Fertility Tourism Market Size, Trends, Analysis, and Outlook By Age Group (Below 28 Years, 28 to 34 Years, Above 35 Years), By End-User (Female, Male), by Region, Country, Segment, and Companies, 2024-2030
The global Fertility Tourism market size is poised to register 19.09% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Fertility Tourism market across By Age Group (Below 28 Years, 28 to 34 Years, Above 35 Years), By End-User (Female, Male).
The fertility tourism market is witnessing significant growth due to the increasing prevalence of infertility, rising demand for assisted reproductive technologies (ART), and globalization of fertility services. Fertility tourism, also known as reproductive tourism or cross-border reproductive care, involves individuals traveling to other countries to access fertility treatments and procedures that may be unavailable, restricted, or more affordable in their home countries. Factors such as the growing acceptance of non-traditional family structures, delays in childbearing due to lifestyle factors, and advancements in fertility treatments and technologies are driving the demand for fertility tourism. Additionally, factors such as long wait times, legal restrictions, cultural and religious barriers, and cost considerations in accessing fertility treatments in some countries are propelling individuals to seek treatment abroad. Moreover, the availability of high-quality medical facilities, experienced fertility specialists, and advanced ART procedures in popular fertility tourism destinations, along with favorable government policies and supportive legal frameworks, are further fueling market growth. Furthermore, increasing partnerships between fertility clinics, travel agencies, and medical tourism facilitators, along with efforts to enhance patient experience and provide holistic care services, are expected to drive market expansion in the coming years.
Fertility Tourism Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Fertility Tourism market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Fertility Tourism survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Fertility Tourism industry.
Key market trends defining the global Fertility Tourism demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Fertility Tourism Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Fertility Tourism industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Fertility Tourism companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Fertility Tourism industry
Leading Fertility Tourism companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Fertility Tourism companies.
Fertility Tourism Market Study- Strategic Analysis Review
The Fertility Tourism market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Fertility Tourism Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Fertility Tourism industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.
Fertility Tourism Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.
North America Fertility Tourism Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Fertility Tourism market segments. Similarly, Strong end-user demand is encouraging Canadian Fertility Tourism companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Fertility Tourism market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Fertility Tourism Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Fertility Tourism industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Fertility Tourism market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Fertility Tourism Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Fertility Tourism in Asia Pacific. In particular, China, India, and South East Asian Fertility Tourism markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.
Latin America Fertility Tourism Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Fertility Tourism Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Fertility Tourism market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Fertility Tourism.
Fertility Tourism Market Company Profiles
The global Fertility Tourism market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Alpha IVF & Womens Specialists, Apollo Fertility, assisted Reproduction and Gynaecology Centre (ARGC), Barcelona IVF, Bumrungrad International Hospital, City Fertility, Eva Fertility Clinics, Genesis IVF, Manchester Fertility Services Ltd, Nova IVF, Sakra World Hospital (Sakra Fertility Centre), San Diego Fertility Center
Recent Fertility Tourism Market Developments
The global Fertility Tourism market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Fertility Tourism Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Age Group
Below 28 Years
28-34 Years
Above 35 Years
By End-User
Female
Male
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Alpha IVF & Womens Specialists
Apollo Fertility
assisted Reproduction and Gynaecology Centre (ARGC)
Barcelona IVF
Bumrungrad International Hospital
City Fertility
Eva Fertility Clinics
Genesis IVF
Manchester Fertility Services Ltd
Nova IVF
Sakra World Hospital (Sakra Fertility Centre)
San Diego Fertility Center
Formats Available: Excel, PDF, and PPT