Assisted Reproductive Technology Market size is expected to reach US$ 59.64 Bn. by year 2029 at a CAGR of 9.8% during the forecast period.
Market Overview:
The objective of this comprehensive study is to provide a detailed analysis of the Assisted Reproductive Technology market industry, encompassing market segmentation by segments and geographical regions. The report includes crucial insights into the market positions of the leading Assisted Reproductive Technology companies, while also highlighting significant industry trends and potential opportunities.
This study further comprises company profiles, product images, specifications, production capacity, pricing, cost structures, revenue figures, and contact details for the prominent players in the Global Assisted Reproductive Technology market. It conducts a thorough examination of global, regional, and corporate market trends, including volume and value assessments. Additionally, historical data is scrutinized and combined with estimations to present a holistic view of the Assisted Reproductive Technology Market Size on a global scale.
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Market Scope:
Following rigorous market engineering, which involved statistical computations, market size estimations, projections, breakdowns, and data triangulation, we conducted extensive primary research to gather, verify, and validate key data. Throughout the market engineering process, both top-down and bottom-up approaches were employed, alongside various data triangulation techniques, to generate market assessments and forecasts for the entire range of market segments and sub-segments within the Assisted Reproductive Technology market. To provide essential insights in the report, comprehensive qualitative and quantitative analyses were conducted on all data collected during the market engineering process.
The market size was validated using both top-down and bottom-up approaches, considering the sale price (excluding any discounts offered by manufacturers, distributors, wholesalers, or traders). We applied weights based on usage rates and average sale prices to each segment, enabling the generation of percentage splits, market shares, and segment breakdowns. The regional divisions of the overall market and its sub-segments were determined based on the percentage adoption or usage of the specified market size in each relevant area or nation.
Drivers:
12.1% of American women between the ages of 15 and 44 have limited fecundity, whereas 6.7% of women in the same age group are infertile, according to the Centers for Disease Control and Prevention (CDC). The demand for ART technology is anticipated to grow as a result. Infertility cases are increasing globally, thus market expansion in the upcoming years is probably due to this. Other factors include a rise in the number of same-sex couples and single women, as well as improved awareness of IVF and surrogacy, are projected to spur market expansion over the projection period. Technology advances are a key factor in industry expansion.
Segmentation:
by Technology
In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others
by End User
Hospitals
Fertility Clinics
Others
Key Players:
The Assisted Reproductive Technology industry has seen notable inorganic growth strategies, including acquisitions, partnerships, and collaborations. Given the rising demand, companies in the Assisted Reproductive Technology market are expected to capitalize on excellent growth opportunities. Some of the key players in the global Assisted Reproductive Technology industry include:
1. California Cryobank
2. Bloom IVF Centre
3. Parallabs
4. OvaScience
5. Anecova
6. Origio
7. Microm Ltd.
8. Merck KGaA
9. Cooper Surgical, Inc
10. Ferring Pharmaceuticals
11. Cosmos Biomedical Limited
12. Cryolab Ltd.
13. European Sperm Bank
14. Irvine Scientific
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Regional Analysis:
After a comprehensive analysis of the political, economic, social, and technological factors impacting the Assisted Reproductive Technology market across different regions, this report presents a detailed PESTLE analysis for the five major areas, namely North America, Europe, Asia Pacific, and the Middle East, Africa, and South America.
COVID-19 Impact Analysis on Assisted Reproductive Technology Market:
The COVID-19 pandemic has significantly altered consumer behavior across all segments of society, prompting industries to adapt and revise their strategies to meet evolving market demands. This report provides an extensive overview of the impact of COVID-19 on the Assisted Reproductive Technology market and offers insights to guide businesses in aligning with the new industry standards.
Key Questions Answered in the Assisted Reproductive Technology Market Report:
What is the projected CAGR of the Assisted Reproductive Technology market during the forecast period?
Which market category emerged as the leader in the Assisted Reproductive Technology industry?
Who are the primary participants in the Assisted Reproductive Technology market?
What is the anticipated size of the Assisted Reproductive Technology market by 2027?
Which company dominates the Assisted Reproductive Technology industry in terms of market share?
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