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Assisted Reproductive Technology Trends and Forecast
The future of the global assisted reproductive technology market looks promising with opportunities in the fertility clinic, hospital, surgical center, and clinical research institute markets. The global assisted reproductive technology market is expected to reach an estimated $46.2 billion by 2030 with a CAGR of 9.6% from 2024 to 2030. The major drivers for this market are rising prevalence of infertility rate, rapid technological advancements in assisted reproductive technology, and and growing awareness regarding infertility treatment.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Assisted Reproductive Technology by Segment
The study includes a forecast for the global assisted reproductive technology by product, technology, end use industry, and region.
Assisted Reproductive Technology Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Instrument
• Accessory & Disposable
• Reagents & Media
Assisted Reproductive Technology Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• In Vitro-Fertilization
• Artificial Insemination
• Others
Assisted Reproductive Technology Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Fertility Clinic
• Hospital
• Surgical Center
• Clinical Research Institute
• Others
Assisted Reproductive Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Assisted Reproductive Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies assisted reproductive technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the assisted reproductive technology companies profiled in this report include-
• Cosmos Biomedical
• Microm U.K.
• Coopersurgical
• Fujifilm Irvine Scientific
• Cryolab
• Vitrolife Ab
• European Sperm Bank
• Bloom Ivf Centre
• Merck
• Ferring B.V.
Assisted Reproductive Technology Market Insights
Lucintel forecasts that in vitro-fertilization will remain the larger segment over the forecast period due to reducing fertility rate, growing sedentary lifestyle, growing trend of delayed pregnancy and low cost of IVF procedure.
Within this market, fertility clinic will remain the largest segment due to growing prevalence of reproductive cases, rising unhealthy lifestyle, and increase in the number of fertility clinics.
Europe is expected to witness highest growth over the forecast period due to growing prevalence of infertility, increasing disposable incomes, and rising funds from government and private organization for in-vitro fertilization (IVF), and advancements in technology for infertility in the region.
Features of the Global Assisted Reproductive Technology Market
Market Size Estimates: Assisted reproductive technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Assisted reproductive technology market by various segments, such as by product, technology, end use industry and region in terms of($B).
Regional Analysis: Assisted reproductive technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, technologies, end use industries, and regions for the assisted reproductive technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the assisted reproductive technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the assisted reproductive technology market size?
Answer: The global assisted reproductive technology market is expected to reach an estimated $46.2 billion by 2030.
Q.2 What is the growth forecast for assisted reproductive technology market?
Answer: The global assisted reproductive technology market is expected to grow with a CAGR of 9.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the assisted reproductive technology market?
Answer: The major drivers for this market are rising prevalence of infertility rate, rapid technological advancements in assisted reproductive technology, and and growing awareness regarding infertility treatment.
Q4. What are the major segments for assisted reproductive technology market?
Answer: The future of the assisted reproductive technology market looks promising with opportunities in the fertility clinic, hospital, surgical center, and clinical research institute markets.
Q5. Who are the key assisted reproductive technology market companies?
Answer: Some of the key assisted reproductive technology companies are as follows:
• Cosmos Biomedical
• Microm U.K.
• CooperSurgical
• FUJIFILM Irvine Scientific
• Cryolab
• Vitrolife AB
• European Sperm Bank
• Bloom IVF Centre
• Merck
• Ferring B.V.
Q6. Which assisted reproductive technology market segment will be the largest in future?
Answer: Lucintel forecasts that in vitro-fertilization will remain the larger segment over the forecast period due to reducing fertility rate, growing sedentary lifestyle, growing trend of delayed pregnancy and low cost of IVF procedure.
Q7. In assisted reproductive technology market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period due to growing prevalence of infertility, increasing disposable incomes, and rising funds from government and private organization for in-vitro fertilization (IVF), and advancements in technology for infertility in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the assisted reproductive technology market by product (instrument, accessory & disposable, and reagents & media), technology (in vitro-fertilization, artificial insemination, and others), end use industry (fertility clinic, hospital, surgical center, clinical research institute, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Assisted Reproductive Technology Market, Assisted Reproductive Technology Market Size, Assisted Reproductive Technology Market Growth, Assisted Reproductive Technology Market Analysis, Assisted Reproductive Technology Market Report, Assisted Reproductive Technology Market Share, Assisted Reproductive Technology Market Trends, Assisted Reproductive Technology Market Forecast, Assisted Reproductive Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Assisted Reproductive Technology Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Assisted Reproductive Technology Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Assisted Reproductive Technology Market by Product
3.3.1: Instrument
3.3.2: Accessory & Disposable
3.3.3: Reagents & Media
3.4: Global Assisted Reproductive Technology Market by Technology
3.4.1: In Vitro-Fertilization
3.4.2: Artificial Insemination
3.4.3: Others
3.5: Global Assisted Reproductive Technology Market by End Use Industry
3.5.1: Fertility Clinic
3.5.2: Hospital
3.5.3: Surgical Center
3.5.4: Clinical Research Institute
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Assisted Reproductive Technology Market by Region
4.2: North American Assisted Reproductive Technology Market
4.2.2: North American Assisted Reproductive Technology Market by End Use Industry: Fertility Clinic, Hospital, Surgical Center, Clinical Research Institute, and Others
4.3: European Assisted Reproductive Technology Market
4.3.1: European Assisted Reproductive Technology Market by Technology: In Vitro-Fertilization, Artificial Insemination, and Others
4.3.2: European Assisted Reproductive Technology Market by End Use Industry: Fertility Clinic, Hospital, Surgical Center, Clinical Research Institute, and Others
4.4: APAC Assisted Reproductive Technology Market
4.4.1: APAC Assisted Reproductive Technology Market by Technology: In Vitro-Fertilization, Artificial Insemination, and Others
4.4.2: APAC Assisted Reproductive Technology Market by End Use Industry: Fertility Clinic, Hospital, Surgical Center, Clinical Research Institute, and Others
4.5: ROW Assisted Reproductive Technology Market
4.5.1: ROW Assisted Reproductive Technology Market by Technology: In Vitro-Fertilization, Artificial Insemination, and Others
4.5.2: ROW Assisted Reproductive Technology Market by End Use Industry: Fertility Clinic, Hospital, Surgical Center, Clinical Research Institute, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Assisted Reproductive Technology Market by Product
6.1.2: Growth Opportunities for the Global Assisted Reproductive Technology Market by Technology
6.1.3: Growth Opportunities for the Global Assisted Reproductive Technology Market by End Use Industry
6.1.4: Growth Opportunities for the Global Assisted Reproductive Technology Market by Region
6.2: Emerging Trends in the Global Assisted Reproductive Technology Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Assisted Reproductive Technology Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Assisted Reproductive Technology Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cosmos Biomedical
7.2: Microm U.K.
7.3: CooperSurgical
7.4: FUJIFILM Irvine Scientific
7.5: Cryolab
7.6: Vitrolife AB
7.7: European Sperm Bank
7.8: Bloom IVF Centre
7.9: Merck
7.10: Ferring B.V.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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