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Assisted reproductive technology market to get significant proceeds by 2026

Author : Ronak Bora | Published Date : 2020-09-03 

Assisted Reproductive Technology Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Rising infertility in men and women due to lifestyle choices, ageing, unhealth eating habits, smoking, and other factors has shifted focus towards the adoption of assisted reproductive technologies. Ovulation induction, in-vitro fertilization, gamete intrafallopian transfer and artificial insemination are some of the technologies that come under assisted reproduction.

According to Centers for Disease Control and Prevention, around 306,174 assisted reproductive technology cycles were performed within fertility clinics across the U.S. in 2018. On the overall level around 1.9% infants were born using ART in 2018 in the U.S. Growing awareness pertaining these treatment and therapies for infertility will encourage more people to opt for it.

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Moreover, increasing acceptance of novel reproduction methods in developing countries will positively impact industry growth in the coming years. In 2019, assisted reproductive technology market size recorded at USD 26 billion globally in terms of revenue and is estimated to exhibit a CAGR of 4.4%% through 2026. Increasing prevalence of infertility among working women will majorly encourage adoption of these technologies.

The frozen nondonor procedure segment held a considerable market stake of the overall ART industry share in 2019 and is further likely to grow at a prodigious pace in the upcoming years. This can be proposed to be true across the United States, as estimates by the Centers for Disease Control and Prevention reported that the country observed a massive number of frozen nondonor embryo implantations in 2015 within young age women.

Besides, the elevating number of frozen nondonor egg implantations is also driving the overall segment growth over the years.

Surging recommendation of artificial insemination-intrauterine insemination technology during the start of infertility treatment due to its affordable and less invasive properties has enabled AI-IUI segment to garner substantial gains over the foreseeable time span. For the records, AI-IUI market acquired an overall business share of 20 per cent in 2019.

What more has been driving this segment is its growing preferences amongst couples with male issues and unexplained fertility issues.

Assisted reproductive technology market has been receiving significant gains from the hospitals given the availability of latest equipment and presence of highly experienced gynecologists in the given infrastructure. In this regard, ART market across the hospital segment is projected to depict a CAGR of 4.7 per cent through 2026.

Sedentary lifestyle led by people across the United States has been immensely contributing towards the growth of assisted reproductive technology market over the past few years. The region accounted for over more than USD 7.5 billion in 2019, in terms of revenue share. Moreover, increasing ART procedures in the country due to aging would further drive the market share.

Some of the prominent players partaking in the global assisted reproductive technology market include Cool Medical, Cooper Surgical, Laboratoire CCD, Merck, and several others. These players have been engaging themselves in mergers, acquisition, collaborations, new product launches and several other initiatives to gain a competitive edge in the global market. For instance, Thermo Fisher, in June 2019, announced establishing a global research collaboration with Predictive Laboratories with an aim of understanding the genetic factors underlying infertility in women worldwide. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/assisted-reproductive-technology-market

Partial Chapter of the Table of Content 

Chapter 4. Assisted Reproductive Technology Market, By Procedure

4.1. Key segment trends

4.2. Fresh donor

4.2.1.  Market size, by region, 2015 - 2026 (USD Million)

4.3. Fresh nondonor

4.3.1.  Market size, by region, 2015 - 2026 (USD Million)

4.4. Frozen donor

4.4.1.  Market size, by region, 2015 - 2026 (USD Million)

4.5. Frozen nondonor

4.5.1.  Market size, by region, 2015 - 2026 (USD Million)

4.6. Embryo/Egg Banking

4.6.1.  Market size, by region, 2015 - 2026 (USD Million)

Chapter 5. Assisted Reproductive Technology Market, By Technology

5.1. Key segment trends

5.2. In-vitro fertilization (IVF)

5.2.1.  Market size, by region, 2015 - 2026 (USD Million)

5.2.2.  IVF with Intracytoplasmic Sperm Injection (ICSI)

5.2.2.1.    Market size, by region, 2015 – 2026 (USD Million)

5.2.3.  IVF without ICSI

5.2.3.1.    Market size, by region, 2015 – 2026 (USD Million)

5.3. Artificial Insemination – Intrauterine insemination (AI-IUI)

5.3.1.  Market size, by region, 2015 - 2026 (USD Million)

5.4. Frozen Embryo Replacement (FER)

5.4.1.  Market size, by region, 2015 - 2026 (USD Million)

5.5. Others

5.5.1.  Market size, by region, 2015 - 2026 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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