Global Assisted Reproduction Technology & Services Market Expected to Grow Till 2021

In-vitro fertilization and assisted reproduction comprises a series of procedures used to treat infertility or other genetic conditions and help in an assisted pregnancy. Conventionally, assisted reproduction technology & services market procedure involves the artificial insemination or implantation of embryos into the womb. During the procedure, mature eggs are collected (retrieved) from the ovaries and fertilized by sperm in a lab and replanted into the uterus of the woman. According to the World Health Organization (WHO) approximately 50 million couples worldwide are unable to have a child. The study concludes that 1.9 percent of women aged 20-44 who want a pregnancy are unable to have their first live birth and 10.5 percent of women who had previously given birth were unable to have another baby after five years of trying. Approximately 5 million babies are born each year with the help of fertility treatments such as IVF, and intracytoplasmic sperm injection (ICSI) among other methods.

Assisted reproduction technologies are also in demand from rising number of single gender couples who wish to have a child. Although information on this area is highly limited, there are a growing number of couples who seek the joy of raising children. Growing acceptance of LGBT couples across the world has increased the demand as well. Post-menopausal women can also choose to conceive using IVF techniques. The IVF market comprises several types of devices and equipment employed to complete a cycle. Each cycle costs approximately US$10,000 in United States and can cost up to US$ 5,000 in Asian and Latin American countries.

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This ongoing research encompasses assisted reproduction technology & services market intended for use in in-vitro fertilization (IVF) and similar assisted reproduction technology (ART) proceduressuch as gamate intrafallopian transfer (GIFT), embryo transfer (ET), intracytoplasmic sperm injection (ICSI) and other assisted fertility techniques. Micromanipulators, microinjectors, assisted reproduction microscopes, assisted reproduction catheter-needle kits, aspiration and suction pumps, embryo incubators and cryopreservation equipment. The analysis also covers the market for services by type of ART procedures such as IVF, GIFT, ET, ICSI, FET/FER or frozen embryo transfer and Testicular sperm extraction (TESE) .

The report also provides insight into the market for assisted reproduction technology, products and services by end-users such as fertility clinics, hospitals and research centers. The study aims to provide a thorough holistic view on the industry and highlight the key changing dynamics in acceptance, ethical challenges, growth drivers and restraints of the global market.

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