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Assisted Reproductive Technology (ART) Market 2020 To See Strong Growth Including Key Players - Anecova, Bloom IVF Centre, Boston Science Corporation, California Cryobank, Cooper Surgical

03-24-2020 08:40 AM CET | IT, New Media & Software

Press release from: Reports and Data

Assisted Reproductive Technology (ART) Market To Reach USD 48.62 Billion By 2026

Assisted Reproductive Technology (ART) Market To Reach USD 48.62 Billion By 2026

According to the current analysis of Reports and Data, the global Assisted Reproductive Technology (ART) Market was valued at USD 23.10 Billion in 2018 and is expected to reach USD 48.62 Billion by year 2026, at a CAGR of 9.7%. Infertility is a medical ailment which involves both men and women. Usually, a couple is believed to be infertile when they are incapable of conceiving after a whole year period of unprotected sexual intercourse. These procedures are rendered to patients primarily in clinics, which treat infertility and are collectively referred to as fertility clinics.

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Companies considered and profiled in this market study:

The Global Assisted Reproductive Technology (ART) Market study postulates constructive intuition globally which includes the companies who are the key players in Global Assisted Reproductive Technology (ART) Market, such as Anecova, Bloom IVF Centre, Boston Science Corporation, California Cryobank, Cooper Surgical, Inc, Ferring Pharmaceuticals, Irvine Scientific, Hamilton Throne Ltd., Merck KGaA, Microm Ltd., OvaScience, Origio, Parallabs and ThermoFisher Scientific.

According to surveys of CDC (Centres for Disease Control and Prevention), in the United States, for about 12.1% of women aged in between 15 to 44 experience from impaired fecundity whereas, about 6.7% of married women of the same age group are infertile and 12.0% of women who have ever used infertility services. Assisted Reproductive Technology (ART) is the medication for fertility in which eggs are clinically eliminated from the ovaries and are amalgamated with the sperms in the laboratory, and after that, they are restored to the ovaries or are offered to another women. ART consists of a wide range of procedures that are used to treat infertility in men and women. ART does not include the treatment where only sperms are handled or pills are taken to stimulate the egg production, even it can be used to avert the fertility dilemmas while preserving the genetic connection.

Factors including increasing prevalence of infertility cases because of stress, pollution and obesity, rising incidence of working women, rising number of same-sex couples, as well as rising incidence of number of smokers and fertility threatening treatments drives the growth of Assisted Reproductive Therapy market. Increasing incidence rate of conditions such as poly-cystic ovarian syndrome (PCOS), tubal factors and endometriosis are other drivers of the market.

Segments covered in the report:

For the purpose of the study, this Reports and Data has segmented the Global Assisted Reproductive Technology (ART) Market on the basis of procedure outlook, technology outlook, end user and the regional outlook:

Procedure Outlook (Revenue, USD Million; 2016-2026)
Fresh Donor
Fresh Non-Donor
Frozen Donor
Frozen Non-Donor
Embryo/Egg Banking

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Technology Outlook (Revenue, USD Million; 2016-2026)
In Vitro Fertilization (IVF)
With Intra-cytoplasmic Sperm Injection (ICSI)
Without Intra-cytoplasmic Sperm Injection (ICSI)
Artificial Insemination (AI)
Intrauterine Insemination (IUI)
Intracervical Insemination (ICI)
Frozen Embryo Replacement (FER)
Others

End User (Revenue, USD Million; 2016-2026)
Hospitals
Fertility Clinics
IVF Centre

Regional Outlook: (Revenue, USD Million; 2016-2026)
North America
Europe
Asia Pacific
Latin America

Further key findings from the report suggest:

1. According to the Society for Assisted Reproductive Technology, the preliminary national data set for 2017 showed that 72,321 babies born resulting from 262,834 cycles performed during that year, an increase from the previous year's number of 71,362 babies born form 242,664 cycles. The removal of tag "experimental" from egg freezing by the American Society for Reproductive Medicine (ASRM) is also projected to accelerate the growth of the market.

2. Assisted Reproductive Technology (ART) market is fastest growing at a CAGR of 7% in Asia Pacific due to late family planning and low treatment cost in developing countries

3. Fertility Clinics segment has dominated the market in 2018 which is valued at USD 11516.08 million and is expected to continue the same during the forecasted period because of immense development in healthcare facilities in developing countries and presence of specialised services only in fertility clinics

4. North America is the second largest region with a share of 27.7% due to the increased awareness among patients and physicians about fertility procedures, immense government initiatives for in vitro fertilization and technological advancements

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Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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John Watson
Head of Business Development
Reports and Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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