Assistive reproductive technology market

Q: What are the growth estimates for assistive reproductive technology market till 2027?

The global assistive reproductive technology market is estimated to surpass US$ 37.6 Billion by 2027. Read more

Q: Which are the prominent assistive reproductive technology marketplayers across the globe?

Major players operating in the global assistive reproductive technology marketinclude Cooper Surgical Inc., Hamilton Thorne, Inc., FUJIFILM Irvine Scientific, Inc., Merck KGaA, Nidacon International AB, Vitrolife AB, EMD Serono, Inc., INVO Bioscience, IVFtech ApS, Gonagen Medikal, Cook Medical LLC., and CellCura ASA. Read more

Q: What are the key factors hampering growth of the assistive reproductive technology market?

Availability of alternative treatment such as hormone therapy including hormone injections and tablets such as Choragon, Gonapeptyl, Lutinus, Propess and othersis one of the major factors that is expected to hamper growth of the market over the forecast period. Read more

Q: What are the key factors driving growth of the assistive reproductive technology market?

Rising prevalence and incidence of infertility is one of the major factors that is expected to propel growth of the market over the forecast period Read more

Q: What is the compound annual growth rate (CAGR) of the assistive reproductive technology market for next 8 years?

The global assistive reproductive technology marketis estimated to exhibit a CAGR of 5.3% over the forecast period. Read more

Q: Which region is dominating theassistive reproductive technology market growth?

Among regions, North America is expected to hold significant market share in the global assistive reproductive technology market over forecast period. Read more

Assistive Reproductive Technology Market, by Product Type (Consumables and Instruments), by Technology (In-vitro fertilization (IVF) (IVF with Intracytoplasmic Sperm Injection (ICSI) and IVF without Intracytoplasmic Sperm Injection (ICSI), Artificial Insemination-Intrauterine Insemination (AI-IUI), Frozen Embryo Replacement (FER) and Others); by Procedure (Fresh Donor, Frozen Donor, Fresh Nondonor, Frozen Nondonor, Embryo/Egg Banking, and Others; by End User (Fertility Clinics, IVF Center, and Hospital), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis 2019 - 2027

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Sep 2019
CMI3041
170 Pages
Excel & Pdf
Biotechnology

Summary

Assisted reproductive technology (ART) are the medical procedures used for infertility treatment, in which eggs are surgically removed from the ovaries and are combined with the sperms in a laboratory. These eggs are then mixed with sperms to form embryos. ART procedure sometimes uses donor eggs, donor sperm, or previously frozen embryos. It may involve a surrogate or gestational carrier.

Rising prevalence and incidence of infertility is expected to drive global assistive reproductive technology market growth in the forecast period

Rising prevalence of infertility has led to an increase in demand for fertility treatments such as In Vitro Fertilization (IVF), Artificial Insemination-Intrauterine Insemination (AI-IUI) and others. In the U.S. prevalence of infertility is rising rapidly. For instance, according to the U.S. Department of Health & Human Services, in 2016, around 10 in 100 (6.1 million) women faced difficulty in getting pregnant.

In past few years there has been significant preference for assistive reproductive technology owing to rising prevalence and incidence of infertility in men and women. For instance, according to the University of Pittsburgh Medical Center (UPMC Pinnacle), around seven million men and women opted for assisted fertility treatments such as IVF in 2015. Moreover, according to the Society for Assisted Reproductive Technology, in 2013, around 175,000 cycles of IVF were conducted, which was a 6% increase compared to 2012.

Such rising prevalence and incidence of infertility had led to an increase in number of assistive reproductive technology (ART) clinics in the U.S. According to the National Centers for Chronic Disease Prevention and Health Promotion, there are total 499 ART clinics in U.S, among which, 464 clinics had reported the ART related data, and in 2015 total 231,936 ART cycles are performed in U.S.

Increasing demand of assistive reproductive technology, has increased the participation of manufacturers in the development of assistive reproductive technology products

Market players are focused on expanding their portfolio of reproductive and fertility treatment products. For instance, Cooper Surgical Inc., a provider of fertility & genomic solutions, has an extensive portfolio ART management systems, IVF workstations, pipettes and needles for sperm or eggs transfer, catheters for embryos transfer, culture media and test kits. Moreover, Hamilton Thorne, In., also provides products such as sperm analyzers and a broad range of ART micropipettes.

