Polaris Market Research recently published a research report on “Infertility Treatment Market Share, Size, Trends, Industry Analysis Report, By End-Use (Fertility Centers, Hospitals & Surgical Clinics, Cryobanks, Research Institutes); By Product; By Procedure; By Patient; By Region; Segment Forecast, 2022 – 2030” in its research database.
According to the research report, the worldwide infertility treatment market size was valued at USD 1.53 billion in 2021 and is expected to reach USD 3.0 Billion by 2030, growing at a CAGR of 7.9% during the forecast period.
What is Infertility Treatment? How Big is the Size of the Infertility Treatment Market?
- Overview
Infertility is a condition where an individual can’t reproduce by natural means. The general cause of infertility can include genetics, STI (Sexually transmitted Infections), uterine fibroids, tubal blockage, immune infertility, and others. Many treatment options are available such as hormone treatments, fertility drugs, and surgery. Certain risk factors associated with infertility include smoking, chemotherapy, radiation, sexually transmitted infections, obesity, stress, and age.
As per the CDS report, every 1 in 8 couples faces fertility problems in the U.S., i.e., over 12% of married women experience complications in attaining pregnancy. One of the key infertility treatment market trends includes the rising number of infertility cases worldwide. The declining fertility rate is also fueling the industry’s growth.
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Some of the Top Market Players Are:
- Cook Group
- Esco Micro Pte. Ltd.
- Fujifilm Irvine Scientific
- Genea
- Hamilton Thorne Ltd.
- Ihmedical A/S
- Ivftech
- Kitazato Corporation
- Rocket Medical Plc
- The Baker Company Inc.
- The Cooper Companies Inc.
- Thermo Fisher Scientific
- Vitrolife
- Zeiss Group
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Growth Driving Factors
The increasing trend of late marriages, rising obesity, and the prevalence of other diseases are causing a declining fertility rate, which is the primary factor propelling the growth of the market. The United Nations reports that by 2030, the fertility rate is expected to decrease to around 2.4 children/woman, and 2.2 children/woman, by 2050. This decreasing rate of fertility rate worldwide is estimated to fuel the demand for such treatments and products, thus driving market expansion. Growing healthcare infrastructure, increasing medical tourism, and affordable medical treatments in emerging markets in the Asia Pacific, Brazil, and Mexico are further accelerating the infertility treatment market demand.
Moreover, rising technological developments coupled with growing investments by public and private firms are boosting market growth. Changing a sedentary lifestyle and delayed pregnancy are other factors bolstering the industry’s development. In addition, increasing awareness regarding the infertility treatments such as IVF and IUI is further anticipated in the infertility treatment market size.
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Recent Developments
- In April 2018, Baker Ruskinn announced a partnership with I&L Biosystems as its UK sales partner, aiming to expand its distribution in the UK industry.
- In March 2019, Vitrolife launched EmbroyoScope+. Vitrolife is one of the leading time-lapse system providers used in assisted reproduction.
Segmental Analysis
- The equipment segment accounted for the largest revenue share in 2021
Based on product, the equipment segment witnessed the largest infertility treatment market share and is estimated to dominate the market over the predicted period. The key factors contributing to this segment’s growth include technological developments and the presence of key players in the industry. Also, the rising focus of major companies towards adopting various strategies such as product launches and collaborations is expected to propel segment development.
Further, the sperm separation segment is likely to generate the fastest growth during the foreseen period. The sperm separation equipment is used in ARTs (Assisted Reproductive Technology), such as artificial insemination and IVF. They are essential for ARTs to get refined samples for the next procedures. Also, the rising demand for infertility treatment is expected to positively influence market growth.
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Infertility Treatment Market: Report Scope
| Report Attribute | Details |
| Market Outlook for 2030 | USD 3.0 Billion |
| Market Size 2021 Value | USD 1.53 Billion |
| Expected CAGR Growth | 7.9% from 2022 – 2030 |
| Base Year | 2021 |
| Forecast Year | 2022 – 2030 |
| Top Market Players | Cook Group, Esco Micro Pte. Ltd., Fujifilm Irvine Scientific, Genea, Hamilton Thorne Ltd., Ihmedical A/S, Ivftech, Kitazato Corporation, Rocket Medical Plc, The Baker Company, Inc., The Cooper Companies Inc., Thermo Fisher Scientific, Vitrolife, and Zeiss Group. |
| Segments Covered | By Product, By Procedure, By Patient, By End-Use, By Region |
| Customization Options | Customized purchase options are available to meet your research needs. Explore customized purchase options |
Geographic Overview
- Asia Pacific is expected to dominate the market
Based on geography, Asia Pacific held the largest revenue share in 2021 and is anticipated to continue its dominance over the forecast period. This shared growth can be attributed to the rising medical tourism and increasing awareness about the availability of such treatment procedures. Also, a surge in the number of fertility clinics and the expanding infertility rate in the Asia Pacific is predicted to create lucrative growth opportunities for the infertility treatment market in the region. The market is also booming due to rapid urbanization, enhancing living standards, increasing disposable income, and growing healthcare expenditure in emerging countries such as South Korea, India, Japan, and China.
Moreover, North America is expected to record a progressive CAGR during the infertility treatment market forecast period owing to the various reimbursement schemes and a surge in the infertility rate. In addition, the growing investments in research & development, beneficial guidelines, and rise in patient awareness in North America are boosting the industry growth.
Browse the Detail Report “Infertility Treatment Market Share, Size, Trends, Industry Analysis Report, By End-Use (Fertility Centers, Hospitals & Surgical Clinics, Cryobanks, Research Institutes); By Product; By Procedure; By Patient; By Region; Segment Forecast, 2022 – 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/infertility-treatment-market
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Key Questions Answered in The Report:
- What is the growth possibility of the market?
- Which product segment will take the lion’s share?
- Which application segment will generate strong growth?
- What are the future investment pockets and opportunities in the market?
- Who are the leading companies? What are their strategies?
- What are the major trends positively impacting the market progress?
Polaris Market Research has segmented the infertility treatment market report on the basis of product, procedure, patient, end-use, and region:
By Product Outlook
- Equipment
- Microscopes
- Imaging Systems
- Sperm Analyzer Systems
- Ovum Aspiration Pumps
- Micromanipulator Systems
- Incubators
- Gas Analyzers
- Laser Systems
- Cryosystems
- Sperm Separation Devices
- Media & Consumables
- Accessories
By Procedure Outlook
- Assisted Reproductive Technology
- Artificial Insemination
- Fertility Surgeries
- Other Infertility Treatment Procedures
By Patient Outlook
- Female Infertility Treatment
- Male Infertility Treatment
By End-Use Outlook
- Fertility Centers
- Hospitals & Surgical Clinics
- Cryobanks
- Research Institutes
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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