What are the latest figures on the fertility treatments market’s size and projected CAGR?
The fertility treatments market size has grown strongly in recent years. It will grow from $18.09 billion in 2024 to $19.58 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increasing infertility rates, advancements in reproductive medicine, healthcare coverage, awareness and stigma reduction.
The fertility treatments market size is expected to see strong growth in the next few years. It will grow to $27.65 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to delayed childbearing, expanding reproductive services, technological advancements, access to fertility services. Major trends in the forecast period include in vitro fertilization (ivf) advancements, single embryo transfer (set), telehealth and virtual consultations, fertility preservation for cancer patients.
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Which Market drivers have played a significant role in driving the fertility treatments market?
The rise in in vitro fertilization (IVF) assisted pregnancies is expected to propel the growth of the fertility treatments market going forward. IVF-assisted pregnancies refer to pregnancies that result from in vitro fertilization (IVF), a medical procedure where an egg is fertilized by sperm outside the body, typically in a laboratory. IVF-assisted pregnancies are on the rise due to increasing infertility rates, advancements in reproductive technologies, and shifting societal trends such as delayed parenthood and changing family structures. Fertility treatments, such as hormonal therapies and egg retrieval procedures, help IVF-assisted pregnancies by enhancing egg production, improving embryo quality, and increasing the chances of successful fertilization and implantation in the uterus. For instance, in April 2024, according to the American Society for Reproductive Medicine, a US-based nonprofit organization, in the United States, about 91,771 babies were born through IVF in 2022, which constituted 2.5% of all births that year. The number of IVF cycles performed increased to 389,993, marking a 6% increase from the previous year. Therefore, rise in IVF-assisted pregnancies is driving the growth of the fertility treatments market.
What are the key segments within the fertility treatments market?
The fertility treatments market covered in this report is segmented –
1) By Product: Reagents, Equipment
2) By Patient Type: Female, Male
3) By End-User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
Subsegments:
1) By Reagents: Ovulation Stimulation Reagents, Hormonal Reagents, Sperm Separation Reagents, Cryopreservation Reagents, Insemination Reagents
2) By Equipment: In Vitro Fertilization (IVF) Equipment, Fertility Monitors, Sperm Analysis Equipment, Embryo Culture Media Equipment, Cryopreservation Equipment, Ultrasound Equipment For Fertility, Artificial Insemination (AI) Equipment
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Which key players are shaping the fertility treatments market?
Major companies operating in the fertility treatments market include Apollo Hospitals Enterprise Ltd., Care Fertility Group Limited, Genea Limited, Johns Hopkins Health System Corp., Medicover AB, Monash IVF Group, Progyny Inc., Vitrolife AB, Carolinas Fertility Institute PLLC, OvaScience Inc., Xytex Cryo International Ltd., Merck Group, Cook Group Incorporated, CooperSurgical Inc., Instituto Bernabeu, INVO Bioscience Inc., Cooper Companies Inc., Virtus Health Ltd., CryoChoice LLC, Millendo Therapeutics Inc., FUJIFILM Irvine Scientific Inc., LABOTECT GMBH, Fertility Focus Limited, Olympus Corporation, Irvine Scientific sales Company Inc., Ferring Pharmaceuticals Inc., Prelude Fertility Inc., Boston IVF, RMA Fertility Clinics, Shady Grove Fertility, CCRM Management Company LLC, IVIRMA Global, CARE Fertility
Which transformative trends will shape the fertility treatments market landscape?
Development of new techniques to treat infertility using a human’s body is a key trend in the fertility treatments market. INVOcell is an IVF alternative that uses the woman’s body to support fertilization, thus eliminating the cost of a laboratory incubator. The INVOcell device is placed with the eggs and sperm in the vaginal cavity, allowing for the stability of the natural environment, pH, and gas to help in fertilization. INVOcell, which is made in Medford, Massachusetts by INVO Bioscience, costs around $6,800 including medication. Although IVF generated more quality embryos, the birth rates between IVF and INVOcell are similar. According to the journal of assisted reproduction and genetics, 12 out of 20 women gave birth to 15 babies in IVF including three sets of twins and 11 out of 20 women gave birth to 16 babies in INVOcell group including five sets of twins.
How do regional factors impact the fertility treatments market, and which region is the largest contributor?
North America was the largest region in the fertility treatment market in 2023. Western Europe was the second largest region in the fertility treatment market. The regions covered in the fertility treatments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Fertility Treatments Market Report 2025 Offer?
The fertility treatments market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Fertility treatment is a medical treatment provided to a man or a woman to increase their chances of bearing an offspring. It is used to treat infertile patients. Hormone and ovulation-supporting medicines are frequently used in fertility treatments, sometimes in conjunction with minor surgical procedures.
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