Assisted Reproductive Technology Market Trends, Research Report, Business Strategies, Revenue and Growth Rate Upto 2029
Assisted Reproductive Technology Market size is expected to reach US$ 59.64 Bn. by year 2029 at a CAGR of 9.8% during the forecast period.
Assisted Reproductive Technology Market Overview:
The goal of this research is to provide an overview of the Assisted Reproductive Technology market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Assisted Reproductive Technology players, as well as noteworthy industry trends and opportunities.
The analysis also focuses on the Global Assisted Reproductive Technology market's key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Assisted Reproductive Technology Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Assisted Reproductive Technology Market Size from a global perspective by analyzing historical data and prospects.
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Market Scope:
The report also focuses on the leading industry players in the Global Assisted Reproductive Technology market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Dynamics:
12.1% of American women between the ages of 15 and 44 have limited fecundity, whereas 6.7% of women in the same age group are infertile, according to the Centres for Disease Control and Prevention (CDC). The demand for ART technology is anticipated to grow as a result. Infertility cases are increasing globally, thus market expansion in the upcoming years is probably due to this. Other factors include a rise in the number of same-sex couples and single women, as well as improved awareness of IVF and surrogacy, are projected to spur market expansion over the projection period.
Drivers:
The Assisted Reproductive Technology (ART) market has been growing steadily over the years due to various drivers that contribute to its expansion and development. These drivers are influenced by societal, technological, and medical factors. Here are some key drivers of the ART market:
Increasing Infertility Rates: The rising prevalence of infertility among couples, attributed to factors such as lifestyle changes, stress, delayed parenthood, and medical conditions, has led to a growing demand for ART services.
Advancements in Medical Technology: Technological innovations in ART procedures, including in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), and preimplantation genetic testing (PGT), have improved success rates, making these treatments more effective and accessible.
Segmentation:
In-Vitro Fertilisation (IVF) will rule the global market in 2022, according to technology. The IVF market is anticipated to grow throughout the projected period as a result of the high procedure success rate and ongoing advancement. More insurance providers are starting to cover IVF treatments as their number increases. As a result, prices are now more competitive, and treatment costs have gone down. A few of the key elements of the IVF market are government funding for egg/sperm storage, regulatory reforms, and automation of operations to standardise processes. Experiments that could benefit patients and have higher success rates and cheaper costs are funded by the government. Two of the existing ICSI technologies are IVF with intracytoplasmic sperm injection (ICSI) and IVF without intracytoplasmic sperm injection (ICSI).
by Technology
In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others
by End User
Hospitals
Fertility Clinics
Others
Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Assisted Reproductive Technology market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Assisted Reproductive Technology industry.
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
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Regional Analysis:
After analysing the political, economic, social, and technological factors affecting the market for aircraft lighting systems in each of the five regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South America—the research also includes an extensive PESTLE analysis for each of the five regions.
COVID-19 Impact Analysis on Assisted Reproductive Technology Market:
The COVID-19 pandemic has had a profound impact on consumer behaviour across all spheres of society. On the other hand, industries will need to modify their plans to take account of changing market supplies. This study will assist you in developing your company in accordance with the new industry standards by providing an overview of the COVID-19's effects on the market for aircraft lighting systems.
Key Questions Answered in the Assisted Reproductive Technology Market Report are:
What will be the CAGR of the Data ompression Software market during the forecast period?
Which segment emerged as the leading segment in the Assisted Reproductive Technology market?
Which are the prominent players in the Assisted Reproductive Technology market?
What will be the Assisted Reproductive Technology market size by 2027?
Which company held the largest share in the Assisted Reproductive Technology market?
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