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Global Infertility Devices Market Valued at USD 1.5 Billion in 2022, Expected to Grow at a CAGR of 7.2% from 2023 to 2033

05-23-2023 06:26 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Global Infertility Devices Market Valued at USD 1.5 Billion

As per the study initiated by Evolve Business Intelligence, the global Infertility Devices market size accounted for USD 1.5 Billion in 2022, growing at a CAGR of 7.2% from 2023 to 2033. The infertility devices market refers to the market for medical devices and technologies used in the diagnosis and treatment of infertility. Infertility is a medical condition characterized by the inability to conceive or carry a pregnancy to term. Infertility devices encompass a wide range of products designed to assist in various aspects of fertility assessment, assisted reproductive technologies (ART), and fertility preservation. The prevalence of infertility is on the rise globally, with factors such as advanced maternal age, lifestyle changes, hormonal imbalances, and reproductive disorders contributing to the growing incidence. As more individuals and couples seek medical assistance for infertility, the demand for specialized devices for diagnosis and treatment increases.
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Key Highlights:
• The global Infertility Devices Market size was valued at USD 1.5 billion in 2022 growing at a CAGR of 7.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Infertility Devices Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Infertility Devices market report also includes the following data points:
• COVID19 Impact on Infertility Devices market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Infertility Devices market
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Key Players
Some of the major Infertility Devices players holding high market share include Carl Zeiss Meditec AG, Thermo Fisher Scientific Inc., Vitrolife AB, and The Baker Company, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Carl Zeiss Meditec AG
• Thermo Fisher Scientific Inc.
• Vitrolife AB
• The Baker Company, Inc.
• The Cooper Companies, Inc.
• Fujifilm Irvine Scientific
• IVFTECH APS
• Kitazato Corporation
• MedGyn Products, Inc.
• Rocket Medical plc
• SOMATEX Medical Technologies GmbH
• Cook Group Incorporated
• Esco Micro Pte Ltd
• Hamilton Thorne, Ltd
• Art Biotech Pvt. LT
• Merck
Segmental Analysis
Market Segment By Procedure with focus on market share, consumption trend, and growth rate of Infertility Devices Market:
o Assisted Reproductive Technology
o Artificial Insemination
o Fertility Surgery
o Others
Market Segment By Gender with focus on market share, consumption trend, and growth rate of Infertility Devices Market:
o Male
o Female
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Infertility Devices Market:
o Fertility Centers
o Hospitals & Surgical Hospitals & Surgical Clinics
o Cryobanks
o Others
Parameters Details
Market Size (2022) $ 1.5 Billion
CAGR (2023 to 2033) 7.2%
Market Segmentation Procedure, Gender, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Infertility Devices Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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