Press release
Fertility Services Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Fertility Services Market Size
The projected increase in infertility rates is expected to heighten the need for fertility services in the foreseeable future. This surge in infertility is due to a mix of sociological and ecological factors including changes in lifestyle such as obesity, stress or depression, and high alcohol consumption. This, in turn, creates a significant demand for fertility services. For example, the World Health Organization (WHO), a Switzerland-based international public health organization, stated in April 2023 that several individuals of reproductive age worldwide are expected to face infertility issues, impacting their families and communities. Globally, approximately 1 in 6 adults, or around 17.5% of the worldwide adult populace, are grappling with infertility. As a result, the escalating rates of infertility will fuel demand in the fertility services market.
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What is the future CAGR of the fertility services market, and how will it impact industry expansion?
In the last few years, there has been a significant expansion in the fertility services market. It is projected to increase from $64.53 billion in 2024 to $74.42 billion in 2025, with a compound annual growth rate (CAGR) of 15.3%. Factors contributing to the growth witnessed during this period include a high occurrence rate of polycystic ovary* syndrome (PCOS), a surge in premature ovarian failure cases, an increase in male infertility instances, insurance coverage provision for in vitro fertilization (IVF) procedures, and a rise in same-sex couples.
In the coming years, the fertility services sector is poised to undergo significant expansion, with its market size predicted to hit $126.58 billion by 2029, yielding a compound annual growth rate (CAGR) of 14.2%. Several factors are propelling this growth prospective for the forecast period, such as climbing infertility rates, advancements in the field of fertility treatment technology, a surge in the utilization of fertility services for achieving successful pregnancies, increasing state initiatives, elevated disposable income and shifting trends toward delayed parenthood. Some noteworthy trends forecasted for the period include the incorporation of artificial intelligence in fertility services, ongoing technological strides, preimplantation genetic testing for aneuploidy (PGT-a), DNA fragmentation index (DFI), Blockchain-enabled fertility service apps, in-vitro fertilization utilizing IoT (Internet of Things), and strategic consolidations and acquisitions.
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What are the most significant trends transforming the fertility services market today?
There has been a marked rise in the number of research collaborations and funding approvals in the fertility services market, as corporations seek to augment their potential for growth. Major players in this market are anticipated to amplify their investment in research and development, with a focus on unveiling new state-of-the-art techniques and fertility drugs. To illustrate, in October 2022, Maven Clinic, an American firm that delivers virtual clinic services for women's and family health via telemedicine, joined forces with Indira IVF. The purpose of this partnership was to offer Maven members in India access to the high-standard clinical care, extra privileges, and superior virtual family-building care that Indira IVF provides through the Maven platform. Indira IVF operates as a chain of specialty infertility clinics based in India.
Which key market segments comprise the fertility services market and drive its revenue growth?
The fertility services market covered in this report is segmented -
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
Subsegments:
1) By Assisted Reproductive Technology (ART): Intracytoplasmic Sperm Injection (ICSI), Frozen Embryo Transfer (FET), Donor Egg And Sperm Programs
2) By In-Vitro Fertilization (IVF): Conventional IVF, Mini IVF (Mild Stimulation IVF), Natural Cycle IVF
3) By Artificial Insemination: Intrauterine Insemination (IUI), Intracervical Insemination (ICI), Intratubal Insemination (ITI)
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What regions are at the forefront of fertility services market expansion?
Western Europe was the largest region in the fertility services market in 2024. North America was the second largest region in global fertility services market share. The regions covered in the fertility services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the fertility services market?
