Global Assistive Reproductive Technology Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Consumables, and Instruments.

By Technology;

In-Vitro Fertilization (IVF), Artificial Insemination-Intrauterine Insemination (AI-IUI), Frozen Embryo Replacement (FER), and Others.

By Procedures;

Fresh Donor, Frozen Donor, Fresh Nondonor, Embryo/Egg Banking, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn196287054 Published Date: October, 2024 Updated Date: December, 2024

Introduction

Global Assistive Reproductive Technology Market (USD Million), 2020 - 2030

In the year 2023, the Global Assistive Reproductive Technology Market was valued at USD 2,995.23 million. The size of this market is expected to increase to USD 4,299.61 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The Global Assistive Reproductive Technology Market plays a pivotal role in addressing fertility challenges and facilitating parenthood for individuals and couples experiencing infertility. ART encompasses a diverse range of medical procedures and treatments aimed at assisting with conception and achieving successful pregnancies in cases where natural conception is not feasible. With infertility affecting millions of people worldwide, the ART market serves as a beacon of hope, offering innovative solutions and advanced technologies to overcome reproductive barriers and fulfill the dreams of parenthood.

The landscape of the global ART market is characterized by a continuum of interventions, ranging from basic fertility treatments to sophisticated assisted reproductive techniques. Key ART procedures include in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), gamete intrafallopian transfer (GIFT), and intrauterine insemination (IUI), among others. These procedures are designed to address various underlying causes of infertility, such as male factor infertility, ovulatory disorders, tubal abnormalities, and unexplained infertility, providing tailored solutions to meet the diverse needs of patients.

The growth of the global ART market is propelled by several factors, including changing demographic trends, increasing infertility prevalence, and advancements in reproductive medicine and biotechnology. Factors such as delayed childbearing, lifestyle factors, environmental influences, and rising incidence of reproductive disorders contribute to the growing demand for ART services worldwide. Additionally, greater societal acceptance of non-traditional family structures and expanding access to fertility treatments further drive market expansion, creating opportunities for ART providers and stakeholders.

Technological innovations and scientific breakthroughs continue to revolutionize the field of ART, enabling the development of treatments and techniques to improve success rates and enhance patient outcomes. Innovations such as preimplantation genetic testing (PGT), time-lapse embryo imaging, and advanced cryopreservation methods have transformed the landscape of ART, offering new possibilities for patients facing complex fertility challenges. The integration of artificial intelligence (AI), machine learning, and big data analytics holds promise for optimizing treatment protocols, predicting treatment outcomes, and personalizing patient care in the realm of ART.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Procedures
    4. Market Snapshot, By Region
  4. Global Assistive Reproductive Technology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing infertility prevalence
        2. Delayed childbearing trend
        3. Growing ART awareness and acceptance
        4. Cryopreservation and genetic screening innovations
        5. Demand for donor gametes and surrogacy
      2. Restraints
        1. Limited insurance coverage
        2. Rural clinic access limitations
        3. Psychological stress of infertility
        4. Health risks of multiple pregnancies
      3. Opportunities
        1. Fertility tourism growth
        2. Personalized fertility treatments
        3. Clinic-genetics company collaborations
        4. Fertility preservation advancements
        5. Employer-sponsored fertility benefits
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Assistive Reproductive Technology Market, By Product, 2020-2030 (USD Million)
      1. Consumables
      2. Instruments
    2. Global Assistive Reproductive Technology Market, By Technology, 2020-2030 (USD Million)
      1. In-vitro fertilization (IVF)
      2. Artificial Insemination-Intrauterine Insemination (AI-IUI)
      3. Frozen Embryo Replacement (FER)
      4. Others
    3. Global Assistive Reproductive Technology Market, By Procedures, 2020-2030 (USD Million)
      1. Fresh Donor
      2. Frozen Donor
      3. Fresh Nondonor
      4. Embryo/Egg Banking
      5. Others
    4. Global Assistive Reproductive Technology Market, By Geography, 2020-2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. The Cooper Companies, Inc. (CooperSurgical)
      2. Vitrolife AB
      3. Cook Medical
      4. Merck KGaA (EMD Serono)
      5. Ferring Pharmaceuticals
      6. Irvine Scientific
      7. Origio
      8. Thermo Fisher Scientific Inc.
      9. Genea Biomedx
      10. FUJIFILM Irvine Scientific
      11. IVFtech ApS
      12. Esco Micro Pte Ltd.
      13. Progyny, Inc.
      14. Cryoport, Inc.
      15. OvaScience (Now Millendo Therapeutics)
  7. Analyst Views
  8. Future Outlook of the Market