Press release
Global Assisted Reproductive Technology Market to reach US$ 59.64 billion by the year 2029, with a remarkable Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period.
Global Assisted Reproductive Technology Market Report Scope and Research MethodologyMaximize Market Research Pvt. Ltd., a leading market research firm based in Pune, India, has released a comprehensive market research report on the Assisted Reproductive Technology (ART) market.
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The report profiles fifteen key players in the Assisted Reproductive Technology market, covering various regions, and emphasizes the significance of regional differences in R&D activities, technology availability, and cost impact. It offers recommendations for potential growth areas in the Asia Pacific (APAC) region.
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What are Global Assisted Reproductive Technology Market Dynamics?
Assisted Reproductive Technology, primarily In-Vitro Fertilization (IVF), is a groundbreaking medical technique that addresses infertility issues while preserving genetic connections. The market dynamics driving this growth are primarily the increasing prevalence of infertility problems, with statistics indicating a rising number of individuals affected by infertility. The Centers for Disease Control and Prevention (CDC) reports that 12.1% of women aged 15-44 in the United States have impaired fecundity, and 6.7% are infertile, underscoring the demand for ART technology.
Several factors contribute to the growth of the Assisted Reproductive Technology market, including the rise in the number of single women and same-sex couples seeking fertility solutions, greater awareness of IVF and surrogacy, and ongoing technological advancements. Notably, technological innovations, such as aseptic vitrification-based products, are expected to positively impact the market, exemplified by VitriCell SA's successful fundraise of USD 1.2 million. Other factors such as increased tobacco and alcohol consumption, delayed marriages, and rising obesity rates are further propelling market growth.
However, one significant challenge impeding the Assisted Reproductive Technology market's growth is the high cost of infertility treatment. The increasing age of first-time parenthood and a decline in first-time pregnancies among women under 20 are additional contributing factors.
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What is Global Assisted Reproductive Technology Market Regional Insight?
Regionally, Europe is expected to dominate the global Assisted Reproductive Technology market due to an increasing infertility rate, public awareness, technological improvements, and government initiatives. The Asia Pacific region is also set to witness significant growth, with a CAGR of 11.6% over the projected period, attributed to government support for in-vitro fertilization and substantial investment in technological research.
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What is Global Assisted Reproductive Technology Market Segmentation?
by Technology
In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others
by End User
Hospitals
Fertility Clinics
Others
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Who are Global Assisted Reproductive Technology Market Key Players?
1. California Cryobank
2. Bloom IVF Centre
3. Parallabs
4. OvaScience
5. Anecova
6. Origio
7. Microm Ltd.
8. Merck KGaA
9. Cooper Surgical, Inc
10. Ferring Pharmaceuticals
11. Cosmos Biomedical Limited
12. Cryolab Ltd.
13. European Sperm Bank
14. Irvine Scientific
Table of content for the Global Assisted Reproductive Technology Market includes:
Global Global Assisted Reproductive Technology Market: Research Methodology
Global Global Assisted Reproductive Technology Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Global Assisted Reproductive Technology Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
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