Market size – $ 25.95 billion in 2020, market growth – at a CAGR of 9.7%, market trends – technological advancements
VANCOUVER, BC, CANADA, October 24, 2021 /EINPresswire.com/ – The Global assisted reproduction technologies market The size is expected to reach $ 54.75 billion at a stable CAGR of 9.7% in 2028, according to the latest analysis from Emergen Research. The report clearly defines the market position of Assisted Reproductive Technologies on a global level. It analyzes the impact of the pandemic with respect to the economic landscape and government regulations in each region. The revenue growth of the Assisted Reproductive Technology (ART) market is driven by the increasing popularity of in vitro fertilization (IVF) (with or without intracytoplasmic sperm injection (ICSI)) and artificial insemination, among others technologies.
There is a higher prevalence of infertility among the male population across the world. Rising stress levels, shifting to sedentary lifestyle and increasing incidence of obesity are leading to fertility issues which is propelling the growth of Assisted Reproductive Technology market. Sexually transmitted diseases (STDs), primarily gonorrhea and chlamydia, are a major cause of infertility among the world’s population. These diseases can damage or scarring the fallopian tubes in women, as well as blocking and scarring reproductive structures (eg, ejaculatory ducts), resulting in infertility.
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Infertility is a multifaceted problem with social, cultural and economic implications, which can reach threatening proportions in countries reporting lower fertility rates. According to statistics released by the WHO, around 48 million couples and 186 million people are living with infertility worldwide. The increasing incidence of ovulation problems with irregular periods or without periods is a common cause of infertility in women. Increased awareness of various fertility treatments among younger generations and more women opting for such fertility treatments are driving the growth of the market.
The market intelligence report takes a closer look at the global market share, estimated growth rate, future market trends, barriers to entry, fundamental market drivers, restraints, challenges and opportunities. The report gathers reliable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimates over the forecast period.
The main key parameters are:
Origio, Cryolab Ltd., Bloom IVF Center, Ferring Pharmaceuticals, Cosmos Biomedical, Irvine Scientific, European Sperm Bank, Ovascience, Parallabs and Microm UK Ltd.
Some highlights of the report
The frozen income of the non-donor segment is expected to register a considerably rapid growth rate during the forecast period due to its established reliability and a higher success rate for pregnancy. The cost of the procedure is lower than cycles using fresh embryos and eggs. A frozen transfer is much easier for the reproductive endocrinologist and the patient. This procedure is also less stressful mentally and physically on a woman’s body.
The artificial insemination segment accounted for a significantly large share of revenue in 2020 because it does not require the removal of eggs from the body, and therefore the procedure is much less invasive for women who are planning to conceive. In this treatment, the semen is directly placed in the uterus or the cervix to achieve pregnancy. Also, the process is more cost effective than IVF, as it does not require egg extraction / laboratory monitoring.
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The report additionally presents a comprehensive analysis of key elements of the Assisted Reproductive Technologies market that are influencing its growth during the anticipated period. These vital elements include the main drivers, constraints, opportunities, limitations, threats and micro and macroeconomic factors. The authors of the report put together a set of analytical tools, such as SWOT analysis, Porter’s five forces analysis, feasibility analysis, and ROI analysis, to offer insights strategic recommendations to new entrants on how to overcome entry barriers.
Emergen Research has segmented the global AHR technologies market on the basis of procedure, technology, end use, and region:
Prospects for the proceedings (revenue, billion USD; 2018-2028)
Egg / embryo bank
Technology Outlook (Revenue, USD Billion; 2018-2028)
In vitro fertilization (IVF)
In vitro fertilization (IVF) with intracytoplasmic sperm injection (ICSI)
In vitro fertilization (IVF) without intracytoplasmic sperm injection (ICSI)
Frozen embryo transfer (FET)
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Main geographic areas covered by the report:
North America (United States, Canada)
Europe (UK, Italy, Germany, France, rest of the EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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Highlights of the report:
Besides offering a vivid description of the global Assisted Reproductive Technology business sphere and its fundamental operations, the latest report provides industry chain analysis and lists current and future market trends and growth opportunities. .
The report includes information on current and historical market scenarios, which can predict market conditions over the next eight years (2020-2027).
Strategic marketing recommendations, crucial information relating to new market entrants, and expansion plans of various companies are poised to provide the reader with a competitive edge in the market.
Chapter 1. Methodology and sources
1.1. Definition of the assisted reproduction technology market
1.2. Scope of research
1.4. Research sources
1.5. Assisted reproductive technology market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2021-2028
Chapter 3. Main information
Chapter 4. Assisted Reproductive Technology Market Segmentation and Impact Analysis
4.1. Materials Segmentation Analysis of Assisted Reproductive Technologies Market
4.2. Industrial outlook
4.2.1. Analysis of assisted reproductive technologies market indicators
4.2.2. Analysis of Assisted Reproductive Technologies Market Drivers
184.108.40.206. Rapid urbanization and industrialization
220.127.116.11. Strict government regulations on carbon emissions
18.104.22.168. Increased prevalence of respiratory diseases
22.214.171.124. Growing need to improve indoor air quality
4.2.3. Analysis of the constraints of the assisted reproduction technologies market
126.96.36.199. High cost associated with the maintenance of assisted reproduction technology products
188.8.131.52. Availability of renewable energy sources
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Key questions addressed in the report:
What is the growth rate of the assisted reproduction technologies market? What is the forecasted market value of Assisted Reproductive Technology industry by 2027?
What are the major growth and restraining factors of the Assisted Reproductive Technology Market?
Who are the main players operating in the market? What are the key strategies adopted by these companies?
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