Assisted Reproductive Technology (ART) Market 2023-2027 |  Expected to grow by .23 billion from 2022 to 2027

Assisted Reproductive Technology (ART) Market 2023-2027 | Expected to grow by $8.23 billion from 2022 to 2027

NEW YORK, February 11, 2024 /PRNewswire/ — The Assisted Reproductive Technology (ART) Market. is expected to increase by 8.23 billion dollars from 2022 to 2027. In addition, the market momentum will progress to a CAGR of 5.79% during the forecast period, according to Technavio Research. The Assisted Reproductive Technology (ART) market is growing due to rising levels of infertility and obesity-related cases. This growth increases the demand for various procedures such as In Vitro Fertilization (IVF), Gamete Intrafallopian Transfer (GIFT), Intracytoplasmic Sperm Injection (ICSI), Artificial Insemination, Embryo Transfer, Preimplantation Genetic Testing (PGT), Intrauterine Insemination ( IUI), Cryopreservation. , Ovulation induction, Reproductive endocrinology, Ovarian stimulation and male infertility treatments. These advancements cater to the growing needs of individuals seeking fertility solutions, bolstering the growth trajectory of the Assisted Reproductive Technology (ART) Market. This report provides an up-to-date analysis of the current market scenario, latest trends and drivers, and the overall market environment. Read a free sample PDF report

Report coverage

The details

Page Number

159

Base year

2022

Historical period

2017 – 2021

Forecast period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 5.79%

Market growth 2023-2027

8.23 billion dollars

Market structure

Fragmented

Annual growth 2022-2023 (%)

4.37

Regional analysis

Europe, North America, Asia and Rest of World (ROW)

Making a contribution to the market

Europe at 32%

Main places

USA, UK, Germany, China and Japan

The market is segmented by application (fertility clinics, hospitals, and others), type (IVF and artificial insemination), and geography (Europe, North America, Asiaand Rest of the World (ROW)). Europe is estimated to contribute 32% to the growth of the global market during the forecast period. The increase is due to the growing elderly population facing infertility issues due to declining egg quality, affecting couples’ ability to conceive. The biggest contributors to the regional market are ItalUnited Kingdom, Germany, Franceand Spain.

Company Profile:

Cook Group Inc., CRITEX GmbH, Cryolab Ltd., Esco Micro Pte. Ltd., Ferring BV, FUJIFILM Holdings Corp., Hamilton Thorne Ltd., IMV Technologies, Instituto Bernabeu SL, INVO Bioscience Inc., KITAZATO Corp., Merck KGaA, Monash IVF Group Ltd., Pantec Engineering AG, Smiths Group Pl Cooper Companies Inc., Virtus Health, Vitrolife AB, XiltriX International and Genea Ltd.

Cook Group Inc. – The company offers MNC Benchtop incubator. To gain access to more company profiles available with Technavio, purchase the report!

Segmentation analysis

of fertility clinics segment is estimated to have significant growth during the forecast period. The significant increase in infertility clinic success rates worldwide is a major element that will affect the flow of patients seeking infertility treatment. Learn about each segment’s contribution summarized in concise infographics and comprehensive descriptions. View a free sample PDF report

  • The main trend – Increasing numbers of single-parent families, driving demand for services such as egg freezing, sperm freezing, donor eggs, donor sperm, oocyte retrieval, blastocyst transfer, reproductive surgery, embryo cryopreservation and fertility preservation.
  • Important challenges – The challenge of mitigating the side effects associated with infertility treatments such as surrogacy, The increase in the number of single-parent families is the main trend shaping growth. Identify key trends, drivers and challenges. Download a sample to gain access to this information.

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Fertility clinics offer a variety of assisted reproductive technologies (ART), including in vitro fertilization (IVF), gamete intrafallopian transfer (GIFT), intracytoplasmic sperm injection (ICSI), and donor insemination (DI). Surrogacy services provide an option for individuals who are unable to carry a pregnancy. Additional techniques such as assisted hatching, pre-implantation genetic testing (PGT) and cryopreservation increase success rates and allow genetic screening. Ovulation induction helps stimulate egg production, while embryo transfer facilitates implantation. Together, these methods offer hope and opportunity to individuals and couples facing fertility challenges.

TOC:

Executive Summary

The landscape

Dimensions

Historical dimensions

Five Forces Analysis

Segmentation by Application

Segmentation by type

Segmentation by Geography

The customer landscape

Geographical landscape

Drivers, Challenges and Trends

The landscape of the company

Company Analysis

ANNEX

About Technavio

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SOURCE Technavio

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