The Emergence of COVID-19 to Augment the Assistive Reproductive Technology Market

ART (Assisted reproductive technology) refers to infertility treatments that include surgically removing eggs from the ovaries and combining them with sperm in a laboratory. Embryos are formed by combining these eggs with sperm. Initially frozen embryos, donor eggs, or donor sperm are also used in ART procedures. A surrogate or gestational carrier may be used.

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IVF (In vitro fertilization), AI-IUI (artificial insemination-intrauterine insemination), and other fertility therapies are in high demand due to the rising prevalence of infertility. Infertility is on the rise in the U.S. According to the US Department of Health and Human Services, about 10 out of every 100 women (6.1 million) had trouble becoming pregnant in 2016.

Due to the increasing prevalence and incidence of infertility in men and women, there has been a significant preference for assisted reproductive technology in recent years. In 2015, about seven million men and women choose aided fertility therapies including IVF, according to the University Of Pittsburgh Medical Center (UPMC Pinnacle). Furthermore, according to the Society for Assisted Reproductive Technology, about 175,000 IVF cycles were performed in 2013, a 6% improvement over 2012.

As a result of the increasing prevalence and incidence of infertility, the number of ART (assistive reproductive technology) clinics in the U.S. As per the National Centers for Chronic Disease Prevention and Health Promotion, there are 499 ART clinics in the United States, 464 of which have registered ART-related results, and 231,936 ART cycles were completed in the U.S. in 2015.

Major Market Competitors: Cooper Surgical Inc., Hamilton Thorne, Inc., FUJIFILM Irvine Scientific, Inc., Merck KGaA, Nidacon International AB, Vitrolife AB, EMD Serono, Inc., INVO Bioscience, IVFtech ApS, Gonagen Medikal, Cook Medical LLC., and CellCura ASA.

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