Assistive Reproductive Technology Market Size is Going to Boom at $14,272.5 million, Grow at CAGR of 14.3% by 2028 | Cooper Surgical Inc., Hamilton Thorne, Inc., FUJIFILM Irvine Scientific, Inc., Merck KGaA

The global assisted reproductive technology market is growing due to an increase in the prevalence of infertility, an increase in funding from private and government organisations for infertility services, an increase in awareness about infertility treatment and surrogacy, and an increase in technology in assisted reproductive technology. According to the World Health Organization (WHO), around 186 million individuals and 48 million couples will be diagnosed with infertility by 2020. According to the Centers for Disease Control and Prevention (CDC), roughly 6% to 12% of PCOS women in the United States were also diagnosed with infertility.

The global assisted reproductive technology market size was valued at $4,317.7 million in 2021, and is estimated to reach $14,272.5 million by 2028, growing at a CAGR of 14.3% from 2022 to 2028.

Assisted reproductive technology such as in vitro fertilization (IVF), artificial insemination (AI-IUI), and frozen embryo replacement, are used in the fertility clinics and surgical centers for the treatment of infertility.

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As the prevalence of PCOS rises, so does the risk of infertility, fueling the expansion of the assisted reproductive technology industry. TMRW Life Sciences, a life science technology business that provides a platform for tracking and monitoring, announced the debut of the world's first automated frozen specimen management solution for eggs and embryos used in IVF in February 2021. Thus, technical innovation includes the use of software and imaging systems to track embryo growth on monitors. Furthermore, in 2018, LUMSA University in Italy unveiled the WoMoGeS (Women's Movement and Gestational Surrogacy) project, which intends to educate disadvantaged women in poor countries about gestational surrogacy.

⏩ Top Key Manufacturers of the Report:

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

Scope of the Report:

The Global Assistive Reproductive Technology market report provides a holistic evaluation of the market for the forecast period (2022-2028). The report comprises various segments as well an analysis of the trends and factors that are playing a substantial role in the market. The Assistive Reproductive Technology market report growth depends on product application, type, technology, and region. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.

⏩ Market Segments covered in the Report:

By Product Type:
Consumables
Instruments

By Technology:
In-vitro fertilization (IVF)
IVF with Intracytoplasmic Sperm Injection (ICSI)
IVF without Intracytoplasmic Sperm Injection (ICSI)
Artificial Insemination-Intrauterine Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others

By Procedure:
Fresh Donor
Frozen Donor
Fresh Nondonor
Frozen Nondonor
Embryo/Egg Banking
Others

⏩ 𝗞𝗲𝘆 𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗼 𝗕𝘂𝘆 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁:

☑ It attempts an analysis of the competing scenario.
☑ The current and exceptional product revenue market.
☑ An in-depth data on the regional investigation and competitive landscape structure.
☑ It benefits in creating an awareness of the important key product segments.
☑ The marketing strategies, opportunities, and development factors are explained.
☑ Assistive Reproductive Technology market size estimation and recent advancements in the industry are explained.

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Regional Analysis for Assistive Reproductive Technology Market:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical year - 2016-2020
Base year - 2021
Forecast period** - 2022 to 2028 [** unless otherwise stated]

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Revenue and Sales Estimation:

Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized types and end-use industries. The report on the global Assistive Reproductive Technology Market examines changing regulatory scenarios to make accurate projections about potential investments.

Some of the key questions answered in this report:

✦ What will the market growth rate, growth momentum, or acceleration the market carry during the forecast period?
✦ Which are the key factors driving the Assistive Reproductive Technology market?
✦ What was the size of the emerging Assistive Reproductive Technology market by value in 2022?
✦ What will be the size of the emerging Assistive Reproductive Technology market in 2028?
✦ Which region is expected to hold the highest market share in the Assistive Reproductive Technology market?
✦ What trends, challenges, and barriers will impact the development and sizing of the global Assistive Reproductive Technology market?

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