Global Human Reproductive Technologies Market Size study & Forecast, by Material Reproductive Technology (Infertility drugs, Contraceptive), By Gender and Regional Analysis, 2022-2029
Global Human Reproductive Technologies Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Human Reproductive Technologies assist couples having trouble with pregnancy or infertility issues etc. It includes prognostics, contraception, Assisted Reproductive Technology (ART), and same-sex procreation. The Human Reproductive Technologies market is expanding because of factors such as decreasing birth rate and delayed family planning.
According to the National Vital Statistics System, the preliminary number of births in the United States in 2018 was 3,788,235, a 2% decrease from 2017 and the lowest number of births in 32 years. Thus , with the decreasing birth rate the market is expected to grow in the forecast period Whereas, the rising infertility and growing R&D activities by market players create lucrative opportunities for the market. However, limited insurance coverage hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Human Reproductive Technologies Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue, owing to the rising infertility rates due to obesity, changing lifestyles, and rising age conceptions. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing awareness about reproductive technologies, growing adoption of western lifestyle and rising healthcare spending.
Major market player included in this report are:
CooperSurgical, Inc.
Teva Pharmaceutical Industries
AbbVie Inc.
Ferring B.V.
Merck KGaA
Genea Limited
Ivftech
Bayer AG
Recent Developments in the Market:
In June 2022- Genea Limited (Genea) is acquired by Liverpool Partners Pty Ltd (LVP). Both companies supply fertility services including IVF across Perth, Sidney, and Melbourne. Fertility services include a range of services, such as Intracytoplasmic Sperm Injection (ICSI), In Vitro Fertilization (IVF), Preimplantation Genetic Testing (PGT), egg-freezing, Ovulation Induction (OI), Intra Uterine Insemination (IUI), and frozen or fresh embryo transfer.
Global Human Reproductive Technologies 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 Reproductive Technology, Gender, 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 Reproductive Technology:
Infertility Drugs
Contraceptive
By Gender:
Male
Female
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
CooperSurgical, Inc.
Teva Pharmaceutical Industries
AbbVie Inc.
Ferring B.V.
Merck KGaA
Genea Limited
Ivftech
Bayer AG
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