Press release
Fertility Services Market Boom: Surging at a CAGR of 14.2% to Reach $126.58 Billion by 2029 Driven By Technological Advancements and Rising Infertility Rates
Fertility Services Market
• The rapid rise in fertility services market from $64.53 billion in 2024 to $74.42 billion in 2025 marking a compound annual growth rate (CAGR) of 15.3%.
• The growth in the historic period can be attributed to high prevalence of polycystic ovary* syndrome (PCOS), an increase in premature ovarian failure cases, male infertility, insurance coverage for IVF procedures and rise in same-sex couples.
• The market size is expected to grow rapidly in the coming years to reach $126.58 billion in 2029 at a CAGR of 14.2%.
• This massive surge can be attributed to rising infertility rates, technological developments in fertility treatment, adoption of fertility services for enabling pregnancy, government initiatives, increase in disposable income and a growing trend of late parenthood.
What is Driving the Growth in the Fertility Services Market?
The boost in fertility services market is primarily driven by growing infertility rates. Various social and environment-related factors, including lifestyle changes such as obesity, stress or depression and high consumption of alcohol result in a surge in infertility rates, thereby stimulating a significant requirement for fertility services. According to the World Health Organization (WHO) in April 2023, millions of people of reproductive age globally will experience infertility issues that may affect their families and communities. It is estimated that 1 in 6 adults, approximately 17.5% of the adult population, struggle with infertility.
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Who Are the Key Players Driving Fertility Services Market Growth?
Key players in the global fertility services market are:
• Vitrolife
• Merck KGaA
• Progyny Inc.
• Virtus Health
• Medicover Group
• Apollo Hospitals Enterprise Ltd.
• Integramed America, Inc.
• Agora Clinic
• TFP Fertility
• Apryl
• Victory A.R.T. Laboratory Phils. Inc.
• IVF Sri Lanka Life Plus (Pvt) Ltd
• KL Fertility & Gynecology Centre
• Miami Fertility Institute
• Columbia University Fertility Center
What Are The Key Trends In The Fertility Services Market?
Key trends in the terminal market include:
• Focus on artificial intelligence in fertility services
• Technological advancements in fertility treatment
• Use of preimplantation genetic testing for aneuploidy screening (PGT-a)
• Inclusion of DNA fragmentation index (DFI)
• Blockchain-based fertility service apps
• IoT (internet of things) in IVF services
• Strategic partnerships and mergers and acquisitions.
What Are The Segments Of The Global Fertility Services Market?
The fertility services market is categorized:
1) By Procedure: Assisted Reproductive Technology (ART), In-Vitro Fertilization, Artificial Insemination.
2) By Service: Fresh Non-Donor, Frozen Non-Donor, Egg and Embryo Banking, Fresh Donor, Frozen Donor.
3) By Application: Male, Female.
Which Region Leads The Fertility Services Market?
Western Europe leads the fertility services market as of 2024 followed closely by North America. The regions covered in the fertility services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Fertility Services Market Global Market Report?
- Market Size Analysis: Analyze the Fertility Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fertility Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fertility Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fertility Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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