Global Assisted Reproductive Technology (ART) Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Assisted Reproductive Technology (ART) market size was valued at US$ 19620 million in 2023. With growing demand in downstream market, the Assisted Reproductive Technology (ART) is forecast to a readjusted size of US$ 29270 million by 2030 with a CAGR of 5.9% during review period.
The research report highlights the growth potential of the global Assisted Reproductive Technology (ART) market. Assisted Reproductive Technology (ART) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Assisted Reproductive Technology (ART). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Assisted Reproductive Technology (ART) market.
Assisted Reproductive Technology (ART) is the technology used to achieve pregnancy in procedures such as fertility medication, in vitro fertilization and surrogacy. It is reproductive technology used primarily for infertility treatments, and is also known as fertility treatment. It mainly belongs to the field of reproductive endocrinology and infertility, and may also include intracytoplasmic sperm injection (ICSI) and cryopreservation. Some forms of ART are also used with regard to fertile couples for genetic reasons (preimplantation genetic diagnosis). ART is also used for couples who are discordant for certain communicable diseases; for example, HIV to reduce the risk of infection when a pregnancy is desired.
North America is also expected to witness growth in the coming years. This is due to people awareness towards various fertility options, government support for the in-vitro fertilization and various technological and procedure up gradation. For instance, in August 2015 Ovascience’s treatment named AUGMENT has been reported to have rejuvenated women’s aging egg cells and provided benefits to eggs with poor quality. In February 2015, the scientist of U.S. who invented the three parent IVF procedure requested the Food and Drug Administration (FDA) to grant permission for its clinical trials as age related infertility.
Key Features:
The report on Assisted Reproductive Technology (ART) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Assisted Reproductive Technology (ART) market. It may include historical data, market segmentation by Type (e.g., In-Vitro Fertilization (IVF), Artificial Insemination (AI)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Assisted Reproductive Technology (ART) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Assisted Reproductive Technology (ART) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Assisted Reproductive Technology (ART) industry. This include advancements in Assisted Reproductive Technology (ART) technology, Assisted Reproductive Technology (ART) new entrants, Assisted Reproductive Technology (ART) new investment, and other innovations that are shaping the future of Assisted Reproductive Technology (ART).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Assisted Reproductive Technology (ART) market. It includes factors influencing customer ' purchasing decisions, preferences for Assisted Reproductive Technology (ART) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Assisted Reproductive Technology (ART) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Assisted Reproductive Technology (ART) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Assisted Reproductive Technology (ART) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Assisted Reproductive Technology (ART) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Assisted Reproductive Technology (ART) market.
Market Segmentation:
Assisted Reproductive Technology (ART) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
In-Vitro Fertilization (IVF)
Artificial Insemination (AI)
Segmentation by application
Women Younger Than Age 35
Women Older Than Age 35
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Irvine Scientific
Origio a/s
Vitro Life
Esco Micro Pte. Ltd.
IVFtech ApS
Research Instruments
Genea Limited
Smiths Medical
Thermo Fisher Scientific, Inc.
Cook Medical
Please note: The report will take approximately 2 business days to prepare and deliver.