Zion Market Research has published a new report titled “Infertility Treatment Market by Product Type (Equipment, Media, and Accessories), by Procedure Type, by Patient Type, and by End-User (Fertility Clinics, Cryobanks, and Hospitals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global infertility treatment market was valued at approximately USD 1,519 million in 2018 and is projected to generate around USD 2,567 million by 2025, at a CAGR of around 7.8% between 2019 and 2025.
Infertility is a condition where couples are not able to conceive naturally due to various factors, such as medical conditions in women, low sperm quality and count, etc. These factors do not support the meeting of sperm and ovum that leads to infertility. Infertility can be observed in men and women and is caused by various medical conditions and lifestyle patterns. Infertility can be diagnosed in men and women both with the help of various diagnostics procedures, such as physical examination, ultrasound, checking sperm count and quality, etc. It can also be treated with the help of various techniques, such as ART (Artificial reproductive technology) and artificial insemination. Infertility generally depends on various factors in both males and females.
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Changing lifestyle patterns are expected to support the growth of the global infertility treatment market in the future. As per the U.S. Department of Health & Human Services report and CDC, around 6.1 million women in the U.S. aged between 15 and 44 experience difficulties in conceiving or continuing pregnancy. Furthermore, there has been a drastic change in lifestyles, such as growing consumption of alcohol, increasing smoking habits, and rising stress levels, of both men and women that also leads to infertility issues. Technological advancements and an increasing number of research and development activities are to create various growth opportunities in the infertility treatment market in the years ahead. However, the high cost of advanced technologies for infertility treatment, such as ART, may inhibit the infertility treatment market over the estimated timeframe.
The global infertility treatment market is segmented into product type, procedure type, patient type, and end-user. By product type, the market is segmented into media, equipment, and accessories. The equipment segment is expected to hold a major market share over the forecast time period. By procedure type, the market is segmented into insemination, tube litigation, laparoscopy, and ART. The ART (Assisted Reproductive Technology) segment is expected to develop significantly over the forecast timeline. By patient type, the market is segmented into men and women. Women held a major share of the global infertility treatment market in 2018. By end-user, the market is segmented into hospitals, fertility clinics, and cryobanks. Fertility clinics are expected to develop significantly over the estimated time span.
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By region, North America is expected to lead the global infertility treatment market over the forecast time period and closely followed by Europe. The Asia Pacific infertility treatment market is expected to experience rapid growth in the future. The Latin American and the Middle Eastern and African markets are expected to grow considerably in the upcoming years.
Some key players of the global infertility treatment market are Esco Micro Pte. Ltd., The Cooper Companies Inc., Genea Limited, Irvine Scientific Inc., Thermo Fisher Scientific, Inc., Vitrolife AB, The Baker Company, Cook Group Incorporated, IVFtech ApS, and Kitazato Corporation, among others.
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This report segments the global infertility treatment market into:
Global Infertility Treatment Market: Product Type Analysis
Global Infertility Treatment Market: Procedure Type Analysis
- Tube Litigation
- Assisted Reproductive Patient Type (ART)
Global Infertility Treatment Market: Patient Type Analysis
Global Infertility Treatment Market: End-User Analysis
- Fertility Clinics
Global Infertility Treatment Market: Regional Analysis
- North America
- The U.S.
- Asia Pacific