Press release
Infertility Treatment Market High-growth Regions to Expand Geographic Footprint 2022-2028 | Ferring Pharmaceuticals A/S, Pfizer, Inc., Bayer AG, Sanofi S.
One of the studies by the American Society for Reproductive Medicine indicates that the number of reported individuals suffering from infertility or related issues in the US alone is more than 5 million. While the number is astounding, it points to the significant need for addressing infertility and all the associated health issues.Global infertility treatment market awaits a healthy growth outlook according to the latest report in the pipeline of Fairfield Market Research. The study highlights all the key factors that influence the issues related to infertility in both males and females, those that accelerate demand for effective treatment for infertility, key regional markets, and competition insights with an intent to help potential entrants in global infertility treatment market landscape.
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Declining Fertility Rates Continue to Push Demand Worldwide
The world has been witnessing a starkly declining rate of fertility, especially among women, over the recent past, for which delayed (planned) childbirth continues to be among the top causes. The report indicates a growing number of instances wherein the age of pregnancy is growing higher that to a certain extent becomes the lead factor restricting the odds of natural fertility. In the light of this, the number of fertility specialists has also more than doubled over the past few years. The study also reports notable growth in demand for IVF, and ICSI treatments in the past few years. The overall revenue generation in infertility treatment market is thus projected to remain on an upswing.
Key Companies in Global Infertility Treatment Market
The report would provide readers with detailed competitive insights through strategic, and financial profiling of some of the leading players in global infertility treatment market space. Johnson & Johnson Services, Inc., Pfizer, Merck & Co., Inc., Abbott Laboratories, Ferring Pharmaceuticals A/S, Inc., Sanofi S.A., and Bayer AG constitute some of the profiled companies in report.
Assisted Reproductive treatment to Hold Dominance in Infertility Treatment Market
The market is projected to witness remarkably growing demand for assisted reproductive technology (ART), thereby giving rise to a host of opportunities in segments like in-vitro fertilisation (IVF), and intra cytoplasmic sperm injection (ICSI). While the former is being promoted as a safer, and more affordable one in front of infertile couples seeking a reliable solution, the overall expensive pricing structure of ART will remain a longstanding challenge to rapid adoption, especially across developing economies.
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Attractive Opportunities Reside in Asia Pacific, China Continues to Lead
With increasing sophistication of healthcare infrastructure, and rising awareness among the public regarding availability of treatments for the various health conditions, Asia Pacific is expected to continue being a lucrative market for infertility treatment providers in industry. The region is also likely to leverage the benefits of its thriving medical tourism industry that majorly enjoys the advantages of high-quality care delivery, lower costs, and wide availability of ancillary facilities necessary for the postoperative care. However, a set of challenges persists for low-and-middle-income groups when it comes to the overall affordability of certain infertility treatment procedures such as IVF. Some of the emerging economies continue to witness the lack of awareness about the necessary infertility treatments, lack of adequate insurance coverage for infertility treatment services, and inadequate diagnostics infrastructure. This will remain the key limiting factor posing an impediment facing the expansion of infertility treatment market in Asia Pacific.
China will remain the top Asian market based on the rapidly flourishing IVF sector, technologically advanced fertility centres, and highly proactive Chinese players with a growing focus on new product and service launches. India also stands as an important market attributing to its accelerated economic development, an increasing number of infertility cases, an immensely developing sector of prenatal and pre-conception diagnostics, and mounting adoption of ART. The entire region is likely to significantly benefit from frequent new launch initiatives, including products and services, strategic partnerships, collaborations, agreements, and brand expansions that continue to make it a highly dynamic and active region for infertility treatment providers, and other stakeholders in market.
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Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values and eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
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