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A recent report published by Infinium Global Research on 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 global infertility treatment market.
Infertility is defined as the inability to conceive children by the natural way of reproduction. The fertility concerns are treatable and various treatments are used to treat these complications. Therapies such as drug-assisted reproductive technology and surgery are extensively used to treat patients with fertility difficulties. Several factors such as age, body type, lifestyle, underlying disorders, diet, and genetics are accountable for fertility issues. The healthcare providers reflect these factors and offer the superlative suitable treatment for the patients. Besides, infertility treatment encompasses diverse procedures, including in-vitro fertilization, gamete donation, sperm injection, and insemination which are widely used to treat infertile patients. Also, healthcare facilities such as hospitals, clinics, research institutes, and fertility centers are the main infertility treatment sources. In addition, innovative techniques, and devices are being advanced by the market players for infertility treatment, driving their attractiveness among healthcare providers, and patients.
The infertility treatment market is rapidly expanding due to the decreasing fertility rates amongst the population. Approximately 15% of the global population is facing challenges in conceiving a child through intercourse. This decline in fertility rates can be attributed to various factors such as an increasingly unhealthy lifestyle, an imbalanced diet, and high levels of mental stress among individuals. The increasing awareness of infertility is yet another crucial factor driving the surge in demand for IVF treatments. Furthermore, the healthcare infrastructure in developing regions is rapidly advancing, with numerous hospitals and clinics being constructed in economies across the world. The presence of top-notch medical equipment and expertly trained healthcare staff in these facilities plays a crucial role in fueling the expansion of the infertility treatment market. Additionally, government agencies and health organizations' endorsement and guidance for such treatments are poised to further drive market growth. Nonetheless, the high expenses involved in infertility treatment remain a major obstacle. Nevertheless, the continuous development of cutting-edge technologies in this area provides a lucrative opportunity for market growth.
North America is the largest market share region in the infertility treatment market. The supremacy is due to the drop in the fertility rate in the region. The hectic routines and unhealthy eating lifestyles led to a lower fertility ratio in North America. Also, Europe holds a substantial share in the global infertility treatment market owing to the growing fertility problems due to higher occurrences of chronic disorders, and aging-related infertility. Moreover, 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.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 1.56 Billion |
| Market Size by 2030 | USD 2.90 Billion |
| Growth Rate from 2023 to 2030 | CAGR of 8.1% |
| Largest Market | North America |
| No. of Pages | 300 |
| Market Drivers |
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| Market Segmentation | By Product, By Procedure, By Patient Type, and By End User |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on 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, 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 Inc., Vitrolife AB, IVFtech ApS, Kitazato Corporation, Rocket Medical Plc, and ZEISS Group.
The report provides deep insights into 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 forecasts from 2023-2030. 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.
