A recent report published by
Infinium Global Research on the infertility treatment market provides in-depth
analysis of segments and sub-segments in the global as well as regional
infertility treatment market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional infertility
treatment 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 market. According to the report, the global infertility
treatment market is projected to grow at a robust CAGR over the forecast period
The inability to conceive children
through the natural way of reproduction is called infertility. The fertility
issues are curable and various therapies are used to treat these problems.
Therapies such as drugs assisted reproductive technology and surgery are widely
used to treat patients with fertility problems. Various factors such as age,
body type, lifestyle, underlying disorders, diet, and genetics are responsible
for fertility issues. The healthcare providers consider these factors and 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. In addition, innovative procedures, and devices are being
developed by the market players for infertility treatment, driving their
popularity among healthcare providers, and patients.
The novel coronavirus pandemic had
a serious effect on the Infertility treatments such as surgeries and
medication. As infertility is not a chronic disorder that can lead to a fatal
condition, infertility treatments are not considered emergency procedures.
Thus, many governments halted the infertility treatments in order to divert the
resources for the COVID-19 pandemic. Therefore, the number of infertility
procedures dropped during the period of the pandemic, decreasing the demand for
infertility treatments. Moreover, the supply of medical devices and equipment
used for infertility treatments was also hampered during the pandemic.
Furthermore, the production of medical devices was declined due to the
pandemic. Many components used in medical devices are sourced from countries
including China, Indonesia, Taiwan, Thailand, and Vietnam. The disrupted supply
chain and lockdowns in these countries led to the dropped supply of medical
device components over the period of pandemics. Thus, the lower supply of raw materials
and end-use products during the pandemic period hampered market growth.
The declining rate of fertility
among the population is majorly driving the growth of the infertility treatment
market. Nearly 15% of the global population is unable to conceive a child after
sex. The increasingly unhealthy lifestyle, imbalanced diet, and mental stress
among the population are the major factors causing the drop in the fertility
rate. Moreover, the healthcare infrastructure across the developing regions is
developing rapidly. A large number of hospitals and clinics are been built
across the developing economies in the world. These healthcare facilities have
advanced medical equipment and highly skilled healthcare professionals. This,
in turn, augments the growth of the infertility treatment market. Furthermore,
the guidelines and recommendations for infertility treatment by government
agencies, and health organizations are set to boost the market growth. However,
the high cost associated with infertility treatment is majorly hampering the
growth of the market. Nevertheless, the emergence of advanced technologies in
the field of infertility treatment is anticipated to propel the market over the
In terms of region, North America
accounted for the largest share in the global infertility treatment market. The
domination of North America was due to the drop in the fertility rate in the
region. Hectic lifestyles and unhealthy eating habits led to a lower fertility
rate in North America. Furthermore, Europe has held a considerable share in the
global infertility treatment market owing to the increasing fertility problems
due to higher incidences of chronic disorders, and aging-related infertility.
The Asia Pacific infertility treatment market is estimated to register the
fastest growth rate among the regions. The highest growth rate was mainly
attributed to the growing penetration of advanced medical devices and the
growing adoption of healthcare services.
The report on the global infertility treatment
market covers segments such as product, procedure, patient type, and end user.
On the basis of product, the sub-markets include equipment, imaging systems,
cryosystems, incubators, accessories, and others. On the basis of procedure,
the sub-markets include assisted reproductive technology, in vitro
fertilization, gamete donation, fertility surgery, and others. On the basis of
patient type, the sub-markets include male, and female. On the basis of end
user, the sub-markets include fertility centers, hospitals & clinics,
cryobanks, and research institutes.
The report provides profiles of
the companies in the market such as Cook Group Incorporated, The Cooper
Companies Inc., Esco Micro Pte. Ltd., Genea Limited, Thermo Fisher Scientific,
Vitrolife AB, IVFtech ApS, Kitazato Corporation, Rocket Medical Plc, and SoMATEX
Medical Technologies GmbH.
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 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.