Fertility Services Market Industry Size, Opportunities and Forecast By 2029

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Data Bridge Market Research analyses that the fertility services market which was USD 17.45 billion in 2021, would rocket up to USD 31.59 billion by 2029, and is expected to undergo a CAGR of 7.70% during the forecast period 2022 to 2029.

The  Fertility Services Market survey report can be elaborated in terms of the breakdown of data by manufacturers, region, type, and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The report provides key statistics on the market status of Global and Regional manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Fertility Services Market industry. Fertility Services Market research report is a resource that provides current as well as upcoming technical and financial details of the industry for the forecast period.

The Fertility Services Marketing report answers many critical business questions and challenges and proves to be a go-to solution. With this market report, businesses can focus on the data and realities of the industry, which keeps business on the right path. This market document performs a thorough analysis of the potential of the market in the present and the future prospects from various angles. To improve the customer experience while using this report, all facts and figures of statistical and numerical data are represented very well. An international Fertility Services Market business report also comprises a methodical investment analysis that forecasts forthcoming opportunities for the market players.

Data Bridge Market Research analyses that the fertility services market which was USD 17.45 billion in 2021, would rocket up to USD 31.59 billion by 2029, and is expected to undergo a CAGR of 7.70% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Explore Further Details about This Research Fertility Services Market Report https://www.databridgemarketresearch.com/reports/global-fertility-services-market

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Infertility (Male infertility, Female infertility), Procedure (Assisted Reproductive Technology (ART), In-Vitro Fertilization, Artificial Insemination, Surrogacy, Others), Services (Donor, Non-donor), End-User (Fertility Clinics, Hospitals, Clinical Research Institutes, Surgical Centers)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Olympus Corporation (Japan), The Cooper Companies Inc. (U.S.), Instituto Bernabeu (Spain), Virtus Health (Australia), CooperSurgical, Inc. (U.S.), Vitrolife (Sweden), CARE Fertility (U.K.), INVO Bioscience (U.S.), Monash IVF (Australia), Fertility Focus Limited (U.S.), Carolinas Fertility Institute (U.S.), Apollo Hospitals Enterprise Ltd. (India), Merck KGaA (Germany), LABOTECT GMBH (Germany), Medicover (Sweden)

Market Opportunities

  • Rising continuous decline in fertility rates

 

Market Definition

The services that those who are unable to conceive naturally use are known as fertility services. These fertility services aid infertile couples, single parents, LGBT people, and anyone who are having trouble getting pregnant. Treatment methods for genetic disorders and infertility concerns are included in fertility treatments in order to aid in conception.

Fertility Services Market Dynamics

Drivers

  • Rising technological advancements

Growing technological advancements in fertility treatment, rising success rates with ICSI-IVF in cases of poor sperm morphology, poor sperm motility, and low sperm count in men, rising accessibility and availability of healthcare facilities, and rising healthcare and research spending are the main factors among others driving the fertility market.

  • Rising delayed pregnancies in women

Rising delayed pregnancies in women are the key factor escalating the market growth. Additionally, in the anticipated period of 2022–2029, rising technical developments, modernization, and research and development activities in the healthcare sector will further generate new chances for the market for fertility services.

  • Increased awareness of infertility treatments

The expansion of the fertility services market is anticipated to be fuelled by developments in assisted reproductive technology, increased awareness of infertility treatments, and an increase in the number of fertility clinics.

Opportunities

According to a research by the American Society for Reproductive Medicine, the male spouse causes infertility in about 40% of infertile couples, and among them, between 85 and 90 percent are cured with medication or surgery. This is expected to fuel the market for fertility services

Regional Analysis/Insights

  • The  Fertility Services Market is analyzed and market size insights and trends are provided by country, component, products, end use and application as referenced above.
  • The countries covered in the Fertility Services Market reportare U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
  • North America dominatesthe Fertility Services Market because of the region's high prevalence Fertility Services Market
  • Asia-Pacific is expectedto witness significant growth during the forecast period of 2022 to 2029 due to the focus of various established market players to expand their presence and the rising number of surgeries in this particular region.

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