Assisted Reproductive Technology Market Growth 2023 Global Industry Analysis by Trends, Demand, Technology Progress, Company Overview Forecast to 2029


Posted February 15, 2024 by Shitalmax

With a market value of US$ 39.11 billion in 2022, the Assisted Reproductive Technology market is projected to expand at a compound annual growth rate (CAGR) of 10.8% between 2023 and 2029.

 
Assisted Reproductive Technology Market Overview:

This study aims to give a comprehensive analysis of the Assisted Reproductive Technology market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Assisted Reproductive Technology sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Assisted Reproductive Technology market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Assisted Reproductive Technology market using the bottom-up methodology.

Dynamics:

The Centers for Disease Control and Prevention (CDC) report that 6.7% of women in the United States between the ages of 15 and 44 are infertile, while 12.1% of women in the same age group have impaired fecundity. The demand for ART technology is therefore anticipated to increase. As a result, market growth is anticipated in the forecast years due to the rise in infertility cases worldwide. Other factors that are expected to drive market expansion over the projected period include an increase in same-sex couples and single women, as well as rising awareness of IVF and surrogacy. Technological developments are a key factor in market expansion.

Segmentation:

In 2022, the In-Vitro Fertilization (IVF) segment held a dominant position in the global market based on technology. Over the course of the projection period, the IVF market is expected to grow due to its high procedure success rate and continuous advancement. More insurance companies are starting to pay for IVF operations as the frequency of these treatments rises. As a result, treatment costs have decreased and pricing has become more competitive. A few of the key elements of the IVF market are government funding for egg/sperm storage, automation of operations to standardize them, and regulatory reforms. Experiments with reduced costs and higher success rates that could benefit patients are funded by the government. Two of the available technologies are IVF with Intracytoplasmic Sperm Injection (ICSI) and IVF without Intracytoplasmic Sperm Injection (ICSI) (ICSI).


by Technology

In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others

by End User

Hospitals
Fertility Clinics
Others

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Key Players: the key players are:

1. California Cryobank
2. Bloom IVF Centre
3. Parallabs
4. OvaScience
5. Anecova
6. Origio
7. Microm Ltd.
8. Merck KGaA
9. Cooper Surgical, Inc
10. Ferring Pharmaceuticals
11. Cosmos Biomedical Limited
12. Cryolab Ltd.
13. European Sperm Bank
14. Irvine Scientific

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research

Key Questions Answered in the Assisted Reproductive Technology Market Report are:

Which market segment held the biggest share in Assisted Reproductive Technology?
How is the Assisted Reproductive Technology market's competitive environment?
Which are the main elements influencing the growth of the Assisted Reproductive Technology market?
Which area of the Assisted Reproductive Technology market has the most share?
What will the Assisted Reproductive Technology market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Health
Tags assisted reproductive technology market industry assisted reproductive technology market size assisted reproductive technology market share assisted r
Last Updated February 15, 2024