Press release
Impact Of Rising Infertility Rates On The Market Growth Driver: A Major Catalyst in the Evolution of the Luveris Market in 2025
Luveris Market Size
In recent times, the luveris market has experienced an $XX growth. Projections indicate that its growth will continue, shifting from $XX million in 2024 to $XX million in 2025 with a Compound Annual Growth Rate (CAGR) of $XX%. The factors contributing to this growth during the historic period include a rise in the number of fertility clinics, an increase in healthcare spending, the expansion of personalized medicine, a growing prevalence of obesity, and escalating urbanization.
In the upcoming years, the luveris market size is projected to experience $XX. It is predicted to reach a value of $XX million by the year 2029, growing at a compound annual growth rate (CAGR) of $XX%. The market expansion during the forecast period is largely down to the escalating prevalence of infertility among both sexes, the growing incidence of hormonal disorders, an increase in obesity rates, higher financial investments in fertility research, and a rise in genetic screenings. Dominant trends throughout this forecast period include the integration of artificial intelligence, technological progress, assisted reproductive technology, advancements in hormone therapy, and the shift towards personalized medicine.
What Are the Primary Growth Drivers for the Luveris Market?
The growth of the Luveris market is projected to be fuelled by the escalating rates of infertility. Infertility rates are representative of the ratio of couples or individuals unsuccessful in conceiving after a certain time frame of attempts, usually gauged over a year of unprotected sexual activity. The surge in infertility rates is linked to variables like deferred childbearing, lifestyle decisions, environmental contaminants, and existing health issues. Luveris (lutropin alfa) is employed for the treatment of infertility in women experiencing low quantities of luteinizing hormone (LH), by inducing ovulation and enhancing the evolution of eggs in the ovaries. For example, by July 2024, the Human Fertilization and Embryology Authority, which is a UK-based fertility treatment and research regulator, revealed that roughly 52,500 patients underwent in vitro fertilization (IVF), with an additional 3,000 receiving donor insemination (DI) treatment at HFEA licensed fertility clinics in the UK in 2022. The amount of IVF cycles, including both fresh and frozen embryo transfers, escalated to 77,000 in 2022, signifying an 11% increase from the 69,000 reported in 2019. Thus, the increase in infertility rates is expected to spur the expansion of the Luveris market.
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Who Are the Dominant Companies Influencing Luveris Market Trends?
Major companies operating in the luveris market include Merck KGaA
What Are the Major Trends Shaping the Luveris Market?
A principal trend noticeable in the luveris market is the implementation of a strategic investment strategy for the advancement and production of innovative pharmaceuticals. Strategic investments refer to commitments made with the intention of meeting long-term business aims, such as increasing the business's competitive edge, enlarging its market footprint, or improving operational efficiencies. As an illustration, Merck KGaA, a German company specialising in science and technology, placed a $316 million (€300 million) investment in a brand new research institution at its global headquarters in Darmstadt, Germany in April 2024. The avant-garde research hub will concentrate on devising solutions for manufacturing antibodies, mRNA uses, and other indispensable biotechnological production products within Merck's Life Science division. The hub will also unify research on critical technologies, namely raw materials and procedures for producing antibodies, recombinant proteins, and viral vectors. Furthermore, the facility will enhance research in areas like cell culture media, pharmaceutical formulation and purification aids, digital reference materials, and the ongoing evolution of analytical chromatography, a technique for separating, identifying, and calculating chemical elements. The new facility will also conduct investigation along the mRNA value chain.
What Are the Different Segmentations in the Luveris Market?
The luveris market covered in this report is segmented -
1) By Formulation: Injectable Formulation (Intravenous), Pre-Filled Syringes
2)By Indication: Treatment Of Hypogonadotropic Hypogonadism, Ovulation Induction, Assisted Reproductive Technology
3) By Route of Administration: Subcutaneous Injection, Intramuscular Injection
4) By Patient Demographics: Adult Female Patients, Adult Male Patients, Couples Undergoing Fertility Treatments
5) By End User: Hospitals, Fertility Clinics, Specialty Pharmacies, Home Healthcare Providers
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Which Region Is at the Forefront of the Luveris Market?
North America was the largest region in the luveris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luveris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Luveris Global Market Report?
- Market Size Analysis: Analyze the luveris Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the luveris 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 luveris market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the luveris market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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Impact Of Rising Infertility Rates On The Market Growth: A Key Factor Shaping th …
How Are the key drivers contributing to the expansion of the luveris market?
The luveris market is predicted to expand as a result of the increasing infertility rates. These rates represent the proportion of couples or individuals who, after a specified period of unsuccessful attempts, usually over a year of unprotected sex, cannot conceive. The rise in infertility is linked to things such as postponed childbearing, lifestyle choices, environmental contaminants, and…
