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Infertility Treatment Devices Market (Type - Sperm Separation Devices, Ovum Aspiration Pumps, Sperm Analyzer Systems, Micromanipulator Systems, Microscopes, Incubators, and Others; End-user - Fertility Centers, Hospitals & Clinics, Cryobanks, and Research Institutes): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : August, 2021

  • Rep Id : HC08710

  • Category : Healthcare & Medical Devices

  • Status : Published

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.

 

Infertility Treatment Devices Market



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.


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