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Fertility Treatments Market Trends, Key Drivers, Opportunities, Leading Players And Forecast To 2033

06-25-2024 01:00 PM CET | Health & Medicine

Press release from: The Business research company

Fertility Treatments Market Overview

Fertility Treatments Market Overview

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Fertility Treatments Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $25.02 billion In 2028 At A CAGR Of 8.6% :

The fertility treatments market size has grown strongly in recent years. It will grow from $16.54 billion in 2023 to $17.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing infertility rates, advancements in reproductive medicine, healthcare coverage, awareness and stigma reduction.

The fertility treatments market size is expected to see strong growth in the next few years. It will grow to $25.02 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to delayed childbearing, expanding reproductive services, technological advancements, access to fertility services. Major trends in the forecast period include in vitro fertilization (ivf) advancements, single embryo transfer (set), telehealth and virtual consultations, fertility preservation for cancer patients.

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Fertility Treatments Market Major Segments
The fertility treatments market covered in this report is segmented -

1) By Product: Reagents, Equipment
2) By Patient Type: Female, Male
3) By End-User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes

Key Driver - Rising Fertility Treatments Demand Is The Changing Landscape Of Motherhood

The growth in the median age of first-time motherhood combined with change in lifestyle increased the difficulty of conceiving, increasing the demand for fertility treatment. The median age of first-time motherhood has increased all over the globe due to late marriages, contraceptive techniques, and an increase in the number of women who prioritize their careers over starting a family. In 2021 the average age of first-time mothers in America has risen from 25.6 in 2011 to 27.3 in 2021 . Women in other developed countries are also deferring, with the typical first birth occurring at the age of 31 for new mothers. In this scenario, a growing number of women are opting for IVF treatments, which is expected to drive the fertility treatments market.

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Prominent Trend - Innovative Fertility Solutions To Drive The Revenues In The Market

Development of new techniques to treat infertility using a human's body is a key trend in the fertility treatments market. INVOcell is an IVF alternative that uses the woman's body to support fertilization, thus eliminating the cost of a laboratory incubator. The INVOcell device is placed with the eggs and sperm in the vaginal cavity, allowing for the stability of the natural environment, pH, and gas to help in fertilization. INVOcell, which is made in Medford, Massachusetts by INVO Bioscience, costs around $6,800 including medication. Although IVF generated more quality embryos, the birth rates between IVF and INVOcell are similar. According to the journal of assisted reproduction and genetics, 12 out of 20 women gave birth to 15 babies in IVF including three sets of twins and 11 out of 20 women gave birth to 16 babies in INVOcell group including five sets of twins.

Fertility Treatments Market Players
Major companies operating in the fertility treatments market include Apollo Hospitals Enterprise Ltd., Care Fertility Group Limited, Genea Limited, Johns Hopkins Health System Corp., Medicover AB, Monash IVF Group, Progyny Inc., Vitrolife AB, Carolinas Fertility Institute PLLC, OvaScience Inc., Xytex Cryo International Ltd., Merck Group, Cook Group Incorporated, CooperSurgical Inc., Instituto Bernabeu, INVO Bioscience Inc., Cooper Companies Inc., Virtus Health Ltd., CryoChoice LLC, Millendo Therapeutics Inc., FUJIFILM Irvine Scientific Inc., LABOTECT GMBH, Fertility Focus Limited, Olympus Corporation, Irvine Scientific sales Company Inc., Ferring Pharmaceuticals Inc., Prelude Fertility Inc., Boston IVF, RMA Fertility Clinics, Shady Grove Fertility, CCRM Management Company LLC, IVIRMA Global, CARE Fertility

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/fertility-treatments-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the fertility treatment market in 2023. Western Europe was the second largest region in the fertility treatment market. The regions covered in the fertility treatments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Fertility Treatments Market Report Structure
3. Fertility Treatments Market Trends And Strategies
4. Fertility Treatments Market - Macro Economic Scenario
5. Fertility Treatments Market Size And Growth
…..
27. Fertility Treatments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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