A recent report published by Infinium
Global Research on infertility treatment devices market provides in-depth
analysis of segments and sub-segments in the global as well as regional
infertility treatment devices market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional
infertility treatment devices market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global infertility treatment devices market. According to the report,
the global infertility treatment devices market is projected to grow at a CAGR of
8.38% over the forecast period of 2021-2027, growing from nearly USD 1,131
million in 2020 to about USD 1,954 million in 2027.

Market
Insight
Infertility is the inability to
conceive a child through the natural reproduction method. Several treatments are
used to the fertility problems faced by the patients. Infertility treatment
includes drugs, assisted reproductive technology, and surgery. Infertility
treatment depends upon various factors including age, body type, lifestyle,
underlying disorders, diet, and genetics. Considering these factors, the
healthcare providers offer the best suitable treatment for the patients.
Moreover, infertility treatment includes different procedures, including
in-vitro fertilization, gamete donation, sperm injection, and insemination.
These methods are widely used to treat infertile patients. Furthermore,
healthcare facilities such as hospitals, clinics, research institutes, and
fertility centers are the major infertility treatment providers. As technology
evolves, new methods and devices have been developed for infertility treatment,
supporting their popularity among healthcare providers and patients.
Infertility treatments such as
surgeries and medication were hugely affected by the pandemic. Infertility
treatments aren’t considered emergency procedures, as infertility is not a
chronic disorder that can turn out to be fatal. Thus, the number of infertility
procedures dropped over the period of pandemics. This, in turn, decreased the
demand for infertility treatments during the pandemic. The supply of medical
devices and equipment used for infertility treatments was hampered during the
pandemic. Moreover, the production of infertility treatment devices was also
affected due to the pandemic. A number of components used in the infertility
treatment devices are sourced from countries including China, Indonesia,
Taiwan, Thailand, and Vietnam. The disrupted supply chain coupled with
lockdowns in these countries led to the decline in the supply of medical device
components over the period of pandemics. Thus, the lower supply of raw materials
and end-use products during the pandemic era hampered market growth.
A rise in the cases of infertility is
majorly driving the growth of the infertility treatment devices market. About
15% of the global population is unable to conceive a child after sex. The
growing unhealthy lifestyle, imbalanced diet, and mental stress among the
population are leading to the increasing rate of infertility. Moreover, the
healthcare infrastructure across the world is rapidly developing. A large
number of hospitals and clinics are been opened across the developing regions
in the world. Many of these healthcare facilities have sophisticated medical
equipment and highly skilled healthcare professionals. This, in turn, drives
the growth of the infertility treatment devices market. Furthermore, the
recommendation for infertility treatment by several health organizations is
augmenting the market growth. However, the high cost associated with
infertility treatment is majorly hampering the growth of the market. Moreover,
technological advancements in infertility treatment devices are anticipated to
boost the market over the forecast period.
The North America region dominates the
global infertility treatment devices market due to an increase in infertility
cases due to a hectic lifestyle full of unhealthy eating habits. Furthermore,
Europe is expected to hold a significant share in the global infertility
treatment devices market due to the rising infertility problems due to higher
incidences of chronic disorders, and aging-related infertility. The infertility
treatment devices market in the Asia Pacific region is projected to witness the
fastest growth owing to the increasing penetration of advanced medical devices
and growing adoption of healthcare services. South America and Middle East
& Africa are likely to expand at a healthy rate over the forecast years due
to the technological advancements in the diagnosis and treatment process. This,
in turn, is likely to boost demand for the infertility treatment devices market
in the South America and Middle East & Africa regions.
Segment
Covered
The report on global infertility
treatment devices market covers segments such as type, and end-user. On the
basis of type, the sub-markets include sperm separation devices, ovum
aspiration pumps, sperm analyzer systems, micromanipulator systems,
microscopes, incubators, and others. On the basis of end-user, the sub-markets
include fertility centers, hospitals & clinics, cryobanks, and research
institutes.
Companies
Profiled:
The report provides profiles of the
companies in the market such as The Cooper Companies Inc., Cook Group
Incorporated, DxNow, Inc., Esco Micro Pte. Ltd., Hamilton Thorne Inc, IVFtech
ApS, Kitazato Corporation, Merck KgaA, Rocket Medical Plc, and Vitrolife
AB.
Report
Highlights:
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the infertility treatment devices market. Moreover, the study
highlights current market trends and provides forecast from 2021-2027. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.