Global Fertility Treatments Market Strategies 2024, Forecast To 2033
11 Jan, 2024
The fertility treatments market has witnessed robust growth, advancing from $16.54 billion in 2023 to $17.97 billion in 2024, demonstrating an 8.6% Compound Annual Growth Rate (CAGR). Historical growth is attributed to increasing infertility rates, advancements in reproductive medicine, healthcare coverage, and awareness and stigma reduction. Expectations for robust growth continue, with the market projected to reach $25.02 billion in 2028, with an 8.6% CAGR. This trajectory is fueled by delayed childbearing, expanding reproductive services, technological advancements, and improved access to fertility services. Key trends include advancements in in vitro fertilization (IVF), single embryo transfer (SET), telehealth and virtual consultations, and fertility preservation for cancer patients.
Global Fertility Treatments Market Key Driver
The growing median age of first-time motherhood, coupled with lifestyle changes, is escalating the demand for fertility treatments. Global trends, such as delayed marriages and career prioritization, have increased the average age of first-time mothers. In the U.S., the average age rose from 25.6 in 2011 to 27.3 in 2021. This shift contributes to a rise in infertility cases, leading to an increased reliance on fertility treatments like in vitro fertilization (IVF). Consequently, the fertility treatments market is experiencing significant growth.
Get A Free Sample Of The Global Fertility Treatments Market ReportGlobal Fertility Treatments Market Segments
The fertility treatments market covered in this report is segmented –
1)By Product: Reagents, Equipment
2)By Patient Type: Female, Male
3)By End-User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
By Geography: The regions covered in the fertility treatments market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the fertility treatment market in 2023. Western Europe was the second largest region in the fertility treatment market. The regions covered in the fertility treatments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Fertility Treatments Industry Players
Apollo Hospitals Enterprise Ltd., Care Fertility Group Limited, Genea Limited, Johns Hopkins Health System Corp., Medicover AB, Monash IVF Group, Progyny Inc., Vitrolife AB, Carolinas Fertility Institute PLLC, OvaScience Inc., Xytex Cryo International Ltd., Merck Group, Cook Group Incorporated, CooperSurgical Inc., Instituto Bernabeu, INVO Bioscience Inc., Cooper Companies Inc., Virtus Health Ltd., CryoChoice LLC, Millendo Therapeutics Inc., FUJIFILM Irvine Scientific Inc., LABOTECT GMBH, Fertility Focus Limited, Olympus Corporation, Irvine Scientific sales Company Inc., Ferring Pharmaceuticals Inc., Prelude Fertility Inc., Boston IVF, RMA Fertility Clinics, Shady Grove Fertility, CCRM Management Company LLC, IVIRMA Global, CARE Fertility
Get The Full Global Fertility Treatments Market ReportFertility Treatments Market Overview
Fertility treatment is a medical treatment provided to a man or a woman to increase their chances of bearing an offspring. It is used to treat infertile patients. Hormone and ovulation-supporting medicines are frequently used in fertility treatments, sometimes in conjunction with minor surgical procedures.
Fertility Treatments Global Market Report 2023 provides data on the global fertility treatments market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fertility treatments market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.