Assisted Reproductive Technology (ART) Market Industry Demand, Business Growth, Business Statistics and Research Methodology by Forecast to 2029


Posted March 13, 2024 by Shitalmax

The global Assisted Reproductive Technology (ART) market is anticipated to reach a valuation of US$ 59.64 billion by the year 2029, exhibiting a noteworthy Compound Annual Growth rate (CAGR) of 9.8%
 
Market Overview

As of the most recent Assisted Reproductive Technology (ART) Market update, the global economic landscape reflects a dynamic interplay of various factors. Major financial markets continue to navigate the aftermath of the unprecedented events that unfolded in recent years, such as the global pandemic and geopolitical shifts. Equities have demonstrated resilience amid ongoing uncertainties, propelled by technological advancements, innovation, and accommodative monetary policies. However, challenges persist, including inflationary pressures, supply chain disruptions, and regulatory changes in various sectors. Investors are closely monitoring central bank decisions, fiscal policies, and emerging trends to assess potential opportunities and risks. The market's response to evolving conditions underscores the importance of adaptability and strategic planning for both businesses and investors in this complex and ever-changing environment.

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Report Scope:

The report comprehensively analyzes the global Assisted Reproductive Technology market, providing insights into market dynamics, segment analysis, regional trends, and key developments. It offers valuable data for investors and stakeholders to make informed decisions.

Research Methodology:

The research methodology employed in this report ensures accuracy and reliability. It incorporates data collection from primary and secondary sources, rigorous analysis, and expert validation, providing a robust foundation for insights and forecasts.

Drivers:

The escalating prevalence of infertility issues emerges as the primary driver propelling market growth. Statistics from the Centres for Disease Control and Prevention (CDC) underscore the increasing demand for ART technologies due to rising infertility cases worldwide. Moreover, factors such as a surge in single women and same-sex couples, enhanced awareness of IVF and surrogacy, and technological advancements contribute to market expansion.

Restraints:

Despite significant growth prospects, the high cost associated with assisted reproductive technologies poses a challenge to market growth. Additionally, factors like changing demographic trends, delayed parenthood, and lifestyle choices impact market dynamics.

Segmentation:

The global Assisted Reproductive Technology market is segmented based on Technology and End-Users. In-Vitro Fertilization (IVF) emerges as the dominant segment, driven by its high success rates and continuous improvements. Sub-segments such as IVF with Intra-cytoplasmic Sperm Injection (ICSI) and IVF without ICSI showcase notable advancements, further fueling market growth.

by Technology

In Vitro-fertilization (IVF)
Artificial Insemination (AI-IUI)
Frozen Embryo Replacement (FER)
Others

by End User

Hospitals
Fertility Clinics
Others

Regional Insights:

Europe leads the global market, buoyed by increased infertility rates, heightened public awareness, and supportive government initiatives. Meanwhile, the Asia Pacific (APAC) region is poised for lucrative growth, driven by government support for in-vitro fertilization and substantial investments in technological research.

Market Key Players

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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Key questions answered in the Assisted Reproductive Technology (ART) Market report include:

What is Assisted Reproductive Technology (ART)?
What factors drive Assisted Reproductive Technology (ART) Market growth?
What are the main challenges for Assisted Reproductive Technology (ART) Market growth?
What was the Assisted Reproductive Technology (ART) market size in 2023?
Which trends are expected to contribute to Assisted Reproductive Technology (ART) market growth?
What recent industry trends can generate additional revenue streams for the Assisted Reproductive Technology (ART) Market?
What growth strategies are players considering to increase their foothold in the Assisted Reproductive Technology (ART) Market?
Who held the largest market share in the Assisted Reproductive Technology (ART) Market?

Key Offerings:

Past Market Size and Competitive Landscape (2021 to 2023)
Past Pricing and price curve by region (2021 to 2023)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Health
Tags assisted reproductive technology art market industry assisted reproductive technology art market size assisted reproductive technology art market shar
Last Updated March 13, 2024