The Business Research Company’s Infertility Treatment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Infertility Treatment Global Market Report 2023 evaluates infertility treatment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global infertility treatment market size is expected to grow from $1.52 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global infertility treatment is expected to grow to $2.3 billion in 2027 at a CAGR of 8.3%.
The decline in the global fertility rate is a major driver propelling the growth of the infertility treatment market. The fertility rate at a given age is defined as the number of children born alive to women of that age during the year expressed as a percentage of the average annual population of women of that age. The fertility rate worldwide is declining steadily owing to various factors, such as the growing trend of late marriages and increasing age-related infertility. This declining fertility rate has led to a significant increase in the demand for infertility treatment products that determine the fertility window in males and females. For instance, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, the target fertility rate is 2.1 to replace a generation, however, in 2020 it was only 1.6, which was below average. Furthermore, for the last 70 years, fertility rates have decreased worldwide, with a total 50% decline in 2022. Therefore, the decline in the global fertility rate is driving the demand for the infertility treatment market.
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The infertility treatment market segments in the report are:
1) By Product: Equipment, Media and Consumables, Accessories
2) By Procedure: Assisted Reproductive Technology, Artificial Insemination, Fertility Surgeries, Other Infertility Treatment Procedures
3) By Drugs: Clomiphene Citrate, Letrozole, Serophene, Hormone Treatment, Other Drugs
4) By Patient Type: Female Infertility Treatment, Male Infertility Treatment
5) By End User: Hospitals and Surgical Clinics, Cryobanks, Research Institutes
The table of contents in TBRC’s infertility treatment market report includes:
1. Executive Summary
2. Infertility Treatment Market Characteristics
3. Infertility Treatment Market Trends And Strategies
4. Infertility Treatment Market – Macro Economic Scenario
5. Infertility Treatment Market Segmentation
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26. Africa Infertility Treatment Market
27. Infertility Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Infertility Treatment Market
29. Infertility Treatment Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- The Cooper Companies Inc
- Cook Group
- Vitrolife AB
- Thermo Fisher Scientific Inc
- Esco Micro Pte. Ltd
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