Assisted Reproductive Technology Market is Expected to Exhibit a CAGR of 6.1% During 2024-2031 | Microm UK Ltd, Hamilton Thorne Inc, Merck KGaA, Laboratoire CCD, Vitrolife AB

The global assisted reproductive technology market reached USD 33.8 billion in 2022 and is expected to witness lucrative growth by reaching up to USD 53.7 billion by 2030. The global assisted reproductive technology market is expected to exhibit a CAGR of 6.1% during the forecast period (2024-2031).

The Assisted Reproductive Technology market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Medical techniques used to aid individuals in achieving pregnancy, including IVF, egg/sperm donation, and surrogacy. ART is commonly used when couples face fertility issues.

Forecast Growth Projected:

The Global  Assisted Reproductive Technology Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the  Assisted Reproductive Technology Market:

Irvine Scientific (FUJIFILM Corporation), CooperSurgical Inc, Thermo Fisher Scientific, Inc., Genea Biomedx, Microm UK Ltd, Hamilton Thorne Inc, Merck KGaA, Laboratoire CCD, Vitrolife AB, OvaScience Inc among others.

Industry Development:

➠ On March 28, 2023, ART Fertility Clinics has launched its first tv advertisement, which features a woman who seeks treatment at the company after being unable to conceive naturally. The advertisement emphasises the clinic's three trust factors: treatment, technology, and transparency, which have contributed to its 70% pregnancy success rate.

Research Methodology:

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Market Dynamics:

The ART market is expanding due to increasing infertility rates, advancements in procedures like IVF, and greater acceptance of alternative family structures. However, ethical debates and high costs remain hurdles. Personalized treatments and expanding access in emerging markets are promising opportunities for growth.

Segment Covered in the  Assisted Reproductive Technology Market:

➠ By Technology Type (In Vitro-fertilization, Artificial Insemination, Frozen Embryo Replacement, Others)
➠ By Procedure (Fresh donor, Fresh non-donor, Frozen donor, Frozen non-donor, Embryo banking)
➠ By End-User (Hospital, Fertility Clinics, Others)

This Report Covers:

✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Assisted Reproductive Technology Market:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Assisted Reproductive Technology market?
➠ Who are the global key manufacturers of the Assisted Reproductive Technology Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Assisted Reproductive Technology market opportunities and threats faced by the vendors in the global Assisted Reproductive Technology Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Assisted Reproductive Technology market?
➠ What are the different sales, marketing, and distribution channels in the global industry?

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