Global Assisted Reproductive Technology Market Size research report 2022 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market.
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The global assisted reproductive technology (ART) market size was USD 21.32 billion in 2018 and is projected to reach USD 45.06 billion by 2026, exhibiting a CAGR of 9.8% during the forecast period
Drivers & Restraints
Increasing prevalence of infertility, especially in countries, such as China, the U.S., the U.K., and India is expected to fuel the demand of ART. According to a data published by the National Survey of Family Growth (NSFG), in 2018, around 6.7% of women aged between 15 to 44 years were suffering from infertility in the U.S. Additionally, there is a higher prevalence of infertility among the male population globally, which is projected to further fuel the growth of the fertility services market. For instance, according to a data published in the Oxford Journals, one in ten men in the U.K., aged between 16 years to 74 years, has experienced infertility. The shift towards sedentary lifestyle, rising stress level, and obesity among general population are some of the major factors responsible for the increasing prevalence of infertility. Thus, it is expected to propel the demand for ART technologies worldwide. Also, various governments and non-profit organizations in the developed and emerging countries are actively involved in supporting the general population with an aim to provide fertility treatments at affordable costs. Hence, such initiatives are anticipated to drive the assisted reproductive technology market growth during the forecast period.
This study provides information about the sales and revenue during the historic and forecasted period of (2022 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Assisted Reproductive Technology Market report.
This report focuses on Assisted Reproductive Technology Market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Assisted Reproductive Technology Market market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
An Overview of the Impact of COVID-19 on this Market:
The advancement of COVID-19 has conveyed the world to a stop. We fathom that this prosperity crisis amazingly influences associations across ventures. Nevertheless, everything fortunate or unfortunate should reach a conclusion. There are a couple of organizations that are fighting and some are thriving. By and large, essentially every region is relied upon to be impacted by the pandemic.
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Key players covered in the global Assisted Reproductive Technology Market research report:
- Bloom IVF Centre
- California Cryobank
- CARE Fertility
- Monash IVF Group
- Carolinas Fertility Institute
- European Sperm Bank
- INVO Bioscience
- Apollo Hospitals Enterprise Ltd.
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Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Key Stakeholders
- Natural substance providers
- Merchants/brokers/wholesalers/providers
- Administrative bodies, including government organizations and NGO
- Business innovative work (RandD) establishments
- Merchants and exporters
- Government associations, research associations, and counseling firms
- Exchange affiliations and industry bodies
- End-use enterprises
Major Table of Contents for Assisted Reproductive Technology Market Research Report:
- Introduction
- Executive Summary
- Market Dynamics
- Key Market Growth Insights
- Global Market Analysis, Insights and Forecast, 2017-2028
- North America Market Analysis, Insights and Forecast, 2017-2028
- Europe Market Analysis, Insights and Forecast, 2017-2028
- Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
- The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
- Latin America Market Analysis, Insights and Forecast, 2017-2028
- Competitive Landscape
- Global Assisted Reproductive Technology Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
- Company Profiles
- Conclusion
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