According to SPER Market Research, the global Infertility Treatment Market Share is used to aid in reproductive processes and enable the ability to create a child through various technologies such as surgery, artificial insemination, IVF, and surrogacy.
Infertility treatment options enable couples affected by infertility in one or both partners to enjoy parenthood. Technological advances, government initiatives, increased financing, and grants will help boost the infertility treatment industry throughout the forecast period. However, unfavorable regulatory constraints might stifle expansion.
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Market Overview (2022-2030)
• Forecast CAGR (2022-2030): | 8.5% |
• Forecast Market Size (2030): | 2.9 billion |
The equipment market is by far the most important product category in this sector. The substantial proportion of this category may be attributed to fast-expanding technology, product portfolio expansion, and leading market players’ inventive interest. Asia-Pacific dominated the market by geographical segmentation due to technical advancements, improved healthcare infrastructure, higher healthcare expenditure, and entry of significant market players through collaborations with domestic enterprises in Asian countries.
Impact of COVID-19 on the Infertility Treatment Market:
COVID-19 had a negative impact on the infertility treatment industry during the forecast period. Several problems have been noticed throughout the pandemic, including prioritizing treatment for COVID patients, exposing healthcare providers to COVID-19 infection, logistical issues, and a lack of equipment. In-person appointments are required for any infertility treatment, which is scarce during the pandemic. Patients also tend to avoid healthcare settings during the COVID-19 outbreak, which causes infertility treatments to be cancelled or postponed.
Industry Definition and Major Segments:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
Product:
- Equipment
- Media & Consumables
- Accessories
Procedure:
- Assisted reproductive Technology
- Artificial Insemination
- Fertility Surgeries
- Other
Patient Type:
- Female infertility treatment
- Male infertility treatment
End User:
- Fertility Centres
- Hospitals & Surgical Clinics
- Cryobanks
- Research Institutes
Region:
- North America
- Europe
- Asia-Pacific
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Key Market Players:
The global Infertility Treatment market research report provides market data by the competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as Cook Group, DxNow, Inc., Esco Micro Pte. Ltd., FUJIFILM Irvine Scientific, Genea Biomedx, Gynotec B.V., Hamilton Thorne Ltd., IHMedical A/S, InVitroCare Inc., IVFtech ApS, Kitazato Corporation, MedG.
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