The Fertility Drugs Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Fertility Drugs Global Market Report 2024, The fertility drugs market size has grown steadily in recent years. It will grow from $2.63 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to increasing infertility rates, advances in reproductive medicine, assisted reproductive technologies (art), delayed childbearing.
The fertility drugs market size is expected to see steadily grown in the next few years. It will grow to $3.11 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to aging population, lifestyle factors, assisted reproductive technologies (art), personalized medicine. Major trends in the forecast period include advancements in assisted reproductive technologies (art), ovulation-inducing medications, hormone therapy.
The growth of the market for fertility drugs is driven by the increasing rates of infertility across the globe. Infertility is the inability to conceive after trying for 12 consecutive months. Fertility drugs are widely used to treat infertility in both men and women. The rising rates of infertility are attributed to physiological problems, hormone problems, and lifestyle or environmental factors. To treat infertility problems in women, fertility drugs are used to regulate their ovulation cycles, which affects the sale of these drugs. For instance, in April 2023, according to the World Health Organization (WHO), a Switzerland-based international public health organization, millions of people in the world who are of reproductive age will struggle with infertility, which will also influence their families and communities. Worldwide, it is estimated that 1 in 6 adults, or around 17.5% of the global adult population, struggle with infertility. Hence, the rising cases of infertility across the globe are increasing the demand for fertility drugs, resulting in the fertility drug market growth.
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The fertility drugs market covered in this report is segmented –
1) By Type Of Drug: Prescription Fertility Drugs, Over-The-Counter Fertility drugs
2) By Route of Administration: Oral, Intravenous, Subcutaneous, Intramuscular
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Top Major Players:
Merck & Co.
Ferring Pharmaceuticals Inc.
Bayer AG
Berlex Laboratories Inc
Janssen Pharmaceutical Inc.
North America was the largest region in the fertility drugs market in 2023.
Sub-Segments
By Gender: Male, Female
New crop production techniques have emerged as the major trend gaining popularity in the food crops grown under cover market. Major companies operating in the food crops grown under cover market are introducing new crop production techniques such as greenhouses, vertical farming, and hydroponic farming to strengthen their position in the market. For instance, in November 2021, NASA- National Aeronautics and Space Administration, a US-based research agency launched an innovative indoor farming technique to produce and grow food crops under cover. The novel technology combines plant science and environmental control techniques to optimize plant growth inside an enclosed space. This innovative agricultural approach laid the foundation for the controlled environment agriculture (CEA) industry.
The fertility drugs market report table of contents includes:
1. Executive Summary
2. Fertility Drugs Market Characteristics
3. Fertility Drugs Market Trends And Strategies
4. Fertility Drugs Market – Macro Economic Scenario
5. Global Fertility Drugs Market Size and Growth
…
31. Global Fertility Drugs Market Competitive Benchmarking
32. Global Fertility Drugs Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Fertility Drugs Market
34.Fertility Drugs Market Future Outlook and Potential Analysis
35. Appendix
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