Global Fertility Tourism Market Size study & Forecast, by Age Group (18-24, 25-34, 35-44, 45 -54), and Regional Analysis, 2022-2029
Global Fertility Tourism Market is valued at approximately USD 0.417 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 30.0% over the forecast period 2022-2029. The practise of going to or visiting another nation for the purpose of treating a reproductive condition is known as fertility tourism.. The Fertility Tourism market is expanding because of factors such as the rise in accessibility and increasing proximity of healthcare facilities, increase in adoption of digital devices and rising reprotourism and the increasing cases of male and female infertility.
According to the World Health Organization, around 80 million couples worldwide, or 8% to 10% of all couples, suffer from infertility. Thus, high prevalence of infertility is catering to the growth of market. Furthermore, the market is anticipated to expand as a result of an increase in infertility cases, a rise in the trend of delayed pregnancies, and the quick adoption of medical tourism. The market is expanding as a result of improvements in assisted reproductive technologies, cost reductions, and extra perks for visitors like better healthcare, advanced equipment, first-rate hospitality, and personalised care. However, complications associated with the treatment may lead to hampering the growth of market.
The key regions considered for the Global Fertility Tourism Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Market dominance and revenue ownership were both held by North America. Over the anticipated time, the region is predicted to maintain the current pattern. The acceleration of government programs for launching fertility center and the expansion of research and development activities in the region.
Major market players included in this report are:
San Diego Fertility Center
IVF-Life
Barcelona IVF
Eva Fertility Clinics
The Surrey Park Clinic
Bumrungrad International Hospital
Assisted Reproduction and Gynecology Centre
Sincere IVF Center
Alpha IVF & Women’s Specialists
Genesis IVF
Recent Developments in the Market:
In July 2022, in New Brunswick, New Jersey, Xytex Cryo International constructed a brand-new donor lab close to Rutgers University. Sperm donations at Xytex are accepted from donors between the ages of 18 and 38 who adhere to their donor requirements.
In Aug 2021, INVO Bioscience Inc. revealed the creation of a joint venture for an INVO-exclusive clinic in Alabama, the United States, providing in vivo culture system (IVC) INVOcell to clients globally.
Global Fertility Tourism Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Age Group, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Age-Group:
18-24
25-34
35-44
45 -54
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies Mentioned
San Diego Fertility Center
IVF-Life
Barcelona IVF
Eva Fertility Clinics
The Surrey Park Clinic
Bumrungrad International Hospital
Assisted Reproduction and Gynecology Centre
Sincere IVF Center
Alpha IVF & Women’s Specialists
Genesis IVF
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