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Fertility Tourism Market Increasing Demand, Growth Analysis and Future Outlook by 2031

07-03-2024 01:56 PM CET | Health & Medicine

Press release from: Orion Market Research

Fertility Tourism Market Increasing Demand, Growth Analysis

Global fertility tourism market is anticipated to grow at a CAGR of 12.6% during the forecast period (2024-2031). The increasing adoption of infertility treatment options including In-Vitro Fertilization (IVF), surrogacy, cryopreservation, and fertility medications has created a huge demand for fertility tourism. IVF is a common ART for fertilizing eggs outside the body. Intracytoplasmic Sperm Injection (ICSI) treats male infertility. Egg and Sperm Donation, Preimplantation Genetic Diagnosis (PGD), surrogacy, cryopreservation, and fertility medications are used to treat ovulation and increase sperm production. The ongoing developments in infertility treatment technologies are a key factor driving the global fertility tourism market.

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Recent Market Developments

• In March 2024, TMRW Life Sciences launched CryoLink, a workstation that enables digital management of fertility clinics' frozen specimen inventory. This system allows clinics to access TMRW's Digital Specimen Management system with or without automated storage platforms. The CryoLink system is an intermediate step for clinics to improve critical storage processes without significant investments in time, resources, and facilities.

• In August 2023, Virtus Health launched IVF(SG), a new private fertility clinic in Singapore, aiming to address challenges in the public and private fertility treatment segment. IVF(SG) offers private IVF services at public hospital rates, using a simplified, science-driven treatment model and a team-based approach. It joins Virtus Fertility Centre Singapore as the second clinic under Virtus Health, providing affordable, effective, and science-based care.

• In September 2023, Merck launched a fertility benefit program in eight European, Asia, and Latin American markets, providing financial support for fertility treatments for employees and their partners, similar to similar benefits offered to employees in the US, Canada, and Japan.

Global Fertility Tourism Market Report Segment

By Service

• In Vitro Fertilization (IVF) Services
• Egg Donation Services
• Sperm Donation Services
• Surrogacy Services
• Others (Fertility Medications and Hormonal Treatments)

By Age Group

• Below 28 Years
• 28-34 Years
• Above 35 Years

By End-User

• Female
• Male

By Distribution Channel

• Hospital Pharmacy
• Online Providers
• Drug Stores and Retail Pharmacy

A full report of Fertility Tourism Market available @ https://www.omrglobal.com/industry-reports/fertility-tourism-market

Fertility Tourism Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• R. G. C. Ltd.
• Alpha IVF & Women's Specialists Centre (AIWS)
• BARCELONA IVF, S.L.P.
• BloomLife Hospital
• Bourn Hall Ltd.
• BRIDGE Centre
• Bumrungrad Hospital Public Company Ltd.
• City Fertility
• Claptale
• EQUIPO IVI, S. L.
• Eva Fertility Clinics
• Fakih IVF

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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