Press release
Infertility Treatment Market Size (2022-2030) to Touch USD 3.0 Billion, at 7.9% CAGR
According to the research report, the global infertility treatment market was valued at USD 1.53 billion in 2021 and is expected to reach USD 3.0 Billion by 2030, growing at a CAGR of 7.9% during the forecast period.The increasing number of fertility clinics, technological advancements, and declining fertility rate in both male and female populations are the prime factors for the global industry growth. In addition, genetic abnormalities, inactive lifestyle, early marriages, stress, prostate cancer, high consumption of alcohol, and many others are leading the infertility problems, which, in turn, accelerates the global demand. Furthermore, rising investment for the development of healthcare infrastructure, increasing medical tourism, and growing adoption of fertility treatment options by same-sex couples and single parents are further surging the global demand.
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Based on the product, the equipment segment is dominating the global industry with the highest revenue share, owing to the emergence of the novel technologies, increasing investment for the R&D activities, as well as rising inclination for strengthening product portfolio by the leading manufacturers, are augmenting the segment demand around the world. Whereas the sperm separation segment is showing the highest CAGR rate that leads the global demand. This device is highly adopted for ARTs (Assisted Reproductive Technology) such as artificial insemination and IVF. The growing male population and technological developments are the prime factors that foster the segment demand in the approaching years.
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The growing population, majorly in India and China, and the growing focus on developing the healthcare infrastructural are the chief factors contributing to the industry growth. The emerging markets in APAC and RoW are offering various lucrative opportunities for growth. Accordingly, these productive opportunities are gaining huge traction among the leading players for undertaking strategic developments, geographical expansions, and acquisitions with domestic or international vendors to boost the consumer base. Hence, these factors are surging the global demand in the near future.
Top Market Players Are:
Major participants such as Ivftech, Esco Micro Pte. Ltd., Fujifilm Irvine Scientific, Genea, Hamilton Thorne Ltd., Ihmedical A/S, Kitazato Corporation, Cook Group, Rocket Medical Plc, The Baker Company, Inc., Zeiss Group, Thermo Fisher Scientific, Vitrolife, and The Cooper Companies Inc. are some of the key players operating in the global market.
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Polaris Market Research has segmented the infertility treatment market report on the basis of product, procedure, patient, end-use, and region:
Infertility Treatment, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Equipment
Microscopes
Imaging Systems
Sperm Analyzer Systems
Ovum Aspiration Pumps
Micromanipulator Systems
Incubators
Gas Analyzers
Laser Systems
Cryosystems
Sperm Separation Devices
Media & Consumables
Accessories
Infertility Treatment, Procedure Outlook (Revenue - USD Billion, 2018 - 2030)
Assisted Reproductive Technology
Artificial Insemination
Fertility Surgeries
Other Procedures
Infertility Treatment, Patient Outlook (Revenue - USD Billion, 2018 - 2030)
Female
Male
Infertility Treatment, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Fertility Centers
Hospitals & Surgical Clinics
Cryobanks
Research Institutes
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About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.
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