Assisted Reproductive Technology Market Trends, Growth Drivers, Demand Forecast To 2032

The Assisted Reproductive Technology Global Market Report 2023 by The Business Research Company, provides assisted reproductive technology market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032. 

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According to The Business Research Company’s Assisted Reproductive Technology Global Market Report 2023, the global assisted reproductive technology market size grew from $31.4 billion in 2022 to $37.56 billion in 2023 at a compound annual growth rate (CAGR) of 19.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The assisted reproductive technology market size is expected to grow to $75.64 billion in 2027 at a CAGR of 19.1%.

The rising number of infertility cases is expected to foster the assisted reproductive technology market in the coming years. Infertility is defined as the failure to become pregnant after a year of frequent and unprotected intercourse. Infertility affects both men and women, and is typically diagnosed by the inability to conceive. Infertility is treated using assisted reproductive technology (ART). Fertility therapies that work with both a woman’s egg and a man’s sperm are included in this.

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The assisted reproductive technology market is segmented:

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

Technological advancements is a key trend gaining the popularity in the assisted reproductive technology market. Major companies operating in the assisted reproductive technology are focused on developing technological solutions to strengthen their position. For instance, in November 2020, NIPD Genetics, a Cyprus based biotechnology company launched Amfira PGT based on Target Capture Enrichment Technology. Amfira PGT is a preimplantation genetic test which can be employed during fertility treatment to improve the odds of becoming pregnant and giving birth to a healthy child. Amfira PGT can be used in In Vitro Fertilization (IVF) cycles to determine whether embryos are chromosomally normal (euploid) and have the best chance of culminating in a safe pregnancy and birth.

Top Major Players

Cooper Surgical Inc.,

Ferring B.V.,

Hamilton Thorne Ltd.,

Merck KGaA,

Genea Limited

The assisted reproductive technology market report table of contents includes:

1. Executive Summary
2. Assisted Reproductive Technology Market Characteristics
3. Assisted Reproductive Technology Market Trends And Strategies
4. Assisted Reproductive Technology Market – Macro Economic Scenario
5. Assisted Reproductive Technology Market Size And Growth
6. Assisted Reproductive Technology Market Segmentation
7. Assisted Reproductive Technology Market Regional And Country Analysis

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28. Key Mergers And Acquisitions In The Assisted Reproductive Technology Market
29. Assisted Reproductive Technology Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables:

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Assisted Reproductive Technology Market, Segmentation By Diagnosis, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Assisted Reproductive Technology Market, Segmentation By Procedure Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Assisted Reproductive Technology Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

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Table 46: Cooper Surgical Inc. Financial Performance

Table 47: Ferring B.V. Financial Performance

Table 48: Hamilton Thorne Ltd Financial Performance

Table 49: Merck KGaA Financial Performance

Table 50: Genea Limited Financial Performance

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