Infertility Treatment Market by Product, By Procedure Type, By End User and By Geography – Opportunities & Forecast, 2018-2025
Infertility Treatment Market by Product (Equipment, Media & Consumables and Accessories), By Procedure Type (Assisted Reproductive Technology, Fertility Surgery, Artificial Insemination and Other), By End User (Fertility Centers, Hospitals & Surgical Clinics and Others), and By Geography – Opportunities & Forecast, 2018-2025
The Global Infertility Treatment Market was valued at USD 13,874.0 million in 2017, and is projected to reach USD 28,059.4 million by the end of 2025, growing at a CAGR of 9.4% during 2018-2025.
Infertility Treatment Market Overview
The key factors bolstering the market growth are rising infertility rate across the globe due to sedentary lifestyles, increasing age at marriage, substance abuse, environmental factors and hormonal disorders are other causes associated with infertility. Also, increasing prevalence of obesity is driving demand for the infertility treatment as obesity has an adverse impact on fertility. In addition, increasing acceptance of ART and same-sex marriage are expected to support the growth of the market during the forecast period.
Source: GMI Research
Based on Product Type, Media & Consumables segment are anticipated to grow at fastest CAGR during 2018-2025
Media & Consumables segment is expected to grow at fastest CAGR during the forecast period due to the easy availability of different media and consumables and the increasing awareness of infertility treatment and diagnosis globally.
Based on Procedure type, Assisted Reproductive Technology segment accounts for largest market share of all procedures in 2017
Assisted Reproductive Technology segment held the maximum market share in 2017 and expected to dominate the market during the forecast period due to the advent of ART procedure and rising acceptance among patients.
Fertility Centers segments is growing rapidly due to growing number of fertility clinics at large scale and most of the infertility treatment performed in fertility centers will create growth opportunities in the infertility treatment market in upcoming years
Source: GMI Research
Regional – Segment Analysis
Based on geography, North America held the largest share in the market in 2017 due to factors such as rising prevalence of obesity, growth in awareness and growing number of fertility clinics. Europe has also registered a relatively low growth rate in global Infertility Treatment market compare to North America. Asia-Pacific is projected to grow at fastest CAGR during 2018-2025 due to presence of large patient pool with unmet medical needs rise in volume of ART procedure.
Top Market Players
Various notable players operating in the market include Hamilton Thorne Ltd., Cook Group, SOMATEX Medical Technologies, The Cooper Companies, Vitrolife, Merck & Co., Esco Micro Ltd., Esco Micro Ltd., Thermo Fischer Scientific, Genea Ltd. among others.
Segments covered in the Report:
The Global Infertility Treatment Market has been segmented based on product, procedure, end user, and key geographies. Based on the product, global Infertility Treatment market has been segmented into equipment, media & consumables and accessories. Based on Procedure Type, the market has been segmented into assisted reproductive technology, fertility surgery, artificial insemination and other. Based on end user, the market has been segmented into fertility centers, hospitals & surgical clinics and others
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