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Assisted Reproductive Technology (ART) Market Size to Expand Significantly by the End of 2030

Submitted by ashinde on Thu, 12/07/2023 - 00:55

The global Assisted Reproductive Technology (ART) market size is expected to reach USD 39.12 Billion in 2030 and register a revenue CAGR of 7.4% during the forecast period. Increase in same sex marriages and high incidence of infertility is driving market revenue growth.

ART refers to fertility treatments and procedures that can aid in the conception of children when couples are unable to produce through the normal biological process. ART approaches entail manipulating eggs, sperm, or embryos to improve the chances of a successful pregnancy. Obesity and adoption of bad dietary habits, such as drinking alcohol and smoking, are some of the reasons responsible for infertility. According to the American Pregnancy Association, infertility affects 30% of men and accounts for about one-fifth of all infertility cases. According to the Centers for Disease Control and Prevention (CDC), 12.1% of women between the ages of 15 and 44 are unable to conceive. As a result, an increase in prevalence of infertility around the world is a major driving force behind the use of assisted reproductive technologies.

An analysis of Assisted Reproductive Technology (ART)'s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Assisted Reproductive Technology (ART) market to give a clearer picture of its regional distribution and growth.

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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.

Key Players covered in this report are

Cosmos Biomedical Ltd., Microm UK Ltd., CooperSurgical Fertility Solutions, FUJIFILM Irvine Scientific, Cryolab Ltd., Parallabs Ltd., European Sperm Bank, Ovascience Inc., Bloom IVF, and Ferring Pharmaceuticals.

Segments Covered in the Report

By Type Technology Outlook
Artificial Insemination

Surrogacy

Ovulation Induction

Others

By Procedure Outlook
Fresh Donor

Fresh Non-Donor

Frozen Donor

Frozen Non-Donor

Embryo/Egg Banking

Others

By Procedure Technology Outlook
In-Vitro Fertilization

IVF with Intracytoplasmic Sperm Injection (ICSI)

IVF without ICSI

Artificial Insemination-Intrauterine Insemination

Frozen Embryo Replacement

Others

By End-use Outlook
Fertility Clinics

Hospitals

Clinical Research

Others

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Based on Region market is segmented into:

North America
Europe
Asia-Pacific
South America
Middle East & Africa
Major Points covered in this report are as below:

An analysis of Assisted Reproductive Technology (ART) industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
This report provides information on the market status of Assisted Reproductive Technology (ART) manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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