Assisted Reproductive Technologies Market is Expected to Grow at a CAGR of Approximately 6.3% by 2025

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In vitro fertilization (IVF) technology is said to represent an unparalleled patient base, compared to surrogacy and artificial insemination, due to the high success rate of the procedure. The introduction of preimplantation genetic diagnosis (PGD) technology helps medical professionals screen embryos for hereditary diseases, which further improves the prospects of conceiving a healthy child.

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Conditions like PCOD/PCOS worsen the reproductive performance of women leading to low chances of conceivability, thus encouraging women to undergo infertility treatment using assisted reproductive technology. Based on this insightful information, authors of an exclusive Fact.MR study estimate a CAGR of around 6.3% for the expansion of the assisted reproductive technologies market during the forecast period (2020-2025 ).

Key Highlights of Assisted Reproductive Technology Market Research

  • The high costs associated with quality IVF and IUI procedures are steadily pushing assisted reproductive technology patients towards naturopathic solutions and alternative therapies to treat infertility, posing a threat to stakeholder development efforts of the market.
  • The increasing number of dual-employment households with a career-intensive approach in turn continues to increase reproductive complexity, which is taken into account by large companies. Efforts have been made by major companies, such as Google LLC, to create an enabling environment for female employees by providing facilities to store their eggs, thereby driving the growth of the assisted reproductive technology market.

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  • Initiatives by many public and private institutions such as ASPIRE are expected to raise awareness and increase adoption of assisted reproductive technologies in Asia-Pacific. Public awareness campaigns are also seen in the United States by central authorities such as the Society for Assisted Reproductive Technology and the National Infertility Association, which reflect on the growing patient base for infertility treatment.
  • The cost-benefits of artificial reproductive technologies in developing Asia-Pacific countries attract reproductive care seekers from around the world. The study finds that a full surrogacy package costs just a third of what it costs in the UK, bolstering Asia-Pacific’s position as a key motherhood destination. substitution.

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The cost-effectiveness of alternative medicine remains a relevant threat to gamers

Numerous threats and challenges of varying influence are faced by players in the assisted reproductive technologies market, including threats of cost-effective alternative therapies and choice of child adoption. Although the barriers to entry into assisted reproductive technology are high, due to huge CAPEX and OPEX requirements, the intense development activities undertaken by existing players are influential enough to fragment the landscape.

For example, a key player, Nidacon International AB, is focusing on product innovation in the semen diagnostics segment and, in turn, is extending its efforts to upgrading its existing product lines. Collaborations and alliances between key players are also expected to drive improved fertility techniques, leading to advances in assisted reproductive technologies.

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