Assisted Reproductive Technology (ART) Market - Global Industry, Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Assisted Reproductive Technology (ART) Market - Global Industry, Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : May, 2021 | Healthcare IT

Report Digest

Assisted Reproductive Technology (ART) Market- Overview

Rising incidence of infertility across the globe is one of the major factors driving the assisted reproductive technology (ART) market. The method assists to conceive babies through various medical procedures such as cryopreservation of gametes or embryos, in-vitro fertilization, intracytoplasmic sperm injection (ICSI), and medications. 

Another factor contributing to the expansion of assisted reproductive technology market is increase in the number of single mothers. Besides this, same-sex marriage is another prominent factor for rising adoption of assisted reproduction methods.

Increase in awareness about surrogacy and IVF is expected to boost assisted reproductive technology market in the course of forecast period.

An upcoming research report on assisted reproduction technology market provides detailed insights into growth trends and opportunities likely to come to the fore in the said market over the 2019-2029 forecast period. Demand drivers and challenges pertinent to the assisted reproduction technology market are examined to provide reliable analysis of the assisted reproduction technology market over the forecast period.

Assisted Reproductive Technology (ART) Market : Notable Developments

Changing lifestyle and environmental impact are today related to PCOS/PCOD that impacts reproductive performance of women. This is reducing the chances of conceivability. Hence, women are undergoing infertility treatment with the help of assisted reproductive technology.

In-vitro fertilization (IVF) technology is likely to hold dominance in assisted reproductive technology market when compared to other treatment methods including artificial insemination and surrogacy. Technological advancements and integration of various procedures in the gamut of assistive reproductive methods have awed the entire human race. Integration of preimplantaion genetic diagnosis (PGD) technology with the present implantation technology that helps doctors to screen embryos for any kind of inherited diseases is an example. This will improve the chance of conceiving a healthy fetus.

Assisted Reproductive Technology (ART) Market : Key Trends

High procedural success rate along with constant advancement in assisted reproductive technology is likely to boost the assisted reproductive technology market in the course of forecast period. Insurance providers are covering assisted reproductive procedures. This is one of the major trends fuelling the assisted reproductive technology market.

Obesity and increasing stress level are increasingly becoming common factors for infertility. Government initiatives are aiming to provide better reimbursement policies, to provide better treatment plans. The initiative is projected to bring positive impact on the growth of assisted reproductive technology in the coming years.

Assisted Reproductive Technology (ART) Market : Regional Outlook

Europe and North America are a few promising regions which are expected to contribute in the expansion of reproductive technology market. This is due to the increase in the number of infertility cases and technological advancements in the field of assisted reproductive technology.

Besides this, high awareness among individuals for various assisted reproduction procedures along with initiatives undertaken by governments to promote IVF and similar procedures are favorable for the growth of assistive reproductive technology market in these regions.

High disposable income is another plus that enables people to use novel technologies to conceive babies. This is one of the reasons resulting in growth of assisted reproductive technology market.

On the other hand, ethnic communities in several countries of Asia Pacific are increasingly ignoring social-ethical stigma associated with assistive reproductive procedures. The change is expected to boost assisted reproductive technology market in the region. Also, people are adopting assisted reproductive technology due to low treatment cost. Late family planning in the region is another contributing factor to the expansion of global assisted reproduction technology market.

Some of the prominent players in assisted reproductive technology are Bloom IVF Centre, Vitrolife, Nidacon International AB, Cooper Surgical Inc., and Ova Science Inc. Other players in the assisted reproductive technology market are FUJIFILM Irvine Scientific Inc., Ferring B.V., Microm Ltd, Laboratoire CCD, and Hamilton Thorne Inc.,

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?