Learn about the global fertility services market through The Business Research Company, which provides information on fertility services market size, fertility services market drivers and restraints, fertility services market players, the COVID-19 impact on the fertility services market, and more.

The global fertility services market is expected to grow from $24,466.2 million in 2015 to $37,773.7 million in 2020 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the service providers 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 fertility services market is expected to grow at a CAGR of 15.7% from 2020 to reach $78,201.7 million in 2025. The global fertility services market is expected to reach $161,846.9 million in 2030, at a CAGR of 15.7%.

Rising infertility rate, technological developments regarding fertility treatment, growing adoption of IVF services to aid in pregnancy, increasing government funding supporting emergence of novel IVF solutions, rising number of same sex couples, increase in number of fertility clinics, rise in disposable income and late parenthood will drive growth of market during the forecast period.

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The fertility services market consists of sales and provision of fertility services and related products by entities (organizations, sole traders and partnerships) that provide infertility treatment services which are used to treat infertile patients. Fertility treatment is a medical procedure intended to increase the chances of conceiving a child. Only goods and services traded between entities or sold to end consumers are included.

Global Fertility Services Market Segments Include:

By Procedure – Assisted Reproductive Technology (ART), In-Vitro Fertilization (IVF), Artificial Insemination

By Service – Fresh Non-Donor, Frozen Non-Donor, Egg And Embryo Banking, Fresh Donor, Frozen Donor

By Application – Male, Female

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global fertility services market, accounting for 30.8% of the total in 2020

INVOcell technology is one of the latest developments in the fertility services market. INVOcell is a technology that allows the reduction of IVF costs for couples. In IVF the embryo would be grown in an incubator for few days before being implanted in the uterus. Whereas, in the INVOcell technique that was recently approved in the US and Canada, the sperm and egg are mixed in a lab and are placed in a tiny capsule that is inserted into the vagina for an incubation period of five days. After five days the capsule is removed, and the embryos are then implanted inside the uterus as usual. This method of fertility utilizes the biological environment in a women’s vagina to support embryo development, it offers a more natural, cost-effective alternative to regular IVF.

TBRC’s fertility services market report covers:

Major Market Players: Merck KGaA, Progyny Inc., Vitrolife, IVI-RMA, Monash IVF Group

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 (2016-21) and ten years forecast (2022-2026-2031)

The Fertility Services Global Market Report 2022: Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides fertility services market overviews, analyses and forecasts market size, share, fertility services market players, fertility services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s fertility services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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 Fertility Drugs Global Market Report 2021

Fertility Treatments Global Market Report 2022

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