FUJIFILM Irvine Scientific, Inc. provides water for assisted reproductive technology use, and also provides various products required for ART procedures. Moreover, Gonagen Medikal also offers various assistive reproductive technology such as IVF, ICSI and others, for infertility treatment.

Companies are also adopting strategies to increase their share in the global assistive reproductive technology market and improve their product portfolio. For instance, in June 2018, Vitrolife AB and GE Healthcare partnered to improve their assisted reproductive technology offerings in the market.

Manufacturers are also engaged in creating awareness regarding In Vitro Fertilization (IVF) and Intracytoplasmic Sperm Injection (ISCI) which are expected to propel the global assistive reproductive technology market growth

Manufactures are taking several initiatives for creating awareness and providing training regarding ART technology. For instance, in June 2019 Cooper Surgical Inc. Conducted a workshop in India, to provide complete insight about the pre-requisites and techniques associated with ART, this workshop included lectures, demonstration, and hands-on work training of ART technologies. Moreover, in March 2019 Cooper Surgical Inc., conducted a workshop in Denmark on sperm selection techniques for ICSI procedures.

Global assistive reproductive technology market size was valued at US$ 23,669.2 Mn in 2018, and is expected to witness a CAGR of 5.3% during the forecast period (2019–2027).

Figure 1. Global Assistive Reproductive Technology Market Share (%), By End User, 2019-2027

Source: Coherent Market Insights Analysis (2019)

North America is expected to hold dominant position in global assistive reproductive technology market, due to increasing awareness about fertility treatments, and rising number of hospitals, and ART procedures. For instance, in U.S. 2015 according to National Center For Chronic Disease Prevention and Health Promotion, approximately 38.1% of ART procedures were carried out for age group <35 yrs., and 21.0 % procedures are performed for people in the age group of 35 to 37 years. Such increasing demand for ART procedures is expected to drive the global assistive reproductive technology market growth.

Furthermore, Europe is expected to witness considerable growth in the global assistive reproductive technology market due to increasing number of ART cycles. For instance, in 2014 according to the European society of Human Reproduction and Embryology (ESHRE), around 800,000 treatment cycles were performed from 39 countries in Europe.

Figure 2. Global Assistive Reproductive Technology Market Share (%) Analysis, By Region, 2019 and 2027

Source: Coherent Market Insights Analysis (2019)

Market Restraints

Factors restraining the global assistive reproductive technology market growth are availability of alternative treatment such as hormone therapy including hormone injections and tablets such as Choragon, Gonapeptyl, Lutinus, Propess and others.

Key Players

Key players operating in the global assistive reproductive technology market include Cooper Surgical Inc., Hamilton Thorne, Inc., FUJIFILM Irvine Scientific, Inc., Merck KGaA, Nidacon International AB, Vitrolife AB, EMD Serono, Inc., INVO Bioscience, IVFtech ApS, Gonagen Medikal, Cook Medical LLC., and CellCura ASA.

Table of Content

Table of Contents

*Browse 37 market data tables and 25 figures on “Assistive Reproductive Technology Market - Global forecast to 2027.

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- Frequently Asked Questions -

What are the growth estimates for assistive reproductive technology market till 2027?

The global assistive reproductive technology market is estimated to surpass US$ 37.6 Billion by 2027.

Which are the prominent assistive reproductive technology marketplayers across the globe?

Major players operating in the global assistive reproductive technology marketinclude Cooper Surgical Inc., Hamilton Thorne, Inc., FUJIFILM Irvine Scientific, Inc., Merck KGaA, Nidacon International AB, Vitrolife AB, EMD Serono, Inc., INVO Bioscience, IVFtech ApS, Gonagen Medikal, Cook Medical LLC., and CellCura ASA.

What are the key factors hampering growth of the assistive reproductive technology market?

Availability of alternative treatment such as hormone therapy including hormone injections and tablets such as Choragon, Gonapeptyl, Lutinus, Propess and othersis one of the major factors that is expected to hamper growth of the market over the forecast period.

What are the key factors driving growth of the assistive reproductive technology market?

Rising prevalence and incidence of infertility is one of the major factors that is expected to propel growth of the market over the forecast period

What is the compound annual growth rate (CAGR) of the assistive reproductive technology market for next 8 years?

The global assistive reproductive technology marketis estimated to exhibit a CAGR of 5.3% over the forecast period.

Which region is dominating theassistive reproductive technology market growth?

Among regions, North America is expected to hold significant market share in the global assistive reproductive technology market over forecast period.