Infertility Treatment Devices Market Size - By Type (Sperm Separation Devices, Ovum Aspiration Pumps, Sperm Analyzer Systems, Micromanipulator Systems, Incubators, Cryosystems, Imaging Systems, Microscopes), By End-use - Global Forecast to 2032
Global Infertility Treatment Devices Market will witness 8.4% CAGR between 2023 and 2032. The increasing prevalence of infertility issues, attributed to lifestyle changes, stress, and delayed childbearing, has fueled the demand for infertility treatment options. According to a WHO report released in April 2023, approximately 17.5% of adults globally, or roughly 1 in 6 individuals, grapple with infertility. This underscores the pressing requirement to enhance accessibility to affordable and top-tier fertility care services for those who require them, driving the demand for infertility treatment devices.
Advanced technologies and innovative devices are offering more effective and less invasive treatment solutions, attracting both patients and healthcare providers. Furthermore, rising awareness about infertility treatment options and expanding insurance coverage for fertility treatments are boosting market growth. Additionally, the growing trend towards postponing parenthood is supporting the expansion of the infertility treatment devices industry by creating a larger customer base.
The overall Infertility Treatment Devices Market is classified based on type, end-user, and region.
By type, the ovum aspiration pumps segment will witness a 7.7% CAGR from 2023 to 2032. These devices play a pivotal role in procedures like in vitro fertilization (IVF) and egg retrieval. Their precision and effectiveness make them essential tools for fertility specialists. The high incidence rate associated with fertility issues, in tandem with advancements in assisted reproductive technologies, fuels the demand for ovum aspiration pumps. As couples seek solutions for infertility, these devices remain crucial in addressing their reproductive challenges, strengthening the infertility treatment devices market outlook.
By end-user, the hospitals and other healthcare facilities segment will register an 8% CAGR from 2023 to 2032. The increasing prevalence of infertility issues, in line with the rising awareness about advanced treatment options, has led to a growing number of patients seeking fertility services in these settings. Fertility clinics within hospitals and dedicated healthcare facilities provide a range of infertility treatments, creating a strong demand for specialized devices like ovum aspiration pumps, incubators, and embryo transfer catheters. The crucial role that hospitals and healthcare facilities play in addressing infertility challenges and driving infertility treatment devices demand.
Regionally, the Asia Pacific infertility treatment devices industry will record a 9% CAGR from 2023 to 2032. Factors such as changing lifestyles, increasing stress, and delayed family planning contribute to rising infertility rates, driving the demand for advanced treatment options. Expanding healthcare infrastructure and a growing awareness of infertility treatments are further propelling market growth. As more couples in the Asia-Pacific region seek solutions for fertility challenges, the demand for infertility treatment devices market is set for expansion.