Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Will The Assisted Reproductive Technology Market Size and Growth Progress Until 2025?
The assisted reproductive technology market size is witnessing strong growth, estimated to rise from $34.35 billion in 2024 to $37.21 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The significant growth can be attributed to factors like increasing infertility rates, changing societal norms and aging population. Furthermore, the market is anticipated to grow robustly to $52.84 billion in 2029 at a CAGR of 9.2%, driven by trends such as increasing maternal age, rising demand for same-sex parenting, research and development, and advancing healthcare infrastructure.
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What Are the Key Factors Driving the Assisted Reproductive Technology Market Growth?
One of the key drivers is the rise in infertility cases. Infertility is the inability to conceive after a year of frequent and unprotected intercourse, and it affects both men and women. As the number of infertility cases globally increases, so too does the demand for assisted reproductive technology (ART), a fertility treatment involving handling both the woman’s egg and the man’s sperm. According to the World Health Organization (WHO), millions of people in the world of reproductive age will deal with infertility, influencing their families and communities. Globally, around 17.5% of the adult population struggles with infertility, which bodes well for the growth of assisted reproductive technology market.
Which Are the Major Segments in Assisted Reproductive Technology Market?
1) By Diagnosis: Ovulation Testing, Hysterosalpingography, Ovarian Reserve Testing, Genetic Testing
2) By Procedure Type: Fresh Non-Donor, Fresh Donor, Frozen Donor, Frozen Non-Donor, Embryo Or Egg Banking
3) By End-User: Hospitals, Fertility Clinics, Other End-Users
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Who Are the Major Players in Assisted Reproductive Technology Market?
The assisted reproductive technology market boasts of several big players including Cooper Surgical Inc., Ferring Pharmaceuticals Ltd., Hamilton Thorne Ltd., Merck KGaA, and Genea Limited among others. Other significant companies contributing to the market growth include California Cryobank, European Sperm Bank, OvaScience Inc., and Bloom IVF Centre, to name a few.
What Are the Emerging Trends in the Assisted Reproductive Technology Market?
The use of modern technology, specifically artificial intelligence (AI), is one of the key trends shaping the assisted reproductive technology market. Major companies in the industry, such as Alife Health, are focusing on developing products that use data-driven insights and AI to enhance the process of In-vitro fertilization (IVF), such as Alife Assist platform, aimed to improve medication dosing, embryo grading, and real-time performance monitoring.
Which Region Dominates the Assisted Reproductive Technology Market?
Europe held the largest market share in the assisted reproductive technology sector in 2024, followed by North America. The market report includes data from regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Assisted Reproductive Technology Market Report 2025 Offer?
Assisted reproductive technology involves the surgical removal of eggs from women’s ovaries and the fusion of the eggs with men’s sperm in the laboratory to create embryos, which are then implanted back into the woman’s body. The Assisted Reproductive Technology Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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