North America Male Infertility Market Forecast 2023-2032
KEY FINDINGSThe North America male infertility market is estimated to grow with a 4.17% CAGR between the forecast years 2023 and 2032. Presence of major market players, development of advanced devices, investments in R&D, ongoing approvals, the introduction of advanced diagnostics, increased awareness, and rising adoption of assisted reproductive technologies
MARKET INSIGHTSThe North America male infertility market growth analysis covers the evaluation of the United States and Canada. Multiple factors drive the male infertility market in Canada. Firstly, there has been a continuous decline in fertility rates in the country, indicating a growing need for infertility treatments. The rise in male infertility cases is another significant driver, with males accounting for up to 50% of cases in Canada. This highlights the demand for male-focused infertility solutions.
Additionally, the increasing incidence of cancer cases in Canada contributes to the growth of the male infertility market. Cancer treatments such as chemotherapy and radiation therapy can adversely affect male fertility, necessitating infertility treatments. Also, unhealthy lifestyles contribute to male infertility, including smoking, obesity, alcohol consumption, and sedentary lifestyles. The growing burden of these factors among the male population creates a greater demand for infertility treatments.
Overall, the combination of declining fertility rates, increasing male infertility cases, the rise in cancer incidence, strategic developments by market players, and unhealthy lifestyle factors are key drivers propelling the growth of the male infertility market in Canada.
COMPETITIVE INSIGHTSMajor market players include Laboratory Corporation of America Holdings, AdvaCare Pharma, Aytu BioPharma, etc.
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