Infertility Treatment Market Is Booming Worldwide 2021-2031 | IVFtech ApS, Rocket Medical plc., Zeiss Microscopy


Posted August 8, 2022 by Drachana

Infertility is affecting millions of people of reproductive age worldwide – and has an impact on their families and communities.

 
It affects approximately 8%–10% of couples worldwide. Of 60–80 million couples suffering from infertility every year across the globe, between 15 and 20 million (25%) are in India alone. The global fertility rate fell from 3.2 to 2.5 live births per woman. Today, close to half of the world’s population lives in countries where lifetime fertility is below 2.1 live births per woman. In 2019, 49% of all women in the reproductive age range (15-49 years) globally were using some form of contraception, compared to 42% in 1990. Contraceptive use and fertility are inversely correlated. These factors are likely to increase demand for infertility treatment, thereby diving the growth of the market.

The global infertility treatment market was pegged at ~US$ 1.74 billion in 2020. The market is expected to witness a CAGR of ~7.8% from 2021 to 2031.

However, the high cost of the treatment is expected to restrain the growth of the market to a certain extent. Infertility treatment such as ART is still beyond the reach of numerous infertile couples owing to its high cost. Patients in low and middle-income countries have to pay out of pocket for the treatment due to lack of coverage. In an effort to grow organically and maintain their position in market, the prominent players are focusing on launching technologically advanced products.

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Key players:

Esco Micro Pte Ltd., IVFtech ApS, Fujifilm Irvine Scientific, Rocket Medical plc., Zeiss Microscopy, Somatex Medical Technologies GmbH, Cooper Surgical Fertility & Genomic Solutions, Cook, Vitrolife, and Genea Limited, among others.

Segmentation By Type:

• Equipment
• Media & Consumables
• Accessories

By Procedure Type

• Assisted Reproductive Technology
• Artificial Insemination
• Fertility Surgery

Regional Analysis-

• The Asia-Pacific market is anticipated to grow at a higher CAGR during the forecast period.
• Major factors contributing to the growth of Infertility Treatment market in this region include the rising incidence of chronic infectious diseases, rising awareness regarding growing applications of Infertility Treatment, and increasing research activities in the field of Infertility Treatment.
• The emergence of local players and new product launches has also played a critical role in boosting the Infertility Treatment market in this region.

Browse the full report now: https://growthplusreports.com/report/infertility-treatment-market/7652

Key Questions Answered in the Report Include:

(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.
(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?
(3) What are the major global Infertility Treatment Market trends influencing the development of the market?
(4) What are the vital results of SWOT analysis of the major players operating in the Infertility Treatment Market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the market?

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Growth+Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association). Growth+ portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis, and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success. We were awarded by the prestigious CEO Magazine as "Most Innovative Healthcare Market Research Company in 2020.
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Issued By growthplusreports
Country India
Categories Biotech , Health , Science
Tags infertility , market , treatment
Last Updated August 8, 2022