Less than 5% of world population is unwillingly childless. Approximately 90% of male infertility cases are seen mainly due to low sperm counts, and poor sperm quality. The remaining cases of male infertility
Women Infertility Market Pipeline Review, H2 2017
"The Report Women Infertility - Pipeline Review, H2 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Global Markets Direct's latest Pharmaceutical and Healthcare disease pipeline guide Women Infertility - Pipeline Review, H2 2017, provides an overview of the Women Infertility (Women's Health) pipeline landscape. Infertility refers to failure to conceive over the course of one full year. Women infertility is caused due
Infertility Services Market in US
Infertility is the failure to achieve pregnancy after 12 months of unprotected intercourse. Infertility occurs due to the abnormal functioning of the female and male reproductive system. It can be treated with infertility drugs and through procedures such as artificial insemination, in-vitro fertilization, and surrogacy. Research analysts forecast the infertility services market in US to grow at a CAGR of 4.65% during the period 2017-2021. Request sample copy of the report at:
Global Infertility Drug Pipeline Analysis
The market for reproductive medicine is experiencing a paradigm shift with new latest techniques being used and awareness among people increasing due to imparting knowledge about these techniques. The infertility drugs market promises significant room for growth. The market has high potential to scale up in order to meet the needs of infertile couples and also due to growth in reproductive tourism. Venture capitalists have entered the market by investing
Female Infertility-Pipeline Insights, 2017
This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Female Infertility-Pipeline Insights, 2017 “Female Infertility-Pipeline Insights, 2017”, report provides in depth insights on the pipeline drugs and their development activities around the Female Infertility. The Report covers the product profiles in various stages of development including Discovery, Pre-clinical, IND, Phase I, Phase II, Phase III
Male Infertility - Pipeline Review, H1 2017
ReportsWorldwide has announced the addition of a new report title Male Infertility - Pipeline Review, H1 2017 to its growing collection of premium market research reports. Global Markets Direct's latest Pharmaceutical and Healthcare disease pipeline guide Male Infertility – Pipeline Review, H1 2017, provides an overview of the Male Infertility (Male Health) pipeline landscape. Male infertility refers to a male's inability to achieve a pregnancy in a fertile female. Male infertility is