Overview and Scope
Infertility treatment is a process to treat infertility in males and females. Infertility is a disease of the male or female reproductive system defined by the failure to achieve a pregnancy after 12 months or more of regular, unprotected sexual intercourse. Infertility is a condition where the female is unable to conceive after a year of trying. Endometriosis, uterine fibroids, and thyroid problems are just a few examples of female infertility causes. Low testosterone or low sperm counts may be seen in men who are having fertility issues.
Sizing and Forecast
The infertility treatment market size has grown strongly in recent years. It will grow from $1.66 billion in 2023 to $1.81 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growing awareness and education, changing lifestyles and environmental factors, rising incidence of male infertility, government initiatives and support, shift in social perceptions..
The infertility treatment market size is expected to see strong growth in the next few years. It will grow to $2.53 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to expanding access to fertility clinics, advances in reproductive medicine, innovations in gamete and embryo culture, advancements in male contraception, focus on oocyte quality improvement.. Major trends in the forecast period include technological advancements in assisted reproductive technologies (art), increasing prevalence of infertility, expanding age of parenthood, fertility preservation services, nutritional and lifestyle interventions..
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Segmentation & Regional Insights
The infertility treatment market covered in this report is segmented –
1) By Product: Equipment, Media and Consumables, Accessories
2) By Procedure: Assisted Reproductive Technology, Artificial Insemination, Fertility Surgeries, Other Infertility Treatment Procedures
3) By Drugs: Clomiphene Citrate, Letrozole, Serophene, Hormone Treatment, Other Drugs
4) By Patient Type: Female Infertility Treatment, Male Infertility Treatment
5) By End User: Hospitals and Surgical Clinics, Cryobanks, Research Institutes
Top Major Players
The Cooper Companies Inc.
Cook Group Incorporated
Vitrolife AB
Thermo Fisher Scientific Inc.
Esco Micro Pte. Ltd.
Genea Limited
North America was the largest region in the infertility treatment market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the infertility treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The decline in the global fertility rate is a major driver propelling the growth of the infertility treatment market. The fertility rate at a given age is defined as the number of children born alive to women of that age during the year expressed as a percentage of the average annual population of women of that age. The fertility rate worldwide is declining steadily owing to various factors, such as the growing trend of late marriages and increasing age-related infertility. This declining fertility rate has led to a significant increase in the demand for infertility treatment products that determine the fertility window in males and females. For instance, in June 2022, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, for the last 70 years, fertility rates have decreased worldwide, with a total 50% decline in 2022. Therefore, the decline in the global fertility rate is driving the demand for the infertility treatment market.
Key Industry Players
Major companies operating in the infertility treatment market report are The Cooper Companies Inc., Cook Group Incorporated, Vitrolife AB, Thermo Fisher Scientific Inc., Esco Micro Pte. Ltd., Genea Limited, IVFtech ApS, FUJIFILM Irvine Scientific Inc., The Baker Company Inc., Kitazato Corporation, Rocket Medical plc, IHMedical A/S, Hamilton Thorne Ltd., Carl Zeiss AG, MedGyn Products Inc., DxNow Inc., Nidacon International AB, Gynotec B.V., SAR Healthline Pvt. Ltd., InVitroCare Inc., Boston IVF, Shady Grove Fertility LLC, CCRM Fertility Co. LLC, IVI-RMA Global, Fertility Centers of Illinois, New Hope Fertility Center, Pacific Fertility Center, Houston Fertility Institute, Sher Fertility Institute, Columbia Asia Fertility Centre, Bourn Hall Fertility Clinic, Manipal Fertility, Morpheus IVF, Nova IVF Fertility, Indira IVF, Bloom Fertility Centre, Cloudnine Fertility, Oasis Fertility, Apollo Fertility, Milann Fertility Center, Fakih IVF, Procrea Fertility, The Montreal Fertility Center, The Center for Reproductive Medicine, The Reproductive Medicine Group, The Fertility Institute
The infertility treatment market report table of contents includes:
1. Executive Summary
2. Infertility Treatment Market Characteristics
3. Infertility Treatment Market Trends And Strategies
4. Infertility Treatment Market – Macro Economic Scenario
5. Global Infertility Treatment Market Size and Growth
…..
32. Global Infertility Treatment Market Competitive Benchmarking
33. Global Infertility Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Infertility Treatment Market
35. Infertility Treatment Market Future Outlook and Potential Analysis
36. Appendix
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