The global assisted reproductive technology market is projected to be worth USD 50.32 Billion by 2027, according to a new report by Emergen Research. The market for assisted reproductive technology (ART) is experiencing rapid growth attributed to the surging popularity of in-vitro fertilization (IVF) (with or without Intracytoplasmic Sperm Injection (ICSI)) and artificial insemination-intrauterine (AI-IUI), among other technologies. The Global Assistive Reproductive Technology Market studies the market scenario to offer growth projections for the Assistive Reproductive Technology industry for the forecast period of 2020-2027. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period.
The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The growing prevalence of ovulation problems, a common cause of infertility in women with irregular or no periods, is a significant factor driving the growth of the assisted reproductive technology market and accounts for around 25.0% of infertility cases in women across the globe.
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The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies. A lack of awareness pertaining to fertility in people of the young generation and women opting for fertility treatment is likely to increase fertility duration and, in due course, may need in-vitro fertilization, thereby fueling the demand for assisted reproductive technology. Infertility is a multi-faceted issue involving social, cultural, and economic implications, which may reach threatening extents in nations with having problems with demographics. According to statistics published by WHO, about 8.0%-10.0% of couples are suffering from a certain type of infertility issue.
Top competitors of the Assistive Reproductive Technology Market profiled in the report include Origio, Cryolab Ltd., Bloom IVF Center, Ferring Pharmaceuticals, Cosmos Biomedical, Irvine Scientific, European Sperm Bank, Ovascience, Parallabs, and Microm UK Ltd., among others.
Key Highlights From The Report
Frozen non-donor eggs are projected to grow at the fastest rate in the period 2020-2027, owing to their established reliability and a higher success rate for pregnancy.
Artificial Insemination-Intrauterine doesn’t require the removal of eggs from the body, and hence the procedure is far less invasive for the women who would conceive. Also, the process is cost-effective compared to IVF, as it doesn’t require egg extraction/laboratory monitoring.
In June 2020, Ferring Pharmaceuticals made an announcement about signing a two-year agreement with Igenomix for researching innovative disease mechanisms and targets discovery in conditions associated with infertility and pregnancy, such as preeclampsia, for developing groundbreaking diagnostic and therapeutic approaches in catering to unmet demand.
Furthermore, the report provides a comprehensive overview of the Assistive Reproductive Technology Market along with product portfolio and market performance. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns.
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Emergen Research has segmented the global assisted reproductive technology market on the basis of procedure, technology, end-users, and region:
Procedure Outlook (Revenue, USD Billion; 2017-2027)
Technology Outlook (Revenue, USD Billion; 2017-2027)
In-Vitro Fertilization (IVF)
In-Vitro Fertilization (IVF) with Intracytoplasmic Sperm Injection (ICSI)
In-Vitro Fertilization (IVF) without Intracytoplasmic Sperm Injection (ICSI)
Artificial Insemination-Intrauterine (AI-IUI)
Frozen Embryo Transfer (FET)
End-Users Outlook (Revenue, USD Billion; 2017-2027)
Regional Analysis of the Assistive Reproductive Technology Market:
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Assistive Reproductive Technology industry.
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Table of Content
Chapter 1. Methodology & Sources
Assistive Reproductive Technology Market Definition
Assistive Reproductive Technology Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Assistive Reproductive Technology Market Segmentation & Impact Analysis
4.1. Assistive Reproductive Technology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Assistive Reproductive Technology Market indicators analysis
4.2.2. Assistive Reproductive Technology Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. Assistive Reproductive Technology Market restraints analysis
220.127.116.11. High cost associated with the maintenance of Assistive Reproductive Technology products
18.104.22.168. Availability of renewable sources of energy
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 Analysis
Questions addressed in the report:
Which manufacturing processes are utilized for the production of Assistive Reproductive Technology Market?
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Assistive Reproductive Technology Market in the near future?
What is the regulatory framework governing the application of Assistive Reproductive Technology Market in the food industry?
Key Benefits of the Report:
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Assistive Reproductive Technology Market
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