Infertility Treatment Market By Procedure (Assisted Reproductive Technology, Artificial Insemination, Fertility Surgeries, Other Procedures) , By Patient Type (Female Infertility Treatment, Male Infertility Treatment) By End User (Fertility Centers, Hospitals & Surgical Clinics, Cryobanks, Research Institutes) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Infertility Treatment Market Expected to Garner $3.8 Billion by 2033, Growing at a CAGR of 8.6%
The global infertility treatment market is expected to grow primarily due to the increasing acceptance of assisted reproductive technologies and the growing demand for genetic testing to prevent hereditary diseases. The Asia-Pacific region is predicted to witness profitable growth by 2033.
As per the report published by Research Dive, the global infertility treatment market was valued at $1.7 billion in 2023 and is expected to register a revenue of $3.8 billion by 2033 at a CAGR of 8.6% during the forecast period 2024-2033.
Dynamics of the MarketThe increasing awareness & acceptance of assisted reproductive technologies, growing demand for genetic testing to prevent hereditary diseases, and policies promoting fertility treatments are expected to make the infertility treatment market a highly profitable one in the forecast period. Besides, lifestyle factors contributing to infertility, such as obesity & smoking are further boosting the market growth.
However, according to market analysts, legal restrictions on certain infertility treatments and disparities in access to reproductive healthcare services might restrain the growth of the market.
Technological innovations improving IVF outcomes and accessibility and advancements in third party IVF services present significant opportunities for infertility treatment market growth. Moreover, advancements in genomic testing are reducing genetic disorders during IVF, increasing its attractiveness on a global scale.
Key Players of the MarketThe major players of the infertility treatment market include Thermo Fisher Scientific, Vitrolife, Cook Group, Baker Company INC., Genea Biomedx Ltd., Hamilton Thorne Ltd., Esco Micro Pte Ltd., FUJIFILM Irvine Scientific, and IVFtech APS.
What the Report CoversIn addition to the details highlighted in this description, the comprehensive final report delves into essential market aspects. These encompass a market overview, SWOT analysis, market dynamics, Porter’s five forces analysis, segmentation (key trends, regional analysis, and forecast analysis), and company profiles (including company overview, product portfolio, operating segments, strategic initiatives, and financial performance).
Key Market SegmentsBy Patient TypeFemale Infertility Treatment
Male Infertility Treatment
By End UserFertility Centers
Hospitals Surgical Clinics
Cryobanks
Research Institutes
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
Italy
Spain
UK
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
By ProcedureAssisted Reproductive Technology
Artificial Insemination
Fertility Surgeries
Other Procedures
Key Market PlayersThermo Fisher Scientific Inc.
Baker Company INC
vitrolife
Cook Group
Genea Biomedx Ltd.
Esco Micro Pte Ltd.
Hamilton Thorne Ltd.
FUJIFILM Irvine Scientific
IVFtech ApS