The assisted reproductive technologies (ART) market size is projected to reach USD 45.06 billion by 2026, exhibiting a CAGR of 9.8% during the forecast period. The market was valued at USD 21.32 billion in 2018. This information is published in a recent report by Fortune Business Insights, titled, “Assisted Reproductive Technologies (ART) Market Size, Share & Industry Analysis, By Technique (In-Vitro Fertilization (IVF), Artificial Insemination (AI-IUI), Frozen Embryo Transfer (FET), and Others), By Procedure (Fresh Donor, Fresh Non-donor, Frozen Donor, and Frozen Non-donor), By End User (Fertility Clinics, and Hospitals) and Regional Forecast, 2019-2026.” As per the report, increasing stress levels amongst the population is likely to result in the rising prevalence of infertility. It will aid in the fertility services market growth during the forecast period.
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The report covers:
- Global Assisted Reproductive Technology (ART) Market trends, with detailed analysis on consumer trends & manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
Leading Players operating in the Assisted Reproductive Technology (ART) Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- CARE Fertility
- Monash IVF Group
- Bloom IVF Centre
- Carolinas Fertility Institute
- California Cryobank
- European Sperm Bank
- INVO Bioscience
- Apollo Hospitals Enterprise Ltd.
- Other key market players
Rising Awareness Campaigns Regarding Cost-effective Procedures Will Boost Growth
In countries, such as India, the U.K, U.S., and China, there is a high prevalence of infertility. It will increase the demand for advanced ART technologies and procedures. The National Survey of Family Growth (NSFG) stated that around 6.7% of women residing in the U.S. were affected by infertility in 2018. The age group was between 15 to 44 years. Moreover, it is not only the women who are suffering from infertility nowadays. The Oxford Journals published a study that mentioned that in the U.K., one out of ten men from the age group of 16 to 74 years is affected by infertility. The rate is rising worldwide owing to the increasing cases of obesity, rising stress level and a rapid inclination towards a sedentary lifestyle. Besides, numerous government and non-profit agencies in the developed, as well as developing nations, are implementing awareness campaigns to educate the general populaces regarding the cost-effective fertility treatments. These are some of the crucial assisted reproductive technologies market trends that are set to augment ART market growth.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/assisted-reproductive-technology-art-market-101811
Fresh Non-donor Segment to Lead Backed by High Success Rate of Procedures
By procedure, the assisted reproductive technologies (ART) market is divided into fresh donor, frozen donor, fresh non-donor, and frozen non-donor. Amongst these, the fresh non-donor segment is expected to acquire a high CAGR in the coming years owing to the high success rate of procedures by utilizing fresh embryos or eggs. Also, the rising incidence of infertility is expected to boost the growth of this segment. The Oxford Journals, for instance, had published a study that was conducted in 2017. It states that around 19.0% of all fertility cycles would cause live birth if the used egg is not frozen. The frozen non-donor segment, on the other hand, currently holds the second position owing to its cost-effective nature as compared to those cycles that use fresh embryos or eggs. The rest of the segments would also exhibit a healthy CAGR in the coming years.
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Reasons to Purchase this Report:
- Comprehensive analysis of the Assisted Reproductive Technology (ART) Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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