Infertility Treatment Market Trends, Outlook, Size and Forecast 2022-2028


Posted March 29, 2022 by swatitiwari_11

Fertility rates have seen a considerable decline worldwide.

 
Fertility rates have seen a considerable decline worldwide. The causes for increasing infertility can range from the highest reported average age of first-time moms to a leading number of hormonal disorders caused by unhealthy lifestyles. May also include improper fetal care, excessive consumption of alcohol, stress, and smoking, among others. Treatment options for infertility include assisting successful development of egg of during ovulation through medications, insemination, in vitro fertilization (IVF), and third party reproduction surgery. Due to this, medical scientists are constantly developing new fertility procedures. The success of these is leading to the establishment of fertility clinics across the world. Multiple establishments of the private sector have increased investments in research and development activities in the field of infertility treatment. Government organizations are also showing keen interest in the development of these procedures. Moreover advanced infertility treatment products are constantly being developed, tested and launched. These factors are expected to augment market growth for infertility treatment.

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Technological Advancements Expected to Drive Growth of Infertility Treatment Market
The global infertility treatment market has multiple segments. These are classified on the basis of patient type, region, procedure, end-user, and product. Product-wise, infertility treatment market can be divided into accessories, media and consumables, and equipment. The equipment segment can be further classified into perm analyser systems, micromanipulators systems, ovum aspiration pumps, cryosystems, incubators, gas analysers, laser systems, microscopes, and imaging systems. The segment is estimated to observe the highest growth rate during the forecast period. This can be credited to well-established market players, robust product ranges, and evolution in technology.

North America Accounts for Major Share of Global Infertility Treatment Market
North America has been dominating the global infertility treatment market for a major part of the past decade. This regional market is expected to maintain its growth throughout the forecast period and undergo a robust expansion. This owed to advantageous reimbursement policies along with encouraging rules and regulations by government organization. Furthermore, increase in healthcare budgets, high awareness rate among citizens, and growing investments in research and development are also responsible for market growth in the region.

Even though Europe is reported to hold a considerable share in the global infertility treatment market, the Asia-Pacific region is projected to undergo a higher growth rate during the forecast period. This owes to rising investments from the private and public sectors. Similarly, the Middle Eastern, African, and Latin American markets are estimated to undergo a reasonable growth in the coming years.

Companies operating in the global infertility treatment market are increasingly focusing on expanding their bases through various strategies. New product launches and collaborations for R&D are attracting the interest of these businesses.

Major Players include Thermo Fisher Scientific, The Cooper Companies Inc., Cook Group, Vitrolife, Ivftech Aps, Zeiss Group, The Baker Company, Inc., Genea Limited, Ihmedical A/S, Esco Micro Pte. Ltd., Hamilton Thorne Ltd., Medgyn Products, Inc., Kitazato Corporation, Fujifilm Irvine Scientific, and Rocket Medical plc. Other honourable mentions are Invitrocare Inc., Dxnow, Inc., Gynotec B.V., Sar Healthline Pvt. Ltd., and Nidacon International Ab.

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Last Updated March 29, 2022