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Infertility Treatment Market (Product - Equipment, Imaging Systems, Cryosystems, Incubators, Accessories, and Others; Procedure - Assisted Reproductive Technology, In Vitro Fertilization, Gamete Donation, Fertility Surgery, and Others; Patient Type - Male, and Female; 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 : HC08712

  • Category : Healthcare & Medical Devices

  • Status : Published

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 of 2021-2027.

 

Market Insight

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 forecast period.

 

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.

 

Segment Covered

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.

 


Infertility Treatment Market


Companies Profiled:

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.

 

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 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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