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Assisted Reproductive Technology Market is estimated to register 6.3% CAGR during 2017-2025

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Devanand Patil
Assisted Reproductive Technology Market is estimated to register 6.3% CAGR during 2017-2025

The global assisted reproductive technology (ART) market has gathered momentum on the back of growing focus of clinicians and policy makers to accommodate risk-benefit trade-offs for patients. Relentless efforts of the proponents to advance vitro fertilization (IVF)/intracytoplasmic sperm injection (ICSI) protocols for improving live births impart a considerable growth momentum, notes Transparency Market Research (TMR). The social burden of infertility among couples has been rising due to the marked of secondary infertility, spurring research to improve ART procedures. Resultantly, the ART market has benefitted from efforts of the overall healthcare fraternity to optimize maternal and infant outcomes from IVF and ICSI. Further, clinicians are also focusing on expanding procedural choices expanding the business avenue in the assisted reproductive technology market.

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The assisted reproductive technology market was estimated at US$22,100.0 million in 2016 is expected to climb to revenues worth of US$37,789.6 million by 2025 end. During 2017–2025, the market is projected to rise at CAGR of 6.3%.

Sizable Funding in ART Technologies Aim to Reduce Global Burden of Infertility

Over the past decade, several countries in developing and developed regions have witnessed sizable funding in ART technologies. The growing uptake in industrialized nations with successful outcomes has propelled the growth of the assisted reproductive technology market. North America for instance has seen growing acceptance of ART to overcome the burden of infertility. The uptake is fueled by expanding continuum of reproductive health care, especially in the U.S., which has helped bring down the procedural risks associated with ART.

Developing markets such as Asia Pacific have shown remarkable potential on the global landscape. The region is expected to serve leading share of revenues to the global assisted reproductive technology market.

TOC of Report – https://www.transparencymarketresearch.com/report-toc/29234

Healthcare Providers Highlight Need of Improving Care Plans For Women Post ART

Overall, the global assisted reproductive technology market has seen rapid advances made in healthcare to improve care plans for women who have attained pregnant using any assisted reproductive technology. Increased focus of clinical practice guidelines (CPGs) have helped maternal and antenatal care providers improve the outcome of ART pregnancies, especially in developed nations of the world. A variety of complications have sought to reduce the outcomes of ART, more notably risk of congenital malformations and preeclampsia, intensifying the need for such guidelines. A case in point is recent CPGs published by Society of Obstetricians and Gynaecologists of Canada (SOGC). Such initiatives by healthcare systems will likely expand the potential of the assisted reproductive technology market.

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Players Focus on Expanding Product Portfolio

The global assisted reproductive technology market features a fairly fragmented landscape. Top players have attained stronghold in the market due to their robust product portfolio. Moreover, a few are focusing on squarely on geographical expansions.

Well-entrenched players in the global assisted reproductive technology market include Nikon Corporation, Merck & Company, Inc., Planer PLC, Laboratoire CCD, Esco Micro Pte. Ltd., Nidacon International AB, Hamilton Thorne, Inc., Irvine Scientific, CooperSurgical, Inc., and Vitrolife AB.

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The study presented here is based on a report by Transparency Market Research (TMR) titled “Assisted Reproductive Technology Market - (Technology - In Vitro Fertilization (Intra-cytoplasmic Sperm Injection (ICSI) and Preimplantation Genetic Diagnosis (PGD)), Artificial Insemination (Intrauterine Insemination (IUI) and Intracervical Insemination (ICI)), and Surrogacy; Procedure - Frozen Donor, Frozen Non Donor, Fresh Donor, Fresh Non Donor, and Embryo Banking; End User - Fertility Clinics and Hospitals) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2025”.

The global assisted reproductive technology market is segmented based on:

Technology

  • In Vitro Fertilization
    • Intra-cytoplasmic Sperm Injection (ICSI)
    • Preimplantation Genetic Diagnosis (PGD)
  • Artificial Insemination
    • Intrauterine Insemination (IUI)
    • Intracervical Insemination (ICI)
    • Others
  • Surrogacy
  • Others

Procedure

  • Frozen Donor
  • Frozen Non Donor
  • Fresh Donor
  • Fresh Non Donor
  • Embryo Banking

End User

  • Fertility Clinics
  • Hospitals
  • Others

Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • Russia
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • India
    • China
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC countries
    • South Africa
    • Rest of Middle East & Africa

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Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

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