Global Assisted Reproductive Technology Market Outlook, Opportunities And Strategies
Learn about the global assisted reproductive technology market through The Business Research Company, which provides information on assisted reproductive technology market size, assisted reproductive technology market drivers and restraints, assisted reproductive technology market players, the COVID-19 impact on the assisted reproductive technology market, and more.
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The global assisted reproductive technology market size is expected to grow from $26.28 billion in 2021 to $31.29 billion in 2022 at a compound annual growth rate (CAGR) of 19.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $62.05 billion in 2026 at a CAGR of 18.7%.
The rising number of infertility cases is expected to drive innovation in assisted reproductive technology manufacturing, thus driving the market during the forecast period.
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The assisted reproductive technology (ART) market consists of sales of assisted reproductive technology by entities (organizations, sole traders, and partnerships) that are used for the treatment of infertility in either eggs or embryos. Assisted reproductive technology is based on the surgically removing of eggs from women’s ovaries and then fusing it with men’s sperm in the laboratory to create embryos. These embryos are then inserted back into the women’s body. ART uses donor eggs, donor sperms, or previously stored frozen embryos.
Global Assisted Reproductive Technology Market Segments Include:
By Diagnosis: Ovulation Testing, Hysterosalpingography, Ovarian Reserve Testing, Genetic Testing
By Procedure Type: Fresh Non-Donor, Fresh Donor, Frozen Donor, Frozen Non-Donor, Embryo Or Egg
By End-User: Hospitals, Fertility Clinics, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the assisted reproductive technology market in 2021.
Technological advancements is a key trend gaining the popularity in the assisted reproductive technology market. Major companies operating in ART are focused on developing technological solutions to strengthen their position.
TBRC’s assisted reproductive technology market report covers:
Major Market Players: Cooper Surgical Inc., Ferring B.V., Hamilton Thorne Ltd, Merck KGaA, Genea Limited, California Cryobank, European Sperm Bank, OvaScience Inc., Bloom IVF Centre, Vitrolife, FUJIFILM Irvine Scientific Inc., Nidacon International AB, Monash IVF Group Ltd., Cook Medical, INVO Bioscience Inc., Thermo Fisher Scientific, Boston Science Corporation, Anecova, Carolinas Fertility Institute, Microm Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Assisted Reproductive Technology Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides assisted reproductive technology market overviews, analyses and forecasts market size, share, assisted reproductive technology market players, assisted reproductive technology market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s assisted reproductive technology market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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