Major companies operating in the fertility services market include Vitrolife, Merck KGaA, Progyny Inc., Virtus Health, Medicover Group, Apollo Hospitals Enterprise Ltd., Integramed America, Inc., The Johns Hopkins Health System Corp, Care Fertility, Australian Concept Infertility Medical Center (ACIMC), Bahosi Fertility Centre, Bloom Fertility Center, Center for Advanced Reproductive Medicine and Infertility, Chennai Fertility Center, Cloudnine Fertility, Damai Service Hospital, Flinders Reproductive Medicine Pty Ltd, Genea Oxford Fertility Limited, IHH Healthcare Berhad, IVF NAMBA Clinic, IVF Sri Lanka Life Plus (Pvt) Ltd, KL Fertility & Gynecology Centre, LIFE - Lahore Institute of Fertility & Endocrinology, Maria Fertility Hospital, Morula IVF, Nepal International Fertility Centre, Repromed, SAFE Fertility Center, Southend Fertility and IVF, Thomson Medical Pte Ltd, TMC Fertility Centre, Victory A.R.T. Laboratory Phils. Inc, Virtus Health, CHA Fertility Center, United Family Hospital, The New Hope Fertility Center, NOVA IVF Fertility, Baby Joy Fertility and IVF, Fortis La Femme, ART Fertility Clinics, Ferticity Fertility Clinic, Milann Fertility Centre, Fertility First, City Fertility Sydney, Westmead Fertility Centre, Demeter Fertility, Adora Fertility, Rainbow Fertility, Monash IVF Group Limited, Mitra Keluarga Karyasehat Tbk PT, Sarang-i IVF Center, Beyond IVF, Bumrungrad International Hospital, Superior A.R.T, King's Fertility, Manchester Fertility, St Roch IVF Center, Clinique De La Muette, Institut Marques, Hopital Cochin, iTrust Fertility, Apricity, Agora Clinic, TFP Fertility, Apryl, CCRM Fertility Clinic, ORIGIO, Maven Clinic, Bayonne Centre, Biomedival, Grand Paris Fertility Centre, Ava-Peter Clinic, IVF Russia (The International Centre Of The Reproductive Medicines), Next Generation Clinic, Scandinavia AVA-Peter, Nova Vita Clinic, INVICTA Fertility Clinics, Gyncentrum Fertility Clinic, Md Medical Group, Invo Bioscience, New Hope Fertility Center, Carolinas Fertility Institute, Newlife Fertility Centre, Dallas Fort Worth Fertility Associates, Overlake Reproductive Health, Fertility Center Of Las Vegas, Weill Cornell Medicine - Center For Reproductive Medicine, UCSF Center For Reproductive Health, Brigham And Women's Hospital Center For Infertility And Reproductive Surgery, Columbia University Fertility Center, Duke Fertility Center, Advanced Fertility Center Of Texas, Cleveland Clinic Fertility Center, NYU Langone Fertility Center, Mayo Clinic Assisted Reproductive Technologies Rochester, Massachusetts General Hospital Fertility Center, IVF Canada, Bio Fertility Center, The Mexican Institute For Higher Reproductive Technology (Inmater), Select IVF, Fertility Patagonia, In Vitro Buenos Aires, Halitus Instituto Medico, Pregna Medicina Reproductiva, IVF Panama Centro De Reproduccion Punta Pacifica, Colombian Center For Fertility, Sterility, Carrot Fertility, Oya Care, Kitazato, Dubai Fertility Center, Fakih IVF Fertility Center, Orchid Fertility, Bourn Hall Fertility Clinic, Alboshra IVF Center, George's Memorial Medical Centre, Nordica Fertility Centre, The Olive Branch Clinic, St. Ives Specialist Hospital, Bridge Clinic Fertility Centre, Cairo Fertility Centre, Queens Fertility Centre, BPE Partners, Cleopatra Hospitals Group
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What Is Covered In The Fertility Services Global Market Report?
• Market Size Forecast: Examine the fertility services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the fertility services market for a structured understanding.
• Key Players Overview: Analyze major players in the fertility services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fertility services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the fertility services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fertility services market.
• Industry Challenges: Identify potential risks and obstacles affecting the fertility services market.
• Competitive Landscape: Review strategic developments in the fertility services market, including expansions, agreements, and new product launches.
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